The Rats are Jumping Off the Sinking Ship!... 450 Resignations from World Banks, Investment Houses and Money Funds

Submitted by SadInAmerica on Wed, 03/28/2012 - 7:58pm.



“Some big names on Wall Street are eager to step out of the spotlight after enduring years of financial-crisis turbulence and negative attention from politicians and protesters"... Peter Ressler, the chief exe. of RMG Search


450 and counting!

  1. 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
  2. 9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.
  3. 9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resigned
  4. 9/09/11 (US OR) Chief investment officer for the Oregon State Treasury  Ron Schmitz  resigns.
  5. 9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns
  6. 9/12/11 (US PAFirst Commonwealth Financial Corp, Exec. vice president/strategic resources  Thaddeus J. Clements  resigns
  7. 9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement
  8. 9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders.
  9. 9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns
  10. 9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy
  11. 9/19/11 (US MS)  COO of Parkway Properties (REIT)  William Flatt  Resigns
  12. 9/20/11 (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.
  13. 9/20/11 (JAPAN) BLife Investment Corporation (Diawa House Asset Management) Director Masaomi Yamadaira resigns
  14. 9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned
  15. 9/23/11 (Singapore) Executive board director  Rohit Bhagat has tendered his resignation to the board of BlackRock (Singapore) Limited and BlackRock Asset Management North Asia Limited.
  16. 9/25/11 (SWITZERLAND) UBS  CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
  17. 9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company
  18. 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
  19. 9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimerresigned.
  20. 9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns
  21. 9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiauresigned.
  22. 9/30/11 (ICELAND)  Alternate board member of Iceland State Financial Investments  Thórdís Bjarnadóttir resigns
  23. 10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011
  24. 10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India.
  25. 10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEOAlbert Mmegwa resigned.
  26. 10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.
  27. 10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
  28. 10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
  29. 10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaenewill give up his role on the board of Dexia’s Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.
  30. 10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm.
  31. 10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned.
  32. 10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.
  33. 10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.
  34. 10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.
  35. 10/13/11 (US OR)  MBank CEO  Rex Brittle  resigns
  36. 10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry’s Presidential campaign.
  37. 10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandezstepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.
  38. 10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following “outside interference” with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island’s industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]
  39. 10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.
  40. 10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
  41. 10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
  42. 10/26/11 (US VA) The Federal Home Loan Mortgage Corporation, CEO Charles E. Haldeman will retire in 2012
  43. 10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.
  44. 10/27/11(US WA) Pacific International Bank CEO  Woosung “Edward” Park abruptly resigns
  45. 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
  46. 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
  47. 10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns.
  48. 11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]
  49. 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)
  50. 11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.
  51. 11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
  52. 11/04/11 (SWITZERLAND)  Hyposwiss Private Bank Ltd., Director  Hans Bodmer resigns from the Board
  53. 11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits.
  54. 11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund
  55. 11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned.
  56. 11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned.
  57. 11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned.
  58. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
  59. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
  60. 11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghiresigned from the European Central Bank’s Executive Board.
  61. 11/11/11 (HONG KONG) Goldman Sachs’ Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
  62. 11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
  63. 11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.
  64. 11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.
  65. 11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning.
  66. 11/17/11 (INDIA)  Nomura India’s investment banking head  Nipun Goel  resigns
  67. 11/17/11 (INDIA)  Nomura India’s Capital market division head Indraneil Borkakoty resigns
  68. 11/17/11 (INDIA)  Nomura India’s executive director  Shubham Majumder   resigns
  69. 11/18/11 (US WA)  President and Chief Executive Officer of the Federal Home Loan Bank of Seattle  Steven R. Horton  retires
  70. 11/18/11 (US MD)  Legendary mutual fund manager  Bill Miller CIO of Legg Mason Capital Management and portfolio manager of LM Value Trust resigns
  71. 11/18/11 (ICELAND) Horn Invest hf., Director of the Board of Guðrún Ragnarsdóttirresigned
  72. 11/18/11 (ICELAND) CEO of Landsbankinn  Steinthór Pálsson  resigned from the Board of Horn Invest hf.
  73. 11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.
