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Sunday, 01 November 2015 10:02

Leadership Changes in Financial Services & New Executive Opportunities Featured

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Compilation of Open CEO Roles and Placements in the Financial Services Industry in the 45 days ended October 26, 2015
PREPARED BY: Vell Executive Search
DATE: September 11 to October 26, 2015

Financial Services Industry - CEOs Wanted 

Erie Indemnity Company
Pennsylvania   
$6.25B
October 2015  
Erie Indemnity Company announced that Terrence W. Cavanaugh, president and CEO, will retire at the close of 2016. Cavanaugh currently serves as the chair of the Board of Governors of Property Casualty Insurers Association of America (PCI). He is also on the Pennsylvania Workforce Investment Board and boards of the American Institute for CPCU and Insurance Institute of America. Cavanaugh also serves on the Board of Directors of Highmark.
The Hanover Insurance Group
Massachusetts
$5.15B
September 2015
The Hanover Insurance Group announced that Frederick H. Eppinger informed the board of directors that he plans to step down as president, CEO, and a director of the company. He will continue to serve in his current role until his successor is appointed and then will be available to assist with the transition as needed until June 30, 2016.
Ulster Bank Limited
County Antrim
$3.68B
September 2015
Paul Stanley has been appointed as interim CEO. Mr. Stanley was Ulster Bank's CFO. He became interim CEO on following the departure of Jim Brown, who has moved to the UK to lead Williams & Glyn. Mr. Stanley had been tipped to get the role on a permanent basis and it's not clear if he is in the running for this plum post, or when an announcement on a new CEO will be made by Ulster Bank.
Crawford & Company
Georgia
$1.15B
August 2015
Independent claims adjustment firm Crawford & Co. announced that Jeffrey T. Bowman is stepping down after nearly eight years as president and CEO. The board has appointed board member Harsha V. Agadi to be interim CEO while it conducts a search for a permanent CEO. The search will be led by the board’s executive committee and is expected to take several months.
IG Group Holdings
Greater London           
$644.7M          
October 2015  
IG Group Holdings plc has announced the retirement of Tim Howkins as CEO. Peter Hetherington, a Board member since 2002 and previously COO will assume the role of Interim CEO. Peter was an officer in the Royal Navy prior to joining IG Group as a graduate trainee in 1994. In 1999 he became head of financial dealing, and in 2002 he joined the Board following his appointment as COO.
Investment Technology Group
New York
$557.5M
August 2015
ITG appointed R. Jarrett Lilien as its President and CEO, on an interim basis, pending the selection of a permanent CEO.
Genworth Mortgage Insurance Australia
New South Wales        
$482.7M          
October 2015  
Genworth Mortgage Insurance Australia Limited's Chairman, Richard Grellman AM, announced that Ms Ellen (Ellie) Comerford is retiring as CEO and Managing Director, and as a member of the Board of Directors. Ms. Georgette Nicholas, presently CFO, has been appointed Acting CEO effective from October 9, 2015.
Banco Itau BBA S.A. 
São Paulo        
$261.3M          
October 2015
Banco Itau BBA SA announced that Jean-Marc Etlin, CEO is to leave the firm in December. The firm announced that Etlin is to quit for personal reasons.
Chambers Street Properties
New Jersey
$250M
November 2014
President, CEO and Founder Jack Cuneo retires. CFO Martin Reid named iCEO.
Sampath Bank
Sri Lanka
$179.8M          
September 2015
Present CEO Aravinda Perera who is now on extension will be retiring from the bank 2016. Interviews have been conducted to recruit an outsider as soon as his contract is over.
Granite REIT
Ontario
$170M
August 2015
The employment of Thomas Heslip, Granite's CEO, has been terminated. Michael Forsayeth, Granite's CFO, will assume the responsibilities of CEO on an interim basis.
BankNordik
The Faroe Islands
$110M
September 2015
A new CEO will be needed to head up this strategy. Janus Petersen agrees with this conclusion, and he and the Board have therefore agreed to part ways. Árni Ellefsen, the current CFO, has agreed to act as interim CEO.
