Banking and Finance

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...

Consumer healthcare firm Haleon (HLN.L) announced on Wednesday the appointment of Dawn Allen as its new Chief Financial Officer, effective November 1st. Allen, at the age of 55, currently serves as CFO at British food ingredients maker Tate & Lyle (TATE.L) and succeeds Tobias Hestler in the role. The change...

Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC Pink: JXMNF) has announced the resignation of Brian Crawford from his roles as Chief Financial Officer and Corporate Secretary, effective April 12, 2024. The company is currently in the process of selecting Crawford's successor, with an announcement expected in the coming days. Jaxon Mining Inc. is...