archiveChief Budget Officer Insider

Givenchy, part of the LVMH luxury conglomerate, has appointed Alessandro Valenti as its new CEO. This announcement follows the departure of Matthew Williams as creative director in January and Renaud De Lesquen's decision to pursue a new career path. Valenti, previously the president of EMEA (Europe, Middle East, and Africa)...

Singapore boasts a significant number of billionaires, with one-third of its wealthiest individuals originally hailing from other countries. Let's explore the origins of these influential figures. Li Xiting, originally from Anhui, China, moved to Singapore and obtained citizenship in 2018. He is currently the wealthiest billionaire in Singapore, with a...

The wealthiest individuals in the world often choose unique and lavish locations for their homes, reflecting their distinct lifestyles and preferences. Elon Musk, who holds the title of the richest person globally, has shifted his primary residence from California to a compact prefabricated house in Boca Chica, Texas, that spans...

Much has been written about the impact of inflation on retail sales. Most global consumers live that impact – when their money doesn’t go as far, they become more discerning where they spend it. That produces more pressure on retailers to retain existing consumers and attract new ones. Pressure Produces...

What, exactly, is a chief financial officer? According to Investopedia, “The term chief financial officer refers to a senior executive responsible for managing the financial actions of a company. The CFO's duties include tracking cash flow and financial planning, as well as analyzing the company's financial strengths and weaknesses and...

China's top four tech moguls, with a collective net worth of $165 billion, have established their companies as global powerhouses in e-commerce, social media, and online gaming, according to New Fortune magazine. Colin Huang, the founder and CEO of Pinduoduo, is the wealthiest figure in China's tech industry, with a...

Senegal officially joined the ranks of oil-producing nations, with the extraction of the first barrels from the Sangomar field off the coast of Dakar on June 10. This $5 billion project aims to produce 100,000 barrels per day. Ameth Guisse, CEO of Maak Petroleum Company, believes this will reduce energy...

A significant majority of CEOs are planning to increase their travel budgets this year, viewing business travel as essential for both revenue generation and employee morale. This insight comes from the Value of Business Travel Report, commissioned by TravelPerk and published on June 13. The report surveyed 4,600 business travelers,...

Travellers International Hotel Group Inc., the owner and operator of Manila's Newport World Resorts, has named Laurence Hawke as its new Chief Financial Officer. He will assume his role in July. Background and Experience: Laurence Hawke brings 30 years of experience in the integrated resort sector. Most recently, he served...

At the heart of business growth is the concept of allyship—a proactive and persistent effort to use personal privilege to uplift those who are marginalized. Allyship is essential for creating a culture shift in any organization. However, embarking on this journey can often appear complex and daunting. This article delves...