People Digest: Manulife Real Estate appoints Asia MD; DBS beefs up team

By
Posted

Singapore-based DBS Private Bank has appointed Lee Woon Shiu as its new regional head of wealth planning, family office and insurance solutions.

DBS Private Bank's Lee Woon Shiu

Ace entrepreneurs in India make comebacks in familiar territory

By

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.


Indian PE firm ChrysCapital rejigs top deck, ropes in Mariwala as advisor

By

The company has also rejigged its top team and named Sanjay Kukreja as its new chief investment officer.


People Digest: Pomelo names new CFO; UOB augments SG digital team

By

Fashion omnichannel startup Pomelo has hired RedMart’s former CFO Jim Boland as its new CFO.


Tiger Global’s PE chief Lee Fixel to leave firm after 13 years

By

Fixel led the $13 billion PE unit through deals that made billions of dollars in profit for the New York-based firm. He may start his own investment firm.


StanChart sees senior private banker exits in Asia as unit earnings slide

By

Among those who left the bank in the past six months include Teddy Kwong, MD and market head for Hong Kong, and Peter Lam, MD and team leader for HK.


Gender diversity tends to remain low priority for male tech founders

By

At companies with all-male founding teams, about 14 per cent of leadership positions are held by women.


HSBC putting together a team to tap assets of Asia’s ultra-rich

By

Goldman Sachs, Citigroup and JPMorgan are among the private banks already catering to the richest wealth management customers in Asia.


Gender diversity can boost RoE, market cap at less risk, finds BofA ML study

By

Women comprise 49% of Asia’s population and 36% of the GDP but just 12% of board seats, according to BofAML.


Bain names new Asia Pacific managing partner

By

Satish Shankar will be responsible for leading Bain’s business across the APAC region and overseeing strategy, operations, training and development.