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116 RESIGNATIONS FROM WORLD BANKS 3/2/12
American Kubuki
Updated 3/5/12 removed duplication for Elaf bank, added 3 more resignations.
Updated 3/3/12 Added named anchor to quickly access end of list.
Recent updates 3/2/12: More resignations, removed Kenya Central Bank Governor as he is under pressure to resign but has not officially done so, same goes with the Ugandan Central Bank Governor. Added additional information on Vatican Bank (IOR).
Changed shortened URLs from cli.gs to goo.gl to avoid the annoying middle landing pad web page.
I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors.
Click here to scroll to latest additions to list, then scroll up.
- 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
- 09/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
- 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
- 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
- 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
- 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
- 11/01/11 (INDIA) More directors of the Beed district bank resign
- 11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
- 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
- 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
- 12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
- 12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
- 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
- 12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB
- 12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB
- 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
- 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
- 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
- 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
- 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
- 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
- 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
- 1/19/12 (SPAIN) Spanish bank Santander's Americas chief Francisco Luzon quits
- 1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
- 1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits
- 1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits
- 1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
- 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
- 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
- 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
- 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
- 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
- 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
- 2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit
- 2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
- 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
- 2/7/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires
- 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
- 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
- 2/09/12 (VATICAN) Institute for the Works of Religion (IOR) Four Priests (names were not disclosed) charged In Vatican Banking Scandal. CEO Paolo Cipriani and bank president Ettore Gotti Tedeschi (a member of Opus Dei) are under investigation.
- 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
- 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
- 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
- 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
- 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
- 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
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2/15/12 (WORLD) World Bank CEO Zoellick resigns
Did the White House tell the World Bank president that he's out?
- 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
- 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
- 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
- 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
- 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
- 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
- 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
- 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
- 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
- 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
- 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
- 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
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2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns
http://goo.gl/G0woP
- 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
- 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
- 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
- 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
- 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
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2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
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2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
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2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
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2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
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2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
- 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
- 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
- 2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
- 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
- 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
- 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
- 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
- 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
- 2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
- 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
- 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
- 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
- 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
- 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
- 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
- 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
- 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
- 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
- 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
- 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
- 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
- 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
- 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
- 2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits
- 2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.
- 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
- 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
- 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
- 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
- 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
- 2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
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2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
http://goo.gl/n6uoM
- 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
- 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
- 3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
- 3/1/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.
- 3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
- 3/1/12 (USA) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets
- 3/1/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
- 3/2/12 (CHINA) China Construction Bank Corp, the assistant general manager and head of corporate banking Mickey Mehta quits
- 3/2/12 (USA) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
- 3/2/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
- 3/2/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
- 3/2/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
- 3/2/12 (USA) Citigroup Richard Parsons to step down as chairman
- 3/3/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
- 3/4/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
- 3/4/12 (USA) JP Morgan prop trading chief Mike Stewart quits
█▓▒░ End of list as of 3/3/12 ░▒▓█
Addendum:
It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don't know their reputations except for a few rather famous ones.
This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).
http://americankabuki.blogspot.com/2012/03/115-resignations-from-world-banks.html