- 3/16/12 (AUSTRALIA) Investorfirst CFO and company secretary Ariel Sivikofsky resigns
http://tinyurl.com/7jdshty - 3/16/12 (MALAYSIA) Amanah Raya Bhd (trust) managing director Datuk Ahmad Rodzi Pawanteh steps down
http://tinyurl.com/7wbujpm - 3/16/12 (UK) Towry (investment & fin. advice) Non-exec chairman Glyn Jones steps down
http://tinyurl.com/83g3y8b - 3/16/12 (GERMANY) Deutsche Bank Chief risk officer (CRO)of Hugo Bänziger steps down
http://tinyurl.com/7pmal9k - 3/16/12 (US IL) Henderson Global Investors Inc. head of the International Opportunities Fund Iain Clark steps down
http://tinyurl.com/7kfxz3j - 3/16/12 (US CA) Executive VP and Chief Compliance Officer of Heritage Bank of Commerce Margaret Incandela resigns
http://tinyurl.com/6wcaqaz - 3/16/12 (US VA) Genworth Financial board member J. Robert Kerrey resigns to campaign for senate seat
http://tinyurl.com/7566f74 - 3/16/12 (UK) CEO of the FSA (Financial Services Authority) Hector Sants to leave
http://tinyurl.com/7av7v5n> - 3/19/12 (US IA) ISU Foundation (fund), President and CEO of the Dan Saftig to step down
http://tinyurl.com/7jvb24x - 3/19/12 (BRAZIL) HSBC Brazil CEO Conrado Engel steps down
http://tinyurl.com/89uayoo - 3/19/12 (UAE) Finance head at SNR Denton Islamic Sheikh Muddassir Siddiqui resignsto pursue advisory role
http://tinyurl.com/84avxch - 3/19/12 (SWITZERLAND) Julius Baer bank’s chairman Raymond Baer steps down in a “surprise departure”
http://tinyurl.com/84gcl3z - 3/19/12 (GERMANY) Deutsche Bank, asset management chief Kevin Parker to leave executive committee
http://goo.gl/ahZlJ - 3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee
http://goo.gl/wRZkU - 3/19/12 (HONG KONG) China Development Bank HK branch CEO Di Weiping retires
http://tinyurl.com/7xcskmp - 3/19/12 (US ID) SunTrust Bank president and CEO Thomas Rueger to retire
http://tinyurl.com/7n2l6sr - 3/19/12 (SWEDEN) AP6 (private equity) CEO Marianne Dicander Alexandersson steps down
http://tinyurl.com/7bnvygp - 3/19/12 (SWITZERLAND) FINMA (Swiss Financial Market Supervisory Authority) Vice-chair Monica Mächler to step down
http://tinyurl.com/7r9akho - 3/19/2012 (US DE) David Folkwein, interim president and chief executive officer of Delaware County Bank, is leaving the position effective June 22
http://goo.gl/p6nxa - 3/19/12 (Greece) Greek finance minister Venizelos resigns to head Socialist party
http://goo.gl/XMdQw - 3/19/12 (BRAZIL) HSBC Brazil Chief Executive Conrado Engel Steps Down
http://goo.gl/LvtXe - 3/16/12 (Cyprus) Cyprus Finance Minister Kikis Orcel resigns in spite of president's plea to stay
http://goo.gl/tbJI2 - 3/20/12 (KUWAIT) National Investments Co. chairman Yousef Al Majid resigns
http://tinyurl.com/7maw3xx - 3/20/12 (UK) Bank of America, Co-head of distressed debt at Michael Guy resigns
http://tinyurl.com/75eml6v - 3/20/12 (US PA) Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board
http://tinyurl.com/6rxqeo9 - 3/20/12 (US TX) Acquisition chief Dan Magder quits Lone Star Investments
http://tinyurl.com/6qm2rj4 - 3/20/12 (NIGERIA) Chairman of House Committee on Capital Markets Hon. Herman Hembe resigns due to allegations of bribery
http://tinyurl.com/7r6dk54 - 3/20/12 (Hong Kong) Head of Deutsche Bank Asia-Pac Loh Boon Chye quits
http://tinyurl.com/6muckmq - 3/20/12 (US NY) Deutsche Bank, head of asset management Kevin Parker steps down from executive committee
goo.gl/4NO66 - 3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO Josef Ackermann exits with pension of €18.7 million
http://goo.gl/eiF39 - 3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London.
