Cyient has announced the appointment of Sukamal Banerjee as its Executive Director and Chief Executive Officer (CEO) for a five-year term, effective February 19, 2025. Alongside his new role, Banerjee will be designated as a key managerial personnel and will become part of the company’s senior management team. His appointment...

Transocean, the world’s largest offshore drilling company, announced on Tuesday that longtime CEO Jeremy Thigpen will transition into a new role as chairman of the company’s board. Thigpen, 50, has led Transocean since 2015, steering it through one of the most challenging downturns in the offshore drilling market. Under his...

At a recent event in India, Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and the President and CEO of QatarEnergy, emphasized the necessity of a diversified and balanced global energy mix. He stressed that a "realistic energy transition" must consider each country's economic growth strategies, energy needs,...

Conservation International and the Pacific Community (SPC) have secured a transformative $107.4 million grant from the Green Climate Fund (GCF) to help 14 Pacific Island nations safeguard the economic and social benefits derived from tuna amid growing climate threats. This historic funding—one of the largest climate grants ever awarded in...

Sun Life Malaysia has appointed Noor Azam bin Mohd Yusof as the chief executive officer of Sun Life Malaysia Takaful Berhad (SLMT), following the retirement of Jeffry Azmi. In his new role, Azam will oversee all aspects of the business, ensuring Syariah compliance and governance while driving the execution of...

Japan Starting in April 2025, Tokyo will introduce a four-day workweek for government employees. Announced in December 2024, the initiative aims to address declining fertility rates, which stood at 1.2 in 2023, and combat karoshi—death by overwork. The program also seeks to improve gender balance in the workforce, as 55%...

Swiss senior executives are beginning 2025 with a positive outlook, with more than half (56%) expecting global economic growth over the next year, according to PwC’s Annual Global CEO Survey. Concerns about economic decline have significantly diminished, with only 20% of executives fearing a downturn—down from 52% in the previous...

Elon Musk’s social media platform, X, is reportedly in discussions with investors to secure additional funding at a $44 billion valuation—the same price Musk paid when he took the company private in 2022 and rebranded it. If successful, the fundraising effort would mark a significant turnaround for X and its...

A growing number of C-suite executives reporting to CEOs, excluding CHROs, are considering leaving their current roles within the next two years. According to Gartner, Inc., 56% of these leaders indicated they were likely or extremely likely to exit their positions during this timeframe. A Gartner survey conducted in October...