Banking and Finance

Treatt PLC, a manufacturer and supplier of extracts and ingredients for the beverage, flavor, and fragrance industries, has announced the retirement of its Chief Executive Officer, Daemmon Reeve. Reeve will also step down from his role as a director of the company. Treatt stated that it regularly reviews its succession...

Chilean retailer Cencosud has announced the appointment of Renato Gutierrez as its Interim Chief Executive following the departure of the previous chief executive due to sanctions related to insider trading. Cencosud also operates stores in Argentina, Brazil, Colombia, the United States, and Peru. This week, Chilean regulators rejected the nomination...

President Bola Tinubu has given his approval for the appointment of Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI), initially for a four-year term. A statement released by the presidential spokesperson, Ajuri Ngelale, on Thursday announced President Tinubu's approval of Olusi's...

Johnsonville has announced that Nick Meriggioli, the current Chief Executive Officer, will retire, with his last day being December 31. Don Fussner is set to take the reins as Johnsonville's next CEO. He joined the company as Chief Financial Officer in 2019 and later assumed the additional responsibilities of Chief...

On Thursday, Convoy announced that it will be ceasing its operations. Just 18 months ago, Convoy secured $260 million in funding, valuing the company at $3.8 billion. This decision follows closely on the heels of another supply chain software startup, Flexport, which recently announced plans to lay off approximately 20%...

Like so many experiences in life, becoming a great manager is a journey more than a destination. The four management basics below ensure that anyone who works for you will understand their roles and responsibilities, get feedback on their performance, and get coaching for professional growth in both their current...

The phrase ‘social capital’ has been doing rounds in the business world. But what exactly is it?  Social capital refers to shared values/resources that help those involved in working together towards a common goal. In effect, the greater social capital, the greater accessibility to obtaining necessary resources or information.  At...

In the wake of the recent announcement about the consolidation of SEE Holding Ltd, the UAE's premier sustainable global holding company, the Group is pleased to introduce Christine O'Brien as the Chief Financial Officer. Christine O'Brien joins SEE Holding from Elliott Investment Management, a prominent global investment firm. During her...

The Board of Directors of Biocon Biologics has appointed Kedar Upadhye as the new Chief Financial Officer, effective from October 31, 2023. At the same time, the current CFO, MB Chinappa, will transition to a strategic finance role within the Biocon Group. MB Chinappa has been the CFO of Biocon...

Latrobe Magnesium Ltd (ASX: LMG) is set to welcome a new Chief Financial Officer on October 30 as the company advances its efforts to expand operations and establish a magnesium production plant in Victoria's Latrobe Valley. The plant will utilize the company's patented extraction process, a world-first in the industry....