Bayobab Group has announced the appointment of Mazen Mroué as the new CEO of MTN Digital Infrastructure. In his new role, Mroué will be responsible for overseeing Bayobab’s Fixed Infrastructure and Communication Platforms business units. He will also lead the execution of the company’s Data Centre Business Strategy, aiming to...

Nearly 60% of CEOs worldwide anticipate an improvement in global economic growth over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, released during the World Economic Forum Annual Meeting. The survey, which gathered insights from 4,701 CEOs across 109 countries and territories, also revealed that 42%...

Generative AI (GenAI) continues to influence organizational strategies, with over half of CEOs reporting improvements in workforce efficiency and one-third citing financial gains, according to new research. PwC’s 28th Annual Global CEO Survey, which gathered responses from 4,701 CEOs across 109 countries, revealed that 56% of respondents experienced enhanced workforce...

Bank of America CEO Brian Moynihan has stated that the U.S. banking industry is prepared to embrace cryptocurrencies for payment transactions—provided regulators give their approval. Speaking at the World Economic Forum in Davos, Switzerland, Moynihan indicated that if regulatory frameworks were established to legitimize crypto transactions, the banking system would...

DAZN, the sports streaming platform, has announced that Bosco Aranguren, CEO of DAZN Spain, will be leaving the company to pursue a new opportunity. His successor, Oscar Vilda, former CEO of Finetwork, is set to take over the role starting February 1st. Since joining DAZN in 2022, Aranguren has played...

Pharming Group N.V. (EURONEXT Amsterdam: PHARM/Nasdaq: PHAR) has announced the nomination of Fabrice Chouraqui as its new Executive Director and Chief Executive Officer, set to succeed Sijmen de Vries. The company plans to formally propose Chouraqui's appointment for a four-year term at an upcoming Extraordinary General Meeting of Shareholders (EGM),...

Col Needham, the founder of the entertainment information platform IMDb, has stepped down as CEO of the Amazon-owned company. Having established IMDb in 1990, Needham has now moved into the position of executive chair, while Nikki Santoro, previously the company’s chief operating officer since 2021, has been appointed CEO. She...

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) reported a net profit of nearly $851.96 million for the full year of 2024, marking a 19.56% increase from the $712.6 million recorded in 2023. According to its latest financial report, the bank achieved a pre-tax profit (PBT) of $1.09 billion, reflecting...

Saudi Aramco's chief executive, Amin Nasser, recently shared his perspective on the state of the oil market, expressing confidence in its overall health. He projected a rise in global oil demand by an additional 1.3 million barrels per day (bpd) this year, bringing the total to nearly 106 million bpd,...