[UPDATE 3-1-12 0900 HST: Thanks to Waypoint who pointed out that three of the dates below should be 2011 instead of 2012. The list appears to be in chronological order.]
Well, we can certainly sing our praises for American Kabuki’s upated list (found here at RMN). The list keeps growing. Mahalo American Kabuki!
(note: all of the links in the article redirect to another actual link at cli.gs)
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102 RESIGNATIONS FROM WORLD BANKS 2/29/12
UPDATED 3/01/12
Removed duplicate entry for Nomura, added 2 more resignations. Updated links to Sri Lanka and Ukraine to better web site (thanks to Rockinjude for links). Changed text URLs to be active URLs.
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 http://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.
102 RESIGNATIONS FROM WORLD BANKS:
- 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
http://cli.gs/x80u7sk - 09/20/12 (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://cli.gs/le7qon2 - 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
http://cli.gs/rn0tgj - 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
http://cli.gs/9wpeq0q - 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
http://cli.gs/b14tv6l - 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
http://cli.gs/b14tv6l - 11/01/12 (INDIA) More directors of the Beed district bank resign
http://cli.gs/67gb6d - 11/02/12 (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://cli.gs/xg4snc1 - 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://cli.gs/gdm988q - 12/15/11 (UK) Senior private banker James Fleming resigns from Coutts [private bank]
http://cli.gs/icg7w7 - 12/23/11 (USA VA) Bank feud: Chairman Mark Giles quits VNB
http://cli.gs/n9mabhs - 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNB
http://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
http://cli.gs/n9mabhs - 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
http://cli.gs/1el9169 - 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maor steps down after 16 years
http://cli.gs/6unkmlf - 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
http://cli.gs/wwcyl71 - 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
http://cli.gs/guoevyf - 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
http://cli.gs/x53cg1d - 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
http://cli.gs/m9vec4y - 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
http://cli.gs/s17bvj - 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief Francisco Luzon quits
http://cli.gs/5greru - 1/30/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
http://cli.gs/5b79fbd - 1/20/12 (JAPAN) Normura’s head of wholesale banking Jasjit Bhattai quits
http://cli.gs/x3hhykp - 1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits http://cli.gs/iq071x
- 1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quits
http://cli.gs/iq071x - 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
http://cli.gs/11fnco2 - 2/01/12 (SOUTH AFRICA) ABSA [Barclay’s Bank] deputy CEO Louis von Zeuner resigns
http://cli.gs/ilk3bw0 - 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
http://cli.gs/6brhb0 - 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
http://cli.gs/vodr08j - 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
http://cli.gs/6p4qud9 - 2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quit
http://cli.gs/3ww27st - 2/05/12 (USA – NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
http://cli.gs/3ww27st - 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
http://cli.gs/0t4ba4 - 2/7/12 (USA) Bank Of America’s Mortgage Business Chief Barbara Desoer Retires
http://cli.gs/y5spl4b - 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
http://cli.gs/dfnp5ph - 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
http://cli.gs/70dbtnx - 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)
http://cli.gs/ttahvxk - 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
http://cli.gs/b672wx - 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
http://cli.gs/vr0sjf - 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
http://cli.gs/c93mgy8 - 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
http://cli.gs/wcw6ff - 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
http://cli.gs/q5xaopa - 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
http://cli.gs/r69lqgu - 2/15/12 (WORLD) World Bank CEO Zoellick resigns
http://cli.gs/72fyiup
Did the White House tell the World Bank president that he’s out?
http://cli.gs/ilii9a1 - 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
http://cli.gs/6olxu5w - 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
http://cli.gs/6olxu5w - 2/15/12 (KENYA) Govenor of Kenyan Central Bank Njuguna Ndung’u
to Resign
http://cli.gs/bau9sue - 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
http://cli.gs/4nkoven - 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
http://cli.gs/89k57un - 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
http://cli.gs/an8tv23 - 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
http://cli.gs/twoigu - 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
http://cli.gs/nnlsmn3 - 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
http://cli.gs/nnlsmn3 - 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
http://cli.gs/nnlsmn3 - 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
http://cli.gs/0d5ess - 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summer
http://cli.gs/odkdp4r - 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns http://cli.gs/sa7djft
- 2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns http://cli.gs/ejjk61c
- 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
http://cli.gs/92eda1a - 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://cli.gs/xujb5lv - 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
http://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
http://cli.gs/k8jfru9 - 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
http://cli.gs/2bmr72 - 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
http://cli.gs/kik1ddd - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
http://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
http://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
http://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
http://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
http://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.
http://cli.gs/uf759ex - 2/22/12 (USA) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
http://cli.gs/ikvo80v - 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://cli.gs/eq6pqbo - 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns. http://cli.gs/auxu10f
- 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
http://cli.gs/ege43r2 - 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
http://cli.gs/li9sab1 - 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
http://cli.gs/5u9i14e - 2/24/12 (USA) Evercore Partners Head Eduardo Mestre steps down
http://cli.gs/wnxafp9 - 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
http://cli.gs/7totmju - 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
http://cli.gs/5clft6j - 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
http://cli.gs/wgyujp - 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
http://cli.gs/rk0scap - 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
http://cli.gs/52f6qqn - 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni Nayar Quits
http://cli.gs/kmjfmq - 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps down
http://cli.gs/rj2jp2b - 2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
http://cli.gs/ci9s3fy - 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns – Flees to Canada!
http://cli.gs/iodk071 - 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
http://cli.gs/yi5c66 - 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
http://cli.gs/n50yxmw - 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
http://cli.gs/wr3rgye - 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
http://cli.gs/exrndtm - 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
http://cli.gs/kkbp2bl - 2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quits
http://cli.gs/yrklslj - 2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.
http://cli.gs/35yjxi0 - 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
http://cli.gs/o6b5mo3 - 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
http://cli.gs/x2t1wsm - 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
http://cli.gs/9txnhn - 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
http://cli.gs/5d8qhmo - 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
http://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
http://cli.gs/c86fbl0 - 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
http://cli.gs/atner3 - 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
http://cli.gs/kmqsson