By Bloomberg News
Fan, who spent more than a decade at Goldman Sachs Group Inc. before joining CIC in 2009, recently resigned to seek other career opportunities.
The chain Agarwal started in 2013, Oyo Hotels, has already become the largest in India, a chaotic market worth $4.5 billion.
The latest UBS/Campden Wealth Global Family Office Report found that 32% of Asian family offices had succession plans under development. About 21% said they had no plan and 7% said they didn’t know.
In June, Kapoor had sought a three-year extension till 31 August 2021, but the regulator had agreed to extend his tenure only till 31 January 2019.
Systrom wrote in a blog post on Monday that they plan to take some time off and explore “our curiosity and creativity again”.
Ajit Mohan will take up the role of managing director and vice-president of Facebook India.
After leaving CIMB, Nazir may focus on a private equity fund known as Ikhlas Capital he set up recently with several well-connected figures.
PGIM Real Estate has named Vincent Chew as executive director and portfolio manager.
Prudential has singled out Asia as the key region for growth, with a focus on expanding in asset management.
Walmart is considering both internal and external candidates for the role including Flipkart CEO Kalyan Krishnamurthy.