By Abhirup Roy
Kochhar is the third high-profile woman banker in India to step down in recent months, following Arundhati Bhattacharya who retired from the State Bank of India a year ago and Shikha Sharma who is set to exit after almost ten years atop Axis Bank in December.
Keisuke Sueyoshi, 46, head of M&A in Tokyo, will depart later this year to join a competitor while Japan COO Bret Dandoy, 54, retired at the end of August.
Healthcare coverage has become more vital for investments banks in the region after HK changed its listing rules.
Secen has spent close to 18 years at Macquarie working in their infrastructure funds and advisory businesses in Australia, Europe, Asia and North America.
The most high-profile among these exits was possibly that of Archana Hingorani who was executive director and CEO of IL&FS Investment Managers till she stepped down in April 2017.
Mosseri was named as Instagram’s head of product in May. He began as a designer at Facebook and most recently led its news feed.
Malayan Banking Bhd has promoted two insiders to top positions in its investment banking arm Maybank Kim Eng Group.
Zhang Yiming’s Bytedance is on its way to a more than $75 billion valuation.
Musk is one of the highest-profile tech executives to be accused of fraud by the Securities and Exchange Commission. Losing its public face and guiding force would be a big blow for money-losing Tesla, which has a market value of more than $50 billion, chiefly because of investors’ belief in Musk’s leadership.
With more Southeast Asian consumers getting into the Internet, the region could see more innovation and more business models to be formed, which in turn will mint new unicorns, says GGV Capital’s managing partner Jenny Lee.