Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
EU Council Appoints Michaud as EBA Chair
The EU Council has appointed François-Louis Michaud as the new Chair of the European Banking Authority, effective April 16, 2026, at what EBA Vice Chair Helmut Ettl called a particularly important time for the European financial system.
Banco do Brasil proposes changes to 12 executive directorships, naming new finance, operations and digital heads
Banco do Brasil submitted nominations to its board on 27 March 2026 for changes across 12 executive directorships, including Bárbara Favero dos Santos Bosi as finance director and Pedro Bramont for digital business.
Penn Community Bank elevates Charles Field to president and CFO
Field keeps his finance role while taking on oversight of enterprise-wide strategy execution and operations; Jeane Vidoni remains chief executive of the Pennsylvania mutual bank.
Banco de Chile Renews Entire Board and Reappoints Pablo Granifo Lavín as Chairman for New Three-Year Term
Banco de Chile has renewed its entire board for a new three-year term and reappointed Pablo Granifo Lavín as Chairman, with Jean-Paul Luksic Fontbona and Julio Santiago Figueroa as Vice-chairmen.
Shinhan Financial Group Reappoints Jin Ok-dong as Chairman for a Second Three-Year Term
Shinhan Financial Group's shareholders approved Jin Ok-dong for a second three-year term as chairman on 26 March, extending his tenure through 2029.
HBT Financial Names Veteran Banker Morton to Board
HBT Financial, Inc. and Heartland Bank and Trust Company have appointed Michael J. Morton, a banking executive with nearly 40 years of experience, to their boards effective April 1, 2026.
HSBC Elevates Jack Yang as Asia-Middle East Finance Chief
HSBC has appointed Jack Yang as CFO for Asia and the Middle East, the latest leadership change as CEO Georges Elhedery overhauls the bank.
Intesa Sanpaolo Appoints Luigi Fuzio as CIB Bank Hungary CEO and Mojca Kovač as First Woman to Lead a Bank in Its International Division
Intesa Sanpaolo has named Luigi Fuzio as CEO of CIB Bank Hungary and Mojca Kovač as CEO of Intesa Sanpaolo Bank Slovenia, the first woman to lead a bank in the group's International Banks Division.
Bank of Canada Governing Council Loses Two Key Deputy Governors
The Bank of Canada will lose Deputy Governors Rhys Mendes and Sharon Kozicki from its rate-setting council, with Mendes departing April 10 for Toronto and Kozicki retiring July 15. The bank will undertake an internal recruitment process to fill the vacancies.
JP Morgan Names HSBC Veteran Badhwar India Chief
JP Morgan has appointed HSBC's Rahul Badhwar as its senior country officer for India, effective July 2026, succeeding Kaustubh Kulkarni, who left to join Citi. Based in Mumbai, he will report to Asia Pacific CEO Sjoerd Leenart and join the regional management committee.
Fifth Third's Newline Co-Founder John Piazza Departs Bank
John Piazza, co-founder and product lead of Fifth Third Bank's embedded payments arm Newline, has left the institution after nearly seven years. His exit highlights ongoing evolution in the bank's payments innovation strategy amid strong business performance.
South Korea Names BIS Economist Shin Hyun-song as Next Bank of Korea Governor
South Korea's presidential office named BIS Economic Adviser Shin Hyun-song as the next Bank of Korea Governor, succeeding Rhee Chang-yong whose term ends in April 2026.