The sale follows stricter capital rules, a global restructuring and a corruption scandal. It made a tidy profit but relinquished its goal of going big in China.
The task facing the bank's Australia and New Zealand CEO is to revitalise the franchise after several high-level departures and a corruption scandal in China.
The departure of the co-head of corporate banking and securities in Asia-Pacific will add to the vacuum created by gaps in senior management in the region.
Douglas Morton and Venky Vishwanathan have been placed on leave from Deutsche Bank, part owner of Hua Xia Bank, which has recently come under official scrutiny.