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594 BANKER RESIGNATIONS


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http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

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"Some big names on Wall Street are eager to step out of the spotlight after enduring years of financial-crisis turbulence and negative attention from politicians and protesters, said Peter Ressler, the chief executive of RMG Search."
594 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches. Abreviations used: CEO = Chief Executive Officer CFO = Chief Financial Officer CIO = Chief Investment Officer also can be Chief Information Officer (head of IT) COO = Chief Operating Officer EVP = Executive Vice President CRO = Chief Risk Officer INC = Incorporated (can be private held or publically traded shares) PLC = Public Limited Company (publicly traded shares can be listed or unlisted on stock market) LTD = Limited Company (privately held) LLC = American version of LTD, but can have a shareholder/member that is an INC, often hybrids of both AG = German version of PLC AB = Swedish version of PLC SA = Society Anonymous in various latin languages - same as PLC NV = Dutch version of PLC BV = Dutch version of LTD LP = Limited Partners (partnership with limited liability) REIT = Real Estate Investment Trust

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1. 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP http://goo.gl/NdW7q 2. 9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital. http://goo.gl/vuhvd 3. 9/08/11 (US OR)PremierWest chairman John Anhorn retires http://goo.gl/ltkXf 4. 9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jrgen Stark, who has resigned

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/t83S4 5. 9/09/11 (US OR) Chief investment officer for the Oregon State Treasury Ron Schmitz resigns. http://goo.gl/nZ88q 6. 9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns http://goo.gl/mCTgi 7. 9/12/11 (US PA) First Commonwealth Financial Corp, EVP strategic resources Thaddeus J. Clements resigns goo.gl/6ZMXF 8. 9/13/11 (US MA) Eastern Bank wealth management head Carol McMullen resigned http://goo.gl/DJSqC 9. 9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement http://goo.gl/UjUZY 10. 9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders. http://goo.gl/LjSI0 11. 9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns http://goo.gl/jWWv7 12. 9/16/11 (US FL) Atlantic Coast Bank President and Chief Operating Officer Robert Larison retires http://goo.gl/z3EJL 13. 9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy http://goo.gl/8yU5N 14. 9/19/11 (US MS) COO of Parkway Properties (REIT) William Flatt Resigns goo.gl/Y3kr4 15. 9/20/11 (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://goo.gl/Dx8qs 16. 9/20/11 (JAPAN) BLife Investment Corporation (Diawa House Asset Management) Director Masaomi Yamadaira resigns goo.gl/EYOau 17. 9/20/11 (US HI) First Hawaiian Bank's CEO Don Horner retires http://goo.gl/3rB82 18. 9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned http://goo.gl/Qx0Va 19. 9/23/11 (Singapore) Executive board director Rohit Bhagat has tendered his resignation to the board of BlackRock (Singapore) Limited and BlackRock Asset Management North Asia Limited. http://goo.gl/Nksjb 20. 9/23/11 (UK) UniCredit FX Global Head Nick Crawford Resigns http://goo.gl/JyWfT 21. 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over 1.5bn rogue trader crisis http://goo.gl/WCeqB 22. 9/25/11 (USA CA) American River Bankshares Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU 23. 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012 http://goo.gl/7dNiD 24. 9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimer resigned. http://goo.gl/o63jO 25. 9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns http://goo.gl/BzLn4 26. 9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiau resigned. http://goo.gl/VGxjv

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http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

27. 9/30/11 (ICELAND) Alternate board member of Iceland State Financial Investments Thrds Bjarnadttir resigns goo.gl/0c2em 28. 10/01/11 (Iceland)Chairman of Glitnir Bank's Resolution Committeerni Tmassonresigns http://goo.gl/EjuVy 29. 10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011 http://goo.gl/B8WK7 30. 10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India. http://goo.gl/yh2bF 31. 10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEO Albert Mmegwa resigned. http://goo.gl/Vc252 32. 10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris. http://goo.gl/udpBA 33. 10/05/11 (UK) UBS co-chief Franois Gouws of global equities had resigned after last months revelation of a $2.3 billion loss from unauthorized trading. http://goo.gl/OuUjr 34. 10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last months revelation of a $2.3 billion loss from unauthorized trading. http://goo.gl/OuUjr 35. 10/06/11 (US OR) CEO of CASCADE BANCORP Patricia Moss retires http://goo.gl/CBemC 36. 10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaene will give up his role on the board of Dexia's Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday. http://goo.gl/vyldE 37. 10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm. http://goo.gl/FMBjw 38. 10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned. http://goo.gl/GZCt5 39. 10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons. http://goo.gl/ip8Un 40. 10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned. http://goo.gl/TVLWO 41. 10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned. http://goo.gl/TVLWO 42. 10/13/11 (US OR) MBank CEO Rex Brittle resigns goo.gl/D48Vh 43. 10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry's Presidential campaign. http://goo.gl/R0PgH 44. 10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandez stepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co. http://goo.gl/vzTbY 45. 10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following outside interference with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the islands industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12] http://goo.gl/lEpz2 46. 10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1. http://goo.gl/l90be 47. 10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.

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http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/CXL7Z 48. 10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits. http://goo.gl/CXL7Z 49. 10/26/11 (US VA) The Federal Home Loan Mortgage Corporation, CEO Charles E. Haldeman will retire in 2012 goo.gl/CF4SF 50. 10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer. http://goo.gl/i1s3E 51. 10/27/11(US WA) Pacific International Bank CEO Woosung "Edward" Park abruptly resigns goo.gl/nJgkI 52. 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns http://goo.gl/fdd9v 53. 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns http://goo.gl/yWX9R 54. 10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns. http://goo.gl/ygG59 55. 11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names] http://goo.gl/HD8BQ 56. 11/02/11 (UK) Lloyds Banking Group chief executive, Antnio Horta-Osrio, 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://goo.gl/3L9gE 57. 11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November. http://goo.gl/oKUVZ 58. 11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him. http://goo.gl/tUaVY 59. 11/04/11 (SWITZERLAND) Hyposwiss Private Bank Ltd., Director Hans Bodmer resigns from the Board goo.gl/5ydhv 60. 11/05/11 (IRELAND)Bank of Ireland announces board shake-up. Director of the Board Denis Donovan resigns http://goo.gl/4JULU 61. 11/05/11 (IRELAND)Bank of Ireland Des Crowley resigns http://goo.gl/4JULU 62. 11/05/11 (IRELAND)Bank of Ireland non-executive director Paul Haran resigns http://goo.gl/4JULU 63. 11/05/11 (IRELAND)Bank of Ireland non-executive director Heather Ann McSharry resigns http://goo.gl/4JULU 64. 11/05/11 (IRELAND)Bank of Ireland non-executive director Dennis Holt resigns http://goo.gl/4JULU 65. 11/06/11 (GREECE) Marfin Investment Group. Greek Banking Tycoon Andreas Vgenopoulos surprise resignation from his own firm. http://goo.gl/LUxE2 66. 11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits. http://goo.gl/eum87 67. 11/07/11 (US MO) President Maurrice Sandfort retires from Bank of Missouri http://goo.gl/gpYj4 68. 11/07/11 (US MN) Bremer Bank President/CEO Gary Bigler retires http://goo.gl/BFHV9 69. 11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund http://goo.gl/bCUhI 70. 11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned. http://goo.gl/zuCJE

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http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

