By Juliet Shwe Gaung
Ontario Teachers’ Pension Plan has appointed Ben Chan as the firm’s regional managing director for Asia Pacific, effective June 1.
The Swiss bank named Gaetano Bassolino, currently head of the debt capital market business in the region, as head of Asia Pacific capital markets.
After only eight months as chairman, Sun Hongbin, also chairman of Leshi’s second largest shareholder Sunac China Holdings Ltd, has decided to leave.
Johnny Yu, nicknamed “King of Warrants”, has been appointed desk head of UBS Group’s wealth management unit in Hong Kong.
Mittal is the founder of Mission Holdings, an investor in ONE Championship.
Wong had worked at the Chinese-controlled investment bank since March 2015.
Navis is expected to raise its eighth fund this year, a vehicle likely to be significantly larger than its current $1.5-billion 2013-vintage Navis VII.
Two other senior executives are also reportedly preparing to leave the investment firm. Abraaj is also learnt to be considering a round of job cuts.
The fortunes of co-Chief Executive Officers Michael Cannon-Brookes and Scott Farquhar have risen $1.1 billion in 2018 to $4.1 billion apiece.
In the Philippines, men hold 82% of the 265 board seats at the nation’s biggest lenders and some banks have no women on their boards at all.