By Sumeet Chatterjee
StanChart said its commercial banking business unit would now report into Simon Cooper.
The departure of Elman may be a case of “walking before being pushed”, say analysts.
Kalanick is buying a controlling stake in a distressed real estate company called City Storage Systems for $150 million and installing himself as CEO.
Prior to this appointment, she was CEO of Fossil Vietnam, which acquired Misfit Wearables founded by her husband Sonny Vu,
Wall Street firms are feeling the pressure to recruit and retain women as they grapple with a lack of diversity in their upper echelons.
A snapshot of five of Hong Kong’s most important business families that have passed the baton, or will soon, to the next generation.
Citigroup’s regional markets business currently has an 80:20 split in favour of men at the managing director level.
The 89-year-old chairman of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd. will stay an adviser to the group after stepping down in May.
Mumbai banker Nirmal Jain’s $20 billion private-wealth-management unit IIFL Holdings became India’s biggest by assets and helped make him a billionaire.
Bryan Lim, director for investments and head of Khazana’s regional office in Beijing, will now head its China operations.