At the helm of Thailand's monarchy reigns King Maha Vajiralongkorn, securing the top spot as the world's richest monarch with a staggering net worth of $43 billion. For eight decades, the management of Thailand's royal assets rested with the Crown Property Bureau until a pivotal shift occurred in 2016, transferring...

In a significant reshuffle of its top management, Kotak Mahindra Bank unveiled several strategic appointments aimed at bolstering its leadership team and driving forward its growth and innovation agenda. Effective April 1, 2024, Devang Gheewalla will assume the role of Chief Financial Officer, succeeding Jaimin Bhatt, who will retire on...

In a strategic move aimed at consolidating its leadership position in the digital banking landscape, Toss Bank has appointed Rhee Eun-mi, former Chief Financial Officer of DGB Daegu Bank, as its new CEO. Pending approval at the group's general board meeting on March 28, Rhee is slated to assume the...

Ultraviolette Automotive, a leading electric vehicle (EV) platform, has reinforced its leadership team by appointing Ajay Shanker as Chief Financial Officer, signaling a pivotal moment in the company's journey toward global expansion and diversification. Bringing over 25 years of extensive experience to his new role, Shanker's most recent tenure as...

Woolworths' long-serving Chief Executive, Brad Banducci, has unexpectedly tendered his resignation after nearly nine years at the helm of Australia's largest supermarket chain. Banducci's departure comes amidst a tumultuous period for Woolworths, embroiled in parliamentary inquiries and a pricing probe by the competition regulator, investigating allegations of market dominance and...

In a significant leadership transition, AbbVie, a prominent player in the biotech and pharmaceutical sector, has unveiled Robert Michael as its incoming CEO, succeeding the longstanding tenure of Richard Gonzalez. Effective July 1, Michael, currently serving as AbbVie's President and Chief Operating Officer, will assume the reins as the company's...

Transitioning from her well-known roles in entertainment to a pioneering venture in the space industry, Bridgit Mendler, known for her roles in Disney Channel productions like "Good Luck Charlie" and "Wizards of Waverly Place," is now steering the helm as CEO of startup Northwood Space. Mendler's journey into the space...

In a strategic maneuver at the helm of Meati Foods, Phil Graves, who has recently been appointed to serve as Chief Financial Officer, has been named Chief Executive Officer. This move, announced shortly after the onset of February, marks a pivotal moment for the alternative protein manufacturer as it recalibrates...

In the latest disclosure to the Securities and Exchange Commission (SEC), it has been revealed that Citigroup's Chief Executive Officer, Jane Fraser, saw a remarkable 6% increase in her compensation package for the fiscal year 2023. The reported figure stands at a substantial $26 million, primarily composed of performance-based stocks...