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Board moves through June 9


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Board moves through June 9

S&P Global Market Intelligence presents an overview of board changes at European financial institutions. The changes are listed by announcement date in reverse chronological order.

June 9

* Hoist Finance AB (publ) nominated outgoing CEO Jörgen Olsson to serve as deputy chairman. Olsson will step down as CEO once a successor is identified.

June 8

* Stavros Koukos resigned as nonexecutive member of National Bank of Greece SA's board of directors. He was reappointed to the board as observer employee representative.

* Bank Pekao SA has replaced its entire supervisory board, appointing nine new members, news agency PAP reported. The bank's shareholders dismissed Chairman Jerzy Woznicki, as well as members Leszek Pawlowicz, Dariusz Filar and Katarzyna Majchrzak. Gianni Papa, Massimiliano Fossati, Laura Stefania Penna and Doris Tomanek left of their own accord. The new board includes Pawel Surówka, the CEO of PZU SA, which together with Polish development fund PFR recently completed the purchase of a 32.8% stake in the bank from UniCredit SpA, as well as Pawel Stopczynski, Grzegorz Janas, Michal Kaszynski, Justyna Glebikowska-Michalak, Joanna Blaszczyk, Stanislaw Kaczoruk, Sabina Bigos-Jaworowska and Marian Majcher.

June 7

* Paola Girdinio resigned from Banca Carige SpA's board with immediate effect. Meanwhile, Carige's board on June 9 approved a no-confidence vote against CEO Guido Bastianini.

* Türkiye Sinai Kalkinma Bankasi AS announced the resignation of Fikret Utku Ozdemir from its board, effective immediately. Mehmet Sencan has been appointed to the board to take Ozdemir's place. Sencan will also serve as vice chairman of the board of directors.

June 6

* Raiffeisen Schweiz Genossenschaft has nominated Laurence de la Serna, CEO of turbine manufacturer Jean Gallay SA, and Pascal Gantenbein, professor of financial management and dean at the University of Basel, as additional members of the board of directors. The bank will vote on the nominees at its delegate assembly June 17.

June 5

* Credit Suisse Group AG appointed Cory Rapkin as vice chairman in the healthcare group of its investment banking and capital markets division, effective early September, Reuters reported. Rapkin, who has previously served at JPMorgan Chase & Co., will be based in New York and will work with David Kostel and Steve Schwartz.