Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Lebanon Appoints Karim Souaid as Banque du Liban Governor
Karim Souaid, an asset manager and banking governance specialist, has been named Governor of Banque du Liban, ending nearly two years of interim leadership.
Bank Mandiri AGM keeps Darmawan Junaidi as President Director, names Riduan deputy and Kuswiyoto chair
Shareholders retained Darmawan Junaidi as Bank Mandiri's President Director on 25 March 2025, appointed Riduan as Vice President Director in place of Alexandra Askandar and named Kuswiyoto President Commissioner.
Hana Financial Group Shareholders Reappoint Ham Young-joo as Chairman for Second Three-Year Term
Ham Young-joo secured reappointment as Hana Financial Group Chairman and CEO with 81.2% shareholder support, extending his tenure to March 2028.
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.
TSB Bank UK Names Marc Armengol as Chief Executive Officer, Effective March 2025
Marc Armengol became Chief Executive Officer of TSB Bank on 21 March 2025, succeeding Robin Bulloch who retired after a 45-year banking career including five years at TSB.
Itaú Colombia Appoints Jorge Villa as President and CEO, Replacing Baruc Sáez
Itaú Colombia named Jorge Villa as President and CEO effective 21 March 2025, promoting him from VP of Corporate Banking after more than 27 years in the financial sector.
Westpac Appoints NAB's Nathan Goonan as Group CFO in Reshuffle Under New Chief Executive
Westpac has appointed Nathan Goonan, who served as CFO of National Australia Bank, as its Group CFO as part of an executive reshuffle under chief executive Anthony Miller.
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 chief executive and a homegrown appointee, as Piyush Gupta ends his 15-year tenure.
Central Bank of Nigeria Appoints 16 Directors in 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.
South Korea's Kakao Bank Nominates Yun Ho-young for Fifth Consecutive Term as CEO
Kakao Bank nominated Yun Ho-young on 4 March 2025 for a fifth consecutive term as CEO, subject to shareholder approval on 26 March.
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, succeeding Anne Juuko.