http://goo.gl/rVFz0 - 3/21/12 (GERMANY) Deutsche Bank AG, Co-head Wolfgang Hammes leaves
http://tinyurl.com/74ks8jk - 3/21/12 (UK) Aviva Investor’s European equity head John Botham exits
http://tinyurl.com/7qwlc26 - 3/21/12 (CANADA) National Bank’s Ontaria, Atlantic region manager Mike Miller leaves
http://tinyurl.com/7kq4bdp - 3/21/12 (UK) Royal Bank of Scotland Group’s global head of equity prime services Gregory Wagner resigns
http://tinyurl.com/6vz8f8k - 3/21/12 (US DC) Liquidity Services Inc, Chief information officer Eric Dean resigns
http://tinyurl.com/7v2c4ku - 3/21/12 (US NC) Bank of America Corp.’s salesman Michael Miller resigns
http://goo.gl/S4mwQ - 3/21/12 (US NC) Bank of America Corp.’s salesman John Livingstone resigns
http://goo.gl/S4mwQ - 3/21/12 (US NC) Bank of America Corp.’s Michael Case, a director of commercial mortgage security banking, resigns
http://goo.gl/S4mwQ - 3/21/12 (US NC) Bank of America Corp.’s John Eck, a managing director of asset-based trading, resigns
http://goo.gl/S4mwQ - 3/21/12 (US NC) Bank of America Corp.’s Seth Jacker, a managing director of mortgage sales, resigns
http://goo.gl/S4mwQ - 3/21/12 (US NC) Bank of America Corp.’s John McNiff, a managing director who served as co-head of trading in commercial mortgage securities, resigns
http://goo.gl/V1c9R - 3/21/12 (US NY) JP Morgan's adjustable-rate mortgages trader Roy Kim resigns
http://goo.gl/qvUH9 - 3/21/12 (US NY) JP Morgan's securitized-products salesman John Angelica resigns
http://goo.gl/qvUH9 - 3/21/12 (US NY) JP Morgan's co-head of trading in subprime mortgages Raphael Gonzalez resigns
http://goo.gl/qvUH9 - 3/21/12 (US TN) Chief financial officer for First Security Group, parent of FSGBank, William L. “Chip” Lusk Jr. Leaves. http://goo.gl/fNEg2
- 3/22/12 (UK) Global equity head Neil Rogan resigns from Henderson Global Investors
http://tinyurl.com/7v2c4ku - 3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund Bert Tibben step down
http://goo.gl/NHE94 - 3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS
http://goo.gl/AVXL2 - 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.
http://goo.gl/AVXL2 - 3/22/12 (CHINA) China Construction Bank, Zhang Enzhao resigns in the wake of bribery and corruption accusations Bank.
http://goo.gl/WfAio - 3/22/12 (SWITZERLAND) Lombard Odier Investment Managers, Chief Investment officer for equities Aziz Nahas of , the asset management arm of the Swiss private bank resigns.
http://goo.gl/ny7dI - 3/23/12 (SWITZERLAND) Credit Suisse, Peter Weibel will be resigning from the Board of Directors of both Credit Suisse Group AG and Credit Suisse AG as of the next Annual General Meeting on April 27, 2012.
http://goo.gl/USGHQ - 3/23/12 (JAPAN) The head of Asia-Pacific at UBS Global Asset Management Christof Kutscher steps down
http://goo.gl/mUbqo - 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.
