Choi Kwang has refused to resign after being accused of overstepping his remit. He has reportedly opposed government plans to turn the pension fund's investment office into a state corporation.
UK Sinha, head of India’s securities regulator, counters criticism it has not done enough to facilitate investor engagement at home and abroad, accusing certain jurisdictions of protectionism.
The chief of India’s securities regulator, U.K. Sinha, says 44 domestic fund firms is too many, noting there are too many me-too types of companies.
Yang Shucai succeeds Li Weixiong at the helm after leaked minutes from an internal board meeting reveal the extent of management discord.
Yawar Shah replaces the retiring Jaap Kamp as chairman, while Stephan Zimmermann ascends to deputy chairman role.
Australian bank poaches ING Taiwan country manager.