Banking and Finance

Renowned iron ore billionaire Gina Rinehart has expanded her investment portfolio by amassing a near-6% stake in Lynas Rare Earths Ltd., signaling her strategic focus on critical mineral producers crucial to the energy transition. Through her private company Hancock Prospecting Ltd., Rinehart acquired 6.6 million shares in the Sydney-listed company,...

LIV Golf is set to announce a series of significant personnel changes, positioning the organization for its next phase of growth and innovation. Among the key appointments is the naming of David Phillipps, former Endeavor executive, as the new Chief Financial Officer. Phillipps, previously the CFO at Equinox Group and...

Bloom Energy Inc. (NYSE: BE) has announced the appointment of Daniel Berenbaum as its new Chief Financial Officer, effective April 29, 2024. Berenbaum, a seasoned financial and operational executive with over thirty years of experience, will succeed Greg Cameron, who will support the transition until mid-May 2024. Berenbaum's impressive career...

The New Development Bank (NDB) has embarked on the process of identifying a successor for Leslie Maasdorp, the current Vice President and CFO, as he prepares to conclude his nine-year tenure at the institution on July 7, 2024. Following the completion of the recruitment process, the Cabinet will announce the...

QinetiQ Group, a global leader in technology and defense solutions, is set to undergo a significant transition in its executive leadership with the appointment of Martin Cooper as the group's new Chief Financial Officer. Cooper will succeed Carol Borg, who is stepping down from the role with the board's agreement....

Asos, the renowned e-commerce platform, has appointed Dave Murray, former CFO of Matches, to the role of Chief Financial Officer amidst its interim results unveiling an 18% year-on-year revenue decline. Murray, whose tenure begins on April 29, brings extensive financial expertise garnered from various prominent roles, including his previous stint...

Omega Therapeutics, a leading biotechnology firm, is poised for a significant shift in its executive team. The company, listed on NASDAQ under the ticker symbol OMGA, has announced a forthcoming change in its financial leadership, signaling the planned departure of Chief Financial Officer Joshua Reed. Effective May 31, 2024, Reed...

In a significant move, BharatPe, the pioneering fintech in digital payments, has appointed Nalin Negi as its CEO, marking a strategic transition in its leadership. As Negi assumes the mantle of CEO, BharatPe embarks on the quest for a new CFO. Negi, who has been serving as the company's CFO...

Unispace Group unveils its latest strategic moves, bolstering its EMEA operations with the appointment of Rob Frank as CEO of Corporate Interiors, EMEA, and key additions to its leadership cadre. With a distinguished background as a board director in multinational workplace fit-out firms, including BW: Workplace Experts and Morgan Sindall,...

In a strategic move, Stark Group has appointed Thomas Ahle to serve as  Group Chief Financial Officer, effective no later than September 1, 2024. He succeeds Sisse Fjelsted Rasmussen, who has opted to transition into a new phase of her career as a board member and advisor. Ahle brings with...