Banking and Finance

Kjell Group has named Thomas Pehrsson as its new Chief Financial Officer and a member of the group management, effective April 15, 2024. Thomas brings with him extensive experience, having previously served as CFO and Deputy CEO at CDON AB. Operating online in Sweden, Norway, and Denmark, as well as...

Vale's Board of Directors, in collaboration with CEO Eduardo de Salles Bartolomeo, has opted to extend his current mandate until December 31st, 2024, while simultaneously commencing the succession process in accordance with Vale's CEO Succession Policy. Furthermore, it has been agreed that Bartolomeo will facilitate the transition to new leadership...

Following the departure of CEO Kelly Bayer Rosmarin in the aftermath of a significant outage, Lambo Kanagaratnam, Managing Director of Networks at Australian operator Optus, has resigned from the company, as reported by The Sydney Morning Herald. The newspaper disclosed details from an internal memo circulated among Optus staff, revealing...

Hitachi Energy has revealed that Andreas Schierenbeck will take the helm as the new Chief Executive Officer, commencing his role on July 1, 2024. Claudio Facchin, the current CEO, will step down from his position at the end of June 2024. Andreas will collaborate closely with the Hitachi Energy Board,...

In the wake of sanctions imposed by Canada over his involvement in Tehran's crackdown on women resisting the hijab, Masoud Dorosti, CEO of Tehran Metro Company, has stepped down from his position. Dorosti found himself on Canada's sanctions list on International Women's Day, a move that coincided with his family's...

In a bid to secure a larger share of Australia's wealthiest families, ANZ is tasking its private bankers with the formidable challenge of outpacing global investment giants like Morgan Stanley and UBS. The bank's ANZ Private division is seizing the opportunity presented by what is anticipated to be one of...

MBIA Inc. (NYSE: MBI), a prominent financial services firm, has revealed that its Executive Vice President and Chief Financial Officer, Anthony McKiernan, will be stepping down from his role. Effective April 30, 2024, McKiernan will vacate his position and resign from all other positions within the company. Assuming the role...

Absolute Software has appointed Saul Gates as its new Chief Financial Officer. With a wealth of experience in financial leadership, Gates will take charge of managing the company's financial operations as it enters its next phase of growth, solidifying Absolute Software's position as the foremost provider of cyber resilience solutions...

Petra Diamonds bids farewell to its Chief Financial Officer of seven years, Jacques Breytenbach, who has tendered his resignation citing "personal reasons." Breytenbach was slated to present the firm's 2024 financial results in late September before relinquishing his duties, as stated in an official announcement by the group. Should the...

Fresenius, a global healthcare enterprise, has announced the extension of Sara Hennicken's tenure as Chief Financial Officer (CFO) until 2027, originally scheduled to conclude in 2025. Assuming the CFO role in 2022, succeeding Rachel Empey, Hennicken has been instrumental in spearheading the company's #FutureFresenius strategy. This strategic initiative has entailed...