In a somewhat peculiar round of musical chairs, Standard CharteredÆs former Japan CEO has gone to Thailand to take on the chief executive role there - making one wonder what the similarities are between these two countries. His replacement, Patrick Gillot, is French and joined the bank in 2001. He is a published finance author. Gillot was head of global markets for Hong Kong and northeast Asia prior to his move. He has spent two decades in Asia.
Given ThailandÆs troubles recovering from last year's military coup, and JapanÆs slow but apparently inexorable slide into recession, it would appear Devadason is jumping from the frying pan into the fire.
Like Devadason before him, GillotÆs focus...
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