Hampton Roads Bankshares
Virginia
$86.1M
September 2015
Hampton Roads Bankshares announced the resignation of Douglas J. Glenn as President and CEO and as a director of the company. Charles M. Johnston, Chairman of the company's Board of Directors, will serve as the interim CEO of the company while the company conducts a search for Mr. Glenn's replacement.
Marlin Business Services
New Jersey     
$73.1M            
October 2015  
Marlin Business Services  announced the retirement of Daniel P. Dyer from his position as CEO and director of the Company effective immediately. The Company also announced that Edward J. Siciliano, Marlin's Executive Vice President and Chief Sales Officer, has been named interim CEO and will serve in that role while the Company's Board of Directors conducts a search for a permanent CEO.
Fauquier Bankshares
Virginia
$26M
February 2015
President and CEO Randy Ferrell plans to retire in 2016. Ferrell will remain as president and CEO until a search committee has selected a successor.
Foundation Bank      
Washington     
$15.6M            
October 2015
Foundation Bank announced that CEO Diane Dewbrey has informed the Board of Directors that she will be resigning to pursue other interests. Chairman of Foundation Bank, Lou Mills announced that CEO Diane Dewbrey will be leaving the bank effective October 19, 2015. During the search for a replacement, Duane Woods, Vice Chair and Director of the Bank, has agreed to serve as Interim CEO.
Community State Bank
Michigan
$7.35M
September 2015
Community Bancorp announced that Douglas Kelley resigned as president and CEO of its subsidiary Community State Bank effective August 28, 2015. John Wendling, first VP, retail manager and business development, will become interim president and CEO for the bank. Meanwhile, Kelley will remain on the board of the bank.
Independence Bancshares
South Carolina
$3.93M
September 2015
In connection with its suspension of the development of its digital banking, payments and transaction services business, Independence Bancshares has terminated the employment of Gordon A. Baird, the Company's CEO, effective September 25, 2015. Baird remains a member of the Company's board of directors. The Company has not yet announced who will serve as its interim CEO. Lawrence R. Miller remains the CEO of Independence National Bank.
RomReal
Italy    
$0.288M          
October 2015
RomReal has temporary appointed Mr. Adrian Cristea, as interim CEO. The long acting CEO, Mr. Kay Thorkildsen has been replaced for medical reasons.
Kalex 
Texas
NA
September 2015
On September 12, 2015, Scott N. Weinert resigned as President and a member of the board of directors of Kalex  to pursue other interests. The company's board of directors appointed J. Scott Tassan, the company's CFO, as the company's interim CEO and President.
Seabury Financial Solutions       
New York         
NA       
September 2015
Seabury Financial Solutions (FXone), a subsidiary of Seabury Group announced that Margaret Chan, CEO of Seabury Asset Management, has assumed the additional role of interim CEO of FXone.
Community Bancorp
Michigan          
NA       
September 2015
Community Bancorp  announced that Douglas Kelley resigned as president and CEO of Community Bancorp  effective Aug. 28, 2015. Kelley plans to assume a senior position in another industry. Kelley will remain on the board of the company.
Stonegate Mortgage
Indiana
NA
August 2015
Stonegate Mortgage named Chairman Richard A. Kraemer as Interim CEO, until the search for a permanent CEO with the requisite leadership and mortgage industry experience is completed.
BB&T Insurance Holdings
North Carolina 
NA       
September 2015
BB&T Corporation announced that H. Wade Reece, chairman and CEO of BB&T Insurance Holdings , will retire effective December 31, 2015.
Metropolitan Stock Exchange of India
India
NA       
October 2015  
Metropolitan Stock Exchange of India  (MSEI) has announced that managing director and CEO Saurabh Sarkar has resigned. The board has appointed Udai Kumar as interim managing director and CEO.
KLP Kommunekreditt
Sør-Trøndelag 
NA       
October 2015  
KLP Kommunekreditt AS announced that Arnulf Arnøy is leaving the position as managing director of KLP Kommunekreditt AS. Christopher Steen is from 13 October appointed interim CEO.
