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Moves through Sept. 28, Financials edition

S&P Global MarketIntelligence presents a weekly rundown of select executive management and otherpersonnel moves at Asian financial institutions. The news items are listed byannouncement dates in reverse chronological order.

Sept. 28

* IndiabullsHousing Finance Ltd. appointed Gyan Sudha Misra as an independent directorfor a term of two years, effective Sept. 29. Misra will replace Surinder SinghNijjar who stepped down Sept. 28.

* CreditSuisse Group AG appointed Tsuneaki Hirao as managing director and headof Private Banking Japan, Reuters reported.

* Nib HoldingsLtd. said Annette Carruthers is retiring as a director, effective Sept. 28.

* Anthony Miller, head of investment banking solutions in Asia-Pacificfor Goldman Sachs GroupInc., plans to leave the company, Bloomberg News reported, citing"people familiar with the matter."

* IMBLtd. appointed Noel Cornish as the company's chairman,replacing Michael Cole who will retire. In addition, Cathy Aston was appointed as anonexecutive director of the company and its subsidiaries following theretirement of Kieran Biddle.

* PhilippineBank of Communications appointed Raymond Co as senior vice president under thecorporate and commercial banking group, effective Oct. 3.

Sept. 27

* The Indian government appointed Ravindra Prabhakar Marathe as managingdirector and CEO of Bank ofMaharashtra, replacing Sushil Muhnot. In connectionwith the appointment, Marathe stepped down as executive director of .

* MetLifeInc.'s Japanese unit is looking to its headcount by offeringvoluntary retirement packages to about 4,800 nonsales personnel as part ofefforts to streamline its business, TheNikkei reported.

* The ReserveBank of New Zealand appointed Neil Quigley as chair of its board ofdirectors, effective Sept. 23. Kerrin Vautier was appointed as deputy chair,effective Sept. 26.

* Michael Smith, head of investment banking division inSoutheast Asia for Goldman Sachs Group will leave the company later in 2016, Reuters reported,citing "two people familiar with the matter."

* Oversea-Chinese Banking Corp. Ltd. Elaine Lam as head of globalcorporate banking, The Business Timesreported, citing a release from the bank. Lam replaces George Lee.

* Industrial& Commercial Bank of China Ltd. said Gu Shu was as president and vicechairman of the bank. Further, Gu Shu was nominated as an executive director,while Sheila Colleen Bair was nominated as an independent nonexecutive director.

* LakshmiVilas Bank Ltd. appointed Pankaj Vaish and Prakash Mallya as additionaldirectors in the category of nonexecutive independent .

* NationalDevelopment Bank Plc appointed Nihal Welikala as independent nonexecutivedirector.

Sept. 26

* KoreaDevelopment Bank made changes to its executive management team,including the appointment of Lee Dai-hyun as vice chairman and COO andthree executive directors. The changes are effective Sept. 28.

* BDO UnibankInc. said Teresita Susana Lim Yap as senior vice president andhead of institutional banking group - commercial banking (Luzon and Metro ManilaSouth), effective Oct. 1.

* TudorInvestment Corp. closed its Singapore trading desk followingstaff reductions inAugust, Bloomberg News reported, citing "people familiar with thematter." The firm had 10 people in Singapore prior to closing the tradingdesk, as per one of the sources.

* PhilippineSavings Bank appointed Francis Llanera as senior vice president for branchbanking group, effective Oct. 1.

* UnionBank ofthe Philippines appointed Hector De Leon as head of its trust operationswith the rank of vice president, effective Sept. 26.

* Bank ofAmerica Corp. will slash about 24 investment banking jobs in Asia startingthis week, Reuters reported, citing "people familiar with the matter."

* ShengjingBank Co. Ltd. said Zhang Yukun resigned as executive director and chairperson of thebank, effective Sept. 24.

* RizalCommercial Banking Corp. appointed Regino Magno as group head of business riskand Ana Luisa Lim as group head of operations risk, effective Oct. 1.

* Australia& New Zealand Banking Group Ltd. has its workforce in Singapore by about20% as part of its plan to restructure its business in the region, TODAY reported, citing a bank employee.

* IndiaInfoline Finance Ltd.'s board approved the of N. Srinivasan, a nomineeof CDC Group, as a nonexecutive director of India Infoline Finance. The boardalso appointed R. Venkataraman as a whole-time director for a period of threeyears. India Infoline Finance is a unit of IIFL Holdings Ltd.

Sept. 23

* Aspen Re has appointed Philip Hough managing director forAsia-Pacific. Hough, who joined Aspen Aspen Insurance Holdings Ltd. in November 2005, will bebased in Singapore.

* Goldman Sachs Group is planning to investment banking jobs in Asia,excluding Japan, amid lackluster activity in the region and increasingcompetition from local banks, Reuters and Bloomberg News reported.

* Hong LeongFinance Ltd. appointed Ang Tang Chor president, replacing IanMacDonald who will step down from the role. Kevin Hangchi was appointed asnonindependent and nonexecutive director. The changes are effective Oct. 1.

* PhilippineNational Bank appointed Modette Ines Carino acting president anddirector of unit PNB-IBJL Leasing and Finance Corp, effective Sept. 30.

* VietnamTechnological and Commercial Joint Stock Bank, or Techcombank,appointed Nguyen LeQuoc Anh as CEO.

Sept. 22

* Bank ofQueensland Ltd. appointed Warwick Negus as a nonexecutive director,effective Sept. 22. Negus replaces Neil Berkett, who resigned in May.

* PlatinumInvestment Management Ltd. appointed Anne Loveridge as nonexecutive director,effective Sept. 22. Loveridge replaced Margaret Towers who retired.

* HeritageBank Ltd. appointedRichard Claydon as its new manager of banking operations.

* BharatFinancial Inclusion Ltd. said S. Dilli Raj as president of thecompany, effective Sept. 21.

* Deutsche BankAG will shutter its Australian private banking arm as part of itsefforts to streamline operations, TheAustralian reported. The move will result in the of 15 jobs and affect three productofferings in Australia: advisory, lending and portfolio management.

* The Indian government three new members to theReserve Bank ofIndia's monetary policy committee, Reuters reported, citing astatement from the government's personnel ministry.