Resignation of Chairman of Land Bank, Leading to Major Personnel Changes in State Banks in August

Reported 8 months ago

On June 21, 2024, the Chairman of Land Bank, Hsieh Chuan-Chuan, resigned upon approval from the Ministry of Finance and will officially step down on the 25th to become the new Chairman of BOT Bank. This move comes as part of possible comprehensive personnel changes in state banks in August. Other public sector financial institutions are also expected to undergo leadership changes later in the year, with considerations on whether to retain or bring in new faces. This wave of resignations amongst older public bank executives is being closely monitored to see if the new government will prioritize seniority or introduce fresh blood into these positions.

Source: YAHOO

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