http://goo.gl/tC7Ma - 3/26/12 (HONG KONG) JP Morgan's most senior banker in Asia-Pacific, Gaby Abdelnour, will quit this summer to pursue personal interests
http://goo.gl/1J5ks - 3/27/12 (ITALY) UniCredit SpA, Dieter Rampl to resign as chairman of the Italian bank, saying he would step down on April 19. Rampl will represent the bank on the board of Mediobanca (MB.MI), a smaller Italian bank in which UniCredit has a stake.
http://goo.gl/D3JTR - 3/28/12 (RUSSIA) Bank of America sales director, George Kogan, who worked in Moscow leaves firm.
http://goo.gl/ivXhp - 3/28/12 (RUSSIA) Bank of America, Dir. of equity sales trading, Ekaterina Myasinawho worked in Moscow leaves firm.
http://goo.gl/ivXhp - 3/28/12 (RUSSIA) Bank of America Sales Traders Alexander Orekhov who worked in Moscow left the firm.
http://goo.gl/ivXhp - 3/28/12 (ZIMBABWE) CBZ Holdings, CEO Nyasha Makuvise has stepped down after serving for 16 years.
http://goo.gl/9Zxtn - 3/29/12 (SRI LANKA) Seylan Bank, Eastman Narangoda steps down.
http://goo.gl/l6llO - 3/29/12 (USA CT) Union Savings Bank CEO Jay C. Lent abruptly resigned Thursday, saying his "his heart is no longer into managing the Danbury lender". Lent, who took a three month leave of absence in October, cited personal reasons for his departure after spending 11 years at the bank.
http://goo.gl/sXZP6 - 3/30/12 (INDIA) IDBI Bank has announced that Mr Rakesh Singh, a director, has resigned from the bank's board. This follows his appointment as Chief Secretary of Punjab. Mr Singh, who was additional Secretary in the Department of Financial Services, was a Government nominee in IDBI Bank's board. He took charge as Chief Secretary of Punjab on March 26.
http://goo.gl/aKwmp - 3/30/12 (UK) Bank of America Merrill Lynch, President of European business,Jonathan Moulds, is set to step down to pursue philanthropic activities, after almost two decades at the bank.
http://goo.gl/wdXRa - 3/31/12 (HONG KONG) Credit Suisse Hong Kong Private Bank Location Head, James Hong, Steps Down
http://goo.gl/HUXI9 - 4/02/12 (UK) Royal Bank of Scotland, Simon Taylor, head of equities sales trading at Royal Bank of Scotland, has left the to rejoin JP Morgan after four years.
http://goo.gl/46TnS - 4/02/12 (AUSTRIA) RZB, CEO Walter Rothensteiner resigned two years before the expiration of his term in office.
http://goo.gl/OteIR - 4/02/12 (UK) British Bankers’ Association (BBA), CEO Angela Knight, to step down as CEO in the summer. The BBA is a century-old lobby group that oversees the London interbank offered rate (LIBOR).
http://goo.gl/G9MDq - 4/02/12 (UK) J.P. Morgan Cazenove, One of London's most prominent bankers was fined 450,000 pounds for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by regulators to target high-profile figures. Top "rainmaker" Ian Hannam resigned on Tuesday, to fight the fine imposed by the Financial Services Authority (FSA) in relation to 2008 emails that contained information about one of his clients, Heritage Oil. The gruff former special forces soldier, who rose from humble beginnings, is the fifth person to be fined in relation to improper disclosure this year by the regulator, which has previously been accused of being ineffectual in its fight against financial crime. Of the five, Hannam is the most prominent.
http://goo.gl/wmO42 - 4/02/12 (NETHERLANDS) Rabobank Group Kees Beuving will step down as Chairman of the current Board of Management of Friesland Bank. He is making way for new members of the Board of Management.
http://goo.gl/dkykr - 4/02/12 (NETHERLANDS) Rabobank Group Anne Vlaskamp has stated that, after 37 years of service at the bank, he sees this as a natural moment to step down and to give the new Board of Management the space to guide the integration.
