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116 RESIGNATIONS FROM WORLD BANKS 3/2/12

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American Kubuki

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March 5, 2012

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.

  1. 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP

    http://goo.gl/NdW7q

  2. 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.

    http://goo.gl/Dx8qs

  3. 9/25/11 (SWITZERLAND) UBS  CEO Oswald Gruebel quits over £1.5bn rogue trader crisis

    http://goo.gl/WCeqB

  4. 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012

    http://goo.gl/7dNiD

  5. 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns

    http://goo.gl/fdd9v

  6. 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns

    http://goo.gl/yWX9R

  7. 11/01/11 (INDIA) More directors of the Beed district bank resign

    http://goo.gl/HD8BQ

  8. 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)

    http://goo.gl/3L9gE

  9. 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign

    http://goo.gl/OiDiq

  10. 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank

    http://goo.gl/XncOc

  11. 12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]

    http://goo.gl/ANN5B

  12. 12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB

    http://goo.gl/dFDpH

  13. 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB

    http://goo.gl/kowkW

  14. 12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB

    http://goo.gl/kstLp

  15. 12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB

    http://goo.gl/NrrPZ

  16. 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns

    http://goo.gl/b6AoA

  17. 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years

    http://goo.gl/xwlFt

  18. 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down

    http://goo.gl/joExI

  19. 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board

    http://goo.gl/SKE7j

  20. 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.

    http://goo.gl/bzZtQ

  21. 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down

    http://goo.gl/zvo1L

  22. 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns

    http://goo.gl/5qsUu

  23. 1/19/12 (SPAIN) Spanish bank Santander's Americas chief Francisco Luzon quits

    http://goo.gl/jEY7Y

  24. 1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down

    http://goo.gl/sdY1p

  25. 1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits

    http://goo.gl/6FuWe

  26. 1/21/12 (Greece)  Institute of International Finance negotiator Charles Dallara quits

    http://goo.gl/NbPlt

  27. 1/21/12 (Greece)  Institute of International Finance negotiator Jean Lemierre quits

    http://goo.gl/E3AkE

  28. 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down

    http://goo.gl/BwUgv

  29. 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood

    http://goo.gl/CoLVS

  30. 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns

    http://goo.gl/IP8nH

  31. 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits

    http://goo.gl/OqRVo

  32. 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February

    http://goo.gl/vjO5M

  33. 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption

    http://goo.gl/bb5sh

  34. 2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit

    http://goo.gl/pG2jF

  35. 2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit

    http://goo.gl/bRv9K

  36. 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:

    http://goo.gl/OhCEb

  37. 2/7/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires

    http://goo.gl/i7AUY

  38. 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits

    http://goo.gl/fP03J

  39. 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)

    http://goo.gl/PiQSy

  40. 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.

    http://goo.gl/tW8Sj

  41. 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits

    http://goo.gl/8BuXy

  42. 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down

    http://goo.gl/DBKdc

  43. 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns

    http://goo.gl/wMl5g

  44. 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns

    http://goo.gl/GFvIy

  45. 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns

    http://goo.gl/iQ0n8

  46. 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank

    http://goo.gl/uHp6C

  47. 2/15/12 (WORLD) World Bank CEO Zoellick resigns

    http://goo.gl/dHDSm

    Did the White House tell the World Bank president that he's out?

