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Chinatrust Bank (US) selects new president & CEO

Chinatrust Bank (US) has appointed Noor Menai as new president & CEO of the bank, to manage its US commercial and Industrial operations and commercial real estate lending groups.

He will be responsible for 12 branches in California, New Jersey and New York and continue to manage North American operations for the parent bank, Chinatrust Commercial Bank (CTCB).

Menai, who has most recently worked as executive vice president and North America regional head of CTCB, was responsible for US and Canada corporate and commercial real estate, trade, cash, f/x, asset based lending, among others.

Having joined CTCB in January 2011, he served as the head of governance and retail banking for the US, Canada, Hong Kong, India, Indonesia, Japan, the Philippines, Singapore, Thailand, and Vietnam.

Before CTCB, he worked three years in private equity and asset management, including as founder and managing director of Fajr Capital, a sovereign wealth fund-backed investment fund. Prior to this, he acted as president & CEO of Charles Schwab Bank.

He also served Citigroup North America for nine years and held positions including senior vice president, global consumer bank – US credit cards division.

Prior to Citi, he worked with Bank of America and JPMorgan Chase, respectively.

Founded in 1966, CTCB manages 147 branches in Taiwan and 67 outlets in the US, Canada, Japan, India, Indonesia, the Philippines, Thailand, Vietnam, Hong Kong, Singapore and China.