101 Resignations from World Banks (Updated 2/29/12)
American Kabuki, 2.29.2012
101 Resignations from World Banks:
- 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UPhttp://cli.gs/x80u7sk
- 09/20/12 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.http://cli.gs/le7qon2
- 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisishttp://cli.gs/rn0tgj
- 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studerresigns as per end-April 2012http://cli.gs/9wpeq0q
- 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resignshttp://cli.gs/b14tv6l
- 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resignshttp://cli.gs/b14tv6l
- 11/01/12 (INDIA) More directors of the Beed district bank resignhttp://cli.gs/67gb6d
- 11/02/12 (UK) Lloyds Banking Group chief executive,António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 – DEFACTO RESIGNATION)http://cli.gs/xg4snc1
- 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resignhttp://cli.gs/gdm988q
- 12/15/11 (UK) Senior private banker James Flemingresigns from Coutts [private bank]http://cli.gs/icg7w7
- 12/23/11 (USA VA) Bank feud: Chairman Mark Gilesquits VNBhttp://cli.gs/n9mabhs
- 12/23/11 (USA VA) Bank feud: Board Member Claire Gargalli quits VNBhttp://cli.gs/n9mabhs
- 12/23/11 (USA VA) Bank feud: Board Member Leslie Disharoon quits VNBhttp://cli.gs/n9mabhs
- 12/23/11 (USA VA) Bank feud: Board Member Neal Kassell quits VNBhttp://cli.gs/n9mabhs
- 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resignshttp://cli.gs/1el9169
- 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Galia Maorsteps down after 16 yearshttp://cli.gs/6unkmlf
- 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps downhttp://cli.gs/wwcyl71
- 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirtonresigned from the Boardhttp://cli.gs/guoevyf
- 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrellleft the Board.http://cli.gs/x53cg1d
- 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps downhttp://cli.gs/m9vec4y
- 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resignshttp://cli.gs/s17bvj
- 1/19/12 (SPAIN) Spanish bank Santander’s Americas chiefFrancisco Luzon quitshttp://cli.gs/5greru
- 1/30/12 (UK) Butterfield Private Bank head Danny DixonSteps Downhttp://cli.gs/5b79fbd
- 1/20/12 (JAPAN) Normura’s head of wholesale bankingJasjit Bhattai quitshttp://cli.gs/x3hhykp
- 1/21/12 (Greece) Institute of International Finance negotiator Charles Dallara quits http://cli.gs/iq071x
- 1/21/12 (Greece) Institute of International Finance negotiator Jean Lemierre quitshttp://cli.gs/iq071x
- 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank GovAlan Bollard to Step Downhttp://cli.gs/11fnco2
- 2/01/12 (SOUTH AFRICA) ABSA [Barclay’s Bank] deputy CEO Louis von Zeuner resignshttp://cli.gs/ilk3bw0
- 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quitshttp://cli.gs/6brhb0
- 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of Februaryhttp://cli.gs/vodr08j
- 2/02/12 (VENEZUELA) Banking Crisis Arne Chaconarrested for Banking Corruptionhttp://cli.gs/6p4qud9
- 2/05/12 (USA – NY) Morgan’s investment banking chairman Joseph Perella quithttp://cli.gs/3ww27st
- 2/05/12 (USA – NY) Morgan Stanley investment bankingTarek Abdel-Meguid quithttp://cli.gs/3ww27st
- 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:http://cli.gs/0t4ba4
- 2/7/12 (USA) Bank Of America’s Mortgage Business ChiefBarbara Desoer Retireshttp://cli.gs/y5spl4b
- 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayarquitshttp://cli.gs/dfnp5ph
- 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)http://cli.gs/70dbtnx
- 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal (names not known)http://cli.gs/ttahvxk
- 2/9/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quitshttp://cli.gs/ahytwo9
- 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klanesteps downhttp://cli.gs/vr0sjf
- 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resignshttp://cli.gs/c93mgy8
- 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resignshttp://cli.gs/wcw6ff
- 2/14/12 (NICARAQUA) Nicaraqua Central Bank PresidentAntenor Rosales resignshttp://cli.gs/q5xaopa
- 2/14/12 (UK) Social finance pioneer Malcolm Haydayquits Charity Bankhttp://cli.gs/r69lqgu
- 2/15/12 (WORLD) World Bank CEO Zoellick resignshttp://cli.gs/72fyiupDid the White House tell the World Bank president that he’s out?http://cli.gs/ilii9a1
- 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEOAndrej Plos resignshttp://cli.gs/6olxu5w
- 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEOBozo Jasovic resignshttp://cli.gs/6olxu5w
- 2/15/12 (KENYA) Govenor of Kenyan Central BankNjuguna Ndung’u
to Resignhttp://cli.gs/bau9sue
- 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step downhttp://cli.gs/4nkoven
- 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps downhttp://business.thinkghana.com/pages/finance/201202/57429.php
- 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quitshttp://cli.gs/an8tv23
- 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resignshttp://cli.gs/twoigu
- 2/16/12 (UK) Royal Bank of Scotland Sr Equities TraderJason Edinburgh Arrestedhttp://cli.gs/nnlsmn3
- 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrestedhttp://cli.gs/nnlsmn3
- 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrestedhttp://cli.gs/nnlsmn3
- 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resignshttp://cli.gs/0d5ess
- 2/17/12 (USA) Goldman Sachs CEO Lloyd Blankfein out as by summerhttp://cli.gs/odkdp4r
- 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns http://cli.gs/sa7djft