  74. 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
  75. 11/23/11 (GERMANY)  CEO of Clearstream Banking AG, Frankfurt  Andreas Wolf  resigns and leaves the boards of Clearstream International S.A., Luxembourg and Deutsche Börse Group
  76. 11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12
  77. 11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns.
  78. 11/28/11 (LATVIA) Latvia’s chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania’s Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender’s balance sheet were missing.
  79. 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
  80. 11/29/11 (NORWAY) Carnegie ASA’s co-head of investment banking in Norway, Cato Holmsen, has resigned
  81. 11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years.
  82. 11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas firedKazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country’s third-biggest deposit bank.
  83. 11/31/11 (AUSTRALIA) Commonwealth Bank CEO  Sir Ralph Norris  Australia’s highest-paid banker, quits
  84. 12/01/11 (SRI LANKA) Sri Lanka’s Securities and Exchange Commission (SEC) headIndrani Sugathadasa resigned.
  85. 12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement
  86. 12/03/11 (USA SC) South Carolina’s $25 billion pension fund chief investor Robert Borden resigned. Borden’s resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.
  87. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
  88. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO  Philip Butterfield retires
  89. 12/06/11 (USA ) Western Liberty Bancorp CFO George Rosenbaum has resigned.
  90. 12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonenresigned.
  91. 12/08/11 (INDIA) Nomura’s co-head of equity-linked solutions Neeraj Hora, resigns
  92. 12/09/11 (France) Executive board director of Kléline  Abdallah Hitti resigned. Kléline is an electronic banking arm of the Group BNP PARIBAS .
  93. 12/12/11 (Papua New Guinea) Bank South Pacific (BSP) chairman  Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
  94. 12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the “Fund”), Portfolio Manager Paul David Austin Clark resigned
  95. 12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year
  96. 12/14/11 (IRELAND) AfricanAlliance I’s portfolio manager  Paul David Austin Clark  resigns
  97. 12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
  98. 12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEOGlenn Squires has resigned
  99. 12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.
  100. 12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15
  101. 12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank’s Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.
  102. 12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.
  103. 12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.
  104. 12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank’s firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.
  105. 12/23/11 (USA VA)  Virginia National Bank (VNB) Chairman Mark Giles quits
  106. 12/23/11 (USA VA)  Virginia National Bank (VNB) Board Member Claire Gargalli quits
  107. 12/23/11 (USA VA)  Virginia National Bank (VNB) Board Member Leslie Disharoon quits
  108. 12/23/11 (USA VA)  Virginia National Bank (VNB) Board Member Neal Kassell quits
  109. 12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.
  110. 12/23/11 (US NV)  Chief financial officer of Western Liberty Bancorp George Rosenbaum resigns
  111. 12/31/11 (US CA)  Wells Fargo Senior EVP  Mark Oman  retires
  112. 1/01/12 (US FL) OptimumBank  Larry Willis  left the board shortly after he was re-elected at the company shareholder meeting.
  113. 1/01/12 (SINGAPORE)  Keppel’s group finance director  Teo Soon Hoe  resigns
  114. 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
  115. 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
  116. 1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors.
  117. 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
  118. 1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
  119. 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
  120. 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
  121. 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
  122. 1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O’Neill has resigned.
  123. 1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIBannounced retirement of CEO Nofal Barbar from its London office.
  124. 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
  125. 1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of StaffWilliam M. Daley resigned
  126. 1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires.
  127. 1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.
  128. 1/10/12 (LIECHTENSTIEN) LLB CEO and chairman Josef Fehr  resigned .
  129. 1/10/12 (US DC)  Fannie Mae (The Federal National Mortgage Association) Chief Executive  Michael J. Williams  resigns
  130. 1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June.
  131. 1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.
  132. 1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.
  133. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
  134. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
  135. 1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning
  136. 1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May.
  137. 1/16/12 (UAE)  Ajman Bank CEO  Mubashar Khokhar  resigns
  138. 1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.
  139. 1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires.
  140. 1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah’s purview.
  141. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.
  142. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.
  143. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned.
  144. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali Hassan Al Ali resigned.
  145. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned.
  146. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned.