    http://goo.gl/wUOgb

  48. 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns

    http://goo.gl/SNsVI

  49. 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns

    http://goo.gl/TyYiJ

  50. 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down

    http://goo.gl/yT6rS

  51. 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down

    http://goo.gl/c7PtU

  52. 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits

    http://goo.gl/CtmOU

  53. 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns

    http://goo.gl/I7Alo

  54. 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested

    http://goo.gl/WczHh

  55. 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested

    http://goo.gl/I7Alo

  56. 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested

    http://goo.gl/I7Alo

  57. 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns

    http://goo.gl/4r16D

  58. 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer

    http://goo.gl/UjpzD

  59. 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns

    http://goo.gl/1n1Nr

  60. 2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns 

    http://goo.gl/G0woP

  61. 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down

    http://goo.gl/Unuez

  62. 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns

    http://goo.gl/F5twL

  63. 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns

    http://goo.gl/aA0RW

  64. 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits

    http://goo.gl/6Dj0i

  65. 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns

    http://goo.gl/DuMrm

  66. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns

    conflict of interest with director seat on unknown bank

    http://goo.gl/aEmwB

  67. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns

    conflict of interest with director seat on unknown bank

    http://goo.gl/aEmwB

  68. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns

    conflict of interest with director seat on unknown bank

    http://goo.gl/aEmwB

  69. 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns

    conflict of interest with director seat on unknown bank

    http://goo.gl/aEmwB

  70. 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns

    conflict of interest with director seat on Eastland Insurance Company Limited

    http://goo.gl/aEmwB

  71. 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.

    http://goo.gl/Z1rnw

  72. 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits

    http://goo.gl/ppKno

  73. 2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire

    http://goo.gl/x4Zsr

  74. 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank

    http://goo.gl/DTL5S

  75. 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.

    http://goo.gl/KoEUI

  76. 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns

    http://goo.gl/5eUqU

  77. 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns

    http://goo.gl/JIC9A

  78. 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns

    http://goo.gl/6UJau

  79. 2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down

    http://goo.gl/n5RLY

  80. 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits

    http://goo.gl/nMTLW

  81. 2/27/12 (GERMANY) Deutsche Bank Americas chief  Seth Waugh steps down

    http://goo.gl/8lxSw

  82. 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits

    http://goo.gl/yKjzL

  83. 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down

    http://goo.gl/IJ5Lw

  84. 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns

    http://goo.gl/eVCS5

  85. 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits

    http://goo.gl/pTbII

  86. 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down

    http://goo.gl/Q0dWR

  87. 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns

    http://goo.gl/hhHSm

  88. 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!

    http://goo.gl/DDEUk

  89. 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns

    http://goo.gl/ZD0mc

  90. 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down

    http://goo.gl/dsXcE

  91. 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits

    http://goo.gl/Uo800

  92. 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits

    http://goo.gl/26MYq

  93. 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons

    http://goo.gl/NDJze

  94. 2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits

    http://goo.gl/cRkCP

  95. 2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.

    http://goo.gl/1rCWd

  96. 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits

    http://goo.gl/HIYXv

  97. 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft

    http://goo.gl/ggPvq

  98. 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires

    http://goo.gl/YxvNA

  99. 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns

    http://goo.gl/F0UgN

  100. 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate

    http://goo.gl/7aLRU

  101. 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

    http://goo.gl/LkJhV

  102. 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns

    http://goo.gl/n6uoM

  103. 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down

    http://goo.gl/Jh9jd

  104. 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down

    http://goo.gl/014or

  105. 3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits

    http://goo.gl/wACrI

  106. 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.

    http://goo.gl/3llyT

  107. 3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits

    http://goo.gl/nA8g9

  108. 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

    http://goo.gl/SI7kT

  109. 3/1/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires

    http://goo.gl/uEqDV

  110. 3/2/12 (CHINA) China Construction Bank Corp, the assistant general manager and head of corporate banking Mickey Mehta quits

    http://goo.gl/B9dR0

  111. 3/2/12 (USA) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.

    http://goo.gl/8kZuc

  112. 3/2/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.

    http://goo.gl/ZEUwf

  113. 3/2/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign

    http://goo.gl/npBe2

  114. 3/2/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns

    http://goo.gl/wFSV8

  115. 3/2/12 (USA) Citigroup Richard Parsons to step down as chairman

    http://goo.gl/BhZ0F

  116. 3/3/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended

    http://goo.gl/w99tD

  117. 3/4/12 (KOREA)  Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns

    http://goo.gl/fmNxY

  118. 3/4/12 (USA) JP Morgan prop trading chief Mike Stewart quits

    http://goo.gl/gubPj

█▓▒░   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

 

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