71. 11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned. http://goo.gl/zuCJE 72. 11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned. http://goo.gl/zuCJE 73. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned. http://goo.gl/zuCJE 74. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned. http://goo.gl/zuCJE 75. 11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghi resigned from the European Central Banks Executive Board. http://goo.gl/Invjc 76. 11/11/11 (HONG KONG) Goldman Sachs' Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years http://goo.gl/pejs3 77. 11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned http://goo.gl/3aTh2 78. 11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned. http://goo.gl/X1A4i 79. 11/15/11 (US NJ) GAIN Capital CFO Henry Lyons resigns http://goo.gl/3xC6L 80. 11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons. http://goo.gl/55CqZ 81. 11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning. http://goo.gl/Xqxsr 82. 11/17/11 (INDIA) Nomura India's investment banking head Nipun Goel resigns goo.gl/RaK9X 83. 11/17/11 (INDIA) Nomura India's Capital market division head Indraneil Borkakoty resigns goo.gl/RaK9X 84. 11/17/11 (INDIA) Nomura India's executive director Shubham Majumder resigns goo.gl/RaK9X 85. 11/18/11 (US WA) President and Chief Executive Officer of the Federal Home Loan Bank of Seattle Steven R. Horton retires goo.gl/cjJJD 86. 11/18/11 (US MD) Legendary mutual fund manager Bill Miller CIO of Legg Mason Capital Management and portfolio manager of LM Value Trust resigns goo.gl/YO4CJ 87. 11/18/11 (ICELAND) Horn Invest hf., Director of the Board of Gurn Ragnarsdttir resigned goo.gl/k54sv 88. 11/18/11 (ICELAND) CEO of Landsbankinn Steinthr Plsson resigned from the Board of Horn Invest hf. goo.gl/k54sv 89. 11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons. http://goo.gl/MLsp8 90. 11/19/11 (HK)CEO of Standard Chartered Bank (Hong Kong)Peter Wongsteps down 91. 11/21/11 (JAPAN) UBSs Japan Investment Banking Chairman Matsui to Resign http://goo.gl/OiDiq 92. 11/22/11(US TX) SWS Group Executive Vice President Paul D. Vinton retires http://goo.gl/0UG7W 93. 11/23/11 (GERMANY) CEO of Clearstream Banking AG, Frankfurt Andreas Wolf resigns and leaves the boards of Clearstream International S.A., Luxembourg and Deutsche Brse Group goo.gl/FE2TB 94. 11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12 http://goo.gl/oytcD

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

95. 11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns. http://goo.gl/x5Fl6 96. 11/28/11 (LATVIA) Latvias chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuanias Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lenders balance sheet were missing. http://goo.gl/mUvLF 97. 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank http://goo.gl/XncOc 98. 11/29/11 (NORWAY) Carnegie ASAs co-head of investment banking in Norway, Cato Holmsen, has resigned http://goo.gl/utIfy 99. 11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years. http://goo.gl/iGjB6 100. 11/29/11 (US MI)Chairman of Fentura's State BankForrest Shooksteps down http://goo.gl/0Kfg2 101. 11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas fired Kazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the countrys third-biggest deposit bank. http://goo.gl/EiqUC 102. 11/31/11 (AUSTRALIA) Commonwealth Bank CEO Sir Ralph Norris Australia's highestpaid banker, quits goo.gl/UBSmh 103. 12/01/11 (SRI LANKA) Sri Lanka's Securities and Exchange Commission (SEC) head Indrani Sugathadasa resigned. http://goo.gl/6qzny 104. 12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement http://goo.gl/ojDcu 105. 12/03/11 (USA SC) South Carolina's $25 billion pension fund chief investor Robert Borden resigned. Borden's resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system. http://goo.gl/ypK2G 106. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns http://goo.gl/peFGD 107. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires http://goo.gl/peFGD 108. 12/06/11 (US NV ) Western Liberty Bancorp CFO George Rosenbaum has resigned. http://goo.gl/ozuwB 109. 12/06/11 (US FL) SunTrust Banks Inc.'s Central Florida chairman Ray Sandhagen retires http://goo.gl/vD6E7 110. 12/07/12 (ITALY) CFO of Greater Rome Bank and CEO of Greater Rome Bancshares E. Grey Winstead III resigns http://goo.gl/UyEly 111. 12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonen resigned. http://goo.gl/a7Rhw 112. 12/08/11 (INDIA) Nomura's co-head of equity-linked solutions Neeraj Hora, resigns http://goo.gl/WYcjR 113. 12/09/11 (FRANCE) Klline, Executive board director Abdallah Hitti resigned. Klline is an electronic banking arm of the Group BNP PARIBAS . http://goo.gl/NpLqc 114. 12/12/11 (PAPUA NEW GUINEA) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries. http://goo.gl/6NiyY 115. 12/12/11 (PHILIPPINES) Former Development Bank of the Philippines (DBP) president Rey

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

David has resigned as board director of the Ongpin-led Philippine Bank of Communications (PBCom). http://goo.gl/chQYY 116. 12/12/11 (US IN)One of Indianas best-known bankers, Alvin Kit Stolen, is stepping down as president of Salin Bank. http://goo.gl/RY0Pk 117. 12/13/11 (US TX)Bank of America director D. Paul Jonesretires http://goo.gl/2EzMk 118. 12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the "Fund"), Portfolio Manager Paul David Austin Clark resigned http://goo.gl/YiagF 119. 12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year http://goo.gl/Xj0l4 120. 12/14/11 (IRELAND) AfricanAlliance I's portfolio manager Paul David Austin Clark resigns goo.gl/xhMkw 121. 12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns http://goo.gl/ANN5B 122. 12/16/11 (US WI)President of Westbury BankJim Podewilsresigns http://goo.gl/F3Rn9 123. 12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEO Glenn Squires has resigned http://goo.gl/8rAKb 124. 12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years. http://goo.gl/ScT47 125. 12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15 http://goo.gl/06c2b 126. 12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Banks Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group. http://goo.gl/06c2b 127. 12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found. http://goo.gl/IPOzf 128. 12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned. http://goo.gl/bbdeT 129. 12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank's firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him. http://goo.gl/3Q1Vg 130. 12/22/11 (Sweden) Nordea Bank's Bjrn Savn retires from the Board of Directors http://goo.gl/Yyvhs 131. 12/22/11 (Sweden)Nordea Bank's Director of the BoardBjrn Savnretire of his own accord http://goo.gl/dHBWp 132. 12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits http://goo.gl/dFDpH 133. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits http://goo.gl/kowkW 134. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits http://goo.gl/kstLp 135. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits http://goo.gl/NrrPZ 136. 12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving. http://goo.gl/iMe99 137. 12/23/11 (US NV) Chief financial officer of Western Liberty Bancorp George Rosenbaum resigns goo.gl/R9vey 138. 12/25/11 (Russia)Allianzs Russian Fund-Management Unit CEOOleg MazurovResigned http://goo.gl/ln3vP

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

139. 12/28/11 (US IN) STAR Financial Bank's Osborne Oz Morgan retires as Anderson resional president http://goo.gl/TTwdY 140. 12/28/11 (US MD) Chairman of First Mariner Bank Ed Hale retires http://goo.gl/MPeiT 141. 12/30/11 (Australia)Credit Suisses Head of Australian EquitiesJonathan GurnseyRetires http://goo.gl/Q7EZC 142. 12/30/11 (SRI LANKA) Sri Lanka Commercial Bank's director of the Board Mahendra Amarasuriya resigns http://goo.gl/m0jhN 143. 12/31/11 (US TX) Texas Capital Bank Houston Region chairman Jonathan Clarkson resigns http://goo.gl/BgYBI 144. 12/31/11 (PUERTO RICO) Popular, Inc. (Banco Popular) Michael Masin retires from the Board of Directors http://goo.gl/DwKgG 145. 12/31/11 (US CA) Wells Fargo Senior EVP Mark Oman retires goo.gl/T0OFC 146. 12/31/11 (US TX)Executive vice president of SWS Group Paul D. Vinton retires goo.gl/c9NGA 147. 12/31/11 (US OH) SVP of CSB Bancorp, Inc. and President and Chief Executive Officer of The Commercial and Savings Bank of Millersburg, Ohio Rick L. Ginther resigns http://goo.gl/18VlZ 148. 1/01/12 (US FL) OptimumBank Larry Willis left the board shortly after he was re-elected at the company shareholder meeting. goo.gl/GDcFX 149. 1/01/12 (SINGAPORE) Keppel's group finance director Teo Soon Hoe resigns goo.gl/nfPWd 150. 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns http://goo.gl/b6AoA 151. 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years http://goo.gl/xwlFt 152. 1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors. http://goo.gl/MuFa0 153. 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down http://goo.gl/joExI 154. 1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position. http://goo.gl/DP1uK 155. 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board http://goo.gl/SKE7j 156. 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board. http://goo.gl/bzZtQ 157. 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down http://goo.gl/zvo1L 158. 1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. ONeill has resigned. http://goo.gl/ZiWGL 159. 1/06/12 (US) CEO of Security Federal Tim Simmons retires http://goo.gl/RYtTm 160. 1/06/12 (JAMAICA) Founding partner Mark Golding resigns from Proven Investments Ltd. http://goo.gl/uOeY3 161. 1/06/12 (JAMAICA) Chairman of Proven Wealth and Proven Investment's management committee Peter Bunting resigns http://goo.gl/uOeY3 162. 1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIB announced retirement of CEO Nofal Barbar from its London office. http://goo.gl/yF0Mm 163. 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns http://goo.gl/5qsUu 164. 1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

