Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
Pakistan's MCB Bank Appoints Muhammad Nauman Chughtai as President and CEO
MCB Bank announced the appointment of Muhammad Nauman Chughtai as its new President and Chief Executive Officer on 11 December 2024, succeeding Shoaib Mumtaz.
India Appoints Revenue Secretary Sanjay Malhotra as 26th RBI Governor
India has appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India, effective 11 December 2024, for a three-year term replacing Shaktikanta Das.
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.
Ant Group Names Cyril Han as Incoming CEO from March 2025, Succeeding Eric Jing
Ant Group announced that president and CFO Cyril Han will take over as CEO from 1 March 2025, with Eric Jing remaining as chairman.
Raymond James Board Confirms Paul Shoukry as Incoming CEO, Effective February 2025
Raymond James Financial confirmed on 4 December 2024 that Paul Shoukry would succeed CEO Paul Reilly effective 20 February 2025, with Reilly becoming full-time Executive Chair after 15 years as CEO.
HSBC Names Lisa McGeough US Chief Executive and Appoints Interim Head for Global Private Banking
HSBC has elevated Lisa McGeough to US CEO — the first woman in the role in over a decade — and named Gabriel Castello as interim global private banking head from 1 January 2025.
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.
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.
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, while retaining his role as the group's Chief Financial and Value Management Officer.
Diamond Trust Bank Kenya Names Murali Natarajan as MD and CEO as Nasim Devji Focuses Solely on Group Leadership
Murali Natarajan was named MD and CEO of Diamond Trust Bank Kenya on 31 October 2024, as Nasim Devji transitions to focus solely on leading the wider DTB Group across East Africa.
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 Deputy CEO Pierre Palmieri.
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% growth in profit before tax.