The move is all the more unexpected in that Poirier was promoted three months ago to his current position.
Prior to that, he was CEO of the corporate and investment banking activities only.
He is to be replaced by Jackson Cheung, who will be sent over from the Hong Kong office to Beijing. Since 2007, Cheung has been head of the group supplying structured products to companies in emerging Asia.
An internal memorandum says that as SG Group country head, Jackson Cheung will be the groupÆs main representative in China as well as CEO of SG China Ltd û...