15 Mar, 2021

Morgan Stanley unit names managing director; Bank of Georgia appoints director

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

Morgan Stanley

Morgan Stanley (France) SA appointed Emmanuel Goldstein managing director in France, effective immediately. Goldstein succeeds René Proglio, who left the group at the beginning of 2021, L'Agefi reported.

U.S. bank Morgan Stanley is the parent of the France-based lender.

Bank of Georgia

Bank of Georgia Group PLC appointed Mariam Megvinetukhutsesi an independent nonexecutive director of its board, effective March 12.

Megvinetukhutsesi will also join the bank's supervisory board, subject to regulatory approval.

Meanwhile, Neil Janin is also expected to step down as chair of Bank of Georgia's board of directors and the supervisory board of unit JSC Bank of Georgia before December-end in line with the group's efforts to comply with changes to the central bank's corporate governance rules for commercial banks. Janin will remain on both boards as a nonindependent member to facilitate a smooth transition to a new chair for both boards.

OTP Bank

Péter Csányi replaced Tibor Johancsik as deputy CEO and head of the IT division at Hungary-based OTP Bank Nyrt.

Prior to the appointment, Csányi served as managing director in charge of digital developments and sales.

Meanwhile, the bank said its board of directors will soon decide on widening the activities of the group's IT division. In the event of a positive decision, the division will function as the digital division.

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