American Kabuki
109 RESIGNATIONS FROM WORLD BANKS 3/1/12
UPDATED 3/2/12
MOST RECENT VERSION OF LIST CAN BE FOUND HERE:
https://americankabuki.blogspot.com/2012/03/115-resignations-from-world-banks.html
UPDATED 3/01/12
Removed duplicate entry for Nomura, added 2 more resignations. Updated links to Sri Lanka and Ukraine to better web sites (thanks to Rockingjude for links). Changed text URLs to be active URLs. Fixed year on dates before January (thanks Angie! arrghh dyslexia strikes again! keeps me humble)
UPDATED 2/29/12
Note: I have extensively edited this list, re-verified links, shortened URLs to make this list more readable. Its grown very rapidly over the past week and was getting unwieldy in its prior form. In some cases certain middle eastern bankers and European private bankers have managed to have their names removed from smaller blogs and news sites so I have updated those cases to larger news organizations less likely to bow to pressure. At the time of this posting all URLs listed work, I do not guarantee they always will. I have also added missing names (in bold) and those URLSs where more than one person was resigning I expanded the item to have one line each, since everyone who copies this to their blogs (wow did this spread far and wide!) views each instance as one banker resigning I thought I’d make this listing more reflect that viewpoint. I do not know under what circumstances these individuals have left their positions, I make no judgement on that. I just find the timing of so many resignations extremely curious and a bit of temporal marker in history of very 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. I don’t mind if you re-blog this listing, information wants to fly free, just do me a favor of including https://americankabuki.blogspot.com and this header when you do so. Save yourself the wear and tear on your karma. Thanks Kauilapele for the heads up on the broken links.
109 RESIGNATIONS FROM WORLD BANKS:
- 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
https://cli.gs/x80u7sk - 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.
https://cli.gs/le7qon2 - 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
https://cli.gs/rn0tgj
- 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
https://cli.gs/9wpeq0q - 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
https://cli.gs/b14tv6l - 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
https://cli.gs/b14tv6l - 11/01/11 (INDIA) More directors of the Beed district bank resign
https://cli.gs/67gb6d - 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)
https://cli.gs/xg4snc1 - 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
https://cli.gs/gdm988q - 12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
https://cli.gs/icg7w7 - 12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
https://cli.gs/n9mabhs - 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
https://cli.gs/n9mabhs - 12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNB
http://cli.gs/n9mabhs - 12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNB
https://cli.gs/n9mabhs - 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
https://cli.gs/1el9169 - 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
https://cli.gs/6unkmlf - 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
https://cli.gs/wwcyl71 - 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
https://cli.gs/guoevyf - 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
https://cli.gs/x53cg1d - 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
https://cli.gs/m9vec4y - 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
https://cli.gs/s17bvj - 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief Francisco Luzon quits
https://cli.gs/5greru - 1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
https://cli.gs/5b79fbd - 1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
https://cli.gs/x3hhykp - 1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits https://cli.gs/iq071x
- 1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
https://cli.gs/iq071x - 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
https://cli.gs/11fnco2 - 2/01/12 (SOUTH AFRICA) ABSA [Barclay’s Bank] deputy CEO Louis von Zeuner resigns
https://cli.gs/ilk3bw0 - 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
https://cli.gs/6brhb0 - 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
https://cli.gs/vodr08j - 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
https://cli.gs/6p4qud9 - 2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
https://cli.gs/3ww27st - 2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
https://cli.gs/3ww27st - 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
https://cli.gs/0t4ba4 - 2/7/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
https://cli.gs/y5spl4b - 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
https://cli.gs/dfnp5ph - 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
https://cli.gs/70dbtnx - 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)
https://cli.gs/ttahvxk - 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
https://cli.gs/b672wx - 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
https://cli.gs/vr0sjf - 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
https://cli.gs/c93mgy8 - 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
https://cli.gs/wcw6ff - 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
https://cli.gs/q5xaopa - 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
https://cli.gs/r69lqgu - 2/15/12 (WORLD) World Bank CEO Zoellick resigns
https://cli.gs/72fyiup
Did the White House tell the World Bank president that he’s out?
https://cli.gs/ilii9a1 - 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
https://cli.gs/6olxu5w - 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
https://cli.gs/6olxu5w - 2/15/12 (KENYA) Govenor of Kenyan Central Bank Njuguna Ndung’u
to Resign
https://cli.gs/bau9sue - 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
https://cli.gs/4nkoven - 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
https://cli.gs/89k57un - 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
https://cli.gs/an8tv23 - 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
https://cli.gs/twoigu - 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
https://cli.gs/nnlsmn3 - 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
https://cli.gs/nnlsmn3 - 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
https://cli.gs/nnlsmn3 - 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
https://cli.gs/0d5ess - 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
https://cli.gs/odkdp4r - 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns https://cli.gs/sa7djft
- 2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns https://cli.gs/ejjk61c
- 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
https://cli.gs/92eda1a - 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
https://cli.gs/xujb5lv - 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
https://cli.gs/hogcc - 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank
https://cli.gs/k8jfru9 - 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
https://cli.gs/2bmr72 - 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
https://cli.gs/kik1ddd - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
https://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
https://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
https://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
https://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
https://cli.gs/a7vvmb2 - 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.
https://cli.gs/uf759ex - 2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
https://cli.gs/ikvo80v - 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
https://cli.gs/eq6pqbo - 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns. https://cli.gs/auxu10f
- 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
https://cli.gs/ege43r2 - 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
https://cli.gs/li9sab1 - 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
https://cli.gs/5u9i14e - 2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
https://cli.gs/wnxafp9 - 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
https://cli.gs/7totmju - 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
https://cli.gs/5clft6j - 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
https://cli.gs/wgyujp - 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
https://cli.gs/rk0scap - 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
https://cli.gs/52f6qqn - 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
https://cli.gs/kmjfmq - 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
https://cli.gs/rj2jp2b - 2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
https://cli.gs/ci9s3fy - 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns – Flees to Canada!
https://cli.gs/iodk071 - 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
https://cli.gs/yi5c66 - 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
https://cli.gs/n50yxmw - 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
https://cli.gs/wr3rgye - 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
https://cli.gs/exrndtm - 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
https://cli.gs/kkbp2bl - 2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
https://cli.gs/yrklslj - 2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
https://cli.gs/35yjxi0 - 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
https://cli.gs/o6b5mo3 - 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
https://cli.gs/x2t1wsm - 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
https://cli.gs/9txnhn - 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
https://cli.gs/5d8qhmo - 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
https://cli.gs/t9tts63 - 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
https://cli.gs/c86fbl0 - 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
https://cli.gs/atner3 - 2/28/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
https://cli.gs/qk29c6c - 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
https://cli.gs/kmqsson - 3/1/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
https://cli.gs/e90q145 - 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.https://cli.gs/3grh2a8
- 3/1/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
https://cli.gs/53ys871 - 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 https://cli.gs/s8truky
- 3/1/12 (MALAYSIA) Elaf Bank chief executive Dr Jamil El Jaroudi will leave the bank https://cli.gs/s8xog4
- 3/2/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
https://cli.gs/cgvpvwf