M. Daley resigned http://goo.gl/34F0B 165. 1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires. http://goo.gl/XYCwJ 166. 1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors. http://goo.gl/l6QzM 167. 1/10/12 (LIECHTENSTIEN) LLB CEO and chairman Josef Fehr resigned . http://goo.gl/a4gTh 168. 1/10/12 (US DC) Fannie Mae (The Federal National Mortgage Association) Chief Executive Michael J. Williams resigns goo.gl/8dver 169. 1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June. http://goo.gl/jFbYA 170. 1/09/12 (UK) Northern Rock finance director Ann Godbehere quits a year after the bank is nationalisedis standing down to pursue other interests, it was announced yesterday. http://goo.gl/ctt52 171. 1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons. http://goo.gl/yAHgr 172. 1/11/12 (SWITZERLAND) La Banque Prive Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company. http://goo.gl/vWr3i 173. 1/11/12 (UK)Most senior foreign exec at Japans Nomura Tarun Jotwaniquits http://goo.gl/SYuw2 174. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires http://goo.gl/i2TVk 175. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires http://goo.gl/i2TVk 176. 1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning http://goo.gl/GN3h3 177. 1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May. http://goo.gl/fiUsU 178. 1/13/12 (ITALY) Banca Monte dei Paschi di Siena, CEO Antonio Vigniat one of Italys biggest and oldest banking groups ousted in top management overhaul http://goo.gl/bjUxZ 179. 1/13/12 (Italy) Banca Monte dei Paschi di Siena, president Giuseppe Mussariat asked to leave http://goo.gl/bjUxZ 180. 1/16/12 (UAE - DUBAI) Ajman Bank CEO Mubashar Khokhar resigns goo.gl/FJuYd 181. 1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager. http://goo.gl/3JuNJ 182. 1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires. http://goo.gl/83Z1i 183. 1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah's purview. http://goo.gl/e7vS7 184. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned. http://goo.gl/0PoIM 185. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned. http://goo.gl/0PoIM 186. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned. http://goo.gl/0PoIM 187. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

Hassan Al Ali resigned. http://goo.gl/0PoIM 188. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned. http://goo.gl/0PoIM 189. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned. http://goo.gl/0PoIM 190. 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business David Heller resigns. http://goo.gl/TMHvx 191. 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business Edward Eisler resigns. http://goo.gl/TMHvx 192. 1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forst resigns. http://goo.gl/TMHvx 193. 1/18/12 (US NJ) Lakeland Bancorp and Lakeland Bank, Director of the Board Paul G. Viall, Jr. retires. http://goo.gl/HQ9bd 194. 1/18/12 (SINGAPORE) Standard Chartered Banks global head of fixed income, Remy Klammersto resign http://goo.gl/UrOpI 195. 1/19/12 (UK) Santander, senior director Americas division Francisco Luzn is retiring with a pension pot of about 56m, a package whose generous size is expected to reignite controversy over bankers remuneration. http://goo.gl/XMRvP 196. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa' Sabaa resigned from board of directors. http://goo.gl/5Eze1 197. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors. http://goo.gl/5Eze1 198. 1/19/12 (US OH) President and CEO of the Federal Home Loan Bank of Cincinnati David Hehman retires http://goo.gl/iW0Bk 199. 1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits http://goo.gl/6FuWe 200. 1/20/12 (SOUTH AFRICA) First National Bank's sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on "special leave" for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action. Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets. http://goo.gl/NmGJP 201. 1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management, Scott C. Evans resigned http://goo.gl/f6qLs 202. 1/20/12 (SOUTH AFRICA) South African deputy economic development minister Enoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100million of their pension fund money. http://goo.gl/ZADvn 203. 1/20/12 (US GA) Chairman of the Board Morris Downing retires from Colony Bankcorp, Inc. http://goo.gl/3MK7e 204. 1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down http://goo.gl/sdY1p 205. 1/21/12 (SINGAPORE) ANZ Asia's private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking. http://goo.gl/hlHvG 206. 1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resigns

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/rcfJ3 207. 1/21/12 (US TX) City of Weslaco finance director Bret Mann; resigns 208. 1/22/12 (KENYA) National Bank of Kenya's (NBK) managing director, Mr Reuben Marambii, will resign before year end. http://goo.gl/c2n7r 209. 1/23/12 (SOUTH AFRICA) The South Africa Private Equity and Venture Capital Association (SAVCA) CEO JP Fourie resigned http://goo.gl/dmxFI 210. 1/23/12 (US OH) Ohio Legacy Corp. director of the Board Michael S. Steiner resigns http://goo.gl/9xTcc 211. 1/23/12 (US OH) Ohio Legacy Corp. director of the Board Heather Davis resigns http://goo.gl/9xTcc 212. 1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a director http://goo.gl/OjZFF 213. 1/24/12 (US KS) Capitol Federal Financial, Inc., Director of the Board B. B. Andersen retires http://goo.gl/q50yg 214. 1/24/12 (AUstralia) National Australia Bank currency strategist John Kyriakopoulos Resigns http://goo.gl/eoqeF 215. 1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Kimoon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far. http://goo.gl/bqXs8 216. 1/25/12 (Papua New Guinea) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries. http://goo.gl/vh3az 217. 1/25/12 (UK) SOFIA PROPERTY FUND LIMITED, Gerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited ("Ardel") where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company. http://goo.gl/kDfVv 218. 1/25/12 (Kazakhstan) Independent Director of Kazakhstan's BTA Bank Konstantin Korishchenko resigns http://goo.gl/lUl39 219. 1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd) has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Maes loan data. http://goo.gl/u9IdB and http://goo.gl/v94ik and http://goo.gl/tXQwP 220. 1/26/12 (US NJ)PHH Corp.'s director of the Board James Brinkley retires http://goo.gl/BhN3I 221. 1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugden resigned. http://goo.gl/VZYHY 222. 1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interests http://goo.gl/cVWnA 223. 1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officer Happy Ntshingila, will be taking up an "exciting position" outside banking http://goo.gl/cVWnA 224. 1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

