By Bloomberg News
He’s at least the third managing director in Asia to quit the company this week. That’s after James Thomson, who is based in Hong Kong, and Jakarta-based Kunardy Lie both left.
Ola, the first-ride sharing company in Australia to offer daily payments to driver partners, competes with other cab-aggregators including rival Uber, Australia-based GoCatch and a recent entrant Taxify.
PropertyGuru Group has announced the appointment of Joe Dische as CFO as part of its effort to drive the regional growth strategy.
Wang’s sudden death comes at a time that the group, one of China’s most indebted companies, is seeking to recover from soaring borrowing costs after years of debt-fueled expansion.
Swiss bank Julius Baer has appointed Cedric Heri as the bank’s finance chief in Asia. London-based PE firm ICG has appointed a new leader to drive its Asia strategy.
The charges relate to funds that allegedly went from SRC International into Najib’s personal bank account, but are only a fraction of the total amount allegedly misappropriated from 1MDB.
Gupta has more than 20 years of experience, of which the last decade involved running the travel e-commerce business in India.
The dealmaker, who joined Goldman in 2006, will be based in Hong Kong in his new role and report to Ashu Khullar, head of capital markets origination, Asia Pacific.
Najib’s arrest was in relation to a probe into SRC International, a former 1MDB unit.
Tabung Haji is a state-owned fund formed to manage Muslim pilgrimages. It has a total of $18.05 billion funds under its management.