Banking and Finance

Envoy Global has appointed Kimberly Simonton as Chief Financial Officer and Florent Frapolli as President of Global Visas and Consular Services. Simonton brings three decades of experience in global finance and operations. Prior to joining Envoy Global, she served as CFO for Intelligent Medical Objects, where she oversaw accounting, legal,...

BW Energy Limited has named Brice Morlot as its new Chief Financial Officer, effective June 30. Morlot succeeds Knut Sæthre, who has served as CFO since 2019, significantly contributing to the company's financial management and strategic direction. BW Energy CEO Carl Arnet expressed enthusiasm for Morlot's appointment, emphasizing the company's...

Marks & Spencer (M&S) has announced Alison Dolan as its new Chief Financial Officer, following the retailer's impressive profit performance and the declaration of its first yearly dividend since 2019. Dolan, transitioning from her role at the real estate portal Rightmove, will succeed interim CFO Jeremy Townsend, who will remain...

Gildan CEO Glenn Chamandy revealed at a news conference that the prolonged five-month conflict between shareholders and the board had cost the company millions of dollars. Chamandy returned to the CEO position in May following the resignation of his successor, Vince Tyra, and the company's board of directors. This leadership...

UiPath shares plummeted over 30% on Wednesday following the announcement that CEO Rob Enslin will resign effective June 1. Co-founder Daniel Dines, who stepped down as co-CEO on January 31, will assume the CEO role once again. Enslin expressed confidence in UiPath's future in the AI and automation market, noting...

UBS has named Iqbal Khan as the new President of the Asia-Pacific (APAC) region, effective September 1. Khan will also serve as co-president of Global Wealth Management (GWM). He is set to relocate to Asia later this summer with his family. Khan takes over from Edmund Koh, who has been...

Lars-Christian Svensen is stepping down as the Chief Executive of John Fredriksen-backed dry bulk company Golden Ocean Group (NASDAQ: GOGL). Svensen, who initially stepped up as interim head in June last year and took on the permanent CEO role in January, has decided to pursue new opportunities, as announced by...

Ilana Wisby, a significant figure in the quantum computing sector and also the former CEO of Oxford Quantum Circuits (OQC), has announced her departure from the company via LinkedIn. Last year, OQC secured a $100 million investment round led by SBI Investment, a prominent Japanese venture capital firm. Gerald Mullally,...

Cathie Wood, CEO of Ark Investment, recently met with El Salvador's President Nayib Bukele to explore broader applications of Bitcoin in the country, leveraging innovative adoption of Artificial Intelligence (AI). El Salvador currently holds 5,764.76 BTC, with an unrealized profit of 58%, amounting to $74,892,766 at the current Bitcoin price....

ForFarmers has announced the appointment of Marloes Roetgerink to its executive board as Chief Financial Officer. Roetgerink received shareholder approval during the annual general meeting on May 28 and will commence her role on June 1. Her term will extend until the annual general meeting in 2028, with the possibility...