after a 10-year career at the bank. http://goo.gl/cVWnA 225. 1/28/12 (US PA)S&T Bank'sBob Routresigns as Chief Financial Officer http://goo.gl/l3Nw3 226. 1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resigned http://goo.gl/Glvdn 227. 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down http://goo.gl/BwUgv 228. 1/29/12 (UAE) NBD, Emirates 's investment banking division CEO Suresh Kumar is leaving the bank http://goo.gl/S1x0F 229. 1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps down http://goo.gl/4SDW8 230. 1/30/12 (Malaysia) Dr Choong Tuck Yew has retired as director and chairman of OSK Investment Bank Bhd http://goo.gl/CYiwL 231. 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood http://goo.gl/CoLVS 232. 1/31/12 (Italy) Director and member of the Remuneration Committee Carlo Pesenti resigns from Unicredit http://goo.gl/HCXNQ 233. 1/31/12 (IRELAND) The Director of Corporate Enforcement Paul Appleby has announced his retirement at the end of next month. Mr. Appleby has held the position for the past 10 years since the office was first established in 2001. He has led the ODCE investigation into Anglo Irish Bank which is almost complete. http://goo.gl/vpq99 and The Director of Corporate Enforcement "pulls a stroke". The Head of the Garda Investigation team looking into 'events' in Irish banking quits and accepts a job with a bank. http://goo.gl/R0nis 234. 2/01/12 (US CT) President and CEO of the First National Bank of Suffield George W. Hermann resigns goo.gl/JLlHz 235. 2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns. http://goo.gl/WXxzw 236. 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns http://goo.gl/IP8nH 237. 2/01/12 (UK) Lloyds Bankging Group head of wholesale Truett Tate quits http://goo.gl/OqRVo 238. 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February http://goo.gl/vjO5M 239. 2/01/12 (Japan)Credit Suisses Paul Kuosteps Down as Japan CEO http://goo.gl/1F2Xm 240. 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption http://goo.gl/bb5sh 241. 2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beene resigned. http://goo.gl/K66eb 242. 2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors money to buy cars and watches. http://goo.gl/w068O 243. 2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned. http://goo.gl/cXB8u 244. 2/02/12 (Canada) VP of account management and sales in State Streets securities finance team in Canada Warren Maynard resigns http://goo.gl/IZ09h 245. 2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive Director Horst Geicke has resigned. http://goo.gl/r955T 246. 2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/ClTaq 247. 2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit http://goo.gl/pG2jF 248. 2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit http://goo.gl/bRv9K 249. 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://goo.gl/OhCEb 250. 2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City. http://goo.gl/kgS7M 251. 2/06/12 (CANADA) Director of Sprott Inc. Mark McCain resigns goo.gl/ZUVp8 252. 2/07/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires http://goo.gl/i7AUY 253. 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits http://goo.gl/fP03J 254. 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?) http://goo.gl/PiQSy 255. 2/07/12 (UK) Agneash Soft Commodities PLC, an investment company in mineral, announced resignation of its Chief Investment Officer Tom Winnifrith . http://goo.gl/LDgl9 256. 2/07/12 (US NY) BlackRock, General counsel Robert P. Connolly leaves goo.gl/l7c9v 257. 2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd - Resignation of Group Secretary Loren Wulfsohn http://goo.gl/K1pfn 258. 2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zai launched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake. http://goo.gl/tgamf 259. 2/08/12 (UAE) Emirates NBD makes top-level changes Bank's deputy chief executive officer Abdul Wahed Al Fahim has resigned. http://goo.gl/JUdNd 260. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 62 year old Monsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials. http://goo.gl/uztVU 261. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 49 year old Father Don Salvatore Palumbo of the socially popular parish of San Gaetano http://goo.gl/uztVU 262. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 37 year old Father Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR http://goo.gl/uztVU 263. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 85 year old Father Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the "Don of Cash". http://goo.gl/uztVU 264. 2/09/12 (IRELAND) SPL Investment Funds's director John Davey discharged goo.gl/h814P 265. 2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits http://goo.gl/8BuXy 266. 2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resigned http://goo.gl/CPO23 267. 2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO. http://goo.gl/ohHG3 268. 2/10/12 (NIGERIA) Peace Capital Market Limited Managing Director Sabinus Iroanya Chukwu resigns goo.gl/MlI5N 269. 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down http://goo.gl/DBKdc

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

270. 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns http://goo.gl/wMl5g 271. 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns http://goo.gl/GFvIy 272. 2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firms top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar. http://goo.gl/vgnq2 273. 2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011. http://goo.gl/drgHY 274. 2/13/12 (US PA) AmerisourceBergen CFO Michael DiCandilo Abruptly Leaves. http://goo.gl/ElyIk 275. 2/13/12 (US NH) New Hampshire Thrift CEO Stephen Ensign retires http://goo.gl/aZYAs 276. 2/13/12 (US NC)SVP and regional executive for Bank of North CarolinaWilliam H. 'Bill' McMurray IIIretires http://goo.gl/jm5lf 277. 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns http://goo.gl/iQ0n8 278. 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank http://goo.gl/uHp6C 279. 2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resigned http://goo.gl/scexo 280. 2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc. http://goo.gl/7h4O7 281. 2/14/12 (US MI) Fentura Financial Inc.'s Douglas Kelley resigns as CFO http://goo.gl/735Pj 282. 2/14/12 (US NC) North Carolina Bank Commissioner Joseph A. Smith, Jr.Resigns http://goo.gl/rUoof 283. 2/15/12 (SOUTH AFRICA) HPA - Hospitality Property Fund Limited, chairman Frank Berkeley resigned. http://goo.gl/wJmpR 284. 2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilleto resigned http://goo.gl/AW7X7 285. 2/15/12 (WORLD) World Bank CEO Zoellick resigns http://goo.gl/dHDSm Did the White House tell the World Bank president that he's out? http://goo.gl/wUOgb 286. 2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring. http://goo.gl/MQeGW 287. 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns http://goo.gl/SNsVI 288. 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns http://goo.gl/TyYiJ 289. 2/16/12(CHINA) Goldman Sachs Vice Chairman in Asia Pacific excluding Japan Mark Machin steps down goo.gl/mx4Hw 290. 2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned. http://goo.gl/LLNnD 291. 2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions. http://goo.gl/LLNnD 292. 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down http://goo.gl/yT6rS 293. 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down http://goo.gl/c7PtU

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

294. 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits http://goo.gl/CtmOU 295. 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns http://goo.gl/I7Alo 296. 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested http://goo.gl/WczHh 297. 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested http://goo.gl/I7Alo 298. 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested http://goo.gl/I7Alo 299. 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resigns http://goo.gl/4r16D 300. 2/16/12 (Bermuda) Global Specialised Opportunities 1 Limited Fund's Oliver BetzFletcher resigns from the Board of Directors http://goo.gl/ttD62 301. 2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40. http://goo.gl/I3NY8 302. 2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Raza resigns http://goo.gl/K8A2I 303. 2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer http://goo.gl/UjpzD 304. 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns http://goo.gl/1n1Nr 305. 2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned.. http://goo.gl/uDplK 306. 2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30 http://goo.gl/6il4F 307. 2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees. http://goo.gl/7UQxv 308. 2/17/12 (US OH) Chairman and CEO Doyle Lee of First Financial Bank retires http://goo.gl/uck4h 309. 2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns http://goo.gl/G0woP 310. 2/18/12 (Norway) Terra to Close Equity Trading Desk's CEO Stein Ole Larsen resigns After FSA Report http://goo.gl/gwNia 311. 2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public. http://goo.gl/1li3r 312. 2/20/12 (IRELAND) SPL Investment Funds's director Mike Kirby resigns goo.gl/nDW2T 313. 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down http://goo.gl/Unuez 314. 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns http://goo.gl/F5twL 315. 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns http://goo.gl/aA0RW 316. 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits http://goo.gl/6Dj0i 317. 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns http://goo.gl/DuMrm 318. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns conflict of interest with director seat on unknown bank http://goo.gl/aEmwB 319. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

conflict of interest with director seat on unknown bank http://goo.gl/aEmwB 320. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns conflict of interest with director seat on unknown bank http://goo.gl/aEmwB 321. 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns conflict of interest with director seat on unknown bank http://goo.gl/aEmwB 322. 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns conflict of interest with director seat on Eastland Insurance Company Limited http://goo.gl/aEmwB 323. 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://goo.gl/Z1rnw 324. 2/21/12 (Bangladesh) Social Islami Bank Limited's Taslima Akter resigned from the board in compliance with the Insurance Act 2010. http://goo.gl/yHdB9 325. 2/22/12 (US CA) PIMCO, Chairman of the board Vernon Wright resigned from the world's biggest bond fund. goo.gl/UeQWm 326. 2/22/12 (US CA) PIMCO board member Gregg Silver resigned from the world's biggest bond fund. goo.gl/UeQWm 327. 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits http://goo.gl/ppKno 328. 2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund's CEO John Stuart to resign http://goo.gl/ji7Q4 329. 2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire http://goo.gl/x4Zsr 330. 2/22/12 (UK) UBS AGs (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerlands biggest bank after 25 years at the firm. http://goo.gl/Dnxqh 331. 2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications. http://goo.gl/qmCh3 332. 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank http://goo.gl/DTL5S 333. 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns. 334. 2/23/12 (Canada) Bank of Montreal investment banking head Bill Butt to retire http://goo.gl/a4CIs http://goo.gl/KoEUI 335. 2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirby resigns for business reasons. http://goo.gl/9stPB 336. 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns http://goo.gl/5eUqU 337. 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns http://goo.gl/JIC9A 338. 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns http://goo.gl/6UJau 339. 2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down http://goo.gl/n5RLY 340. 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits http://goo.gl/nMTLW 341. 2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation. http://goo.gl/y4XXF

