Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Boris Vujčić takes office as European Central Bank vice-president for eight-year term
The former Croatian National Bank governor begins an eight-year term, succeeding Luis de Guindos on the ECB Executive Board.
CIBC names Rimmer and Belanger to lead North American commercial banking and wealth in leadership shake-up
Susan Rimmer takes charge of commercial banking in Canada and the U.S. and Eric Belanger of wealth management across both countries, while CAO Christina Kramer will leave the bank on 31 October.
AIB Group Chief Financial Officer Donal Galvin Steps Down After 13 Years
Donal Galvin will step down as AIB Group CFO after 13 years at the bank to pursue other business opportunities, leaving the board on 26 May and staying to steer the half-year results.
Investec Names Henrietta Baldock as Group Chair; Nkululeko Sowazi to Chair Investec Bank Limited
Investec announced that Henrietta Baldock will succeed Philip Hourquebie as Group Chair from 6 August 2026, with Nkululeko Sowazi taking the Investec Bank Limited chair.
Standard Chartered Names Manus Costello as Permanent Group Chief Financial Officer
Standard Chartered promoted head of investor relations Manus Costello to Group CFO, succeeding Diego De Giorgi, who left in February to join Apollo Global Management.
US Senate Confirms Kevin Warsh as Chair of the Federal Reserve
The Senate confirmed Kevin Warsh as Federal Reserve Chair on 13 May 2026, clearing the way for him to succeed Jerome Powell later this month.
Bank ABC Appoints Paul Jennings as Group Chief Executive Officer Effective August 2026
Bahrain-based Bank ABC named Paul Jennings, currently CEO of British Arab Commercial Bank, as Group CEO from 5 August 2026, with Central Bank of Bahrain approval already received.
Bank for International Settlements Elects Bank of Italy's Fabio Panetta as New Board Chair
The BIS Board elected Bank of Italy Governor Fabio Panetta as its new Chair for a three-year term beginning 3 June 2026, succeeding François Villeroy de Galhau.
Wells Fargo Hires Warren Young From Standard Chartered as COO of Corporate and Investment Bank
Wells Fargo has appointed Warren Young from Standard Chartered as Chief Operating Officer of its Corporate and Investment Bank, effective 1 July 2026.
India Appoints Rohit Jain as Reserve Bank of India Deputy Governor for Three-Year Term
The Indian government has named Rohit Jain, currently an Executive Director at the RBI, as Deputy Governor for a three-year term from the date he joins the post, on or after 3 May 2026.
Citi Appoints Karim Tannir as Middle East and Africa Cluster and Banking Head Based in Dubai
Citi has hired HSBC's head of banking for the Middle East, North Africa and Türkiye, Karim Tannir as its Middle East and Africa Cluster and Banking Head, based in Dubai from August 2026.
ING Group Appoints Ida Lerner as CFO Following Tanate Phutrakul's Departure
Ida Lerner, former CFO of Norwegian bank DNB, has been appointed to ING Group's Executive Board as Chief Financial Officer, replacing Tanate Phutrakul.