Succession planning

Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank.

The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.

Brian McKay will lead the Greensville, S.C.-based credit union beginning in April

The Appleton, Wis.-based credit union has tapped Christopher Allen to take the helm following Greg Hilbert's retirement.

All three executives began as tellers and have been with the institution for a dozen years or more.

Mendell Thompson, who has led the Glendora, Calif.-based institution for more than 30 years, plans to retire later this year.

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas.

President and CEO Bob Corwin plans to retire by this summer, having led the Clackamas, Ore.-based credit union for seven years.

Larry Fazio, longtime head of the agency’s examinations division, has been promoted to executive director. He will succeed Mark Treichel, who will retire later this year.

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

The Maine-based credit union's president has retired after 30 years at the institution.

Justin Olson will take the helm from CEO Jim Lumpkin, who led the $90 billion-asset USAgencies for more than two decades.

Dennis Hanson, the credit union’s longest-serving chief executive, has announced his plans to retire. A new leader will take the helm in April.

A shrinking industry and inadequate succession planning – particularly at smaller credit unions – is likely to increase competition for top talent and make executive recruitment even more challenging in the year ahead.

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.

Patrick O'Brien had been CB Financial's president and CEO for about two years.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

In his new role, David Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

Andy Kempf has taken the helm from David Leusink, who retired after 30 years in the credit union movement.