Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Bank Central Asia Names Gregory Hendra Lembong as President Director, Succeeding Jahja Setiaatmadja
BCA has appointed Gregory Hendra Lembong as President Director effective 1 June 2025, with Jahja Setiaatmadja moving to President Commissioner.
NCBA Bank Kenya Appoints James Gossip as Managing Director in Board Realignment
NCBA Bank Kenya has named James M. Gossip as Managing Director effective 12 May 2025, following regulatory approval from the Central Bank of Kenya.
Dr. Biswo Nath Poudel Appointed 18th Governor of Nepal Rastra Bank
Nepal has appointed Dr. Biswo Nath Poudel as the 18th Governor of Nepal Rastra Bank, succeeding Maha Prasad Adhikari who completed his term in office.
Datuk Muzaffar Hisham Appointed Group CEO of Bank Pembangunan Malaysia
Malaysia's Bank Pembangunan named Datuk Muzaffar Hisham as Group CEO effective 18 May 2025, bringing over 20 years of banking experience from Maybank Islamic.
Capital One Completes Landmark Acquisition of Discover Financial Services
Capital One finalised its acquisition of Discover Financial Services on 18 May 2025, nearly 15 months after the deal was first announced in February 2024.
Anggoro Eko Cahyo Appointed President Director of Bank Syariah Indonesia at 2025 AGM
Bank Syariah Indonesia named Anggoro Eko Cahyo as its new President Director at its annual general meeting, succeeding Hery Gunardi who moved to Bank Rakyat Indonesia.
Crédit Agricole SA Appoints Olivier Gavalda as CEO Following Philippe Brassac's Decade in the Role
Olivier Gavalda became CEO of Crédit Agricole SA on 14 May 2025, succeeding Philippe Brassac who stepped down after a decade upon reaching the maximum age limit for the position.
Crédit Agricole CIB Appoints Jean-François Balaÿ as Chief Executive, Succeeding Xavier Musca
Crédit Agricole CIB appointed Jean-François Balaÿ as Chief Executive Officer effective 6 May 2025, succeeding Xavier Musca who led the corporate and investment bank for three years.
Dubai Islamic Bank Pakistan Appoints Muhammad Ali Gulfaraz as Chief Executive
Dubai Islamic Bank Pakistan named Muhammad Ali Gulfaraz as CEO effective 2 May 2025, bringing over 25 years of corporate and investment banking experience across UK, Europe, and Pakistan.
OTP Bank Names Péter Csányi CEO as Hungary's Largest Lender Separates Chairman and CEO Roles
Péter Csányi became CEO of OTP Bank on 1 May 2025 as the Hungarian lender separated its Chairman and CEO roles, with founder Sándor Csányi remaining Chairman after 33 years.
Société Générale CEO Slawomir Krupa Elected President of European Banking Federation
Slawomir Krupa, CEO of Société Générale, was elected President of the European Banking Federation in March 2025, taking on the industry leadership role alongside his bank duties.
Crédit Agricole Appoints Olivier Gavalda as CEO at Annual Shareholder Meeting in France
Olivier Gavalda formally assumed the CEO role at Crédit Agricole's May 2025 annual shareholder meeting, succeeding Philippe Brassac who led the French banking group for a decade.