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According to a release, Jae-Sun Rah has been appointed Director, Head of Trade Finance & Working Capital Advisory – South Korea effective 1 September. Mr. Rah has over 20 years of transaction banking experience and a deep knowledge of the Korean market. Previously, he was at Citibank where he was most recently Director, Trade Product Head, Treasury and Trade Solutions for Korea.

He will be based in Hong Kong.

He will report to Asia Pacific CEO Francisco Aristeguieta.

His resignation is effective on July 17.

She has been with Citi for 13 years.

He will focus on launching payment innovations.

Hang Seng Bank has appointed Margaret Kwan as Head of Retail Banking and Wealth Management following the retirement of Nixon Chan, with effect from 1 July 2016.

Predecessor Andrew Au steps down in June.

He has 15 years' experience with HSBC.

In a press release, HSBC Private Bank announced the appointment of Chris Harwood as Market Head for Malaysia, Global Private Banking, South East Asia.

The Board of CIMB Group Holdings Berhad announced at its 59th Annual General Meeting today that Dato’ Sri Nazir Razak will take a voluntary leave of absence from his positions as Chairman of CIMB Group and Director of CIMB Bank, with effect from close of business today till the completion of an ongoing Board review on the banking activities relating to his personal account, first reported by the Wall Street Journal on 31 March 2016.

Citi announced the appointment of Gerry Keefe as Head of Corporate Banking Asia Pacific. In this newly created role, Gerry will assume responsibility for all Corporate Banking activities in the region including the Financial Institutions, Public Sector Group, and Global Subsidiaries Group franchises.

HSBC Private Bank has announced the appointment of Sandeep Sharma as Head of Global Private Banking, South East Asia.

Yang has over 20 years of experience in the market.

Mr Ciqiang Lu (魯賜強) has been appointed General Manager of Greater China in National Australia Bank (NAB) and commenced his role on 1 March 2016. Mr Lu is based in NAB’s Hong Kong branch located in Pacific Place. As Australia’s largest business bank, NAB’s strategy in Asia is highly relationship-driven and focuses on supporting Australian and New Zealand business in Asia, including Greater China. As the first Australian bank to establish a presence in China in 1982, NAB also supports Chinese institutional and corporate clients looking to trade with or invest in Australia and New Zealand, particularly in the energy, utilities, natural resources, food and agribusiness sectors. With over 20 years of banking and strategic leadership experience in Greater China, Mr Lu has the strong networks and insights necessary to deliver NAB’s business priorities in Asia and its vision of being Australia and New Zealand’s most respected bank in this region. Mr Lu joins NAB from Natixis where he was the Senior Country Manager, Greater China for the past 9 years, based in Shanghai. In this role he was responsible for the bank’s China and Taiwan operations, working in partnership with global product and customer units to develop and execute Natixis’ China business strategy and operations.

The appointment is effective immediately.