By Mars Woo
Sequoia Capital China founder and managing partner Neil Shen Nanpeng and Hillhouse Capital CEO Zhang Lei are among the candidates for the consultative committee that would decide which companies could list on the upcoming Nasdaq-style technology board in Shanghai.
Jett joined SoftBank four years ago, leading and managing global investments in consumer internet and e-commerce companies.
B Capital’s other partners are Saverin, Raj Ganguly, Gavin Teo, Kabir Narang, Allen Duan, and Virginia Schmitt.
The move followed a drop of about 60% in CLSA’s 2018 bonus pool and a number of other recent changes instigated by Citic, including staff adjustments and an overhaul of CLSA’s compensation structure.
Pillay will succeed Lee Theng Kiat, who will take over from Ho Ching as chairman of Temasek International.
Tencent follows a slew of Chinese tech companies from JD.com Inc. to Didi Chuxing that’re shaking up their ranks to tide them over tougher times.
Fixel backed 49 Indian startups during his time at Tiger Global. Not all of them paid off, but the outsized pay-offs from his early bets in Flipkart and Ola are undeniable.
Singapore-based DBS Private Bank has appointed Lee Woon Shiu as its new regional head of wealth planning, family office and insurance solutions.
Darshan Patel, who sold Paras Pharma in 2006, has made a come back with Vini Cosmetics, while Crompton Greaves’s Gautam Thapar is looking to re-enter the consumer space.
The company has also rejigged its top team and named Sanjay Kukreja as its new chief investment officer.