By Ka Kay Lum
Ride-hailing major Grab’s financial services arm GrabPay has named former OCBC head of strategic partnerships of group lifestyle financing, Gary Wong, to head its Singapore operations.
Ziad Ojakli, a Ford group vice president who has led the Detroit auto maker’s government relations strategy since 2004, will leave the company in two weeks.
Malaysia’s largest fund management firm Permodalan Nasional Bhd (PNB) will be chaired by former Malaysia Central Bank (BNM) governor Zeti Akhtar Aziz, effective from July 1, 2018
Mitsubishi UFJ Financial Group Inc has appointed a former Deutsche Bank senior member as its MD and head of PE sponsor coverage group.
Lazard Asset Management has named Shen Tan as MD in Hong Kong while Janus Henderson appointed Scott Steele as Head of Distribution in Asia.
The move comes at a time when most Indian banks are grappling with multiple challenges, including high non-performing assets and financial fraud.
1Malaysia Development Bhd has appointed Asri Hamidon as its new chairman, effective June 25. Asri is also the deputy secretary-general of Malaysia’s Treasury Department under the Ministry of Finance.
Authorities in the United Arab Emirates have issued arrest warrants for the founder of private equity firm Abraaj and another executive for issuing a cheque without sufficient funds.
People Digest: Bukalapak names Rasyid as president; IDX gets new head; Ropes & Gray hires HK counselBy Mars Woo
Rasyid will be responsible for the Jakarta-based startup’s long-term and strategic initiatives.
Almost 30 percent of the population is 65 or older. And this year is a tipping-point of sorts.