Executive Moves
Senior appointments, board changes, and leadership transitions shaping the financial industry.
AlRayan Bank appointed Usman Ahmed group CEO in Qatar leadership transition
AlRayan Bank appointed Usman Ahmed as group chief executive with Qatar Central Bank approval, while Omar Al Emadi became acting CEO pending completion of Ahmed’s joining formalities.
DBS appointed Gautam Banerjee to group and bank boards in Singapore
DBS appointed Blackstone Singapore chairman Gautam Banerjee to the boards of DBS Group Holdings and DBS Bank, adding governance and professional-services experience from 1 October.
HypoVereinsbank appointed Sam Kendall to lead German client solutions business
HypoVereinsbank appointed UniCredit dealmaker Sam Kendall to its management board from 1 October, adding leadership of German client solutions while he retains his group advisory and financing role.
JPMorgan named Edward Bell to lead Sub-Saharan Africa investment banking
JPMorgan named Edward Bell head of Sub-Saharan Africa investment banking, putting the executive, who joined the bank in 2017, in charge of its investment-banking business across the region with immediate effect.
Saudi Investment Bank named Salman Al-Fagham CEO after accepting Al-Omran’s resignation
Saudi Investment Bank appointed Salman Al-Fagham as chief executive from 1 October after accepting Faisal Al-Omran’s resignation, following the Saudi central bank’s non-objection to the leadership change.
Rebecca Williams joins New Zealand central bank’s Monetary Policy Committee
New Zealand appointed Rebecca Williams to a one-year term on the Reserve Bank’s Monetary Policy Committee from 15 October, filling an internal seat vacant since March 2025.
HSBC appointed Alison Platt to board and remuneration committee chair role
HSBC appointed Alison Platt as an independent director from 1 October and plans for her to chair its remuneration committee in February 2027, subject to regulatory approval.
IMF selects Isabel Schnabel as financial counsellor from January 2027
The IMF selected ECB board member Isabel Schnabel as its next financial counsellor and Monetary and Capital Markets Department director, effective 4 January 2027, overseeing global financial-stability work.
Barclays appoints Wee Yee-Yeong to lead Singapore and Asia private bank
Barclays appointed Morgan Stanley executive Wee Yee-Yeong to lead its private bank in Singapore and Asia later in 2026, succeeding interim Singapore head Alexander Harrison as regional expansion continues.
Goldman Sachs appoints Simon Lyons as UK investment banking co-head
Goldman Sachs appointed veteran dealmaker Simon Lyons as co-head of UK investment banking, placing him alongside Nimesh Khiroya as the bank leads UK M&A league tables this year.
ECB president Lagarde leaves timing of her 2027 departure open
Christine Lagarde told Irish broadcaster RTÉ she would leave the European Central Bank in 2027 but declined to say whether she would stay until her term ends in October that year.
World Bank appoints Nobel laureate Michael Kremer as next chief economist
The World Bank appointed 2019 Nobel laureate Michael Kremer as chief economist and senior vice president for development economics, with the University of Chicago professor due to begin on 1 October.