American Housing Income Trust
Arizona
NA       
October 2015  
On October 12, 2015, American Housing Income Trust appointed Jeff Howard, currently a Director on the Board of Directors, to fill the vacancy left by Mr. Zarinegar's resignation as CEO and President.
Hamilton U.S. Holdings
New Jersey     
NA       
October 2015  
Hamilton Insurance Group announced two changes in the executive management of the organization: Effective as of October 13, 2015, Conan Ward has resigned from his position as CEO of Hamilton USA, the company’s Princeton, New Jersey-based insurance operations. Hamilton’s Chief Strategy Officer, Bob Deutsch, has assumed the role of Acting CEO. Mr. Deutsch will lead the identification of a successor to Mr. Ward.
Mariner Investment Group
New York         
NA       
October 2015  
Bracebridge Young, Jr., will step down as Mariner's CEO at the end of 2015 to pursue a philanthropic agenda and personal passion, taking on the position of CEO at GATE Global Impact.
Planet Mining Exploration
British Columbia          
NA       
October 2015  
Planet Mining Exploration  announced that David Birkenshaw resigned as CEO of the Company and from the company’s Board of Directors effective immediately. Zula Kropivnitski, the Company's CFO and Secretary, has been appointed a Director of the Company.

 

Financial Services Industry - CEOs Appointed

Barclays
London
$35.2B
July 2015
Barclays PLC announced Jes Staley as its new CEO. Barclays offered the position to Staley, currently managing partner of US hedge fund firm BlueMountain Capital Management, and he accepted the offer.
Scottish Widows 
Scotland
$22.7B
October 2015
Scottish Widows plc appointed Antonio Lorenzo as CEO of the company.
London Stock Exchange Group
Greater London
$22.66B
September 2015
The London Stock Exchange Group has appointed Nikhil Rathi as its CEO. Mr. Rathi will take over from Alexander Justham, who announced he was stepping down earlier this year. Mr. Rathi joined the London Stock Exchange as chief of staff and director of international development in May 2014.
Australia & New Zealand Banking Group Limited
Victoria
$15.09B
September 2015
The Board of ANZ announced that Shayne Elliott will become CEO and join the Board on January 1, 2016 succeeding Mike Smith. Mr. Elliott, 51, is currently ANZ’s CFO responsible for all aspects of Finance as well as Group Strategy, Legal, Treasury, Investor Relations and Mergers and Acquisitions.
Suncorp Group Limited
Queensland
$12.87B
October 2015
Michael Cameron on 1 October 2015 officially takes over as Suncorp Group CEO and Managing Director. A Suncorp Board member since 2012, Mr. Cameron's appointment was announced in April 2015, following Patrick Snowball's decision to return to the United Kingdom.
Guardian Financial Services Holdings UK Ltd
UK
$6.12B
September 2015
Guardian Financial Services Holdings UK  will appoint former Old Mutual Plc executive Philip Broadley CEO amid discussions of a potential takeover. He stepped down as Old Mutual's group finance director in 2014.
Sanlam Investments (Pty) Ltd       
South Africa    
$5.55B
October 2015  
Sanlam announced that Mr. Johan van der Merwe will step down as CEO of Sanlam Investments and be succeeded by Mr. Robert Roux, currently Chief Operating Officer of Sanlam Investments, with effect from November 1, 2015.
Volkswagen Financial Services AG   
Lower Saxony 
$4.38B
October 2015  
Lars-Henner Santelmann will become Volkswagen Financial Services AG's CEO with immediate effect. Santelmann, who joined VW in 1988, has been a management board member at Volkswagen Financial Services AG since 2008. He succeeds Frank Witter, who became CFO of Volkswagen AG.
CIT Group
New Jersey     
$2.53B
October 2015  
The Board of Directors of CIT Group  announced that CEO John A. Thain will retire effective March 31, 2016, and will continue to serve as Chairman of the Board of Directors, and that CIT Board Member Ellen R. Alemanywill become a member of the management team as Vice Chairman effective November 1, 2015, and upon Mr. Thain’s retirement become CEO.
