Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Nordea Appoints Kirsten Renner and Mads Skovlund Pedersen to Group Leadership Team
Nordea announced on 4 December 2024 that Kirsten Renner and Mads Skovlund Pedersen would join its Group Leadership Team effective 1 February 2025.
DBS Appoints Han Kwee Juan and Lim Him Chuan to Senior Leadership Roles Effective January 2025
DBS announced in December 2024 that Han Kwee Juan would lead Institutional Banking and Lim Him Chuan would become Singapore Country Head, both effective 1 January 2025.
MTN Group Appoints Stephen Blewett as CEO of MTN Ghana, Succeeding Selorm Adadevoh
MTN Group announced in December 2024 that Stephen Blewett would succeed Selorm Adadevoh as CEO of MTN Ghana, taking up the role in April 2025 as Adadevoh moves to Group CCO.
South Africa's Ramaphosa Reappoints Kganyago for Third Term as SARB Governor
President Cyril Ramaphosa has reappointed Lesetja Kganyago as Governor of the South African Reserve Bank for a third five-year term, effective 9 November 2024 to 8 November 2029.
Stanbic IBTC Holdings Nigeria Names Dr Kunle Adedeji Acting CEO as Dr Demola Sogunle Retires
Dr Kunle Adedeji became Acting CEO of Stanbic IBTC Holdings on 1 November 2024 after Dr Demola Sogunle retired, stepping up from his prior role as the group's CFO.
Diamond Trust Bank Kenya Names Murali Natarajan as MD and CEO as Nasim Devji Focuses Solely on Group Leadership
Murali Natarajan became MD and CEO of Diamond Trust Bank Kenya on 1 November 2024, as Nasim Devji transitions to focus solely on leading the wider DTB Group across East Africa.
Wema Bank Nigeria Promotes Oluwole Ajimisinmi to Deputy MD and Appoints Olukayode Bakare as Executive Director
Wema Bank named Oluwole Ajimisinmi as Deputy Managing Director and Olukayode Bakare as Executive Director, both effective 1 December 2024, as Moruf Oseni remains MD/CEO.
Hisham Ezz Al-Arab Returns as CEO of Commercial International Bank Egypt in November 2024
CIB Egypt reappointed Hisham Ezz Al-Arab as CEO and Executive Board Member in November 2024, the latest step in his return to Egypt's largest private-sector bank.
Abu Dhabi Islamic Bank Formally Appoints Mohamed Abdelbary as Group CEO After Seven Months as Acting Chief
ADIB confirmed Mohamed Abdelbary as Group CEO on 30 October 2024, formalising a role he had held in an acting capacity since March while the bank posted 33% profit growth.
Société Générale Cuts General Management to Two Executives as CEO Krupa Takes Retail Banking France
Société Générale has slimmed its General Management to two executive officers — CEO Slawomir Krupa and new Deputy CEO Pierre Palmieri — effective 30 October 2024.
U.S. Bancorp Restructures Leadership with CFO John Stern Reporting Directly to CEO Andy Cecere
U.S. Bancorp announced that CFO John Stern will report directly to CEO Andy Cecere and that Gunjan Kedia will lead a new payments and money movement structure.
State Street CFO Eric Aboaf to Depart in February 2025 After Eight Years in Role
State Street's Vice Chairman and CFO Eric Aboaf will leave the firm in February 2025 to pursue an opportunity outside banking, triggering a formal successor search.