Banking and Finance

Binary Tree has announced the addition of Eli Bakofsky to its senior management team as Chief Financial Officer. In this role, Bakofsky will oversee the company's finance, acquisition, legal, risk management, human resources, and administrative functions. With over 25 years of experience in senior-level accounting, finance, and operations roles, Bakofsky...

The Fracht Group has announced the appointment of Mark Huesler as its new Chief Financial Officer for North America. In this role, Huesler will be responsible for overseeing the company’s financial operations, including strategic financial planning and ensuring fiscal stability. Huesler brings over 20 years of financial leadership experience to...

LVMH is undergoing significant changes in its executive leadership. In an internal announcement on Monday, the French luxury conglomerate revealed that Pierre-Emmanuel Angeloglou will become the new CEO of Fendi starting June 1. Angeloglou, who currently serves as managing director of the LVMH Fashion Group, will maintain this position alongside...

Krishna Rao, an Indian American strategic finance leader, has been named the Chief Financial Officer of artificial intelligence startup Anthropic. Anthropic announced Rao's appointment on May 21, highlighting his nearly 20 years of experience in strategic finance roles for customer-centric, high-profile brands, as well as his background as an investor. The company emphasized...

Hotel Equities (HE) has announced the promotion of Eric McCarthy-Zink to Chief Financial Officer. McCarthy-Zink joined HE in 2021 as part of the company's strategic partnership with The Hotel Group. Recognizing his early potential, HE quickly promoted him to oversee hotel accounting for the enterprise. His leadership and expertise have been pivotal...

Genel Energy, an oil producer focused on Iraqi Kurdistan, has appointed Esa Ikaheimonen as its new Chief Financial Officer. Esa Ikaheimonen will assume his role on July 3, based in London. He replaces Ben Monaghan, the outgoing CFO. This appointment marks a shift in the leadership team, which had been predominantly composed of...

Marcus Teilman, who has served as the CEO of Fragbite Group, a prominent gaming and esports company, has stepped down from his role. According to the company, Teilman is leaving to explore new opportunities. Stefan Tengvall, currently the Chairman of the Board of Directors, will temporarily take over as CEO....

Ashok Leyland has announced the appointment of K.M. Balaji as its new Chief Financial Officer, effective June 1, 2024. Balaji, currently serving as Deputy CFO, will succeed Gopal Mahadevan, who will transition to the role of Director of Strategic Finance and M&A while continuing his association with the company. Balaji’s...

Air India has appointed Sanjay Sharma as its new Chief Financial Officer, effective June 10. He steps into the role following the retirement of Vinod Hejmadi, who dedicated over 30 years to the airline. Sharma brings over 30 years of expertise in Corporate Finance, Investment Banking, and Real Estate. He...

SiriusPoint Ltd. announced that Jim McKinney will be the new Chief Financial Officer, effective June 3, 2024, succeeding Steve Yendall, and will report directly to CEO Scott Egan as a member of SiriusPoint's Executive Leadership Team. Jim McKinney brings over two decades of experience to his new role, with a proven track record as...