By Yimou Lee
Even as Gou plans to resign as chairman, he hopes to remain involved in strategic decisions regarding Foxconn’s business.
State Street has hired former Citigroup Asia CEO to head its international business.
Cradle Fund’s current chief investment officer Juliana Jan will be the acting CEO for CSV.
Naqvi was arrested in the United Kingdom last Friday, while managing partner Mustafa Abdel-Wadood was arrested at a New York hotel on Thursday.
Lena Ho, a managing director at Standard Chartered Bank, has left the lender’s private banking division in Singapore.
Saddled with S$2.8 billion ($2.1 billion) of unsecured claims and default notices, Hyflux is teetering on the brink of insolvency.
Aberdeen Standard Investments has hired Ben Sheehan for the newly-created position of senior equity investment specialist for Asia Pacific.
At least four most senior managers are following CEO Jonathan Slone out the door amid mounting tension with Citic Securities Co., which bought CLSA in 2013.
JD’s latest move mirrors internal overhauls by Tencent Holdings Ltd. and Didi Chuxing, which’re coming off their once-breakneck pace of growth.
Bain has named Jean-Pierre Felenbok as its managing partner for Southeast Asia. He will succeed Satish Shankar, who was promoted to managing partner for Asia Pacific in March.