Canara Bank Limited
Karnataka
$1.76B
September 2015
Canara Bank after consultation with the Reserve Bank of India, has appointed Shri Rakesh Sharma, MD & CEO of Lakshmi Vilas Bank , as MD & CEO of Canara Bank. He has taken charge as Managing Director & CEO of the Bank with effect from September 11, 2015.
Banco de Galicia & Buenos Aires S.A.      
Capital Federal
$1.76B
October 2015  
Grupo Financiero Galicia S.A. announced that on October 7, 2015, the Board of Directors of subsidiary, Banco de Galicia y Buenos Aires S.A. received a letter from Mr. Daniel A. Llamb as, CEO of the Bank, expressing his intention to retire effective April 30, 2016. The Bank's Board of Directors resolved to accept Mr. Llamb as's decision and to appoint Mr. Fabian Kon to replace him as of May 1, 2016.
Kerry Properties
Hong Kong
$1.64B
September 2015
The board of directors of Kerry Properties Limited announced that in order to consolidate the executive structure of the group for its business operation and development, with effect from 21 September 2015, Mr. Wong Siu Kong has been appointed as the Chairman and CEO of the company.
SSQ, Life Insurance Company
Quebec
$1.453B
September 2015
Pierre Genest, Chairman of the Board of SSQ Financial Group announced the arrival of Jean-François Chalifoux, FCAS, FCIA, as CEO of SSQ Financial Group. Prior to his appointment as SSQ Financial Group's CEO, Jean-François held a number of executive positions with major pan-Canadian insurers, both in general insurance and in life and health insurance.
Walter Investment Management 
Florida
$1.129B
October 2015
Walter Investment Management appointed Denmar J. Dixon, the company's current Vice Chairman of the Board, Chief Investment Officer and EVP, as CEO and President. Dixon succeeds Mark J. O'Brien, the company's Chairman and CEO, who is retiring from his role as CEO.
Cash America International
Texas
$1.064B
September 2015
Cash America International announced that its Board of Directors has selected T. Brent Stuart, the company’s current President and COO, to become the company’s President and CEO.
Willis Limited
Essex  
$1.009B          
October 2015  
Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited. It sees Aubert take over from Steve Hearn, who's been appointed as CEO of Cooper Gay Swett and Crawford.
OIL Insurance Limited
Bermuda
$578.4M
September 2015
Bertil Olsson joined the OIL Group of Companies from Marsh & McLennan Companies, where he held the position of Managing Director and Head of South Central Region, Marsh USA  Bertil Olsson will succeed Robert Stauffer upon Bob's retirement in January 2016.
Laurentian Bank of Canada
Quebec
$653.8M
October 2015
Laurentian Bank of Canada announced that it has begun restructuring its senior management team, with François Desjardins officially becoming president and CEO on Nov. 1, 2015. Réjean Robitaille, current president and CEO, intends to retire, also effective Nov. 1, 2015.
Investment Technology Group
New York
$571.9M
October 2015
Investment Technology Group name JPMorgan's (JPM) Frank Troise as its new CEO, succeeding interim CEO Jarrett Lilien. Troise, who is a former employee of Investment Technology, most recently led JPMorgan's execution-services team, a new group that was formed by the bank to monitor trades for various asset classes and e-platforms.
Rabobank
California                      $488M
October 2015
Rabobank N.A. has appointed Mark Borrecco as the bank's next president and CEO, effective December 1, 2015. He will succeed John Ryan, who announced he will retire at the end of the year.
FBD Insurance
Dublin
$416M
October 2015
FBD Holdings plc appointed Ms. Fiona Muldoon as Group CEO with immediate effect. Fiona has already made a very significant impact in FBD since joining the Group in January and played a pivotal role in the successful capital raising in FBD Insurance plc announced on 16 September.