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

342. 2/25/2012 (LUXEMBOURG) European Investment Bank, director of the Board Sigmund Lubanski resigns goo.gl/hA9Vu 343. 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down http://goo.gl/8lxSw 344. 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits http://goo.gl/yKjzL 345. 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns http://goo.gl/hhHSm 346. 2/27/12 (FRANCE) Societe Generales Investment Banking Chief Michel Preti Steps Down http://goo.gl/IJ5Lw 347. 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns http://goo.gl/eVCS5 348. 2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps down http://goo.gl/Q0dWR 349. 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada! http://goo.gl/DDEUk 350. 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns http://goo.gl/ZD0mc 351. 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down http://goo.gl/dsXcE 352. 2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned. http://goo.gl/hgbuc 353. 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits http://goo.gl/Uo800 354. 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits http://goo.gl/26MYq 355. 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons http://goo.gl/NDJze 356. 2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits http://goo.gl/cRkCP 357. 2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years. http://goo.gl/1rCWd 358. 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits http://goo.gl/HIYXv 359. 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft http://goo.gl/ggPvq 360. 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires http://goo.gl/YxvNA 361. 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns http://goo.gl/F0UgN 362. 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate http://goo.gl/7aLRU 363. 2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013 http://goo.gl/LkJhV 364. 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns http://goo.gl/n6uoM 365. 2/28/12 (US IN) Regional chairman of PNC bank in Indy to retire Steve Stitle http://goo.gl/Zo00r 366. 2/29/12 (US KY)PNC Bank regional presidentHarry Richart IIIretires http://goo.gl/Hjhro 367. 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down http://goo.gl/Jh9jd 368. 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down http://goo.gl/014or 369. 2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, We feel that (Winston) Brassington knows everythingA to Z about all the transactions, said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

American Kabuki: 594 BANKER RESIGNATIONS

subpoenaed to appear before the Parliamentary Economic Sector Committee. http://goo.gl/L7I35 370. 2/29/12 (US AR) Human resources and operations manage Wanda Tormey to retire from Decatur State Bank http://goo.gl/iW6XN 371. 2/29/12 (London) Bank of Tokyo's EMEA Loan Syndicate Head Francesco Carobbi Said to Quit http://goo.gl/tKBQk 372. 3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits http://goo.gl/wACrI 373. 3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition. http://goo.gl/3llyT 374. 3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits http://goo.gl/nA8g9 375. 3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets http://goo.gl/SI7kT 376. 3/01/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerlands largest bank, it is not clear where he is going. http://goo.gl/BGugF 377. 3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires http://goo.gl/uEqDV 378. 3/01/12 (ICELAND) Icelands Financial Supervisory Authority (FSA) fired its director Gunnar Andersen http://goo.gl/VG9q5 379. 3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officer Brad Child will retire http://goo.gl/vcERz 380. 3/02/12 (USA NC) North Carolina Retirement Systems, Chief investment officer Shawn Wischmeier resigned. http://goo.gl/zx2tU 381. 3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quits http://goo.gl/B9dR0 382. 3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm. http://goo.gl/8kZuc 383. 3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement. http://goo.gl/ZEUwf 384. 3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign http://goo.gl/npBe2 385. 3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns http://goo.gl/wFSV8 386. 3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman http://goo.gl/BhZ0F 387. 3/02/12 (Canada) National Bank Announces the Retirement of Rejean Levesque http://goo.gl/uol12 388. 3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended http://goo.gl/w99tD 389. 3/03/12 (ETHIOPIA) Dashen Banks board dismisses president Leulseged Teferi http://goo.gl/Y801M 390. 3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home 44541444 http://goo.gl/GSOUN and http://goo.gl/x94ID and http://goo.gl/gGgLP 391. 3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns http://goo.gl/fmNxY

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American Kabuki: 594 BANKER RESIGNATIONS

392. 3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits http://goo.gl/gubPj 393. 3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned http://goo.gl/pNx0l 394. 3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down http://goo.gl/RPqOp 395. 3/05/12 (UK) Jupiter fund co-manager John Hamilton steps down http://goo.gl/RPqOp 396. 3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director http://goo.gl/gX7wu 397. 3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned http://goo.gl/u6BT4 398. 3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down. http://goo.gl/iAEYB 399. 3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years. http://goo.gl/iAEYB 400. 3/06/12 (FRANCE) Blackstone Group's Paris office leader Jean-Michel Steg will step down http://goo.gl/w3Ca5 401. 3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director http://goo.gl/oMwv6 402. 3/06/12 (JAMAICA) Jamaicas Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon. http://goo.gl/FBwFo 403. 3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring. http://goo.gl/F1O4v 404. 3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. http://goo.gl/8oi7C 405. 3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011. http://goo.gl/qc3jB 406. 3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenig has resigned from the board. http://goo.gl/ZIkvQ 407. 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Risk Officer Hugo Baenzigeri to resign http://goo.gl/MWqsH 408. 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Operating Officer Hermann-Josef Lamberti to resign http://goo.gl/MWqsH 409. 3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO http://goo.gl/rfhWN 410. 3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service http://goo.gl/RHllr 411. 3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities. http://goo.gl/CpEzZ 412. 3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board http://goo.gl/3yQDS 413. 3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board

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American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/3yQDS 414. 3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board http://goo.gl/3yQDS 415. 3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns http://goo.gl/3yQDS 416. 3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading http://goo.gl/jqbYY 417. 3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month http://goo.gl/v8tcT 418. 3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs http://goo.gl/09VqT 419. 3/07/12 (HAITI) FORMER DIRECTOR HAITI CENTRAL BANK SLAIN! 44541444 http://goo.gl/UtVz3 420. 3/07/12 (FRANCE) Socit Gnrale Private Banking, Daniel Truchi is to step down as head of Socit Gnrale Private Banking http://goo.gl/XhgJ9 421. 3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australias largest ATM operator http://goo.gl/eZJMb 422. 3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers Retirement System resigns http://goo.gl/ub0ke 423. 3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capitals tune http://goo.gl/Zv6Ny 424. 3/07/12 (US NH) Susan Goodwin to Retire from Meredith Village Savings Bank http://goo.gl/jEohF 425. 3/07/12 (US TN) Dwight Grizzell Mountain National president and CEO, retires http://goo.gl/h6oJO 426. 3/08/12 (UK) Schroders, Chairman Michael Miles depart as fees, inflows drop. UK's biggest fund management firm. goo.gl/TgURM 427. 3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down http://goo.gl/ZTtYo 428. 3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe http://goo.gl/x5snO 429. 3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years http://goo.gl/8KVKn 430. 3/08/12 (GERMANY) Clearstream Banking AG Katja Rosenkranz To Leave Deutsche Brse Group [stockmarket] http://goo.gl/RiVNi 431. 3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this year http://goo.gl/AV7Sk 432. 3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned. http://goo.gl/MyQ90 433. 3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer's decision. Treasury officials said he even canceled his participation in the office's annual Purim party in order to convince Fischer to reverse his decision. http://goo.gl/0DlSA 434. 3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires. http://goo.gl/SjSPg 435. 3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires. http://goo.gl/SjSPg 436. 3/08/12 (Germany) Managing director and European head of securities lending at Deutsche Bank Ben Sofoluwe has left the company http://goo.gl/uDnPZ

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American Kabuki: 594 BANKER RESIGNATIONS

