Banking and Finance

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...

Nomad Foods Limited (NYSE: NOMD) has announced the appointment of Ruben Baldew as its new Chief Financial Officer, effective June 17, 2024, pending receipt of applicable work authorizations. Baldew will succeed Samy Zekhout, who is leaving to pursue new opportunities outside the company. Zekhout will remain with Nomad Foods until...

Procter & Gamble Hygiene announced that Chief Financial Officer Prashant Bhatnagar will resign effective June 28, 2024, after nearly 28 years with the company. Mrinalini Srinivasan has been appointed as the new CFO, starting June 29, the company disclosed to the exchanges. Expressing her enthusiasm, Srinivasan said she is honored...

Sony Pictures Networks India (SPNI) has named Gaurav Banerjee as its new Chief Executive Officer. Banerjee steps into the role following the departure of NP Singh, who resigned last week after a 25-year tenure at Sony. Banerjee is expected to commence his new role by August, according to media reports....

UK asset management firm Abrdn has announced that Stephen Bird will be stepping down as group CEO after a four-year tenure. The decision comes after a significant strategic repositioning of the company, with both the board and Bird agreeing that it is the right time for him to pass the...

Itasca MGA has appointed Gareth John as its new Chief Executive Officer and Director. John takes over from Kostya Zolotusky, who has been CEO since the company's inception and will be retiring at the end of May. The company, established in 2023 by Castlelake and Pine Walk, operates under the...

Gallagher Re Japan has unveiled significant changes in its senior leadership team, appointing George Sherriff as the new CEO and Tsuyoshi "Travis" Noguchi as Chairman. Sherriff, who currently leads the Global Client proposition across the Asia Pacific from Singapore, will maintain his oversight of this offering as he transitions into...

IOI Properties, under the control of Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng, has appointed real estate veteran Lorraine Shiow as the new CEO for Singapore. This strategic move aims to bolster the company's expansion in the city-state, a critical market where a significant portion of IOI's...

Your Part-Time Controller, LLC (YPTC) has appointed Nick Celenza as its new Chief Financial Officer. With extensive experience in both public companies and private equity environments, Celenza brings a robust background in financial strategy and operational leadership. Jennifer Alleva, CEO of YPTC, highlighted Celenza’s financial expertise and leadership experience, noting...