Beni Stabili
Rome                       $396.7M
October 2015
Beni Stabili S.p.A. Siiq announced that the Board of Directors of Beni Stabili and Foncière des Régions have appointed Christophe Kullmann as CEO of Beni Stabili in order to drive this new momentum for the Company. Kullmann is CEO of Foncière des Régions, since the creation of the company in 2001, managing and monitoring the strong growth of the Group in Europe.
Credit Agricole Bank Polska Spólka Akcyjna
Poland
$393.9M
September 2015
Credit Agricole named Olivier Constantin CEO of Credit Agricole Bank Polska in Poland. Constantin succeeds Philippe Mari.
PJT Partners 
New York
$383.9M
October 2015
Paul J. Taubman was appointed Chairman and CEO of the company and Helen T. Meates was appointed CFO of the company and will also serve as the company’s principal accounting officer.
JSC Bank of Georgia
Georgia
$297.3M
September 2015
JSC Bank of Georgia announced that Murtaz Kikoria, previously Deputy CEO, Finance has succeeded Irakli Gilauri as CEO.
American Assets Trust
California
$262.5M
September 2015
Ernest Rady has assumed the role of President and CEO of the company, effective September 14, 2015.

Tata AIG General Insurance Company Limited
India
$256.8M
September 2015
Tata AIG General Insurance has appointed Neelesh Garg as its new Managing Director and CEO. He would be replacing K K Mishra, who retires in September 2015 serving as the key founding members of the insurer since 2001.
Forestar Group 
Texas
$244.4M
September 2015
Forestar Group announced that James M. DeCosmo, President and CEO, stepped down September 25, 2015. The Board of Directors has named Phillip J. Weber, Chairman of the company’s Real Estate Investment Committee and formerly EVP – Water Resources, as CEO.
Shawbrook Group
Essex
$234.5M
October 2015
Shawbrook Group plc announced that Steve Pateman has agreed to join the Group as its new CEO. Steve joins Shawbrook from Santander UK, where he is Executive Director and Head of UK Banking, running the bank's Corporate, Commercial, Business and Retail Banking operations as well as Wealth Management.
Starwood Waypoint Residential Trust
California
$207.7M
September 2015
Fred Tuomi, will be appointed as the CEO of the company, Doug Brien will be appointed as the President and COO of the company and Arik Prawer will be appointed as the CFO of the company.
National Health Investors 
Tennessee
$201.5M
October 2015
National Health Investors appointed Eric Mendelsohn as President and CEO, effective October 5, 2015. Mr. Mendelsohn has served as the company’s interim CEO since the beginning of August 2015.
Chaucer Syndicates
Greater London
$190M
September 2015
Effective from November 1, Johan Slabbert will be appointed as CEO of Chaucer Syndicates  He currently serves as Chaucer's CFO, a position he has held since joining the company in 2013. 
Heritage Bank Limited
Queensland
$134M
September 2015
Heritage Bank has appointed senior banking executive Mr. Peter Lock to take over the CEO role from the retiring Mr. John Minz.
BankNordik P/F
The Faroe Islands
$110M
October 2015
BankNordik P/F announced that it has appointed Mr. Árni Ellefsen as permanent CEO. Mr. Ellefsen began his career with BankNordik in 2011 when he was appointed CFO and member of the group management.
ANV Syndicates
Greater London              $77.4M
October 2015
ANV Holdings have appointed Janet Helson as CEO of the group's Lloyd's Managing Agency, ANV Syndicates Limited.
Manufacturers Bank
California
$71.2M
September 2015
Manufacturers Bank announced that Masaya Inagaki was appointed as chairman and CEO for bank. Most recently, Inagaki served as the general manager at Sumitomo Mitsui Banking  head office for the corporate business office.
Oman United Insurance Company
Oman
$69.5M
September 2015
Oman United Insurance announced that the board of directors have decided to promote Mr. R. Muthukumar who was acting CEO of the company to the position of CEO.
Apco Employees Credit Union
Alabama
$56.1M
October 2015
APCO Employees Credit Union appointed Derrick Ragland as president and CEO, succeeding Merrill Mann who will retire December 31, 2015. Ragland, who has been with the credit union for over 33 years, is set to assume the CEO duties on Jan. 1, 2016.
