Philippines: 8990 Holdings appoints new CEO, COO

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Willibaldo Uy, and Alexander Sotto will take charge as as president and CEO, and chief operating officer of the company, respectively.

People: Pacific Equity’s co-founder leaves; Crescent Capital partner exits

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65 year old McCullagh will take up an advisory role


China: Baidu sues former driverless car tech chief over alleged secrets theft

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The lawsuit echoes a dispute between Alphabet Inc.’s Waymo and Uber Technologies, over allegations a former executive took valuable data when he jumped ship.


Citigroup crowns Stuart Staley head of Asia markets and securities

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Stuart Staley, who’s run global commodities for the past eight years, will become head of Asia markets and securities services in March.


China’s Hua Medicine hires BAML banker George Lin as new CFO prior to listing

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The IPO plans of Shanghai-based Hua come as investors are beginning to bet big on the potential of Chinese biopharma groups.


Rothschild Global Advisory appoints former Morgan Stanley exec as Greater China head

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Jennifer Wang will lead the RGA office in Greater China and advise clients on their financial and strategic transactions.


Women make their mark in the predominantly male spawned crypto market

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Four out of 30 of the largest initial coin offerings this year through October had female co-founders.


People Digest: Ward Howell launches PE practice; Khazanah Research names chief

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Ward Howell has initiated its recruitment practice covering the private equity space while Khazanah Research Institute has appointed Tan Sri Andrew Sheng as chairman.


Uber investor Pishevar departs venture firm Sherpa Capital amid harassment claims

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Pishevar said in a statement provided by his lawyer that he was voluntarily leaving Sherpa Capital, which he co-founded, because of ongoing “untruthful attacks” against him.


China’s HNA charity appoints former German official Philipp Roesler as chief exec

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The foundation is the largest shareholder of HNA Group Co, the highly acquisitive Chinese conglomerate that holds large stakes in Hilton Worldwide Holdings and Deutsche Bank AG.