Financial services movers and shakers: Asia monthly wrap

fst_placeholder

Mohamed Rafique Merican Mohd Wahiduddin Merican has been appointed Group Chief Financial Officer at Malayan Banking Bhd (Maybank Group), the country’s largest bank. Rafique will oversee the overall running of the day-to-day operations and ensure continuity in the entire operations of the group. Rafique succeeds Datuk Khairussaleh Ramli, who is taking up the position of President Director at PT Bank Internasional Indonesia TBK, a subsidiary of Maybank.

Meanwhile, Malayan Banking Bhd is expected to announce the appointment of its new Chief Executive Officer as early as end of June, said its Chairman, Tan Sri Megat Zaharuddin Megat Mohd Nor as reported in The Star Online.

Neal Livingston has been appointed Global Head of Trade and Transaction Services (GTTS) at Commonwealth Bank of Australia (CBA). Livingston will be based in the bank’s Singapore office and oversee Asia, the UK and Australia. He joins CBA from Royal Bank of Scotland, where he was Managing Director, Transaction Services.

Angel Kuan has been appointed new Development Director of Global Technology and Privacy at Singapore-based privately held insurance broker Lockton. In a statement Lockton said Kuan will spearhead the company’s move into Asia, and will primarily be responsible for the development of cyber and other non-conventional insurance programs.