LOLC Finance PLC
Sri Lanka
$53.5M
September 2015
Ashan Nissanka will be appointed as Executive Director/CEO of LOLC Finance PLC effective from October 15, 2015. The above changes to the directorate have been approved by the Central Bank Of Sri Lanka.
First National Bankers Bank
Louisiana
$44.9M
October 2015
First National Bankers Bankshares has announced the hiring of James M. Hudson to the position of president and CEO of First National Bankers Bank. Mr. Hudson is the former executive vice president and chairman of Southeast Region-Louisiana of Iberia Bank.
Premier Bank
West Virginia
$42.1M
September 2015
On September 16, 2015, Premier Financial Bancorp's ('Premier') board of directors appointed J. Mark Bias, age 58, as a SVP of Premier. Mr. Bias recently joined Premier and on September 15, 2015 was named President and CEO of Premier Bank.
America First Multifamily Investors
Nebraska
$41.5M
September 2015
Chad L. Daffer is the new CEO of ATAX, effective October 1, 2015. Daffer has been employed by Burlington since January 1, 2005, working closely with Hiatt while serving as ATAX's Fund Manager.
Hospitality Property Fund
Gauteng
$35.7M
September 2015
Hospitality Property Fund Limited appointed Vincent Joyner as CEO (“CEO”) and a member of the Board of Hospitality with effect from 15 September 2015. He spent almost 20 years of his career within the Accor hospitality group, with the last six years of his tenure as Accor Group CEO, Southern Africa. Gerald Nelson, the current Acting CEO of Hospitality, will remain in an executive role for a period of time following Vincent’s appointment, in order to facilitate the handover process. The Board has further appointed Riaan Erasmus as acting CFO (previously Group Financial Manager), with effect from 12 August 2015.
Greylock Federal Credit Union
Massachusetts
$34.6M
September 2015
The board of directors of Greylock Federal Credit Union named John Bissell as its new president and CEO, succeeding CEO Marilyn Sperling, who will retire on Oct. 1, 2015.
Firstmark Credit Union
Texas
$33.9M
September 2015
Firstmark Credit Union named Nathanael Tarwasokono as president and CEO. Tarwasokono will succeed Leon Ewing, who will retire in December. He will officially start with Firstmark Credit Union on Nov. 16. Tarwasokono has been CEO of Tucson since 2008.
Baker Boyer Bancorp
Washington
$29.4M
September 2015
Baker Boyer Bancorp named Mark Kajita as CEO. Kajita will succeed Megan Clubb who is set to retire effective January 1 2016. Clubb will continue to serve as chairman. Kajita joined the company in 2003 and most recently served as president.
Neighbors Federal Credit Union
Louisiana
$24.3M
September 2015
After more than 34 years at the credit union, Neighbors FCU President and CEO Kathi Gill has announced that she will retire on December 31, 2015. Gill's announcement is one of a slew of recent retirement announcements from credit union CEOs planning to step down at the end of 2015 or in early 2016. Stepping in for Gill will be Steve Webb, who will take the helm as president and CEO effective Dec. 1.
OAO AK BARS Bank
Tatarstan
$23M
October 2015
Ak Bars Bank announced that the CEO of the company, Robert Minnegaliyev was transferred to another job, the company appointed Zufar Garayev head of the bank. The bank's first deputy CEO, Zufar Garayev, was appointed to fill the position of CEO.
Prudential Savings Bank
Pennsylvania
$17.8M
September 2015
Joseph R. Corrato to begin his new role as President and CEO, effective on October 1, 2015.
IFS Capital Limited
Singapore
$12.9M
October 2015
Eugene Tan Hai Leng will be appointed as the new group CEO and executive director of the company and his appointment will take effect on 12 October 2015.
