By Venus Feng
About a fifth of the 500 people on the Bloomberg Billionaires Index are at least 80 years old, and 21 are nonagenarians, including eight from Asia with a combined net worth of $125 billion.
Priestly was earlier the regional head of global banking for Africa, West Asia, and Pakistan at Standard Chartered bank.
Michelle Li, the 23-year-old granddaughter of Li Ka-shing, has joined him, her father and uncle on the board of Chesterfield Realty, a family-controlled unit of CK Hutchinson.
Joshi currently serves as a principal in Apax’s healthcare team and has been involved in a number of key deals, including Healthium Med Tech, Zensar Technologies, Chola, Global Logic and iGATE Patni.
The new role puts Yi Huiman, most recently ICBC chief, at the forefront of opening up the financial system to overseas firms.
Baring PE Asia has named Paul Gately as Managing Director while Australia’s Funds SA has hired Cameron Sinclair from Future Fund.
Seck will succeed current CEO Guy Strapp, who is retiring after a 12-year stint with Eastspring.
The French company’s board is expected to appoint Michelin chief Jean-Dominique Senard as chairman and to make interim CEO Thierry Bollore’s role permanent.
The firm has promoted Elene Lieskovska and Haseeb Malik to partners and Brad Bauer to deputy CIO.
The three new venture partners will primarily mentor portfolio companies and strengthen Kalaari’s investment team.