Banking and Finance

The World Bank Group (WBG) has ranked Hong Kong among the top 10 economies in its Business Ready 2024 Report. This recognition highlights the city’s robust international trade capabilities and efficient business infrastructure. The Hong Kong government welcomed the report, calling it a testament to the city’s status as a...

GoTyme, the digital banking arm of the Gokongwei Group of Companies, has been recognized as the top local bank for customer experience (CX) by leading global research and advisory firm Forrester. The bank, a collaboration between the Gokongwei Group and multi-country digital banking group Tyme, earned the highest scores in...

Genesco has appointed Sandra Harris, a seasoned retail executive, as its new Chief Financial Officer. Harris brings a wealth of experience from her decade at VF Corp., where she was instrumental in driving global business and financial strategies across a diverse portfolio of brands. Genesco CEO Mimi Vaughn highlighted Harris’...

India’s industrial sector is expanding rapidly, paving the way for the country to target economic growth exceeding 9%, according to NITI Aayog CEO B V R Subrahmanyam. Speaking at a press conference following the release of the Annual Survey of Industries (ASI) by the Ministry of Statistics and Programme Implementation...

Hotel Engine, a Denver-based travel tech startup, has recently secured one of the year’s largest funding rounds for a travel company, raising $140 million and achieving a valuation of $2.1 billion. The company, which initially focused on hotel bookings for business travel, is now broadening its offerings to include flights...

Sébastien Desreumaux has been appointed as the new CEO of Uperio Group, taking over from President and Founder Philippe Cohet, who will remain involved as a member of the company’s supervisory board. Desreumaux expressed his gratitude to Cohet for facilitating a smooth transition and assured the Uperio team in Europe...

Wilhelmsen Ship Management has announced the retirement of Carl Schou after nearly two decades of service, including 16 years as CEO. Schou’s tenure was marked by the company’s navigation through industry challenges, with a focus on safety, innovation, and growth. Haakon Lenz, the current Chief Operating Officer, is set to...

Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management, has announced the appointment of Ed West as its new Chief Executive Officer and member of the Board of Directors, effective immediately. Scott Carter, who has been serving as Interim CEO since June...

The Australian Airports Association (AAA), the representative body for airports across the country, has announced the appointment of Simon Westaway as its new Chief Executive Officer, effective November 4. With over 25 years of experience in executive roles, particularly in aviation and tourism, Mr. Westaway brings extensive expertise to his...

Bernard Arnault, CEO of luxury giant LVMH and France’s wealthiest individual, has expanded his media holdings with the acquisition of Paris Match, bringing the iconic magazine under his growing empire. The deal, announced on Tuesday, also includes other notable publications, such as Le Journal du Dimanche, which had been overseen...