Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
HSBC MENAT Names Selim Kervanci as Regional CEO While AlGhannam Leads Saudi Operations
Selim Kervanci took over as CEO of HSBC Middle East, North Africa and Türkiye in January 2025, with Faris AlGhannam remaining head of HSBC Saudi Arabia.
Rick Wurster Becomes President and CEO of Charles Schwab on 1 January 2025, Succeeding Walt Bettinger
Rick Wurster assumed the roles of President and CEO of Charles Schwab on 1 January 2025, as Walt Bettinger retired after 16 years leading the firm.
Natixis Names Kallala and Setbon to Lead CIB and Asset Management as New Structure Takes Effect
Mohamed Kallala and Philippe Setbon stepped into senior leadership roles at Natixis on 1 January 2025, following the departure of Stéphanie Paix.
Dennis Mbingo Takes Charge as CEO of FNB Mozambique on 1 January 2025, Succeeding Peter Blenkinsop
Dennis Mbingo became Managing Director and CEO of FNB Mozambique on 1 January 2025, succeeding Peter Blenkinsop who retired after nearly four years leading the bank.
Philippines: Ana Maria Aboitiz-Delgado Takes the Helm as UnionBank President and CEO
Ana Maria Aboitiz-Delgado became President and CEO of Union Bank of the Philippines on 1 January 2025, succeeding Edwin Bautista.
Axis Bank's Amitabh Chaudhry Begins New Three-Year Term as MD and CEO from 1 January 2025
Amitabh Chaudhry's reappointment as Axis Bank MD and CEO, approved by the board in April 2024 and by the RBI in October 2024, took effect on 1 January 2025 for a further three-year term.
Oman Appoints Ahmed Al-Musalmi as Central Bank Governor Under Royal Decree 5/2025
Ahmed Al-Musalmi became Governor of the Central Bank of Oman on 1 January 2025 under Royal Decree 5/2025, succeeding Tahir Al Amri, who had led the institution as Executive President since 2017.
Bank of China Appoints Zhang Hui as President, Joining from China Development Bank
Bank of China has appointed Zhang Hui as its new President, effective 23 December 2024, following board approval in early December and subsequent regulatory clearance for the incoming executive.
Crédit Agricole S.A. Board Appoints Olivier Gavalda as Chief Executive from May 2025 AGM
Crédit Agricole's Board of Directors selected Olivier Gavalda on 17 December 2024 to succeed Philippe Brassac as CEO, effective from the bank's Annual General Meeting on 14 May 2025.
Anthony Miller Takes Over as Westpac Group Chief Executive Officer
Anthony Miller became Westpac's Group CEO on 16 December 2024, succeeding Peter King who retired after a 30-year career at the bank, including five years as chief executive.
Flagstar Financial Names Lee Smith Senior Executive Vice President and Chief Financial Officer
Flagstar Financial has appointed Lee Smith as Senior EVP and CFO effective 27 December 2024, succeeding Craig Gifford who stepped down for personal reasons.
Singapore's UOB Appoints Leong Yung Chee as Group Chief Financial Officer Ahead of 2025 Transition
UOB named Leong Yung Chee as Group CFO effective April 22, 2025, as Lee Wai Fai retires after 20 years in the role, with Edmund Leong taking over corporate banking.