Surina Shukri named CEO of Malaysia’s MDEC

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She succeeds Yasmin Mahmood, who relinquished her position last December to pursue a role with a tech venture in Jakarta.

People Digest: MUFG adds MD; Carlyle announces promotions

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Mitsubishi UFJ Financial Group Inc (MUFG) has appointed Scott McLallen as a managing director in the bank’s private equity sponsor coverage group.


India: Ananth Narayanan resigns as Myntra and Jabong CEO

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Amar Nagaram would lead the Myntra-Jabong business, while reporting directly to Flipkart CEO Kalyan Krishnamurthy.


People Digest: HSBC Singapore adds three to team; HP Wealth hires UBS staff

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HP Wealth Management plans to expand its private market capabilities.


Nissan’s Ghosn indicted on two new charges of financial misconduct

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Ghosn, detained since his Nov. 19 arrest, had already been charged for under-reporting his income for the five years through 2015.


Bank of America appoints Jiro Seguchi, Jin Su as co-presidents for APAC

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Su’s promotion marks the first time that Bank of America has put a senior market executive into an Asian president role.


People Digest: Tokopedia ropes in former Indonesia minister; OYO hires for global ops

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E-commerce unicorn Tokopedia has appointed Agus Martowardojo, Indonesia’s former Finance Minister, as its president commissioner.


People Digest: Principle Capital names Lau as VP; Jun to lead ICG Asia Pacific

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Shanghai-based private equity firm Principle Capital has appointed Raymond Lau as a vice president of the firm.


KKR hires former Macquarie exec to build APAC infra business

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David Luboff will lead the pan-Asia operations of KKR’s global infrastructure business. 


People Digest: EQT promotes Chang to partner; Allianz, J. Safra Sarasin, Deloitte appoint top execs

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Swedish PE firm EQT has promoted Singapore-based Brian Chang to partner, effective January 1, 2019.