- 2/18/12 (PAKISTAN) The Bank of Azad Jammu & Kashmir executive Zulfiqar Abbasi resigns http://cli.gs/ejjk61c
- 2/20/12 (RUSSIA) Head of Russian Bank RegulatorGennady Melikyan Steps Downhttp://cli.gs/92eda1a
- 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tanresignshttp://cli.gs/xujb5lv
- 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resignshttp://cli.gs/hogcc
- 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bankhttp://cli.gs/k8jfru9
- 2/20/12 (USA WA) First Financial Northwest DirectorSpencer Schneider Quitshttp://cli.gs/2bmr72
- 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resignshttp://cli.gs/kik1ddd
- 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd directorAbdul Matlub resigns
conflict of interest with director seat on unknown bankhttp://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd directorSelima Ahmad resigns
conflict of interest with director seat on unknown bankhttp://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd directorAbdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bankhttp://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bankhttp://cli.gs/a7vvmb2 - 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limitedhttp://cli.gs/a7vvmb2 - 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.http://cli.gs/uf759ex
- 2/22/12 (USA) Goldman Sachs Hedge Fund Group ChiefHoward Wietschner to Retirehttp://cli.gs/ikvo80v
- 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bankhttp://cli.gs/eq6pqbo
- 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns. http://cli.gs/auxu10f
- 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Raoresignshttp://cli.gs/ege43r2
- 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resignshttp://cli.gs/li9sab1
- 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resignshttp://cli.gs/5u9i14e
- 2/24/12 (USA) Evercore Partners Head Eduardo Mestresteps downhttp://cli.gs/wnxafp9
- 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs ChairmanStephen Fitzgerald quitshttp://cli.gs/7totmju
- 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps downhttp://cli.gs/5clft6j
- 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEOEbrahim Ebrahim quitshttp://cli.gs/wgyujp
- 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Downhttp://cli.gs/rk0scap
- 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resignshttp://cli.gs/52f6qqn
- 2/27/12 (JAPAN) Nomura’s Head Of Wholesale BankingJesse Bhattal Quitshttp://cli.gs/h77yc60
- 2/27/12 (INDIA) Kotak Mahindra Bank Ms Falguni NayarQuitshttp://cli.gs/kmjfmq
- 2/27/12 (GERMANY) Equiduct chairman Artur Fischersteps downhttp://cli.gs/rj2jp2b
- 2/27/12 (BAHRAIN) – Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resignshttp://cli.gs/ci9s3fy
- 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza KhaavariResigns – Flees to Canada!http://cli.gs/iodk071
- 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromiresignshttp://cli.gs/yi5c66
- 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps downhttp://cli.gs/n50yxmw
- 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quitshttp://cli.gs/wr3rgye
- 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quitshttp://cli.gs/exrndtm
- 2/28/12 (SINGAPORE) DBS security head Jim Pasqurellquits, cites health reasonshttp://cli.gs/kkbp2bl
- 2/28/12 (HONG KONG) Bank of America’s Asia-Pac. mrkts Brian Canniffe quitshttp://cli.gs/yrklslj
- 2/28/12 (BELGIUM) KBC’s CEO Jan Vanhevel is to retire after a career spanning 41 years.http://cli.gs/35yjxi0
- 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quitshttp://cli.gs/o6b5mo3
- 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m thefthttp://cli.gs/x2t1wsm
- 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retireshttp://cli.gs/jriaum5
- 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resignshttp://cli.gs/5d8qhmo
- 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps downhttp://cli.gs/atner3
- 2/29/12 (UK) Honister Capital CEO Richard Pearsonsteps downhttp://cli.gs/kmqsson
Author Note: Note: I have extensively edited this list, re-verified links, shortened URLs to make this list more readable. Its grown very rapidly over the past week and was getting unwieldy in its prior form. In some cases certain middle eastern bankers and European private bankers have managed to have their names removed from smaller blogs and news sites so I have updated those cases to larger news organizations less likely to bow to pressure. At the time of this posting all URLs listed work, I do not guarantee they always will. I have also added missing names (in bold) and those URLSs where more than one person was resigning I expanded the item to have one line each, since everyone who copies this to their blogs (wow did this spread far and wide!) views each instance as one banker resigning I thought I’d make this listing more reflect that viewpoint. I do not know under what circumstances these individuals have left their positions, I make no judgement on that. I just find the timing of so many resignations extremely curious and a bit of temporal marker in history of very high significance. No one should assume I make any judgement about the character of these people. I frankly don’t know their reputations except for a few rather famous ones. I don’t mind if you re-blog this listing, information wants to fly free, just do me a favor of including http://americankabuki.blogspot.com and this header when you do so. Save yourself the wear and tear on your karma. Thanks Kauilapele for the heads up on the broken links.