  147. 1/18/12 (USA) Goldman Sachs co-heads of Goldman’s securities business David Hellerresigns.
  148. 1/18/12 (USA) Goldman Sachs co-heads of Goldman’s securities business Edward Eisler resigns.
  149. 1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forstresigns.
  150. 1/19/12 (UK) Santander, senior director Americas division Francisco Luzón is retiring with a pension pot of about €56m, a package whose generous size is expected to reignite controversy over bankers’ remuneration.
  151. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa’ Sabaa resigned from board of directors.
  152. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors.
  153. 1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
  154. 1/20/12 (SOUTH AFRICA) First National Bank’s sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on “special leave” for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action.  Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets.
  155. 1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management,Scott C. Evans resigned
  156. 1/20/12 (SOUTH AFRICA) South African deputy economic development ministerEnoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100-million of their pension fund money.
  157. 1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
  158. 1/21/12 (SINGAPORE) ANZ Asia’s private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking.
  159. 1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min KimResigns
  160. 1/22/12 (KENYA) National Bank of Kenya’s (NBK) managing director, Mr Reuben Marambii, will resign before year end.
  161. 1/23/12 (SOUTH AFRICA) The South Africa Private Equity and Venture Capital Association (SAVCA) CEO JP Fourie resigned
  162. 1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a director
  163. 1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Ki-moon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far.
  164. 1/25/12 (Papua New Guinea) Bank South Pacific (BSP) chairman  Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
  165. 1/25/12 (UK) SOFIA PROPERTY FUND LIMITEDGerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited (“Ardel”) where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company.
  166. 1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd)has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Mae’s loan data. and and
  167. 1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugdenresigned.
  168. 1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interests
  169. 1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officerHappy Ntshingila, will be taking up an “exciting position” outside banking
  170. 1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April after a 10-year career at the bank.
  171. 1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resigned
  172. 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
  173. 1/29/12 (UAE) NBD, Emirates ‘s investment banking division CEO Suresh Kumar is leaving the bank
  174. 1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COOAndrew Graham steps down
  175. 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
  176. 2/01/12 (US CT)  President and CEO of the First National Bank of Suffield  George W. Hermann  resigns
  177. 2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns.
  178. 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
  179. 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
  180. 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
  181. 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
  182. 2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beeneresigned.
  183. 2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors’ money to buy cars and watches.
  184. 2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned.
  185. 2/03/12 (VIETNAM)  VinaCapital Vietnam Opportunity Fund Limited’s director  Horst Geicke  resigns
  186. 2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive Director Horst Geicke has resigned.
  187. 2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.
  188. 2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
  189. 2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
  190. 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
  191. 2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City.
  192. 2/06/12 (CANADA)  Director of Sprott Inc.  Mark McCain  resigns
  193. 2/07/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
  194. 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
  195. 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
  196. 2/07/12 (UK) Agneash Soft Commodities PLC, an investment company in mineral, announced resignation of its Chief Investment Officer  Tom Winnifrith .
  197. 2/07/12 (US NY) BlackRock, General counsel Robert P. Connolly  leaves
  198. 2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd – Resignation of Group SecretaryLoren Wulfsohn
  199. 2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zailaunched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake.
  200. 2/08/12 (UAE) Emirates NBD makes top-level changes Bank’s deputy chief executive officer Abdul Wahed Al Fahim has resigned.
  201. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 62 year oldMonsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials.
  202. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 49 year oldFather Don Salvatore Palumbo of the socially popular parish of San Gaetano
  203. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 37 year oldFather Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR
  204. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka “Vatican Bank”), 85 year oldFather Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the “Don of Cash”.
  205. 2/09/12 (IRELAND) SPL Investment Funds’s director John Davey discharged
  206. 2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
  207. 2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resigned
  208. 2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO.
  209. 2/10/12 (NIGERIA)  Peace Capital Market Limited Managing Director Sabinus Iroanya Chukwu  resigns
  210. 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
  211. 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
  212. 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
  213. 2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firm’s top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.
  214. 2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011.
  215. 2/13/12 (US PA) AmerisourceBergen CFO Michael DiCandilo Abruptly Leaves.
  216. 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
  217. 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
  218. 2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Razaresigned
  219. 2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.
