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.
Sept. 11
* Perpetual Ltd. appointed Greg Cooper a nonexecutive director. In addition, Philip Bullock and Sylvia Falzon also stepped down as nonexecutive directors on the company's board, with effect from Oct. 17.
Sept. 10
* Aberdeen Standard Investments Inc. named Min Chow Sai head of investment research for Asia-Pacific real estate, Pension & Investments reported.
* Leon Zwier will retire as an independent nonexecutive director of Challenger Ltd.
* T.R. Swaminathan retired as an independent director of Williamson Magor & Co. Ltd., with effect from Sept. 9.
* Barclays PLC let go of several salespeople and traders in Japan, Bloomberg News reported, citing company insiders.
Sept. 9
* Jefferies Group LLC appointed David Summerfield managing director and head of hedge fund sales for its newly launched equities team in Australia, The Australian Financial Review's Street Talk blog reported, citing unnamed sources.
* Mega Financial Holding Co. Ltd. named Wu Hong-Mo a director on its board, replacing Wei Chien-Hung, who resigned from the role in May.
Sept. 8
* Dilip Sadarangani retired as part-time chairman and independent director of Federal Bank Ltd.
Sept. 7
* ClearView Wealth Ltd. appointed Orla Cowan chief risk officer, Insurance Business reported, citing Simon Swanson, the company's managing director.
Sept. 6
* Wei Wei, CEO and chairman of Pintec Technology Holdings Ltd., took a temporary medical leave of absence and resigned as the company's chairman. The company elected Jun Dong, who has been a director of the company since 2012, to be its new chairman and acting CEO.
* Bank of Guiyang Co. Ltd. received regulatory approval to appoint Zhang Zhengnhai chairman and a board director.
* Murray Horn resigned as an independent nonexecutive director of China Construction Bank Corp. due to a job change.
* Hong Leong Bank Bhd. appointed Lau Souk Huan an independent nonexecutive director.
Sept. 5
* AMP Ltd. commenced the cancellation of the licenses of more than 1,500 of its aligned financial advisers, Reuters reported, citing an internal email from Alex Wade, head of the Australian company's wealth management unit.
* B. A. Prabhakar retired as an independent director of Karnataka Bank Ltd.
* Cloris Li tendered her resignation as an independent director of Dragon Victory International Ltd. due to personal reasons. The company elected Bin Liu to fill in the soon-to-be-vacant role, with both resignation and appointment taking effect Sept. 30.
