Indonesian e-commerce unicorn Tokopedia loses top executive

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Tokopedia’s Vice President of Business, Amit Lakhotia, has resigned from the company.

Former SoftBank exec Nikesh Arora joins Palo Alto Networks as CEO

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Arora stepped down from SoftBank in 2016 following differences between him and SoftBank CEO Masayoshi Son over when he would replace Son as head of the group.


Former Malaysia PM Najib Razak resigns as Khazanah chairman

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Former finance minister II Johari Abdul Ghani and former treasury secretary-general Irwan Serigar Abdullah have also relinquished their posts as Khazanah’s board members, effective May 30 and 23, 2018, respectively.


Nomura seeks dealmakers for $920m principal investment biz

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Nomura unveiled plans last November to resume investing its own money in companies that have potential for revamping, with an emphasis on smaller firms whose aging owners are struggling with succession issues.


Lazada taps Thailand chief to lead Indonesia operations

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Former Lazada Indonesia Co-CEO Holm and Granziol, who both previously held key positions at Lazada Philippines, will be leaving Lazada Group after more than 4 years with the company.


Singapore finds its fintech ambitions hampered by immigration curbs

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The city-state’s goal of becoming a high-tech financial hub are running into real-world problems of labour supply and demand.


Uber promotes India president Amit Jain to head of Asia Pacific ops

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Jain will continue to lead India until a successor is found.


Finding top talent, retaining middle-level staff remain key challenges for PE in SE Asia

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The need for talent is also backed by fundraising in the Asia Pacific region, which in 2017 rose 6 per cent to a record $66 billion.


IDG Capital fires top investment manager in China for alleged sexual misconduct

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Jiang Zuo, also known as Douglas Jiang, joined IDG in 2013 to lead the firm’s cryptocurrency investments.


NEA promotes two members, including Asia practice head, to general partner level

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Carmen Chang joined NEA in 2012 and was promoted to Chairman and Head of the firm’s Asia practice in 2016.