http://goo.gl/dkykr - 4/02/12 (JAPAN) UBS AG, chief equity strategist Shoji Hirakawa has left the firm
http://goo.gl/EtHOj - 4/02/12 (JAPAN) UBS AG, Fumihide Goto, an analyst covering makers of electronic parts has left the firm
.http://goo.gl/EtHOj - 4/02/12 (JAPAN) UBS AG, Shinsuke Iwasa, who covered media stocks has left the firm.
http://goo.gl/EtHOj - 4/02/12 (JAPAN) UBS AG, Aya Fujiki, an insurance company analyst, has also left the company
http://goo.gl/EtHOj - 4/03/12 (CHILE AND PERU) Deutsche Bank, Chairman for Chile and Peru, José Miguel Alcalde, has resigned after almost twelve years at the institution by his desire to spend more time with his family.
http://goo.gl/ArQfA - 4/03/12 (INDIA) Avigo Capital Partners buyout specialist Girija Tripathy Quits, To Start Own Fund
http://goo.gl/VjvqV - 4/03/12 (INDIA) BSE Ltd, Madhu Kannan quits to join Tata Sons. Kannan was instrumental in launching currency derivatives, SME Exchange and derivatives of four global indices trading on the exchange platform.
http://goo.gl/4l6au - 4/03/12 (CYPRUS) Bank of Cyprus PLC, Christakis Christofides has resigned as a director effectove March 31, 2012.
http://goo.gl/aNzSN - 4/04/12 (USA NY) Shearman & Sterling senior partner Rohan Weerasinghe has left the US firm to take up a new role at Citi.
Weerasinghe will take up his new position as general counsel and company secretary at the Wall Street investment bank.
http://goo.gl/4QUbK - 4/05/12 (USA NY) Brian Sack to Resign from New York Federal Reserve Bank
http://goo.gl/E8RCo see also http://americankabuki.blogspot.com/2012/04/ny-federal-reserve-markets-group-chief.html - 4/05/12 (UK) HSBC Holdings Plc (HSBA), Europe’s largest bank, said commercial banking chief Sandy Flockhart will step down after 37 years at the company.
http://goo.gl/lkGBy - 4/05/12 (EGYPT) Credit Agricole Egypt bank, Mohamed Lotfy Mansour resigned from his post as the CEO of the bank. Family members of two Mubarak-era ministers have left their posts on the board of Credit Agricole Egypt bank, state-run news agency MENA reported Tuesday. The Maghrabi and Mansour families together own 17 percent of the Cairo bank’s total capital of LE1.14 billion. Last year, an Egyptian court sentenced Maghrabi to five years in prison on charges of profiteering and abusing public funds.
http://goo.gl/suq4f - 4/05/12 (EGYPT) Credit Agricole Egypt bank, Yaseen Mansour resigned as a board member. For details see Mohamed Lotf Mansour above.
http://goo.gl/suq4f - 4/05/12 (EGYPT) Credit Agricole Egypt bank, Youssef Mansour resigned as a board member. For details see Mohamed Lotf Mansour above.
http://goo.gl/suq4f - 4/06/12 (UAE - DUBAI) Deutsche Bank: MENA, Henry Azzam, the chairman of its Middle East and North Africa operations and one of the region's most senior bankers, has stepped down.
http://goo.gl/UXua1 - 4/06/12 (UAE - DUBAI) Shuaa Capital CEO Michael Philipp has stepped down
http://goo.gl/E9IqA - 4/07/12 (MALTA) Fimbank director directors Gérard Lohier resigns
http://goo.gl/5IgRy - 4/07/12 (MALTA) Fimbank director directors Pierre-Olivier Fragnière resigns
http://goo.gl/5IgRy - 4/09/12 (USA FL) Florida Bank Chief credit officer Thomas Croom resigned as EVP and chief credit officer of Florida Bank. Croom resigned to pursue other employment opportunities.
