Philippines sugar major Roxas Holdings appoints Celso Dimarucut as new CFO

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The Philippines’ largest integrated sugar business Roxas Holdings Inc (RHI) has named Celso Dimarucut as its new chief finance officer.

UAE’s sovereign wealth fund should start investing in India soon: FM

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The sovereign wealth fund of the United Arab Emirates should start investing in India soon, Indian Finance Minister Arun Jaitley told Reuters on Tuesday on a visit to Dubai to drum up interest in Asia’s third-largest economy. The first investment in India could be into India‘s national infrastructure fund, Jaitley said… Read more »


India: Reliance Industries appoints Sundar Raman as CEO of sports portfolio

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Reliance Industries Ltd has appointed Sundar Raman as chief executive officer (CEO) for its sports portfolio, according to a press release. The company did not disclose his joining date. In his role as CEO, Raman, former IPL chief operating officer (COO), will be responsible for consolidation and integration of RIL’s… Read more »


Deutsche Bank names new bosses for investment bank, global markets

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Deutsche Bank has set up two management committees to run its Corporate and Investment Banking and Global Markets divisions, part of a shake-up of Germany’s largest bank aimed at improving profitability. The bank is restructuring under new boss John Cryan to cope with regulatory changes and litigation costs that have… Read more »


Goldman Sachs names 425 new managing directors

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Goldman Sachs Group Inc said it named 425 managing directors on Thursday, the firm’s second-highest title behind partner. The bank, which names managing directors every two years, appointed 96 to its banking division and 103 to its securities division, which includes sales and trading, according to a person familiar with… Read more »


Malaysia PM Najib Razak to give statement about $595.5m transferred to his bank accounts

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Malaysian Prime Minister Najib Razak said on Thursday he will give a statement to the anti-graft agency soon over funds worth 2.6 billion ringgit ($595.58 million) that were transferred into his bank accounts. The Wall Street Journal reported in July that investigators looking into debt-laden state investor 1MalaysiaDevelopment Berhad (1MDB)… Read more »


HSBC appoints new head of markets and treasurer in Thailand

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HSBC today announced to appoint Guy Dickinson as head of markets and treasurer in Thailand. He succeeds Guil Silva, who has decided to take a sabbatical for further studies in the United Kingdom after spending almost three years in Thailand. Joining HSBC in Hong Kong in 2013, Dickinson started as a senior… Read more »


Philippine mobile carrier Globe Telecom makes strategic CXO-level changes

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Philippine mobile carrier Globe Telecom Inc will implement on Monday, November 9, 2015, its strategic appointments of four key senior management executives.


India: Housing.com appoints Jason Kothari as CEO

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Housing.com, an online real estate website, today appointed Jason Kothari as chief executive officer after months of searching. From being one of the hottest startups in India, the Bangalore-based company lost momentum after the board sacked co-founder and CEO Rahul Yadav. Kothari is familiar with the business, having served as chief business officer… Read more »


Indonesia: Telkomtelstra appoints Erik Meijer as president director

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Telkomtelstra, the Jakarta-based joint venture between Australian Telstra and PT Telkom Indonesia Tbk (TLKM), has announced the appointment of Erik Meijer as the new president director. His appointment takes effect on December 1, 2015. Meijer will replace Phill Sporton who has led Telkomtelstra since its inception and will be returning… Read more »