19 May, 2022

Moves through May 18, 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.

May 18

* The Indian government nominated Vivek Bhardwaj a government nominee director on the board of The Jammu and Kashmir Bank Ltd., in place of Atal Dulloo, effective May 17.

May 17

* London-based Barclays PLC appointed Hossein Zaimi head of markets for Asia-Pacific, FinanceAsia reported. Zaimi's appointment took effect May 16.

* Jarden Partners Ltd. hired Silvana Schenone as co-head of investment banking for New Zealand, The Australian Financial Review's Street Talk blog reported.

* IndusInd Bank Ltd. said Sanjay Mallik stepped down as head of investor relations and strategy due to personal and professional commitments, effective May 18. Indrajit Yadav was named to take over the position.

* Australia-based Openpay Group Ltd. said Jussi Nunes resigned as CFO and will be replaced by Oliver Josem.

* Commercial Bank of Ceylon PLC named Sellathurai Prabagar COO and director.

* Vivek Kumar Dewangan was named chairman and managing director of India-based REC Ltd.

* Thailand's Beyond Securities PCL said Mom Rajawongse Somlabh Kitiyakara's term as chairman and independent director expired, effective April 29. Pattanant Petchchedchoo was named chairman of the board.

* Sejal Choudhary stepped down as independent director of Sterling Guaranty & Finance Ltd., citing personal reasons.

May 16

* JS Global Capital Ltd. appointed Fahad Siddiqui a director to take over Syed Ghaus Ahmad, subject to necessary regulatory approvals.

* Huishang Bank Corp. Ltd. said Qian Dongsheng stepped down as a nonexecutive director.

May 14

* Share India Securities Ltd. named Parveen Gupta chairman and managing director for a five-year term, effective July 21. Meanwhile, Sachin Gupta was appointed CEO and whole-time director for a five-year period. Saroj Gupta was named whole-time director.

May 13

* Reserve Bank of India appointed Rajiv Ranjan and Sitikantha Pattanaik executive directors, effective May 2.

May 12

* Credit Suisse Group AG will name Tim Tu and Aaron Oh co-heads of its Asia-Pacific financing group, Bloomberg News reported, citing people familiar with the matter.

* National Bank of Pakistan said Arif Usmani completed his tenure as president. Rehmat Ali Hasnie was assigned president.

* Commercial Bank of Ceylon PLC said Sivakrishnarajah Renganathan retired as managing director and CEO.

* Bank of Maharashtra named Sanjay Rudra chief risk officer, replacing Arun Kabade.

* Ujjivan Small Finance Bank Ltd. appointed Anita Ramachandran an additional independent director, effective July 1.

* PNB Housing Finance Ltd. said Ashwani Kumar Gupta ceased to be an independent director following the completion of a five-year term.

* Housing Development Finance Corp. Bank of Sri Lanka said M.P.D.U.K. Mapa Pathirana stepped down as nonexecutive independent director, effective April 28.