437. 3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament. http://goo.gl/RDmNx 438. 3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund - the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally. http://goo.gl/2T4R6 439. 3/09/12 (Cte dIvoire) Banque Central des Etats dAfrique de lOuest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post. http://goo.gl/CevLn 440. 3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis. http://goo.gl/3gzbi 441. 3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguy resigned. http://goo.gl/5Ti2p 442. 3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down. http://goo.gl/5Ti2p 443. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resigned http://goo.gl/sE7xh 444. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned. http://goo.gl/sE7xh 445. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned. http://goo.gl/sE7xh 446. 3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank. http://goo.gl/ieNea 447. 3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns. http://goo.gl/9uKVx 448. 3/09/12 (US OH) MORPC leader Chester Jourdan resigns http://goo.gl/FIwVh 449. 3/09/12 (US OH) Park National Corp.s chief financial officer John Kozak retires http://goo.gl/hUS18 450. 3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank. http://goo.gl/G6MD 451. 3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit. http://goo.gl/vAMzV 452. 3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wen resigned. http://goo.gl/55CqZ 453. 3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director. http://goo.gl/6CYGP 454. 3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns http://goo.gl/hevqh 455. 3/12/12 (USA CA) Californias Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving. http://goo.gl/zquTc 456. 3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits http://goo.gl/LDz9b 457. 3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April. http://goo.gl/4DF6i 458. 3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down

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American Kabuki: 594 BANKER RESIGNATIONS

following a restructuring of the business. http://goo.gl/SUHqW 459. 3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders. http://goo.gl/z19wH 460. 3/12/12 (UK) Park Hill Group - Blackstone Groups fundraising advisory arm, Managing Partner of private equity and hedge fund distribution Chris Leach resigns http://goo.gl/jnHax 461. 3/12/12 (UK) Park Hill Group - Blackstone Groups fundraising advisory arm, Managing Partner Justin Bower resigns http://goo.gl/jnHax 462. 3/12/12 (UK) The chief executive David Rutter of the electronic broking business at interdealer broker Icap stepping down. http://goo.gl/sxk4y 463. 3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns. http://goo.gl/yX4xo 464. 3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser http://goo.gl/1K9zV 465. 3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end. http://goo.gl/lvzgC 466. 3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down. http://goo.gl/oxmbL 467. 3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fay has resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the optionsmarket operators oversight of traders. http://goo.gl/gj4W6 468. 3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step down http://goo.gl/UjO2e 469. 3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls "other interests." http://goo.gl/iaqQf 470. 3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resigned http://goo.gl/iaqQf 471. 3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank. http://goo.gl/FntUz 472. 3/13/12 (UK) Capulas Systemic Trading Head Qiang Dai to Leave Fund http://goo.gl/zkrN2 473. 3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months. http://goo.gl/dzBW8 474. 3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestl SA owns 58.8% of Osem. http://goo.gl/t032l 475. 3/13/12 (USA) Paulson & Co.'s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fund http://goo.gl/I8UNd 476. 3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australias main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nations sovereign-wealth funds. http://goo.gl/gJN33 477. 3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm. http://goo.gl/MV65V 478. 3/13/12 (UK) SVG Chairman Nicholas Ferguson retires. http://goo.gl/hTDDY 479. 3/13/12 (UK) SVG Director Edgar Koning retires. http://goo.gl/hTDDY 480. 3/13/12 (UK) SVG Director Denis Raeburn retires. http://goo.gl/hTDDY

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American Kabuki: 594 BANKER RESIGNATIONS

481. 3/13/12 (UK) SVG Director Francis Finlay retires. http://goo.gl/hTDDY 482. 3/13/12 (UK) Nomura's Kieran Higgins co-head of fixed income for Europe, the Middle East and Africa sacked http://goo.gl/qK80I 483. 3/13/12 (UK) Nomura Holdings Inc. (8604), Japans biggest securities firm, will cut about 30 managers in its fixed income unit based in London, Peter Hornick head of fixed income sales for the Americas sacked http://goo.gl/qK80I 484. 3/14/12 (UK) Global head of financial institutions strategic financing and solutions at Royal Bank of Scotland Antonion Polverino leaves http://goo.gl/4pp3I 485. 3/14/12 (UK) Goldmand Sachs, executive director and head of the firms United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today. http://americankabuki.blogspot.com/2012/03/why-i-am-leaving-goldman-sachs.html 486. 3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire http://goo.gl/Mhjb5 487. 3/14/12 (UK) WorldSpreads, CEO Conor Foley resigns http://goo.gl/GgT4z 488. 3/15/12 (US WA) HomeStreet Bank, EVP and CFO David Hooston resigns goo.gl/UUlc0 489. 3/15/12 (DENMARK) Sparekassen Faaborg board member Steen Grnved Nielsen resigns http://tinyurl.com/6rd3m74 490. 3/15/12 (UK) RBC Capital Markets head of SSA syndicate desk Noel Williams resigns http://tinyurl.com/7zcf4z8 491. 3/15/12 (UK) Novia London sales manager Dave Chassell quits http://tinyurl.com/7gx6sn2 492. 3/15/12 (US CA) Prosper Finance (online venture captial services) CEO Chris Larsen steps down http://tinyurl.com/6lhu8xx 493. 3/15/12 (UK) The Royal British Legions (fund) director of corp. communications Stuart Gendall resigns http://tinyurl.com/7bhtysl 494. 3/15/12 (IRELAND) President of Sinn Fein USA (fund) Larry Downes steps down http://tinyurl.com/7uqnwcg 495. 3/16/12 (AUSTRALIA) Investorfirst CFO and company secretary Ariel Sivikofsky resigns http://tinyurl.com/7jdshty 496. 3/16/12 (MALAYSIA) Amanah Raya Bhd (trust) managing director Datuk Ahmad Rodzi Pawanteh steps down http://tinyurl.com/7wbujpm 497. 3/16/12 (UK) Towry (investment & fin. advice) Non-exec chairman Glyn Jones steps down http://tinyurl.com/83g3y8b 498. 3/16/12 (GERMANY) Deutsche Bank Chief risk officer (CRO)of Hugo Bnziger steps down http://tinyurl.com/7pmal9k 499. 3/16/12 (US IL) Henderson Global Investors Inc. head of the International Opportunities Fund Iain Clark steps down http://tinyurl.com/7kfxz3j 500. 3/16/12 (US CA) Executive VP and Chief Compliance Officer of Heritage Bank of Commerce Margaret Incandela resigns http://tinyurl.com/6wcaqaz 501. 3/16/12 (US VA) Genworth Financial board member J. Robert Kerrey resigns to campaign for senate seat http://tinyurl.com/7566f74 502. 3/16/12 (UK) CEO of the FSA (Financial Services Authority) Hector Sants to leave http://tinyurl.com/7av7v5n> 503. 3/19/12 (US IA) ISU Foundation (fund), President and CEO of the Dan Saftig to step down http://tinyurl.com/7jvb24x 504. 3/19/12 (BRAZIL) HSBC Brazil CEO Conrado Engel steps down http://tinyurl.com/89uayoo 505. 3/19/12 (UAE) Finance head at SNR Denton Islamic Sheikh Muddassir Siddiqui

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American Kabuki: 594 BANKER RESIGNATIONS

