French banking group Societe Generale has appointed Rajat Kohli as the new Head of Global Markets for India, according to a report from finews.com on Tuesday. Meanwhile, Chinese billionaire Jia Yueting backed American start-up technology firm Faraday Future has hired a new CEO Chaoying Deng.
Societe Generale appoints India Head of Global Markets
French banking group Societe Generale has appointed Rajat Kohli as the new Head of Global Markets for India, according to a report from finews.com on Tuesday.
Kohli is expected to develop Societe Generale’s markets activities in India including derivatives, foreign exchange and INR products in his new role.
Armed with over 14 years of experience in the financial markets across various asset classes, he has previously worked at BNP Paribas. His most recent role was as Head of Institutional Business in BNP Paribas Global Markets division.
Kohli replaces Gopal Bhattacharya who is pursuing other opportunities outside the Group, according to the bank.
Kohli will be based in Mumbai and report to Evelyne Collin, CEO and Chief Country Officer, India and regionally to Arnaud Lhoste, Head of Markets Sales for South East Asia and India.
China-backed Faraday Futures names new CEO
Chinese billionaire Jia Yueting backed American start-up technology firm Faraday Future has hired a new CEO Chaoying Deng for the company that develops intelligent electric vehicles, according to report from China Money Network.
According to the report, in a state filing with the State of California, the company listed Faraday as the CEO and he does not play a management role and has limited automobile industry experience, though worked for the entertainment company owned by Jia, Faraday’s biggest investor.
Based on her LinkedIn profile, Deng is a director at Le Vision Pictures (USD) Inc since May 2014 which is the US movie arm of Le Vision Pictures and a subsidiary of LeEco, the Chinese multinational conglomerate founded by Jia Yueting.
She was the executive representative for Beijing New Picture Films Co from Sep 2011 to Apr 2013, according to her profile.
Deng had been with the car company earlier too in 2014 when she had passed the position to David Wisnieski, an experienced automobile industry hand with experience in Asia and according to his LinkedIn profile he is currently a Finance Director at Faraday Future.
Faraday Future was once called “Tesla-killer” though till now has not been able to produce a real car that can drive. In fact, LeEco has been struggling with low cash since last year.