Moves through June 8, Financials edition

S&P Global Market Intelligence presents a weekly rundown of select executive management and other personnel moves at Asian financial institutions. The news items are listed by announcement date in reverse chronological order.

June 8

* Bank of Qingdao Co. Ltd. said Guo Shaoquan resigned as chairman in compliance with the terms of his tenure and his age approaching the retirement threshold. The board of directors agreed to elect the bank's executive director and president, Wang Lin, to succeed Guo.

* Union Bank of the Philippines said Marwell Dalangin, a vice president and head of the lender's data science solutions division, resigned from the bank, effective June 11.

* Indbank Merchant Banking Services Ltd. and Ind Bank Housing Ltd. said Arun Kumar Bansal resigned as nominee director of the firms, effective June 7, due to his resignation from the holding company, Indian Bank.

June 7

* State Bank of India appointed its deputy managing director, Saloni Narayan, as deputy managing director for finance, according to a stock exchange filing. In a separate filing, the bank said the Indian government appointed the lender's deputy managing director, Alok Kumar Choudhary, as the bank's managing director.

* India's The Karnataka Bank Ltd. said it appointed its deputy general manager, Raghuram HS, as the bank's chief risk officer, with effect from June, to succeed Ramesh S in the role.

* The board of Finkurve Financial Services Ltd. appointed Dharmesh Lalitkumar Trivedi an additional nonexecutive independent director for a term of five years, with effect from June 7, subject to the approval of shareholders of the company.

* Lion Group Holding Ltd. said Guandong Wang, a Class I director of the firm, resigned from the board for personal reasons, effective June 3.

* Ellerston Asian Investments Ltd.--> said in a release that Paul Dortkamp