Banking and Finance

After leading DBS Bank for 15 years, Piyush Gupta announced last month that he would step down as CEO in March 2025. His successor, Tan Su Shan, will make history as the bank's first female CEO and the first internal candidate to be appointed to the top position. Tan, 56,...

ING has announced that Michał Bolesławski will take over as Chief Executive Officer of ING in Poland, succeeding Brunon Bartkiewicz when his current term ends in 2025. The news follows a prior announcement in April 2024 regarding Bartkiewicz's planned departure from the role. Bolesławski has been with ING for 24...

Group M has decided to discontinue EssenceMediacom X less than two years after its launch, merging it into the broader EssenceMediacom communications brand. This move aligns with the company's strategy to streamline operations and unify its structure across all Group M agencies. As part of this restructuring, Clare Chapman, who...

Stefan Picard has been appointed as the CEO of Lagardère Travel Retail Cambodia, bringing extensive experience in the travel retail industry. Since joining Lagardère Travel Retail in 1996, Picard has held several senior positions worldwide, most recently serving as the Executive Vice President of Commercial Development and Transformation. In a...

Rosan P. Roeslani, Indonesia's Minister of Investment and Head of the Investment Coordinating Board (BKPM), reported that investment between Indonesia and Africa continues to expand, with Indonesia's total investment in African countries reaching $2.09 billion USD from 2019 to the second quarter of 2024. Meanwhile, African countries have invested $1.73...

Finnish technology company Nordtreat has announced the appointment of Outi Kallio as its new CEO, effective from the beginning of 2025. Kallio brings extensive experience in commercial and industrial management, having held several key positions at Teknos Group, where she is currently the Global Commercial Director. Her background includes significant...

B2C2, a prominent player in the crypto liquidity market, has appointed Cactus Raazi as the new CEO of its US division. Based in New Jersey, Raazi will report to the group CEO, Thomas Restout, and serve on the firm's executive committee. His role will encompass the development and execution of...

SCB Julius Baer has announced the appointment of Adrian Mazenauer as Deputy Chief Executive Officer as part of its recent management restructuring. Mazenauer, who has been with the joint venture between Swiss bank Julius Baer and Siam Commercial Bank since 2018, will continue in his role as head of wealth...

Investcorp Holdings, the Middle East’s largest alternative asset manager, is set to lose one of its most senior executives amid a broad leadership restructuring that will see the co-chief executive officer position abolished. Chairman Mohammed Alardhi will assume greater responsibilities as part of this shift. Hazem Ben-Gacem, who has been...

Intel is preparing to unveil a comprehensive strategy aimed at streamlining its operations and curbing capital expenditure, according to sources close to the company. CEO Pat Gelsinger, along with top executives, is expected to present the plan to the board of directors later this month as they seek to revitalize...