Union Bank of the Philippines appoints John Ong as transaction banking head

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Union Bank of the Philippines (UBP), a listed universal bank, has appointed John Cary Ong as transaction banking center head with the rank of senior vice president.

Guggenheim’s Alan Schwartz reaps benefits of Pfizer-Allergan deal

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Alan Schwartz knows how to play a long game. The executive chairman of boutique investment bank Guggenheim Partners spent almost 20 years cultivating Pfizer boss Ian Read as a client. His strategy paid off handsomely when Guggenheim was named lead adviser for one of the biggest deals in history – Viagra-maker Pfizer‘s… Read more »


India: Ride-hailing platform Ola hires former Infosys CFO Rajiv Bansal as head finance

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Taxi hailing service Ola has fortified its finance team by hiring the former chief financial officer (CFO) of Infosys Ltd, Rajiv Bansal, as its own CFO. Bansal replaces Mitesh Shah, who will now lead the strategic finance initiatives in the new CFO’s team, Ola, owned by ANI Technologies Pvt. Ltd,… Read more »


Indonesia: O&G co Pertamina replaces “problematic people” amid graft probe

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Indonesia‘s Pertamina has replaced “the problematic people” at its oil trading unit, the energy minister said on Wednesday, as the state oil and gas company looks to restore its image amid a corruption investigation. The country’s anti-graft agency, the Corruption Eradication Commission, has launched a preliminary investigation into Pertamina’s trading… Read more »


New Zealand Fonterra appoints new head for Indonesia operations

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Fonterra, dairy company from New Zealand announced the appointment of Achyut Kasireddy as a new leader for Indonesia operations, PT Fonterra Brands Indonesia. Kasireddy will head a team of almost 400 local employees and will be responsible for the overall management and direction of the co-operative’s consumer brands operations in Indonesia…. Read more »


India: Paytm hires Myntra exec to head travel; Shuttl gets ex-Airtel exec to head growth

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Electronics payments company and marketplace Paytm has appointed Myntra senior executive Abhishek Rajan as the head of its newly-launched travel segment. Gurgaon-based bus aggregation platform Shuttl has appointed former Bharti Airtel executive Venkatesh Rangachari as its head of growth. Paytm hires Abhishek Rajan of Myntra to head travel Electronics payments company… Read more »


India: Former Twitter exec Tarun Jain joins FlipKart

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India’s largest e-commerce firm Flipkart has hired former Twitter executive Tarun Jain to head products division of its online advertising business, according to a report in The Economic Times. The ads business is currently headed by Flipkart’s Group CEO Sachin Bansal. An IIT-Delhi, Indian School of Business graduate, Jain in… Read more »


Facebook CEO Zuckerberg makes strong statement, to take two months of paternity leave

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Facebook Inc Chief Executive Officer Mark Zuckerberg said on Friday he will take two months of paternity leave after his daughter’s birth, a strong statement from one of the busiest and most powerful U.S. executives on the importance of family time. Silicon Valley technology firms have rushed to extend parental… Read more »


India: Kolte Patil CEO Sujay Kalele quits to start own real estate venture

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Realty firm Kolte Patil Developers Ltd, which has projects in Pune and Mumbai, on Friday said its chief executive Sujay Kalele has resigned. Kalele, 33, who was with the company for six years, is moving on to start his own real estate venture. He will continue in an executive position… Read more »


India: Goibibo co-founder Tuli is new senior VP at MakeMyTrip

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Online travel firm MakeMyTrip.com on Thursday said it has appointed Deepak Tuli, former co-founder and chief operating officer at Goibibo, as senior vice president, growth business. Tuli will focus on building and implementing strategies for growing new business lines in the accommodations segment for the company. “Accommodations space in the… Read more »