Nissan Motor Company has appointed Makoto Uchida as its new chief executive officer (CEO). Uchida has been serving as a senior vice president in the company along with being the president of Dongfeng Motor Company. The Japanese carmaker has also appointed…
Le Saunda CEO Cheng Wang has resigned and will leave the company on October 16. According to a stock exchange filing, Cheng is leaving in order to pursue “his other personal affairs”. The Le Saunda CEO will also vacate his seat on the shoe retailer’s board.…
SoftBank’s brokerage unit plans to do something that has never be done in Japan’s capital markets – allowing individuals to participate in initial public offerings by setting the amount they wish to pay, rather than by the number of shares. The investment…
Chinese fashion label Cosmo Lady’s CEO Zheng Yaonan has resigned. The resignation took effect as of yesterday, with Zheng remaining as the chairman of the board and an executive director of the company. He is replaced by new CEO Siu Ka Lok, who has been…
BreadTalk Group CEO Henry Chu has resigned, citing “personal and health reasons”. Chu will depart from the helm of the Singapore-headquartered pan-Asian bakery and restaurant business at the year’s end. He will be temporarily replaced by company founder Dr…
Shifts in senior personnel continue with the latest resignation of HSBC’s head of Greater China who leaves after 27 years with the British lender. Helen Wong exits the bank to pursue external opportunities, according to an HSBC spokesperson who added that her…
Amazon Australia’s country manager Rocco Braeuniger is leaving after just two years in the job to take a “senior international role within Amazon”, a spokesperson for the e-commerce company said. Braeuniger arrived in Australia in 2017 to oversee the launch…
AirAsia has named telecommunications executive Ricardo RickyIsla as the new CEO of AirAsia Philippines. Isla joins AirAsia after more than a decade of international product development, sales and distribution experience with telecommunications giant PLDT…
Sinking in debts of around US$180 million, Singapore grocery retailer Honestbee is seeking court protection from creditors to allow it to restructure. The company has applied to the High Court to commence a process which reportedly would give it six months…
Victoria Beckham CEO Paolo Riva has resigned from the company, citing personal reasons. Victoria Beckham, the fashion label bearing the name of its founder, the one-time Spice Girl and model, has two stores – in Hong Kong and London. Riva took up his role…
COURTS Asia Limited today announced that Terry O’Connor, Group CEO, will transition into an Executive Advisor role with effect from 1 July 2019 and has resigned from the Board. With the acquisition of COURTS Asia Limited by Nojima Corporation now completed,…
Mercedes-Benz India announced that effective from July 1, 2019. Santosh Iyer, currently Vice President of Customer Service & Corporate Affairs will take over the position of Vice President, Sales & Marketing of Mercedes-Benz India. Santosh succeeds Michael…
PVH Corp has named Cheryl Abel-Hodges as the new Calvin Klein CEO, replacing Steve Shiffman. Abel-Hodges had previously served as group president, Calvin Klein North America and The Underwear Group. In her new role, she reports to Stefan Larsson, PVH’s…
Alibaba Group has formed a US$2 billion joint venture AliExpress Russia to create a major e-commerce venture in the Russian-speaking market. Alibaba and the Russian government-backed RDIF sovereign wealth fund will each invest US$100 million in the venture…
Jaguar has announced that Ian Callum, its Director of Design, has decided to step down from his position after 20 years. A legend within the company, as well as in the industry, Cullum, has been responsible for creating a new design philosophy and reviving…
Zara owner Inditex has named chief operating officer Carlos Crespo as its new chief executive to spearhead a bigger push into e-commerce. Crespo will continue in his existing position until his appointment as CEO becomes effective in July, when he will begin…