By Lulu Yilun Chen
Ma will be on the board until Alibaba’s annual shareholder meeting in 2020. His retirement will coincide with his 55th birthday.
Jack Ma, co-founder of Alibaba Group Holding Ltd., is expected to announce Monday his plans for stepping down from the e-commerce giant and handing over responsibilities to senior management.
Japanese companies without any female directors include SoftBank Group, Nintendo, Uniqlo and 7-Eleven while Chinese companies with no women on their boards include Tencent, SAIC Motor and Kweichow Moutai
Alibaba’s charismatic co-founder and chairman Jack Ma plans to announce a succession plan on Monday. Ma will devote more of his time to philanthropy
Ma ended his time as CEO in 2013 but has remained chairman and the public face of the company.
Malaysia’s government-linked investment companies have undergone major shake-ups since the country’s 14th general election in May 9, 2018.
Balaji Krish, Twitter’s global head of revenue strategy and operations, is relocating from the US to take over as the interim country head.
Rao had been brought in for managing the technology portfolio of the PE firm in India, Asia and the US.
At least eight family and multi-family offices in Asia have recently started, or are planning to start, investment funds that accept outside money.
Fortis, which operates about 30 private hospitals in India, accepted an investment offer from Malaysia’s IHH Healthcare Bhd in July, ending months of speculation over control of the company.