Ulaanbaatar
New CEO of Khan Bank appointed
EconomyUlaanbaatar /MONTSAME/ Khan Bank Wednesday announced an appointment of John Bell as new Chief Executive Officer with an effective date of April 1, 2016. Mr Bell succeeds Norihiko Kato, who has been the CEO of Khan Bank since 2011.
Mr Bell joined Khan Bank as the First Deputy CEO in Charge of Business in August of 2015. John Bell has been in the banking and financial industry since 1994, taking the positions of Personal Banker, Branch Operations Supervisor, Liabilities and Investment Product Manager, and Wealth Management Business Head at Citibank.
Mr. Bell held senior Citibank positions in USA, Poland and Czech Republic. He moved to ABN AMRO as a Retail Product Management and Distribution Head in 2006, later joined the Royal Bank of Scotland in Romania as Retail Banking Head.
Bank Chairman Hideo Sawada said, “Khan Bank has maintained its strong, competitive position in the banking and financial industry of Mongolia, consistently delivering reliable, accessible and innovative banking services to Mongolian customers. We are delighted that Mr. Bell is taking on the role of CEO. His background and experience is well suited to lead our team in the further growth and success of the Bank.”
Mr Sawada added,“We thank Norihiko Kato for his service and contributions. Mr Kato has been instrumental to the organization and made invaluable contributions to bringing Khan Bank to its present position as one of the nation's leading banks with the highest standards of corporate governance, risk management, and financial strength in Mongolia. He has taken the Bank to a new level of performance and he leaves the Bank in very good standing. We are grateful for all his endeavors.”
Mr Bell has more than 20 years of international expertise in the banking business, particularly in retail banking, investment, cost management, payment cards, credit, risk management, banking strategy, and business growth. John Bell’s breadth of experience–spanning various roles and senior positions in the banking sector around the world–will be of tremendous benefit to the next phase of meeting and exceeding our commitments to Khan Bank customers.
