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Moves through Jan. 16, Financials edition


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Moves through Jan. 16, 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.

Jan. 16

* Shanghai Pudong Development Bank Co. Ltd. said Dong Xiuming resigned as a director of its board.

* Wan Feng resigned from all his positions at New China Life Insurance Co. Ltd., which includes his role as CEO and chairman of the board.

* Nepal-based Sunrise Bank Ltd. appointed Moti Lal Dugar chairman.

* Kittiphun Anutarasoti, president and CEO of CIMB Thai Bank PCL, is taking a voluntary personal leave until March 31 for personal reasons.

Jan. 15

* Tune Protect Group Bhd. named Ai Lin Khoo group CEO.

* India's Comfort Commotrade Ltd. said Kapil Vashishtha resigned as CFO.

Jan. 14

* N. Malayalaramamirtham retired as a board director of India's Lakshmi Vilas Bank Ltd.

* ICICI Bank Ltd. appointed B. Sriram and Rama Bijapurkar additional independent directors.

* India's Sanghi Corporate Services Ltd. said Kongassery Udaykumar resigned as a director.

* South Korea's Taurus Investment & Securities Co. Ltd. appointed Shin Jong-ho CEO.

* Vietnam Technological and Commercial Joint Stock Bank, or Techcombank, appointed Le Ba Dung deputy CEO.

* India-based Stellar Capital Services Ltd. said Amarpal Singh and Abhishek Bathla resigned as independent directors.

* Managed Accounts Holdings Ltd. made several changes to its distribution and executive teams, including the appointment Pamella Wilson as group COO.

* Carlyle Group LP announced leadership changes, including the appointment of Ling Yang as partner for Asia buyouts.

Jan. 12

* India's Upasana Finance Ltd. appointed Vikash Mahipal CEO and CFO, effective Jan. 1.

* Federal Bank Ltd. said Ganesh Sankaran stepped down as an executive director, effective Feb. 15.

* India-based Yes Bank Ltd. named Brahm Dutt nonexecutive part-time chairman.

Jan. 11

* Shanghai Pudong Development Bank said Gu Jianzhong resigned as a member of its board.

* Voltaire Leasing & Finance Ltd. said Sourabh Vijay and Uma Chatterjee resigned as nonexecutive directors.

* Australia's Sequoia Financial Group Ltd. proposed the removal of Scott Beeton as a director and the appointment of Kevin Pattison as a director.

* Agricultural Bank of China Ltd. nominated Margaret Leung Ko May Yee and Liu Shouying independent nonexecutive directors and Li Wei a nonexecutive director.

* Bank of America Corp. appointed Jiro Seguchi and Jin Su co-presidents of the Asia-Pacific region.

* Philippine-based Medco Holdings Inc. appointed Magher Baul a director.

Jan. 10

* India's RBL Bank Ltd. said Rama Bijapurkar stepped down as an independent director.

* Emkay Global Financial Services Ltd. appointed Suveer Chainani CEO of its institutional clients group, effective Jan. 7.

* Cathay Financial Holding Co. Ltd. said Johnson Lo was appointed president of unit Cathay Futures Co. Ltd.

* Hong Kong-based Easy Repay Finance & Investment Ltd. said Shiu Yeuk Yuen stepped down as CEO.