Banking and Finance

In 2024, Julius Baer has reported a 12% increase in assets under management, reaching 480 billion Swiss francs, thanks to substantial net new money inflows across key global markets. Between July and October, the bank saw net new money flows amounting to 7.5 billion francs. Although a major transaction boosting...

Former politician and ambassador, Raymond Loretan is the President of the Grand Prix d’Horlogerie de Genève (GPHG), the foundation that best represents and promotes globally one of the finest arts of Switzerland, watchmaking. “We are a platform, at the services of the entire global network of watchmaking, end to end,...

American Commercial Barge Line (ACBL) has announced the appointment of Peter Coxon as its new Chief Executive Officer, a role he assumed with immediate effect. With over four decades of experience in the maritime sector, Coxon steps into his new position bringing a wealth of knowledge as both an operator...

Ørsted’s Group Executive Vice President and Chief Executive for the Americas is set to move into a new position as Global Chief Commercial Officer for Wind at GE Vernova, a major player in wind turbine manufacturing. Hardy is expected to officially step down from his role at Ørsted on November...

Manulife Financial recently announced a major leadership transition, as Asia division head Phil Witherington is set to replace current CEO Roy Gori. Gori, who has led Canada's largest life insurance company since 2017, will step down from his role on May 8, 2025, but will remain with the company as...

Greencross Pet Wellness Company has revealed that Lucas Barry will take on the role of Chief Executive Officer starting January 1, 2025. Barry, currently serving as Group Chief Operating and Financial Officer, will step into the position following the departure of George Wahby, who has chosen to step down to...

ZEE Entertainment Enterprises Limited (ZEEL) experienced a notable 7.6% increase in its share price following the announcement of a key leadership change. Punit Goenka has stepped down from his role as Managing Director to take on the position of Chief Executive Officer, a move intended to simplify leadership and boost...

The leadership reshuffle at Kering continues, with significant changes at two of its prominent fashion houses. On Monday, Kering announced that Cédric Charbit, currently CEO of Balenciaga, would succeed Francesca Bellettini as CEO of Saint Laurent. In turn, Gianfranco Gianangeli will take over from Charbit as the new CEO of...

Bangkok's prime Grade A office buildings have seen vacancy rates spike to 26.3%, signaling a growing oversupply in the market. Nevertheless, Frasers Property Limited, under the leadership of Panote Sirivadhanabhakdi, is optimistic that the ongoing US-China trade tensions will boost demand for office and industrial properties across Southeast Asia. With...

Citycon Oyj's Board of Directors has made a unanimous decision to appoint Oleg Zaslavsky as the company's new CEO, with his tenure set to begin by April 2025. Zaslavsky will be stationed in Helsinki, Finland, while F. Scott Ball will remain as the interim CEO until Zaslavsky officially steps into...