  220. 2/15/12 (SOUTH AFRICA) HPA – Hospitality Property Fund Limited, chairman Frank Berkeley resigned.
  221. 2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilletoresigned
  222. 2/15/12 (WORLD) World Bank CEO Zoellick resigns Did the White House tell the World Bank president that he’s out?
  223. 2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring.
  224. 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
  225. 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
  226. 2/16/12(CHINA)  Goldman Sachs Vice Chairman in Asia Pacific excluding Japan   Mark Machin  steps down
  227. 2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned.
  228. 2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions.
  229. 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
  230. 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
  231. 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
  232. 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
  233. 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
  234. 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
  235. 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
  236. 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resigns
  237. 2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40.
  238. 2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Razaresigns
  239. 2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer
  240. 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
  241. 2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned..
  242. 2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30
  243. 2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees.
  244. 2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns
  245. 2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public.
  246. 2/20/12 (IRELAND) SPL Investment Funds’s director  Mike Kirby  resigns
  247. 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
  248. 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
  249. 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
  250. 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
  251. 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
  252. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns conflict of interest with director seat on unknown bank
  253. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns conflict of interest with director seat on unknown bank
  254. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns conflict of interest with director seat on unknown bank
  255. 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns conflict of interest with director seat on unknown bank
  256. 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns conflict of interest with director seat on Eastland Insurance Company Limited
  257. 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.
  258. 2/22/12 (US CA)  PIMCO, Chairman of the board Vernon Wright  resigned from the world’s biggest bond fund.
  259. 2/22/12 (US CA)  PIMCO board member Gregg Silver resigned from the world’s biggest bond fund.
  260. 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
  261. 2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund’s CEO John Stuartto resign
  262. 2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
  263. 2/22/12 (UK) UBS AG’s (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland’s biggest bank after 25 years at the firm.
  264. 2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications.
  265. 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
  266. 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
  267. 2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirbyresigns for business reasons.
  268. 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
  269. 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
  270. 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
  271. 2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down
  272. 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
  273. 2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation.
  274. 2/25/2012 (LUXEMBOURG)  European Investment Bank, director of the Board  Sigmund Lubanski  resigns
  275. 2/27/12 (GERMANY) Deutsche Bank Americas chief  Seth Waugh steps down
  276. 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
  277. 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
  278. 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
  279. 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
  280. 2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps down
  281. 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
  282. 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
  283. 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
  284. 2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned.
  285. 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
  286. 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
  287. 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
  288. 2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
  289. 2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
  290. 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
  291. 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
  292. 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
  293. 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
  294. 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
  295. 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
  296. 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
  297. 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
  298. 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
  299. 2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee. http://
  300. 3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
  301. 3/01/12 (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.
  302. 3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lesterquits
  303. 3/01/12 (USA NY) 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
  304. 3/01/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
  305. 3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
  306. 3/01/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its directorGunnar Andersen
  307. 3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officerBrad Child will retire
  308. 3/02/12 (USA NC) North Carolina Retirement Systems, Chief investment officer Shawn Wischmeier  resigned.
  309. 3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quits
  310. 3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
  311. 3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
  312. 3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpaiforced to resign
  313. 3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
  314. 3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman
  315. 3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
  316. 3/03/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferi
  317. 3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home  ⑆44541444⑈ and and
  318. 3/04/12 (KOREA)  Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
  319. 3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits
  320. 3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
  321. 3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
  322. 3/05/12 (UK) Jupiter fund co-manager John Hamilton steps down
  323. 3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
  324. 3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
  325. 3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down.
  326. 3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years.
  327. 3/06/12 (FRANCE) Blackstone Group’s Paris office leader Jean-Michel Steg will step down
  328. 3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director
  329. 3/06/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive directorRohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
  330. 3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring.
  331. 3/06/12 (USA PA)  USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.
  332. 3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
  333. 3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenighas resigned from the board.
