Standard Chartered Plc's global head of client coverage, Sean Wallace, is leaving, one of the first senior executives to depart since Bill Winters became chief executive officer, a person familiar with the matter said.
INSURANCE giant Aviva has tapped two insiders to take over as chairman and chief executive officer of its freshly bought subsidiary Friends Provident International (FPI), replacing the financial solutions firm's outgoing executive chairman.
Anucha Laokwansatit has left his role as the insurer’s general manager and chief investment officer to move to a senior banking post. His former deputy, Sukkawat Prasurtying, succeeds him as CIO.
The appointment of the new non-executive Chairman is subject to the prior approval of Reserve Bank of India and would be effective July 1, 2015 or the date of receipt of RBI approval, whichever is later, it said.
The second new business unit, the commercial and business bank division, will be led by current chief product officer David Lindberg.