The Rats are Jumping Off the Sinking Ship!… 450 Resignations from World Banks, Investment Houses and Money Funds

Thursday, March 29, 2012
By Paul Martin
Wed, 03/28/2012

“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”… Peter Ressler, the chief exe. of RMG Search

Partial List

400.3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.
401.3/13/12 (UK) SVG Director Edgar Koning retires.
402.3/13/12 (UK) SVG Director Denis Raeburn retires.
403.3/13/12 (UK) SVG Director Francis Finlay retires.
404.3/14/12 (UK) Goldmand Sachs, executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.
405.3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire
406.3/14/12 (UK) WorldSpreads, CEO Conor Foley resigns
407.3/15/12 (US WA) HomeStreet Bank, EVP and CFO David Hooston resigns
408.3/15/12 (DENMARK) Sparekassen Faaborg board member Steen Grønved Nielsen resigns
409.3/15/12 (UK) RBC Capital Markets head of SSA syndicate desk Noel Williams resigns
410.3/15/12 (UK) Novia London sales manager Dave Chassell quits
411.3/15/12 (US CA) Prosper Finance (online venture captial services) CEO Chris Larsen steps down
412.3/15/12 (UK) The Royal British Legion’s (fund) director of corp. communications Stuart Gendall resigns
413.3/15/12 (IRELAND) President of Sinn Fein USA (fund) Larry Downes steps down
414.3/16/12 (AUSTRALIA) Investorfirst CFO and company secretary Ariel Sivikofsky resigns
415.3/16/12 (MALAYSIA) Amanah Raya Bhd (trust) managing director Datuk Ahmad Rodzi Pawanteh steps down
416.3/16/12 (UK) Towry (investment & fin. advice) Non-exec chairman Glyn Jones steps down
417.3/16/12 (GERMANY) Deutsche Bank Chief risk officer (CRO)of Hugo Bänziger steps down
418.3/16/12 (US IL) Henderson Global Investors Inc. head of the International Opportunities Fund Iain Clark steps down
419.3/16/12 (US CA) Executive VP and Chief Compliance Officer of Heritage Bank of Commerce Margaret Incandela resigns
420.3/16/12 (US VA) Genworth Financial board member J. Robert Kerrey resigns to campaign for senate seat
421.3/16/12 (UK) CEO of the FSA (Financial Services Authority) Hector Sants to leave>
422.3/19/12 (US IA) ISU Foundation (fund), President and CEO of the Dan Saftig to step down
423.3/19/12 (BRAZIL) HSBC Brazil CEO Conrado Engel steps down
424.3/19/12 (UAE) Finance head at SNR Denton Islamic Sheikh Muddassir Siddiqui resignsto pursue advisory role
425.3/19/12 (SWITZERLAND) Julius Baer bank’s chairman Raymond Baer steps down in a “surprise departure”
426.3/19/12 (GERMANY) Deutsche Bank, asset management chief Kevin Parker to leave executive committee
427.3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee
428.3/19/12 (HONG KONG) China Development Bank HK branch CEO Di Weiping retires
429.3/19/12 (US ID) SunTrust Bank president and CEO Thomas Rueger to retire
430.3/19/12 (SWEDEN) AP6 (private equity) CEO Marianne Dicander Alexandersson steps down
431.3/19/12 (SWITZERLAND) FINMA (Swiss Financial Market Supervisory Authority) Vice-chair Monica Mächler to step down
432.3/20/12 (KUWAIT) National Investments Co. chairman Yousef Al Majid resigns
433.3/20/12 (UK) Bank of America, Co-head of distressed debt at Michael Guy resigns
434.3/20/12 (US PA) Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board
435.3/20/12 (US TX) Acquisition chief Dan Magder quits Lone Star Investments
436.3/20/12 (NIGERIA) Chairman of House Committee on Capital Markets Hon. Herman Hembe resigns due to allegations of bribery
437.3/20/12 (Hong Kong) Head of Deutsche Bank Asia-Pac Loh Boon Chye quits
438.3/20/12 (US NY) Deutsche Bank, head of asset management Kevin Parker steps down from executive committee
439.3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO Josef Ackermann exits withpension of €18.7 million
440.3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London.
441.3/21/12 (GERMANY) Deutsche Bank AG, Co-head Wolfgang Hammes leaves
442.3/21/12 (UK) Aviva Investor’s European equity head John Botham exits
443.3/21/12 (CANADA) National Bank’s Ontaria, Atlantic region manager Mike Miller leaves
444.3/21/12 (UK) Royal Bank of Scotland Group’s global head of equity prime services Gregory Wagner resigns
445.3/21/12 (US DC) Liquidity Services Inc, Chief information officer Eric Dean resigns
446.3/22/12 (UK) Global equity head Neil Rogan resigns from Henderson Global Investors
447.3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund Bert Tibben step down
448.3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS
449.3/22/12 (UK) Bank of America Corp, Jonathan Moulds steps down, helped build the bank’s 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.
450.3/25/12 (EGYPT) National Bank of Egypt, CEO Tarek Amer said that he will step down from his position at the end of 2012.

Full List…HERE

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