320 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS


320 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS

 

“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 CEO RMG Search.
  1. 3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wen resigned.
    http://goo.gl/55CqZ
  2. 3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.
    http://goo.gl/6CYGP
  3. 3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
    http://goo.gl/hevqh
  4. 3/12/12 (USA CA) California’s Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving.
    http://goo.gl/zquTc
  5. 3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
    http://goo.gl/LDz9b
  6. 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
  7. 3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
    http://goo.gl/SUHqW
  8. 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
  9. 3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
    http://goo.gl/yX4xo
  10. 3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
    http://goo.gl/1K9zV
  11. 3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
    http://goo.gl/lvzgC
█▓▒░   End of list as of 3/11/12  ░▒▓█



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).

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