Banking and Finance

A significant development unfolds at Byju's group firm Aakash Educational Services Ltd as Deepak Mehrotra assumes the mantle of Managing Director and Chief Executive Officer, marking a pivotal transition for the renowned edtech company. With immediate effect, Mehrotra steps into his new role, signaling a fresh chapter for Aakash Educational...

Martin Lindqvist's illustrious tenure at SSAB, which commenced in 1998 and saw him assume the role of President and CEO in 2011, draws to a close, marking the end of an era defined by transformative initiatives and strategic advancements. Under Lindqvist's astute leadership, SSAB navigated significant milestones, including the landmark...

As of April 1, 2024, Eva Baumann takes the reins as CEO of the esteemed CHT Group, joining forces with Prof. Dr. Klaus Müller, who is the CFO, to lead the globally renowned organization. Baumann's journey to the CEO position is marked by a trajectory of remarkable success. Prior to...

HSB Canada, an insurer under the Munich Re umbrella, welcomes Barbara Bellissimo as its new President and Chief Executive Officer, marking a pivotal transition effective April 1st, 2024. Bellissimo steps into this role succeeding John Mulvihill, who retires after a remarkable 34-year tenure with the company. During Mulvihill's stewardship, HSB...

In today's fast-paced and ever-evolving business landscape, innovation is the key to staying ahead of the curve and driving exponential growth. As a CEO, fostering a culture of innovation within your organization is essential for unlocking new opportunities, driving efficiency, and ensuring long-term success. In this article, we will explore...

UBS Group AG's CEO, Sergio Ermotti, earned 14.4 million Swiss francs (equivalent to $15.90 million) in 2023, making him the highest-paid executive among leading European banks last year. In April 2023, he returned to UBS to lead the multi-year project of the emergency takeover of Credit Suisse. Prior to this,...

The compensation received by CEOs of major financial firms in 2023 ranged from around $25 million to $35 million, with some experiencing an increase in pay and others a decrease. The disclosures of these payments provide insight into how bank boards' compensation committees made pay decisions at the end of...

Intesa Sanpaolo ISP.MI unveiled Luca Bocca as its new finance chief in a strategic management overhaul aimed at fortifying Italy's largest bank for future endeavors, CEO Carlo Messina disclosed. Bocca, previously the bank's deputy chief financial officer, steps into the shoes of Stefano Del Punta, whose tenure as Intesa's CFO...

In a strategic move signaling its commitment to financial stewardship, Provident Bancorp Inc (PVBC) unveils Kenneth R. Fisher as the Acting Chief Financial Officer of Provident Bancorp, Inc. and BankProv. Fisher brings a wealth of expertise to the role, boasting credentials as a Certified Public Accountant and drawing from his...

Centra, a beacon of healthcare excellence, finds itself amidst a transition as its CEO bids farewell, paving the way for an interim President and CEO to navigate the organization's next chapter. In a statement released on Thursday, Centra revealed the appointment of Richard Tugman, CEO of Piedmont Community Health Plan,...