CEO Explainers

Binance.US has announced plans to restore its USD services in early 2025, signaling its first significant operational shift since regulatory pressures halted its fiat trading operations. The exchange had suspended dollar deposits and withdrawals in June 2023, following civil claims filed by the SEC that led to restricted banking access....

China’s pursuit of steady economic growth in 2025 is expected to benefit not only its domestic economy but also the Association of Southeast Asian Nations (ASEAN), according to experts. Policies aimed at boosting domestic demand and stimulating consumption are anticipated to positively influence ASEAN economies through enhanced trade and investment...

Shayne Elliott, the outgoing CEO of ANZ, has chosen to relinquish his long-term variable remuneration (LTVR) for 2025, a decision influenced by shareholder opposition ahead of the bank's annual general meeting. Proxy votes revealed that nearly half of ANZ shareholders—49.23%—rejected the proposal to award Elliott restricted and performance rights, signaling...

A landmark report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) has revealed that the global economy incurs losses of up to $25 trillion annually because industries such as agriculture, energy, and fishing fail to address the interconnected crises of biodiversity loss, climate change, and human health....

Telenor Sweden has announced that Jonas Edén, the current head of its B2B division, will assume the role of CEO from January 1, 2025. He will succeed Bjørn Ivar Moen, who is stepping down to return to Norway. Edén has been with Telenor Sweden since 2012, holding a variety of...

Crédit Agricole has announced the appointment of Olivier Gavalda as its next chief executive, succeeding Philippe Brassac. Gavalda, a long-time insider at the bank, will take the helm of France’s second-largest bank as it navigates a turbulent economic landscape at home and complex developments in Italy. Gavalda’s career at Crédit...

Throughout his campaign, President Trump assured voters that the U.S. housing market—alongside immigration, the economy, and the Middle East—was a top priority. As he returns to the White House in January 2025, real estate industry experts are sharing their perspectives on how his second term could impact the sector, the...

Finova, a UK-based provider of mortgage and savings software, has announced new leadership appointments, including a CEO and Chief Product Officer (CPO). These changes come four months after Bain Capital Tech Opportunities (BCTO), the technology investment division of Bain Capital, completed the acquisition of Finova and Iress’ UK Mortgage Sales...

AS Roma is reportedly finalizing the appointment of a new CEO following an extensive search that began on September 22. The leading candidate for the role is Marzio Perrelli, the current Executive Vice President of Sky Italia, who appears to have outpaced all other contenders. The position has been vacant...

Guido Dalessi, the CEO of Dutch long-duration electricity storage company Elestor, will conclude his tenure at the end of 2024. Hylke van Bennekom, currently the Chief Operations Officer (COO), will assume the role of CEO starting January 1, 2025. Dalessi expressed confidence in the leadership transition, stating that he leaves...