resignsto pursue advisory role http://tinyurl.com/84avxch 506. 3/19/12 (SWITZERLAND) Julius Baer banks chairman Raymond Baer steps down in a surprise departure http://tinyurl.com/84gcl3z 507. 3/19/12 (GERMANY) Deutsche Bank, asset management chief Kevin Parker to leave executive committee http://goo.gl/ahZlJ 508. 3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee http://goo.gl/wRZkU 509. 3/19/12 (HONG KONG) China Development Bank HK branch CEO Di Weiping retires http://tinyurl.com/7xcskmp 510. 3/19/12 (US ID) SunTrust Bank president and CEO Thomas Rueger to retire http://tinyurl.com/7n2l6sr 511. 3/19/12 (SWEDEN) AP6 (private equity) CEO Marianne Dicander Alexandersson steps down http://tinyurl.com/7bnvygp 512. 3/19/12 (SWITZERLAND) FINMA (Swiss Financial Market Supervisory Authority) Vicechair Monica Mchler to step down http://tinyurl.com/7r9akho 513. 3/19/2012 (US DE) David Folkwein, interim president and chief executive officer of Delaware County Bank, is leaving the position effective June 22 http://goo.gl/p6nxa 514. 3/19/12 (Greece) Greek finance minister Venizelos resigns to head Socialist party http://goo.gl/XMdQw 515. 3/19/12 (BRAZIL) HSBC Brazil Chief Executive Conrado Engel Steps Down http://goo.gl/LvtXe 516. 3/16/12 (Cyprus) Cyprus Finance Minister Kikis Orcel resigns in spite of president's plea to stay http://goo.gl/tbJI2 517. 3/20/12 (KUWAIT) National Investments Co. chairman Yousef Al Majid resigns http://tinyurl.com/7maw3xx 518. 3/20/12 (UK) Bank of America, Co-head of distressed debt at Michael Guy resigns http://tinyurl.com/75eml6v 519. 3/20/12 (US PA) Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board http://tinyurl.com/6rxqeo9 520. 3/20/12 (US TX) Acquisition chief Dan Magder quits Lone Star Investments http://tinyurl.com/6qm2rj4 521. 3/20/12 (NIGERIA) Chairman of House Committee on Capital Markets Hon. Herman Hembe resigns due to allegations of bribery http://tinyurl.com/7r6dk54 522. 3/20/12 (Hong Kong) Head of Deutsche Bank Asia-Pac Loh Boon Chye quits http://tinyurl.com/6muckmq 523. 3/20/12 (US NY) Deutsche Bank, head of asset management Kevin Parker steps down from executive committee goo.gl/4NO66 524. 3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO Josef Ackermann exits with pension of 18.7 million http://goo.gl/eiF39 525. 3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London. http://goo.gl/rVFz0 526. 3/21/12 (GERMANY) Deutsche Bank AG, Co-head Wolfgang Hammes leaves http://tinyurl.com/74ks8jk 527. 3/21/12 (UK) Aviva Investors European equity head John Botham exits http://tinyurl.com/7qwlc26 528. 3/21/12 (CANADA) National Banks Ontaria, Atlantic region manager Mike Miller leaves http://tinyurl.com/7kq4bdp 529. 3/21/12 (UK) Royal Bank of Scotland Groups global head of equity prime services Gregory Wagner resigns http://tinyurl.com/6vz8f8k

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American Kabuki: 594 BANKER RESIGNATIONS

530. 3/21/12 (US DC) Liquidity Services Inc, Chief information officer Eric Dean resigns http://tinyurl.com/7v2c4ku 531. 3/21/12 (US NC) Bank of America Corp.s salesman Michael Miller resigns http://goo.gl/S4mwQ 532. 3/21/12 (US NC) Bank of America Corp.s salesman John Livingstone resigns http://goo.gl/S4mwQ 533. 3/21/12 (US NC) Bank of America Corp.s Michael Case, a director of commercial mortgage security banking, resigns http://goo.gl/S4mwQ 534. 3/21/12 (US NC) Bank of America Corp.s John Eck, a managing director of asset-based trading, resigns http://goo.gl/S4mwQ 535. 3/21/12 (US NC) Bank of America Corp.s Seth Jacker, a managing director of mortgage sales, resigns http://goo.gl/S4mwQ 536. 3/21/12 (US NC) Bank of America Corp.s John McNiff, a managing director who served as co-head of trading in commercial mortgage securities, resigns http://goo.gl/V1c9R 537. 3/21/12 (US NY) JP Morgan's adjustable-rate mortgages trader Roy Kim resigns http://goo.gl/qvUH9 538. 3/21/12 (US NY) JP Morgan's securitized-products salesman John Angelica resigns http://goo.gl/qvUH9 539. 3/21/12 (US NY) JP Morgan's co-head of trading in subprime mortgages Raphael Gonzalez resigns http://goo.gl/qvUH9 540. 3/21/12 (US TN) Chief financial officer for First Security Group, parent of FSGBank, William L. Chip Lusk Jr. Leaves. http://goo.gl/fNEg2 541. 3/22/12 (UK) Global equity head Neil Rogan resigns from Henderson Global Investors http://tinyurl.com/7v2c4ku 542. 3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund Bert Tibben step down http://goo.gl/NHE94 543. 3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS http://goo.gl/AVXL2 544. 3/22/12 (UK) Bank of America Corp, Jonathan Moulds steps down, helped build the banks over-the-counter derivatives trading business and held positions including global head of rate derivatives trading, head of global derivatives and head of global rates and commodities. http://goo.gl/AVXL2 545. 3/22/12 (CHINA) China Construction Bank, Zhang Enzhao resigns in the wake of bribery and corruption accusations Bank. http://goo.gl/WfAio 546. 3/22/12 (SWITZERLAND) Lombard Odier Investment Managers, Chief Investment officer for equities Aziz Nahas of , the asset management arm of the Swiss private bank resigns. http://goo.gl/ny7dI 547. 3/23/12 (SWITZERLAND) Credit Suisse, Peter Weibel will be resigning from the Board of Directors of both Credit Suisse Group AG and Credit Suisse AG as of the next Annual General Meeting on April 27, 2012. http://goo.gl/USGHQ 548. 3/23/12 (JAPAN) The head of Asia-Pacific at UBS Global Asset Management Christof Kutscher steps down http://goo.gl/mUbqo 549. 3/25/12 (EGYPT) National Bank of Egypt, CEO Tarek Amer said that he will step down from his position at the end of 2012. http://goo.gl/tC7Ma 550. 3/26/12 (HONG KONG) JP Morgan's most senior banker in Asia-Pacific, Gaby Abdelnour, will quit this summer to pursue personal interests http://goo.gl/1J5ks 551. 3/27/12 (ITALY) UniCredit SpA, Dieter Rampl to resign as chairman of the Italian bank, saying he would step down on April 19. Rampl will represent the bank on the board of Mediobanca (MB.MI), a smaller Italian bank in which UniCredit has a stake. http://goo.gl/D3JTR 552. 3/28/12 (RUSSIA) Bank of America sales director, George Kogan, who worked in Moscow leaves firm. http://goo.gl/ivXhp

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American Kabuki: 594 BANKER RESIGNATIONS

553. 3/28/12 (RUSSIA) Bank of America, Dir. of equity sales trading, Ekaterina Myasina who worked in Moscow leaves firm. http://goo.gl/ivXhp 554. 3/28/12 (RUSSIA) Bank of America Sales Traders Alexander Orekhov who worked in Moscow left the firm. http://goo.gl/ivXhp 555. 3/28/12 (ZIMBABWE) CBZ Holdings, CEO Nyasha Makuvise has stepped down after serving for 16 years. http://goo.gl/9Zxtn 556. 3/29/12 (SRI LANKA) Seylan Bank, Eastman Narangoda steps down. http://goo.gl/l6llO 557. 3/29/12 (USA CT) Union Savings Bank CEO Jay C. Lent abruptly resigned Thursday, saying his "his heart is no longer into managing the Danbury lender". Lent, who took a three month leave of absence in October, cited personal reasons for his departure after spending 11 years at the bank. http://goo.gl/sXZP6 558. 3/30/12 (INDIA) IDBI Bank has announced that Mr Rakesh Singh, a director, has resigned from the bank's board. This follows his appointment as Chief Secretary of Punjab. Mr Singh, who was additional Secretary in the Department of Financial Services, was a Government nominee in IDBI Bank's board. He took charge as Chief Secretary of Punjab on March 26. http://goo.gl/aKwmp 559. 3/30/12 (UK) Bank of America Merrill Lynch, President of European business, Jonathan Moulds, is set to step down to pursue philanthropic activities, after almost two decades at the bank. http://goo.gl/wdXRa 560. 3/31/12 (HONG KONG) Credit Suisse Hong Kong Private Bank Location Head, James Hong, Steps Down http://goo.gl/HUXI9 561. 4/02/12 (UK) Royal Bank of Scotland, Simon Taylor, head of equities sales trading at Royal Bank of Scotland, has left the to rejoin JP Morgan after four years. http://goo.gl/46TnS 562. 4/02/12 (AUSTRIA) RZB, CEO Walter Rothensteiner resigned two years before the expiration of his term in office. http://goo.gl/OteIR 563. 4/02/12 (UK) British Bankers Association (BBA), CEO Angela Knight, to step down as CEO in the summer. The BBA is a century-old lobby group that oversees the London interbank offered rate (LIBOR). http://goo.gl/G9MDq 564. 4/02/12 (UK) J.P. Morgan Cazenove, One of London's most prominent bankers was fined 450,000 pounds for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by regulators to target high-profile figures. Top "rainmaker" Ian Hannam resigned on Tuesday, to fight the fine imposed by the Financial Services Authority (FSA) in relation to 2008 emails that contained information about one of his clients, Heritage Oil. The gruff former special forces soldier, who rose from humble beginnings, is the fifth person to be fined in relation to improper disclosure this year by the regulator, which has previously been accused of being ineffectual in its fight against financial crime. Of the five, Hannam is the most prominent. http://goo.gl/wmO42 565. 4/02/12 (NETHERLANDS) Rabobank Group Kees Beuving will step down as Chairman of the current Board of Management of Friesland Bank. He is making way for new members of the Board of Management. http://goo.gl/dkykr 566. 4/02/12 (NETHERLANDS) Rabobank Group Anne Vlaskamp has stated that, after 37 years of service at the bank, he sees this as a natural moment to step down and to give the new Board of Management the space to guide the integration. http://goo.gl/dkykr 567. 4/02/12 (JAPAN) UBS AG, chief equity strategist Shoji Hirakawa has left the firm http://goo.gl/EtHOj 568. 4/02/12 (JAPAN) UBS AG, Fumihide Goto, an analyst covering makers of electronic parts has left the firm .http://goo.gl/EtHOj 569. 4/02/12 (JAPAN) UBS AG, Shinsuke Iwasa, who covered media stocks has left the firm. http://goo.gl/EtHOj 570. 4/02/12 (JAPAN) UBS AG, Aya Fujiki, an insurance company analyst, has also left the company