http://goo.gl/eFgSy - 4/09/12 (USA NY) Pioneer Bank CEO Eileen Bagnoli to retire after 40 years.
http://goo.gl/e9I72 - 4/09/12 (UK) HSBC Holdings plc, Sandy Flockhart is retiring as an executive director
http://goo.gl/O84Uo - 4/10/12 (USA PA) The Federal Reserve ordered Louis A. DeNaples to step down from his position as chairman of the board of First National Community Bancorp of Dunmore, Pa., following a settlement he reached with prosecutors following perjury charges. DeNaples must also submit a plan for selling his controlling stakes in First National and another bank.
http://goo.gl/6Yrrr - 4/10/12 (POLAND) Bank Millennium SA, CEO Boguslaw Kott, will leave the bank's top job by June 2013 after heading the lender since 1989, Millennium said Tuesday. Millennium's troubled owner, Banco Comercial Portugues S/A (BCP.LB), had put its Polish unit up for sale last year because of a heavy debt load, but dropped the plan after restructuring its balance sheet.
http://goo.gl/B8tIQ - 4/10/12 (USA NY) Goldman Sachs, co-head of global M&A Yoel Zaoui is stepping down. Zaoui has been with G.S., for 25 years.
http://goo.gl/LuDQT - 4/13/12 (GERMANY) Deutsche Bank economist Thomas Mayer to step down.
http://goo.gl/L6y21 - 4/13/12 (USA) Bank of America chief information officer Marc Gordon has quit and embarking on a "personal change in direction" says a statement given to Reuters.
http://goo.gl/T5bXt - 4/13/12 (USA) Barclays Bank, US wealth unit COO Ian Lowitt to depart
http://goo.gl/4vnDm - 4/15/12 (JAPAN) Japan Bank for International Cooperation, Hiroshi Okuda, governor of the Japan Bank for International Cooperation, has stepped down as an adviser to Toyota Motor Corp after becoming the bank's head as of April 1. Okuda no longer holds a position at the major automaker after the government-owned bank said it was undesirable for Okuda to keep titles at a private company while serving as the bank's head.
http://goo.gl/4WufA - 4/16/12 (UK) Jefferies, Star UK media rainmaker Jonnie Goodwin, who has advised on 100 transactions in the sector worth an aggregate $15bn in the past decade, has quit Jefferies to launch an “independent merchant bank” called Lepe Partners. Goodwin, who joined the US investment bank after selling his investment banking boutique Longacre Partners to the latter five years ago, said that the new start-up will target media and internet transactions, and has raised an “annual pledge fund” worth almost £25m from erstwhile clients and the investment offices of wealthy families.
http://goo.gl/RRDe6 - 4/16/12 (US CA) Federal Reserve Bank of San Francisco, Economic Advisory Council member, Kim Roberts Hedgpeth, resigned from has decided to step down as SAG-AFTRA (actors union) Co-National Executive Director on April 30. Hedgpeth also served as a Trustee of the AFTRA Health & Retirement Funds, a member of the boards of the AFM-AFTRA Intellectual Property Rights Distribution Fund, Alliance of Artists and Recording Companies and SoundExchange, a VP of the AFL-CIO's Department for Professional Employees and a VP of the Associated Actors and Artistes of America.
http://goo.gl/fhG94 - 4/17/12 (USA NY) UBS AG, The head of investment banking for the Americas at UBS AG,Aryeh Bourkoff, has resigned "to pursue other opportunities"
http://goo.gl/A8yHH - 4/18/12 (AUSTRALIA) Heritage Bank, Brian Carter, head of Australia's largest building society, is retiring as chairman of Heritage Bank after 30 years of service.
http://goo.gl/yxf4U - 4/18/12 (USA NY) UBS AG, Ehren Stenzler, the co- head of U.S. mergers and acquisitions, is leaving the bank
http://goo.gl/lT25N - 4/18/12 (European Union) Luxembourg prime minister Jean-Claude Juncker, reaffirms plan to resign as head of euro zone finance ministers in midyear.