Sanlam Private Wealth UK Limited
Clwyd
$12.8M
October 2015
Sanlam Private Wealth announced that former Ashcourt Rowan boss Jonathan Polin has been appointed CEO of Sanlam Private Wealth (SPW), Wealth Manager can reveal. He replaces Craig Massey, who is returning to the firm's South African headquarters to serve as branch operations director and head of stockbroking.
Communities First Financial Corporation
California                             $10.2M
October 2015
Communities First Financial , has announced that it has named a CEO. The firm said that it has hired Steve Miller as a president and CEO. Miller has eight years of experience in Asian banking markets. In his new position, Miller will replace Rick Whitsell, who left the bank abruptly.
Crossroads Bank
Illinois
$5.78M
October 2015
Crossroads Bank in Effingham, Ill. has selected Michael Defend as its new CEO. Defend, who will also serve as president, will step into his new role at the beginning of next year. He succeeds Andrew Grunloh, who is stepping down from the position but will remain with the bank as CFO.
Family First of NY Federal Credit Union
New York
$5.77M
September 2015
Family First Federal Credit Union has named Thomas Dambra as its president and CEO. Dambra joined the CU September 23, 2015 replacing former president and CEO Christine Peters.
The Lyndon State Bank
Kansas
$4.21M
September 2015
Lyndon State Bank announced that has named David Thornburgh as CEO. Thornburgh joined the bank in 1998.
Multi-Purpose Insurans Bhd
Wilayah Persekutuan
$0.08M
October 2015
MPI Generali Insurans Bhd, formerly known as Multi-Purpose Insurans Bhd (MPIB), has appointed Oliver Tan as its new CEO. In his new role, Tan is expected to drive the strategic growth plans for the company and ensure the business operates efficiently.
Sheraton Properties & Finance
India 
$0.019M
October 2015
Sheraton Properties & Finance  announced that Ms. Shailaja Karkera was appointed as CEO of company with effect from August 31, 2015. Hence, in lieu of earlier intimation dated September 01, 2015 showing her position as Manager which happened indeliberately due to typographical error.
Bentley Commercial Enterprises Limited
India
$0.014M
October 2015
Bentley Commercial Enterprises  announced that Mr. Mahesh Bhagat was appointed as CEO of company with effect from August 31, 2015.
SpringOwl Asset Management
New York
NA
September 2015
SpringOwl Asset Management and its affiliates announced their strong support for the actions taken by Forestar Group  following SpringOwl's call for change and welcomes Phillip J. Weber as the new CEO, effective September 25, 2015, as well as his appointment to the Board of Directors. 
Deutsche Bank Securities Limited
Ontario
NA
September 2015
Deutsche Bank appointed Daniel W. Sooley as President and CEO of Deutsche Bank Securities Limited. Mr. Sooley joined Deutsche Bank in 2004 as Chief Legal Officer and became COO in 2013.
Mongolian Stock Exchange
Mongolia
NA
September 2015
On September 28, 2015, Angar.D resigned as the Acting CEO and Bolor.M appointed as Acting CEO of Mongolian Stock Exchange.
Dawood Capital Management Limited
Pakistan
NA
September 2015
Dawood Capital Management Limited appointed Ms. Tara Uzra Dawood as CEO with effect from September 22, 2015.
Gulf Holding Company K.S.C.
Kuwait
NA
September 2015
Gulf Holding Company (GHC) appointed Mr. Majed Al Khan as CEO of the company and the head of the Villamar development.
Cern Pension Fund
Geneva
NA
September 2015
The CERN Pension Fund has hired a new CEO, nearly a year after Theodore Economou announced his departure. Matthew Eyton-Jones has previously worked in the area of pensions at UK retailer John Lewis Partnership.
Jardine Lloyd Thompson Limited
UK
NA
September 2015
Jardine Lloyd Thompson Group plc has announced the departure of John Lloyd as CEO of JLT Specialty  at the end of 2015. Paul Knowles has been named as John Lloyd's successor as CEO of JLT Specialty Ltd, with Lucy Clarke named as his deputy.