  334. 3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Risk Officer Hugo Baenzigeri to resign
  335. 3/07/12 (GERMANY) Deutsche Bank AG’s (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
  336. 3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO
  337. 3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
  338. 3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
  339. 3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board
  340. 3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board
  341. 3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board
  342. 3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
  343. 3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
  344. 3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
  345. 3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs
  347. 3/07/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Banking
  348. 3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operator
  349. 3/07/12 (USA CA) CALSTRS, Pascal Villigersenior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resigns
  350. 3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tune
  351. 3/08/12 (UK)  Schroders, Chairman  Michael Miles  depart as fees, inflows drop. UK’s biggest fund management firm.
  352. 3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down
  353. 3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe
  354. 3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years
  355. 3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket]
  356. 3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this year
  357. 3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned.
  358. 3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer’s decision. Treasury officials said he even canceled his participation in the office’s annual Purim party in order to convince Fischer to reverse his decision.
  359. 3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires.
  360. 3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires.
  361. 3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament.
  362. 3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund – the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.
  363. 3/09/12 (Côte d’Ivoire) Banque Central des Etats d’Afrique de l’Ouest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post.
  364. 3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis.
  365. 3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguyresigned.
  366. 3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down.
  367. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resigned
  368. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned.
  369. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned.
  370. 3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank.
  371. 3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns.
  372. 3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank.
  373. 3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit.
  374. 3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wenresigned.
  375. 3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.
  376. 3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
  377. 3/12/12 (USA CA) California’s Department of Financial Institutions, commissionerWilliam Haraf resigned. The DFI did not say why he is leaving.
  378. 3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
  379. 3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.
  380. 3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
  381. 3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.
  382. 3/12/12 (UK) Park Hill Group – Blackstone Group’s fundraising advisory arm, Managing Partner of private equity and hedge fund distribution Chris Leach resigns
  383. 3/12/12 (UK) Park Hill Group – Blackstone Group’s fundraising advisory arm, Managing Partner Justin Bower resigns
  384. 3/12/12 (UK)  The chief executive David Rutter of the electronic broking business at interdealer broker Icap stepping down.
  385. 3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
  386. 3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
  387. 3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
  388. 3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down.
  389. 3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fayhas resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the options-market operator’s oversight of traders.
  390. 3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step down
  391. 3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls “other interests.”
  392. 3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resigned
  393. 3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank.
  394. 3/13/12 (UK) Capula’s Systemic Trading Head Qiang Dai to Leave Fund
  395. 3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months.
  396. 3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestlé SA owns 58.8% of Osem.
  397. 3/13/12 (USA) Paulson & Co.’s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fund
  398. 3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australia’s main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nation’s sovereign-wealth funds.