http://goo.gl/QfcCm - 4/18/12 (UK) Serious Fraud Office, The Serious Fraud Office has seen the sudden departure of its CEO Phillippa Williamson only days before its director of operations is also due to leave. In an unexpected move, she left the agency this week, and a spokesman said she may not necessarily be replaced.
http://goo.gl/pHKrj - 4/19/12 (UK) Royal Bank of Scotland, Ian Alderton, chief information officer at the corporate division of Royal Bank of Scotland (RBS), has left the bank this month, Computer Weekly has learned.
http://goo.gl/ZW6Pw - 4/19/12 (UK) DJ Rothschild, The chief executive for Rothschild's Middle East business,Herve Sawko, has stepped down and has been replaced with the bank's previous head of M&A in the region, people familiar with the situation told Dow Jones Newswires Thursday. Sawko, a French national, took up the post in Dubai at the end of 2009 following three years at the bank's New York office working on cross-border transactions. He is returning to Paris where he has spent most of his career with Rothschild.
http://goo.gl/1Y5BB - 4/19/12 (UK) Instinet Europe CEO Richard Balarkas, an early pioneer of electronic trading, has decided to step down after four years at the helm of the Nomura (NMR) owned agency brokerage.
http://goo.gl/GZy07 - 4/19/12 (UK) Aviva Plc, Igal Mayer, CEO of Europe steps down.
http://goo.gl/y9juR - 4/19/12 (UK) Aviva Plc, Richard Hoskins, CEO of North America steps down.
http://goo.gl/y9juR - 4/19/12 (UK) Aviva Plc, Alain Dromer, CEO of Aviva Investors steps down.
http://goo.gl/y9juR - 4/20/12 (UK) Financial Services Authority, Hector Sants, one of Britain’s top financial regulators during the banking crisis of the past five years, has decided to step down as chief executive of the Financial Services Authority, in a move that deals a blow to current arrangements to overhaul the country’s system of financial regulation.
http://goo.gl/USmYz - 4/20/12 (ISRAEL) Morgan Stanley, The head of investment banking for Israel, Central and Eastern Europe and Africa at Morgan Stanley, Ronnie Golan, who prior to joining the bank was an F15 fighter jet pilot in the Israeli air force, is to leave the bank ahead of an expected move to a rival.
http://goo.gl/uWzMb - 4/21/12 (ROMANIA) ING, deputy chief executive Albert Roggemans, said he was leaving for personal reasons
http://goo.gl/3lbTj - 4/22/12 (INDIA) Dhanlaxmi Bank Senor VP & Head of Marketing, Sheran Mehra steps down, taking a position as Head-Marketing, Mahindra Holidays.
http://goo.gl/dVZKL
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Replies
Hey Lightworkersxm, what a huge amount of work you have done to find and collate all this. THANKYOU!!!!!
It surely looks like the ball is rolling now.
Hey ok
No praise please
I do not need a pedestal and will not stand on a pedastal for copy and pasting material
Please send the compliments to some hard working team in akericankabuki
But Thanks for the compliments
I do not deserve them
Dave
lets clap our hands together and sing with joy.................
The Resignations are not the brute force strength that is going to usher in the big changes. Its only the tip of the iceberg.
The reason these people are resigning is because the noose is coming and they know it, so they're heading for the hills.
Sir Galahad
Drake also makes a point in mentioning this too
As you say
LWS
Resigning or Stepping Down like i have stated before is an easy way out for these people have corruption in their blood and will plan another way to rip people off which they have got accustomed to for so long.
What is to become of them?
I have stated before to take all their money and property which they have accumulated some abroad as well and then put them all on a deserted island where they will fight each other and kill each other ...thus end of story
The arrests should begin extremely soon at this rate...
I am so excited. It's coming. It's so CLOSE!!! Great post, thank you :)
Love and light
great stuff!