Guggenheim Securities
New York
NA
September 2015
Guggenheim Partners announced that it has named Gerald Donini and Mark Van Lith as Co-CEOs of Guggenheim Securities, expanding the leadership in its investment banking and capital markets business.
Sunlight Financial
New Jersey
NA
September 2015
Sunlight Financial appointed Matthew R. Potere as CEO. Potere is a 20-year veteran of the consumer finance industry with experience in home equity mortgage lending, unsecured lending and small business lending.
DreamIt Ventures
Pennsylvania
NA
September 2015
Dreamit appointed a New York City entrepreneur as its new CEO, and he's revamping the entire accelerator. Avi Savar will lead the accelerator from the Big Apple. Before beginning at Dreamit in April, Savar founded the firm Big Fuel Communications in 2004.
Robeco Group N.V.
Zuid-Holland
NA
September 2015
Robeco Groep named David Steyn as new CEO and chairman of the management board, replacing Roderick Munsters.
Everything Amped
California
NA
September 2015
David Boulette was named director of the company. David Boulette was appointed CEO and Treasurer of the company. David Boulette serves as the sole director and officer of the company.
Oregon's Health CO-OP
Oregon
NA
September 2015
Oregon's Health CO-OP has announced Phil Jackson as CEO. Mr. Jackson served as interim CEO of the CO-OP from June 2015 to September 2015. Mr. Jackson intends to further expand Oregon's Health CO-OP's services by continuing to provide innovative product offerings, network design and low plan premiums.
White Grotto Acquisition
California
NA
September 2015
On September 14, 2015, PowerComm Holdings  announced that James M. Cassidy resigned as the president, secretary and director, James McKillop resigned as the VP and director, David L. Kwasnik Sr. was named director, CEO and treasurer. David L. Kwasnik Sr. serves as the sole director and officer. Since 1995, Mr. Kwasnik has served as the president and CEO of PowerComm Construction.
Fondation du CHUM
Quebec
NA
September 2015
Fondation du CHUM appointed Luce Moreau to the position of president and CEO.
Investicní kapitálová spolecnost KB, a.s.
Czech Republic
NA
October 2015
Amundi appointed Franck du Plessix as CEO of IKS KB, its subsidiary in Czech Republic.
420 Property Management
California
NA
October 2015
420 Property Management appointed Scott DeBo as CEO and Director. Mr. DeBo is a partner at Evolution Capital LLC and for the past three years has overseen the funding of IPO’s, debt restructuring, equity based financing, and the execution of mergers and acquisitions of publicly trading companies.
Northern California National Bank
California
NA
October 2015
The Board of Directors at Northern California National Bank announced the formal appointments of Steve Gonsalves as Chairman of the Board and Todd Lewis as the President and CEO. Todd has been the Executive Vice President/CFO since April of 2007 and was recently appointed as Interim President and CEO in April 2015.
Alaska Permanent Fund
Alaska
NA
October 2015
Alaska Permanent Fund Corporation has named Angela Rodell as CEO. Angela Rodell served as Commissioner of Revenue under Governor Sean Parnell, and her duties included holding a seat on the Board of Trustees of the Alaska Permanent Fund Corporation.
Fox Valley Savings Bank
Wisconsin
NA
October 2015
Fox Valley Savings Bank named Steven Schmudlach CEO. Schmudlach has been president of the Fond du Lac.
BAM Properties Limited
Greater London
NA
October 2015
BAM Properties  has appointed Dougie Peters as managing director. Dougie Peters succeeds John Burke who retires after almost twenty-five years with the UK business. In 2005 he joined BAM Properties as Finance Director.
Axis REIT Managers Berhad
Selangor
NA
October 2015
Axis REIT Managers Berhad announced that the Manager has received approval from the Securities Commission Malaysia vide their letter dated October 13, 2015 for the appointment of Ms. Leong Kit May to succeed Dato’ George Stewart LaBrooy as CEO when he retires on December 31, 2015. Ms. Leong’s appointment will be effective January 1, 2016.
Read 2227 times Last modified on Thursday, 27 August 2020 13:16
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

www.vell.com

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