Banking and Finance

Tamilnad Mercantile Bank (TMB) has announced the resignation of S Krishnan (Sankarasubramaniam Krishnan) from the position of MD & CEO of the bank. This development comes just a week after the Thoothukudi-based bank made headlines for erroneously crediting ₹9,000 crore to a taxi driver's account. Krishnan assumed the role of MD...

On Thursday, GameStop, the video game retailer, announced that billionaire activist investor Ryan Cohen has assumed the positions of Chief Executive, Chairman, and President, effective immediately. It's worth noting that he will not be receiving a salary for his role. Following this decision, GameStop's stock fell by 1.8%. On Wednesday,...

SaaS platforms consolidate various business operations, enhancing efficiency and enabling data-driven insights. Because of this, many senior managers want to invest in SaaS tools to drive business success. But how do you navigate the expansive SaaS market and potential barriers to implementation? Software as a service has become a significant...

According to a press release issued on Wednesday, Pinstripes has announced the appointment of Tony Querciagrossa as Chief Financial Officer and Shannon Keller as Chief Marketing Officer as part of its preparations to go public through a deal with Banyan Acquisition Corp. Querciagrossa most recently served as the President of...

Safestore, the self-storage group, has announced the retirement of its Chief Financial Officer, Andy Jones, who has been with the company for over a decade. While an external search for his replacement is set to commence soon, Jones will continue in his role until a suitable successor is identified. Frederic...

Vanquis Banking Group has announced the appointment of Dave Watts as its new Chief Financial Officer, effective from November. The London-listed firm noted that this decision is subject to regulatory approval. Gareth Cronin, who had been serving as the interim Chief Financial Officer since August, will return to his primary role...

Stelrad (SRAD.L (LSE)) has appointed Annette Boréna as the new Chief Financial Officer. Annette will assume the role starting from November 1, 2023, and will become an Executive Director of the Board on November 22. Borén most recently served as the CFO for Northern Europe at Hilti, a manufacturer of...

Eriez® has announced the appointment of Daryl Leach as Chief Financial Officer and Treasurer. According to Lukas Guenthardt, who serves as President and CEO, Leach brings a wealth of financial expertise and leadership experience to the Eriez corporate team. Before joining Eriez, Leach played a pivotal role in driving financial...

GuideWell, a mutual insurance holding company, has announced the appointment of Jeffrey Goddard (Jeff) as its Executive Vice President and Chief Financial Officer (CFO), effective as of October 2, 2023. Jeff Goddard takes over the role from Thurman Justice, who earlier this year assumed leadership of the managed care business...

Uber Technologies, Inc. (NYSE: UBER) announced that Prashanth Mahendra-Rajah will join the company as its Chief Financial Officer on November 13, 2023. Dara Khosrowshahi, CEO of Uber, expressed his confidence in Mr. Mahendra-Rajah, describing him as an exceptionally skilled and dynamic finance executive with extensive experience in complex industries. Khosrowshahi...