Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Absa Group Appoints Kenny Fihla as Group CEO, Effective June 2025
Absa Group has named Kenny Fihla, currently deputy CEO of Standard Bank Group, as its new Group CEO, with the appointment effective 17 June 2025, subject to regulatory approval.
DBS Confirms Tan Su Shan as CEO Effective 28 March 2025, Succeeding Piyush Gupta
DBS confirmed Tan Su Shan will become CEO on 28 March 2025, becoming the bank's first female and first internally promoted chief executive, as Piyush Gupta ends his 15-year tenure.
Central Bank of Nigeria Appoints 16 Directors in Major Leadership Overhaul
The Central Bank of Nigeria appointed 16 directors across key departments effective 3 March 2025, with over 35% women among the new appointees following an internal recruitment process.
Stanbic Bank Uganda Appoints Mumba Kenneth Kalifungwa as Chief Executive
Stanbic Bank Uganda, a subsidiary of Standard Bank Group, appointed Mumba Kenneth Kalifungwa as its new Chief Executive effective 1 March 2025, as announced by the group's official press release.
South Korea's Kakao Bank Reappoints Yun Ho-young as CEO for Fifth Consecutive Term
Kakao Bank reappointed Yun Ho-young as CEO for a fifth consecutive term in March 2025, sustaining stable leadership at South Korea's first internet-only bank.
China's Ant Group Names Cyril Han as CEO, Eric Jing Remains Executive Chairman
Han Xinyi, known as Cyril Han, became CEO of Ant Group on 1 March 2025, succeeding Eric Jing who continues as Executive Chairman after Han's three years as President.
Bank Rakyat Indonesia Appoints Hery Gunardi as President Director and CEO
Hery Gunardi has been appointed President Director and CEO of Bank Rakyat Indonesia effective March 2025, following shareholder approval at the country's largest lender by assets.
Société Générale Chief Slawomir Krupa Elected President of the European Banking Federation
Slawomir Krupa, CEO of Société Générale since May 2023, was elected president of the European Banking Federation in March 2025, the industry body representing banking across 32 European countries.
Danske Bank Appoints Cecile Hillary as CFO as Stephan Engels Retires After Five Years
Cecile Hillary joined Danske Bank as chief financial officer on 1 March 2025, succeeding Stephan Engels who retired after nearly five years at the Danish lender.
DBS Bank India Appoints Rajat Verma as CEO Following Surojit Shome's Retirement
Rajat Verma became CEO of DBS Bank India on 1 March 2025 after RBI approval, succeeding Surojit Shome who retired, and joining DBS's Group Management Committee.
Dr. Soraya Hakuziyaremye Appointed Governor of the National Bank of Rwanda by President Kagame
President Kagame has appointed Dr. Soraya Munyana Hakuziyaremye as Governor of the National Bank of Rwanda, elevating her from Deputy Governor to lead the central bank from 25 February 2025.
Bangkok Bank Appoints Singh Tangtaswas as CEO While Chartsiri Sophonpanich Continues as President
Thailand's second-largest bank, Bangkok Bank, appointed Singh Tangtaswas as Chief Executive Officer on 21 February 2025, with long-serving President Chartsiri Sophonpanich remaining in his role.