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American Kabuki: 594 BANKER RESIGNATIONS

http://goo.gl/EtHOj 571. 4/03/12 (CHILE AND PERU) Deutsche Bank, Chairman for Chile and Peru, Jos Miguel Alcalde, has resigned after almost twelve years at the institution by his desire to spend more time with his family. http://goo.gl/ArQfA 572. 4/03/12 (INDIA) Avigo Capital Partners buyout specialist Girija Tripathy Quits, To Start Own Fund http://goo.gl/VjvqV 573. 4/03/12 (INDIA) BSE Ltd, Madhu Kannan quits to join Tata Sons. Kannan was instrumental in launching currency derivatives, SME Exchange and derivatives of four global indices trading on the exchange platform. http://goo.gl/4l6au 574. 4/03/12 (CYPRUS) Bank of Cyprus PLC, Christakis Christofides has resigned as a director effectove March 31, 2012. http://goo.gl/aNzSN 575. 4/04/12 (USA NY) Shearman & Sterling senior partner Rohan Weerasinghe has left the US firm to take up a new role at Citi. Weerasinghe will take up his new position as general counsel and company secretary at the Wall Street investment bank. http://goo.gl/4QUbK 576. 4/05/12 (USA NY) Brian Sack to Resign from New York Federal Reserve Bank http://goo.gl/E8RCo see also http://americankabuki.blogspot.com/2012/04/ny-federalreserve-markets-group-chief.html 577. 4/05/12 (UK) HSBC Holdings Plc (HSBA), Europes largest bank, said commercial banking chief Sandy Flockhart will step down after 37 years at the company. http://goo.gl/lkGBy 578. 4/05/12 (EGYPT) Credit Agricole Egypt bank, Mohamed Lotfy Mansour resigned from his post as the CEO of the bank. Family members of two Mubarak-era ministers have left their posts on the board of Credit Agricole Egypt bank, state-run news agency MENA reported Tuesday. The Maghrabi and Mansour families together own 17 percent of the Cairo banks total capital of LE1.14 billion. Last year, an Egyptian court sentenced Maghrabi to five years in prison on charges of profiteering and abusing public funds. http://goo.gl/suq4f 579. 4/05/12 (EGYPT) Credit Agricole Egypt bank, Yaseen Mansour resigned as a board member. For details see Mohamed Lotf Mansour above. http://goo.gl/suq4f 580. 4/05/12 (EGYPT) Credit Agricole Egypt bank, Youssef Mansour resigned as a board member. For details see Mohamed Lotf Mansour above. http://goo.gl/suq4f 581. 4/06/12 (UAE - DUBAI) Deutsche Bank: MENA, Henry Azzam, the chairman of its Middle East and North Africa operations and one of the region's most senior bankers, has stepped down. http://goo.gl/UXua1 582. 4/06/12 (UAE - DUBAI) Shuaa Capital CEO Michael Philipp has stepped down http://goo.gl/E9IqA 583. 4/07/12 (MALTA) Fimbank director directors Grard Lohier resigns http://goo.gl/5IgRy 584. 4/07/12 (MALTA) Fimbank director directors Pierre-Olivier Fragnire resigns http://goo.gl/5IgRy 585. 4/09/12 (USA FL) Florida Bank Chief credit officer Thomas Croom resigned as EVP and chief credit officer of Florida Bank. Croom resigned to pursue other employment opportunities. http://goo.gl/eFgSy 586. 4/09/12 (USA NY) Pioneer Bank CEO Eileen Bagnoli to retire after 40 years. http://goo.gl/e9I72 587. 4/09/12 (UK) HSBC Holdings plc, Sandy Flockhart is retiring as an executive director http://goo.gl/O84Uo 588. 4/10/12 (USA PA) The Federal Reserve ordered Louis A. DeNaples to step down from his position as chairman of the board of First National Community Bancorp of Dunmore, Pa., following a settlement he reached with prosecutors following perjury charges. DeNaples must also submit a plan for selling his controlling stakes in First National and another bank. http://goo.gl/6Yrrr 589. 4/10/12 (POLAND) Bank Millennium SA, CEO Boguslaw Kott, will leave the bank's top job by June 2013 after heading the lender since 1989, Millennium said Tuesday. Millennium's troubled owner, Banco Comercial Portugues S/A (BCP.LB), had put its Polish unit up for sale

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American Kabuki: 594 BANKER RESIGNATIONS

last year because of a heavy debt load, but dropped the plan after restructuring its balance sheet. http://goo.gl/B8tIQ 590. 4/10/12 (USA NY) Goldman Sachs, co-head of global M&A Yoel Zaoui is stepping down. Zaoui has been with G.S., for 25 years. http://goo.gl/LuDQT 591. 4/13/12 (GERMANY) Deutsche Bank economist Thomas Mayer to step down. http://goo.gl/L6y21 592. 4/13/12 (USA) Bank of America chief information officer Marc Gordon has quit and embarking on a "personal change in direction" says a statement given to Reuters. http://goo.gl/T5bXt 593. 4/13/12 (USA) Barclays Bank, US wealth unit COO Ian Lowitt to depart http://goo.gl/4vnDm 594. 4/15/12 (JAPAN) Japan Bank for International Cooperation, Hiroshi Okuda, governor of the Japan Bank for International Cooperation, has stepped down as an adviser to Toyota Motor Corp after becoming the bank's head as of April 1. Okuda no longer holds a position at the major automaker after the government-owned bank said it was undesirable for Okuda to keep titles at a private company while serving as the bank's head. http://goo.gl/4WufA

End of list as of 4/14/12 Addendum: It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of 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. This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).

179 comments:
Anonymous Mar 7, 2012 11:51 PM IN COMPLETE AGREEMENT WITH YOUR FINISH COMMENT. THIS CAN BE EXTRAORDINARY GOOD NEWS OR... THE START OF TPTW RAMPING UP A GLOBAL FINANCIAL TAKEOVER WITH ONE PLANNED, UNIVERSAL MONETARY SYSTEM.A NWO MONETARY SYSTEM... CRIMINALS ARE GENIOUS AT FAKING LEFT AND GOING RIGHT.STAY ALERT PEOPLE.THERE'S BAD HISTORY WITH THE REPLACEMENT'S NAME, SASSON. WHICH IS ONE OF THE BANKS IN ENGLAND CHOSEN REPLACEMENT. ON THE OTHER HAND,JON CORIZONE RESIGNING AND HIRING AN ATTORNEY SEEMS LIKE GOOD NEWS. SEE WHAT I MEAN! IT'S DEEP! Reply Replies American Kabuki Mar 8, 2012 12:13 AM I think after the events on 9/11 we've become nervous of shadows. 155 resignations from very high paying jobs is not a head fake. As the Galilean sage from Nazareth said "a house divided cannot stand". Skepticism is good and healthy, but don't let it degenerate into close minded cynicism.

http://americankabuki.blogspot.com/p/131-resignations-from-world-banks.html[4/15/2012 1:50:15 PM]

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