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Moves through Jan. 9, Financials edition


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Moves through Jan. 9, 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. 8

* Hong Kong-based China Investment Development Ltd. said Wan Tat Wai David resigned as a nonexecutive director of its board to focus on his other business engagements.

* The board of Hong Kong's China Financial International Investments Ltd. appointed Li Jie a nonexecutive director.

* PT Bank Mandiri (Persero) Tbk has appointed Riduan Ahmad director of commercial banking.

Jan. 7

* Bank of Guiyang Co. Ltd. said Ding Zhinan retired as an employee representative supervisor on its supervisory board.

* Standard Chartered PLC appointed Bingumal Thewarathanthri CEO of its Sri Lankan operations, effective Jan. 1.

* Credit Suisse Group AG has named Natt Thanomsat head of wealth management for Thailand, effective March 20.

* India's Axis Bank Ltd. appointed Rajiv Anand head of corporate banking and is said to have hired Pralay Mondal from Yes Bank Ltd.

* Song Shuguang has resigned as a supervisor on the board of Bank of Communications Co. Ltd.

* The board of India-based Bandhan Bank Ltd. appointed Anup Kumar Sinha part-time chairman and additional director.

* China Everbright Bank Co. Ltd. said Qiao Zhimin and Xie Rong resigned as independent nonexecutive directors of its board.

* New China Life Insurance Co. Ltd.'s chairman, Wan Feng, was said to be stepping down to join Shin Kong-HNA Life Insurance Co. Ltd.

Jan. 5

* China Pacific Insurance (Group) Co. Ltd. received regulatory approvals for the appointment of Deng Bin as chief investment officer, effective Dec. 29, 2018.

Jan. 4

* India's Oriental Bank of Commerce named Amit Srivastava its new chief risk officer, effective Jan. 3.

* Krishnamurthy Subramanian resigned as an independent director of Bandhan Bank, with effect from Dec. 23, 2018.

* Postal Savings Bank of China Co. Ltd. said that Lyu Jiajin stepped down as president and executive director.

* China's Jupai Holdings Ltd. said Liang Li has resigned as COO due to personal reasons. The company appointed Linda Wong to replace Li.

* Vineet Suri stepped down as an executive director on the board of India-based Prime Securities Ltd.

* IndusInd Bank Ltd. appointed Siraj Chaudhry an additional director to its board.

* Mitsui Sumitomo Insurance Co. Ltd. unit MSIG Hong Kong has appointed Philip Kent as CEO.

Jan. 3

* Morris Huang resigned as a director on the board of Taipei Fubon Commercial Bank Co. Ltd.

* Samsung Active Asset Management, a unit of Samsung Asset Management Co. Ltd. named its marketing executive director, Yang Jeong-won, its new CEO.

* The state government of Gujrat, India, nominated Kamlesh Patel a board director of Gujarat State Financial Corp.

* South Korea's DGB Financial Group Co. Ltd. has cancelled the nomination of Kang Myun-wook as CEO of unit DGB Asset Management Co. Ltd.

* The board of Tien Phong Commercial Joint Stock Bank appointed Truong Thi Hoang Lan deputy CEO.

* India's Manappuram Finance Ltd. appointed Executive Vice President Bindhu AL as CFO.

* Yashpal Gupta was named the new managing director and CEO of India-based Repco Home Finance Ltd.