Banking and Finance

De Beers Group has appointed Sandrine Conseiller as the new CEO of De Beers Brands, taking over from the current head, Marc Jacheet, who is stepping down from his position after serving for a year and a half. In her new role, Conseiller will be responsible for overseeing the development...

Following Uday Kotak's resignation as CEO and MD of Kotak Mahindra Bank, the bank announced on Saturday that Ashok Vaswani, a successful international banker, would be the next CEO. "Ashok Vaswani is a world-class leader and banker with a digital and customer focus. I am proud that we bring a...

Tiger Brands (TBSJ.J), South Africa's largest food producer, announced on Friday that a new CEO would assume the role at the beginning of the next month to address the current challenges facing the company. This news resulted in a boost in the company's shares of just over 10%. Noel Doyle,...

Hengde Qin has been appointed as the new Chief Financial Officer of Syngenta Group, effective from December 1, 2023, as announced in a press release on October 20. Hengde Qin will take over the role of CFO from Chen Lichtenstein, who has been in this position since the creation of...

Dollarama Inc. (TSX: DOL) announced the appointment of Patrick Bui as Chief Financial Officer effective December 18, 2023. Dollarama is a well-known Canadian value retailer offering a wide array of consumable products, general merchandise, and seasonal items both in-store and online. Additionally, Dollarama has 1,525 locations across Canada and holds...

Over the past 90 days, Johann Rupert, South Africa's wealthiest and the second-richest person in Africa, has seen his net worth shrink significantly by $3.9 billion. On 16 July 2023, Johann Rupert's wealth was estimated at 14.4 billion dollars. Since then, it's decreased significantly to 10.5 billion dollars, a drop of...

Since Thursday, billionaire Elon Musk has experienced a reduction in his fortune of more than US$22 billion due to Tesla's disappointing third-quarter financial results, which hurt stock prices. The decrease in net worth to $204 billion is monumental, and further reduces the wealth gap between Musk and Bernard Arnault, the...

Mentioning sports that bring a great deal of wealth to athletes, basketball is undoubtedly at the top of that list. This sport enjoys great fame in the United States and is followed by many people in other parts of the world. It's projected that by 2023, the global market value...

Frontier Group Holdings has appointed its longtime Chief Financial Officer, James Dempsey, as the President of the company. The parent company of Denver-based Frontier Airlines made this announcement on October 19th. Dempsey will transition into his new role as President, and the current Chief Accounting Officer, Mark Mitchell, will take...

Viavi Solutions Inc. (NASDAQ: VIAV) has announced the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer, effective November 7, 2023. In this role, Mr. Daskal will report to President and Chief Executive Officer Oleg Khaykin. Oleg Khaykin expressed his satisfaction with Ilan's appointment, saying, "I am...