The changing of the guard in Security Bank was described by its chair Albert Villarosa as move "on ensuring the continuity of the overall business strategy formulation and execution." In both instances - EastWest, and this time, Security Bank - it's part and parcel of the succession planning.
Israeli and Palestinian sources say that Abbas' health has deteriorated in recent months and that any further worsening could hasten the changing of the guard at the Palestinian Authority, especially with the ongoing crisis on Al-Aqsa mosque.
However, the report mentioned that his departure would represent a significant changing of the guard at a time when there is at last much-needed stability and success in Australian cricket and with a 50-over World Cup on home soil at the end of next summer.