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RETAIL BANKING | Tony Chua, Malaysia

Published: 21 Jan 10

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Alliance Bank hires new Chief Financial Officer

RETAIL BANKING | Alliance Bank hires new Chief Financial Officer

Eric Lee assumes CFO office after working for a global company.

Alliance Bank Malaysia Bhd has acquired Eric Lee as group chief financial officer (CFO) starting 4 January 2010.

Alliance said in a statement that Lee would be responsible for the overall strategy and management of the group's finance, according to a report in Bernama.

He is a member of the Malaysian Association of Certified Public Accountants, Malaysian Institute of Accountants and the Malaysian Institute of Internal Auditors.

ALLIANCE BANK STORIES

Reported investigations and resignations put Alliance in the spotlight
	Speculations simmer down as bank's statement denied rumors of large-scale shakeup.

Sound basics help Alliance bring up profit by 21%

Malaysian banks enhance risk management systems

BY TONY CHUA

China banks' loans to foreign shipbuilders surge
	Lending increased by more than 10% as banks follow government’s initiative to revitalise shipbuilding industry.

Bank Danamon 2009 net unchanged at $165.24mln

Maybank eyes 60% debit card transactions growth

Hong Leong Q2 profit down 13% at $66mln

SBI plans raising $4.3bln through rights issue

COMPANIES FEATURED
	Alliance Bank

TOP NEWS

China Merchants seeks approval to open Taiwan office
	Improving China-Taiwan relations enabled lender to apply for presence in the hometown of its Taiwanese clients.

Deutsche Bank Malaysia secures international Islamic banking license

China Merchants eyes raising $3.2bln via rights issue

HSBC to join Bank of Communications' rights issue

Woori set to be privatised in 2010

RETAIL BANKING NEWS

OCBC Malaysia 2009 profit slides 1%
	Higher loan provisions lower net despite 4% revenue surge and 6% increase in operating profit.

StanChart aims India listing by end of March

JPMorgan strengthens its Malaysia commercial bank unit

Agricultural Bank of China's February loans top rivals

China Merchants seeks approval to open Taiwan office

Deutsche Bank Malaysia secures international Islamic banking license

VIDEO

MOST READ

1 China banks' loans to foreign shipbuilders surge

2 Celent publishes Cash Management in China report

3 SBI plans raising $4.3bln through rights issue

4 Maybank Singapore offers equity-linked structured deposit

5 HSBC to join Bank of Communications' rights issue

6 China Merchants seeks approval to open Taiwan office

7 Maybank eyes 60% debit card transactions growth

8 Philippines eyes double-digit bank lending growth in 2010

9 ANZ declines AMP's US$3.6bln stake sale offer

10 ANZ secures India license

11 Fitch: Taiwanese banks to see modest improvements in 2010

12 OCBC Malaysia 2009 profit slides 1%

13 Rabobank appoints Soh Hang Kwang CEO of Singapore branch

14 Cash management in China

15 ICBC posts 33% growth in credit cards issued

COMMENTARY


�CSFI/PwC report warns of Asian banking risks PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear the most.


�Liew Nam Soon: Challenges provide opportunities to innovate. The recession may be key to much needed change - Ernst & Young explains why.


�Mark Billington: It's a risky business. The last two years have been extraordinary by any standards.


�Winston Ngan: Liquidity’s new prominence on the risk agenda Recent events in the global financial markets are a poignant reminder that financial institutions have exposures that extend beyond the assumed risks.


�Hansi Mehrotra: Forget historical returns for RI The United Nations Principles for Responsible Investment now claims over 550 signatories with more than USD 18 trillion in assets.

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PEOPLE

Alliance Bank hires new Chief Financial Officer

RETAIL BANKING | Alliance Bank hires new Chief Financial Officer

ALLIANCE BANK STORIES

BY TONY CHUA

COMPANIES FEATURED

TOP NEWS

RETAIL BANKING NEWS