People

Bank of East Asia chief executive David Li to retire

His sons, Adrian David Li Man-kiu and Brian David Li Man-kiu, will pick up in their father's stead.

HSBC names Kanakanjan Ray as Southeast Asia head of financial institutions group

He was previously the country head of financial institutions group.

Citibank appoints Brendan Carney as Singapore CEO

He was previously the consumer business manager (CBM) for South Korea.

ICBC Standard Bank names Florent Darlet as Asia commodities structuring head

He previously served as Sberbank's managing director of structured products.

Deutsche Bank appoints Kaushik Shaparia as chief country officer for India

He currently serves as global head of subsidiary coverage.

ICBC names Chen Siqing as chairman: report

Chen has served as Bank of China’s chairman since August 2017. The world’s largest bank by assets, Industrial & Commercial Bank of China (ICBC) has reportedly tapped Bank of China (BoC) chairman Chen Siqing as its new head, sources told Reuters. The new chairman, who headed BoC since August 2017, will have to steady ICBC’s profitability as the Chinese economy slows, threatening a spike in bad loans. In October-December, ICBC saw no quarterly profit growth for the first time since 2016. The appointment is still pending regulatory, shareholder and board approvals, said one of the sources. The last ICBC chairman, Yi Huiman, was appointed as the head of China Securities Regulatory Commission. Here’s more from Reuters.

JPMorgan names Paul Uren as APAC investment banking co-head

He previously served as senior country officer in Australia and New Zealand.

DBS poaches former Bank of Singapore private banker

Lee Woon Shiu will be responsible for leading the bank's wealth planning, family office and insurance business.

Credit Suisse names Josephine Yap as head of Philippine representative office

She previously headed private wealth countryside at Metropolitan Bank and Trust Company.

NAB names Philip Chronican as next chairman

He will also serve as interim group CEO for the bank.

MAS unveils changes to senior management team

Edward Robinson and Chia Der Jiun will assume deputy managing director positions.

Philippine budget secretary Benjamin Diokno named as new central bank governor

He will be serving the remainder of Espenilla’s six-year term which will end by 2023.

Citi appoints Rajat Madhok as APAC head of Citi Commercial Bank

Rajat formerly headed the APAC mid corporates team at CCB.

MUFG appoints Calvin Nguyen as director and head of global corporate banking in Vietnam

He was the previous global banking country head in Vietnam International Bank.