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 30
* Sumitomo Mitsui Banking Corp. Malaysia Bhd. reportedly appointed Tony Chin Kok Sang chairman, effective May 15.
* Japan's Hiroshima Bank Ltd. proposed the appointment of three directors to its board.
* Aozora Bank Ltd. has elected Kei Tanikawa a director on its board.
* XL Catlin's insurance operations appointed Zoe Xie client and distribution leader for Asia, effective May 28.
* Allianz Malaysia Bhd. has added Renate Wagner to the company's board.
* India's Mukesh Babu Financial Services Ltd appointed Mahesh Thakar CFO, effective May 29.
* Takayoshi Futae resigned as a director on the board of Security Bank Corp.
* India's Capital Trade Links Ltd appointed Santosh Gupta CFO, effective May 30.
* Vaishali Kasture resigned as an independent director of L&T Finance Holdings Ltd., effective May 29.
May 29
* Punit Goyal and Anilchandra Bhujde resigned from the board of Finkurve Financial Services Ltd, effective May 29.
* The board of India-based Prime Securities Ltd appointed Vineet Suri an additional executive director.
* India-based JPT Securities Ltd. appointed Akshita Gandhi an additional director.
* Krishan Lall Khetarpaul stepped down as an independent director of Paul Merchants Ltd, effective May 28.
* India's Optimus Finance Ltd named Murali Krishnamoorthy an additional director to its board.
* JPMorgan Chase & Co. reportedly appointed Jim Miller vice chairman of investment banking in Australia.
* Japan's Hyakugo Bank Ltd. proposed the appointment of Ichiro Wakasa as an outside director on its board.
* Industrial & Commercial Bank of China Ltd. nominated Arnout Henricus Elisabeth Maria Wellink an independent nonexecutive director.
* Ali Jehangir Siddiqui stepped down as director and chairman of Pakistan-based JS Bank Ltd.
* ICICI Bank Ltd. appointed M.D. Mallya an additional independent director for a five-year term, with effect from May 29.
* Aomori Bank Ltd. appointed Naotake Atsumi an outside director.
* Rizal Commercial Banking Corp. appointed Elizabeth Coronel first senior vice president and group head of conglomerates and global corporate banking, effective June 16.
* AIA Group Ltd. appointed Daisuke Iwase group chief digital officer, effective July 1.
* HSBC Holdings PLC reportedly appointed Howard Kim head of global banking for Korea.
May 28
* Sri Lanka's Commercial Leasing & Finance Plc appointed Thamotharampillai Sanakan a nonexecutive independent director, effective May 23.
* Sri Lanka-based Alliance Finance Company Ltd. said Chairman Sunil Karunanayake died May 27.
* Sheng Yuan Holdings Ltd named Qiu Bin CEO after Wu Siu Lam resigned as executive director and CEO, effective May 28.
* Nations Trust Bank Plc said Harsha Raghavan resigned as a director, effective May 25.
* Taiwan Cooperative Bank Ltd. said Weng Ming-Hui retired as a director on its board, effective June 1.
* Shizuoka Bank Ltd. appointed Toshihiko Yamamoto and Motoshige Itoh members of its board.
* Deutsche Bank AG has reportedly started cutting jobs at its Australian equities and trading division as part of a global effort to reduce headcount.
* Tianjin Rural Commercial Bank Co. Ltd. said Huang Weizhong, the company's president and executive director, will take over as chairman following the death of former Chairman Yin Jinbao.
* Lalit Menghnani resigned as nonexecutive independent director of Choice International Ltd., effective May 25.
* Khalid bin Abu Bakar retired as an independent nonexecutive director of Malaysia-based Apex Equity Holdings Bhd., effective May 28.
* Religare Enterprises Ltd. named Malay Kumar Sinha a nonexecutive independent director for a five-year term, effective May 28.
* The Reserve Bank of India reportedly appointed Sudha Balakrishnan the bank's first-ever CFO, effective May 15.
May 27
* Jammu & Kashmir Bank Ltd. promoted 10 officers to president from vice president and eight to vice president from assistant vice president.
* Yin Jinbao, chairman of Tianjin Rural Commercial Bank Co. Ltd., was reportedly found dead in his office on May 26.
May 26
* Dongxing Securities Co. Ltd. appointed Wang Yunquan a nonindependent director.
May 25
* Saigon Thuong Tin Commercial Joint Stock Bank, or Sacombank, named Nguyen Duc Thach Diem and Nguyen Van Huynh members of its board.
* Bank of Chongqing Co. Ltd. appointed Song Ming an independent nonexecutive director, effective May 25.
* Resona Holdings Inc. appointed Shoichi Iwanaga and Satoshi Fukuoka directors.
* China CITIC Bank Corp. Ltd.'s board approved the nomination of Fang Heying as an executive director.
* Deepak Mittal stepped down as managing director and CEO of Edelweiss Tokio Life Insurance Company Ltd.
* Wu Chun-lung was appointed COO of Yuanta Savings Bank Philippines Inc., effective May 25.
* Mito Securities Co. Ltd. nominated Katsunori Kobayashi a director on its board.
* India's Advik Capital Ltd appointed Rishabh Agarwal its new CFO, effective May 24.
* Pakistan's Trust Securities & Brokerage Ltd appointed Muhammad Ahmad CFO of the company.
* Max Financial Services Ltd. named Sahil Vachani a nonexecutive director, effective May 25.
* Thirdwave Financial Intermediaries Ltd appointed Vinay Kumar Agarwal its chairman and managing director, effective June 1.
* Fubon Bank (China) Co. Ltd. has appointed Chen Feng president and director.
May 24
* OSK Holdings Bhd. named Leong Keng Yuen an independent nonexecutive director, effective May 25.
* Orient Securities Co. Ltd. named Zhang Yi chairman of its board of supervisors.
* The China Banking and Insurance Regulatory Commission approved Haijiao Liu's election to ZhongAn Online P & C Insurance Co. Ltd.'s supervisory committee, effective May 14.
* India's government appointed Charan Singh part-time nonofficial director and nonexecutive chairman of Punjab & Sind Bank, effective May 23.
* The central government appointed Anajli Bansal nonexecutive chairman and a nonofficial director of India's Dena Bank.
* The Indian government appointed Tapan Ray part-time nonofficial director and nonexecutive chairman of Central Bank of India, effective May 23.
* Talbot Underwriting Ltd. has hired Kevin Lee to be construction underwriter for the company's Asia-Pacific business.
* Airtel Payments Bank Ltd. reportedly appointed Anubrata Biswas its managing director and CEO.
* Philippine National Bank appointed Joy Santos first vice president and officer in charge of the trust banking group, effective April 2.
* Australian Unity Ltd. reportedly appointed Matt Brown executive general manager for advice.
* China Merchants Bank Co. Ltd. named Li Menggang and Liu Qiao independent nonexecutive directors to its board.
* Lisa Sun will join AIG Insurance Co. China Ltd. as CEO.
* HSBC Holdings PLC appointed Stuart Milne CEO for Malaysia, effective May 24.
* UBS Group AG appointed Xuewen Bi and John Lee as joint heads of the group's Greater China business.
