Banking and Finance

Gilion, the innovative financing and analytics platform formerly recognized as ArK Kapital, unveils a significant milestone in its expansion journey by introducing Oscar Werner, a seasoned industry professional, to its team. Werner brings a wealth of experience, having recently steered omnichannel communications giant Sinch as its CEO. During his tenure...

Exa Infrastructure has appointed Jim Fagan as its new CEO, effective August 1. Fagan brings a wealth of experience to Exa, having previously served as CEO at Aqua Comms since May 2023. Prior to his tenure at Aqua Comms, Fagan played a pivotal role at Global Cloud Exchange, where he...

Energy Recovery, Inc. (Nasdaq: ERII) has disclosed that Joshua Ballard has chosen to step down from his role as Chief Financial Officer at the conclusion of June 2024. The company has initiated a search, in collaboration with executive search firm Korn Ferry, to identify its next CFO. David Moon, President...

In a significant reshuffle of its top management, Kotak Mahindra Bank unveiled several strategic appointments aimed at bolstering its leadership team and driving forward its growth and innovation agenda. Effective April 1, 2024, Devang Gheewalla will assume the role of Chief Financial Officer, succeeding Jaimin Bhatt, who will retire on...

In a strategic move aimed at consolidating its leadership position in the digital banking landscape, Toss Bank has appointed Rhee Eun-mi, former Chief Financial Officer of DGB Daegu Bank, as its new CEO. Pending approval at the group's general board meeting on March 28, Rhee is slated to assume the...

Ultraviolette Automotive, a leading electric vehicle (EV) platform, has reinforced its leadership team by appointing Ajay Shanker as Chief Financial Officer, signaling a pivotal moment in the company's journey toward global expansion and diversification. Bringing over 25 years of extensive experience to his new role, Shanker's most recent tenure as...

Woolworths' long-serving Chief Executive, Brad Banducci, has unexpectedly tendered his resignation after nearly nine years at the helm of Australia's largest supermarket chain. Banducci's departure comes amidst a tumultuous period for Woolworths, embroiled in parliamentary inquiries and a pricing probe by the competition regulator, investigating allegations of market dominance and...

In a significant leadership transition, AbbVie, a prominent player in the biotech and pharmaceutical sector, has unveiled Robert Michael as its incoming CEO, succeeding the longstanding tenure of Richard Gonzalez. Effective July 1, Michael, currently serving as AbbVie's President and Chief Operating Officer, will assume the reins as the company's...

In a strategic maneuver at the helm of Meati Foods, Phil Graves, who has recently been appointed to serve as Chief Financial Officer, has been named Chief Executive Officer. This move, announced shortly after the onset of February, marks a pivotal moment for the alternative protein manufacturer as it recalibrates...

The stock market is a huge store of wealth.  As of January 1, 2024, the U.S. stock market was valued at $50.8 trillion (combining the New York Stock Exchange, Nasdaq, and Over The Counter U.S.).  That’s enough money to pay off the federal government’s massive debt burden and still leave...