  399. 3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm.
  400. 3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.
  401. 3/13/12 (UK) SVG Director Edgar Koning retires.
  402. 3/13/12 (UK) SVG Director Denis Raeburn retires.
  403. 3/13/12 (UK) SVG Director Francis Finlay retires.
  404. 3/14/12 (UK) Goldmand Sachs, executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.
  405. 3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire
  406. 3/14/12 (UK)  WorldSpreads, CEO Conor Foley  resigns
  407. 3/15/12 (US WA) HomeStreet Bank, EVP and CFO  David Hooston  resigns
  408. 3/15/12 (DENMARK)  Sparekassen Faaborg board member  Steen Grønved Nielsen  resigns
  409. 3/15/12 (UK)  RBC Capital Markets head of SSA syndicate desk Noel Williams  resigns
  410. 3/15/12 (UK)  Novia London sales manager Dave Chassell  quits
  411. 3/15/12 (US CA)  Prosper Finance (online venture captial services) CEO  Chris Larsen  steps down
  412. 3/15/12 (UK)  The Royal British Legion’s (fund) director of corp. communications  Stuart Gendall  resigns
  413. 3/15/12 (IRELAND)  President of Sinn Fein USA (fund)  Larry Downes  steps down
  414. 3/16/12 (AUSTRALIA)  Investorfirst CFO and company secretary  Ariel Sivikofsky resigns
  415. 3/16/12 (MALAYSIA)  Amanah Raya Bhd (trust) managing director  Datuk Ahmad Rodzi Pawanteh  steps down
  416. 3/16/12 (UK) Towry (investment & fin. advice)  Non-exec chairman Glyn Jones steps down
  417. 3/16/12 (GERMANY)  Deutsche Bank Chief risk officer (CRO)of  Hugo Bänziger  steps down
  418. 3/16/12 (US IL)  Henderson Global Investors Inc. head of the International Opportunities Fund  Iain Clark  steps down
  419. 3/16/12 (US CA)  Executive VP and Chief Compliance Officer of Heritage Bank of Commerce  Margaret Incandela  resigns
  420. 3/16/12 (US VA)  Genworth Financial board member  J. Robert Kerrey  resigns to campaign for senate seat
  421. 3/16/12 (UK)  CEO of the FSA (Financial Services Authority)  Hector Sants  to leave>
  422. 3/19/12 (US IA)  ISU Foundation (fund), President and CEO of the  Dan Saftig  to step down
  423. 3/19/12 (BRAZIL)  HSBC Brazil CEO Conrado Engel  steps down
  424. 3/19/12 (UAE)  Finance head at SNR Denton Islamic  Sheikh Muddassir Siddiqui  resignsto pursue advisory role
  425. 3/19/12 (SWITZERLAND)  Julius Baer bank’s chairman  Raymond Baer  steps down in a “surprise departure”
  426. 3/19/12 (GERMANY) Deutsche Bank, asset management chief  Kevin Parker  to leave executive committee
  427. 3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee
  428. 3/19/12 (HONG KONG)  China Development Bank HK branch CEO  Di Weiping  retires
  429. 3/19/12 (US ID)  SunTrust Bank president and CEO  Thomas Rueger  to retire
  430. 3/19/12 (SWEDEN)  AP6 (private equity) CEO  Marianne Dicander Alexandersson steps down
  431. 3/19/12 (SWITZERLAND)  FINMA (Swiss Financial Market Supervisory Authority)  Vice-chair Monica Mächler  to step down
  432. 3/20/12 (KUWAIT)  National Investments Co. chairman  Yousef Al Majid  resigns
  433. 3/20/12 (UK)  Bank of America, Co-head of distressed debt at  Michael Guy  resigns
  434. 3/20/12 (US PA)  Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board
  435. 3/20/12 (US TX)  Acquisition chief Dan Magder  quits Lone Star Investments
  436. 3/20/12 (NIGERIA)  Chairman of House Committee on Capital Markets  Hon. Herman Hembe  resigns due to allegations of bribery
  437. 3/20/12 (Hong Kong)  Head of Deutsche Bank Asia-Pac  Loh Boon Chye quits
  438. 3/20/12 (US NY)  Deutsche Bank, head of asset management  Kevin Parker  steps down from executive committee
  439. 3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO  Josef Ackermann exits withpension of €18.7 million
  440. 3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London.
  441. 3/21/12 (GERMANY)  Deutsche Bank AG, Co-head Wolfgang Hammes  leaves
  442. 3/21/12 (UK)  Aviva Investor’s European equity head  John Botham  exits
  443. 3/21/12 (CANADA)  National Bank’s Ontaria, Atlantic region manager  Mike Miller leaves
  444. 3/21/12 (UK)  Royal Bank of Scotland Group’s global head of equity prime services  Gregory Wagner  resigns
  445. 3/21/12 (US DC)  Liquidity Services Inc, Chief information officer Eric Dean  resigns
  446. 3/22/12 (UK)  Global equity head Neil Rogan  resigns from Henderson Global Investors
  447. 3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund  Bert Tibben  step down
  448. 3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS
  449. 3/22/12 (UK) Bank of America Corp, Jonathan Moulds steps down, helped build the bank’s over-the-counter derivatives trading business and held positions including global head of rate derivatives trading, head of global derivatives and head of global rates and commodities.
  450. 3/25/12 (EGYPT) National Bank of Egypt, CEO Tarek Amer said that he will step down from his position at the end of 2012.


UPDATE 3/25/12, Thanks to my assistant Sophie we have another update for you. I’ll try to get this out twice a week or at least once a week. The trend is still strong it seems.  Gabriel at is tracking Insurance, Government and Healthcare Resignations.

March 26, 2012 - PoliticalVelCraft

Tag this page!
Submitted by SadInAmerica on Wed, 03/28/2012 - 7:58pm.


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