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City of London Investment Group's exec retires; Erste Group board member dies

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City of London Investment Group's exec retires; Erste Group board member dies

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.

City of London Investment Group

* City of London Investment Group PLC said Barry Olliff retired from an executive role, effective Dec. 31, 2019, having retired from the board of unit City of London Investment Management Co. Ltd. on Dec. 1, 2019.

Olliff, the founder and director of City of London Investment Group, will serve as an adviser to the executive team for the next two years and has been asked by the company to complete his current term as nonexecutive and nonindependent director of the board through October.

Additionally, Finance Director Tracy Rodrigues has requested a leave of absence for family reasons and will step down from the group's board, effective March 31. Meanwhile, Carlos Yuste, head of business development, will join the board, effective Jan. 1.

Erste Group Bank

* Erste Group Bank AG said its supervisory board member Brian O'Neill died.

O'Neill was part of the board since May 2007, the Austrian lender said.

Alpha Bank

*Alpha Bank AE's nonexecutive member Demetrios Mantzounis declared his intention to resign from the role by Dec. 31, 2019.

Subsidiary Bank Home Credit & Finance Bank

* Subsidiary Bank JSC Home Credit & Finance Bank said Ladislav Šimíček was excluded from the Kazakhstan-based lender's management board.

BRD-Groupe Société Générale

* The National Bank of Romania approved the nomination of Radu Topliceanu as deputy CEO retail and Stéphane Fortin as deputy CEO finance, treasury of Société Générale SA's Romanian subsidiary, BRD-Groupe Société Générale SA.

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