Banking and Finance

Mainstream Renewable Power is poised for a transformative phase with the appointment of Julie Berg as its Chief Financial Officer, effective from the second quarter of 2024. Berg assumes the CFO mantle from Paul Corrigan, who has steered Mainstream's financial strategies since 2020. Notably, Corrigan's pivotal role in streamlining Mainstream's...

MPC Capital, a stalwart in asset and investment management, is undergoing a significant leadership shift. Constantin Baack, previously at the helm of Oslo-listed tonnage provider MPC Container Ships, has been chosen to steer the course at German-based MPC Capital. This transition follows the tenure of Ulf Holländer, who led the...

In a significant development, Morgan Stanley Private Equity Asia (PEA) is undergoing a strategic realignment in the Asian region following the retirement of its current Chief Executive of Asia, Chin Chou. This restructuring, as detailed in an internal memo, marks a pivotal moment for the renowned financial institution. A notable...

Encompass Corporation, a trailblazer in Corporate Digital Identity (CDI), is thrilled to announce the appointment of Stuart Barnard as its inaugural Chief Financial Officer. As CFO, he assumes responsibility for overseeing Encompass' global financial and business operations, wielding his seasoned leadership across pivotal domains, including finance, legal, human resources, revenue...

Lendingkart Group, a trailblazer in democratizing credit access for MSMEs across India, proudly announces the appointment of Mukund Barsagade as its Group Chief Financial Officer. With a career of over 28 years in the BFSI and IT sectors, Mukund brings a wealth of experience and strategic foresight to his new role. In...

Ocean Mist Farms, a stalwart in the realm of fresh produce, proudly announces the appointment of Tim Wolfli as its new Chief Financial Officer. Wolfli's illustrious career includes pivotal roles at esteemed organizations such as Dole Food Co. in Salinas, CA, Performance Food Group in Santa Cruz, CA, and, most...

Joining Beacon as the Executive Vice President and Chief Financial Officer is Prithvi Gandhi, set to commence his tenure on May 1, 2024. Assuming the CFO role shortly thereafter, on or around May 6, 2024, Gandhi brings a wealth of experience and strategic acumen to the company. Before joining Beacon,...

Bank of America and Goldman Sachs shareholders rejected proposals to split the chair and chief executive roles, defying calls for improved corporate governance from proxy advisers. Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co. (Glass Lewis) recommended stripping Goldman CEO David Solomon and BofA CEO Brian...

Amidst a challenging trading landscape, the Hong Kong stock exchange reported a 13% decline in profit for the first quarter, setting a tough start for newly appointed Chief Executive Officer Bonnie Chan. Despite surpassing analyst estimates, core revenue slid 7% during the period, reflecting the uphill battle faced by Chan...

In response to the shifting landscape post-Brexit, Goldman Sachs has opted to relocate a senior banker to Paris, signaling a strategic recalibration of its operations. This decision underscores the evolving dynamics within the financial industry following the UK's departure from the European Union, prompting concerns and considerations for London businesses regarding access...