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PepsiCo has announced the appointment of Kyle Faulconer as the new CEO of Australia and New Zealand, effective January 2022. Faulconer will replace outgoing CEO, Danny Celoni, who was recently appointed to the Asahi Beverages Oceania Executive Leadership Team…
DBS and OCBC have announced partnerships as part of the cross-border wealth management scheme between Hong Kong and China. DBS Bank (Hong Kong) will be working with the Postal Savings Bank of China (PSBC), while OCBC Wing Hang Bank, OCBC’s Hong Kong…
Fueled by an intensely competitive operating environment in Indonesia’s mobile sector, Indosat Ooredoo partnered with Comviva in delivering a front-to-end real-time marketing management platform, as well as subscribers’ loyalty and rewards program to yield…
HSBC has appointed a successor for the role of wealth and personal banking head in Malaysia after it was left vacant for three months. HSBC named Renee Bullock-Cann as head of wealth and personal banking (WPB) in Malaysia, according to a statement, succeeding…
Café de Coral has promoted Piony Leung to managing director (Hong Kong) with immediate effect. In her new position, Leung reports to group CEO Peter Lo and manages business operations and provides strategic leadership across Café de Coral Group’s business in…
A new organizational structure, intended to speed up decision making, is being introduced in Asia, with other regions to follow. UBS has begun cutting jobs at its wealth management unit in Europe and Asia, with as much as 20 percent of its workforce in…
Finantix, a global provider of trusted technology to the wealth management, insurance, and banking industries, opened an office in Sydney to further support its expansion in the Asia-Pacific region. The Sydney-based office will be run by Martin McCabe who…
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…
Deutsche Bank’s recruitment drive for the private bank in Asia persists, this time with the hire of a new head of onshore wealth management in China. Jeffrey Yen Chieh Peng joins the bank as managing director and head of China onshore wealth management,…
The two new board members will help the bank accelerate its business transformation in Singapore and deepen its foray into the digital space. HSBC Bank (Singapore), the local subsidiary of HSBC that includes retail banking and wealth management businesses, is…
The public nature of aviation means it tends to attract large-scale palace intrigue about executive leadership changes from employees, customers and other stakeholders and observers. With the industry typically having small margins and many uncontrollable…
In a surprising move, YouTube revealed plans to offer users more control over their Homepage and Up Next videos. Apparently, three specific changes will be introduced in the coming days, which will allow YouTube users to set their preferences when it comes to…
The most significant Alibaba management shakeup since founder Jack Ma revealed he would step aside next September 10 sees high-profile CFO Maggie Wu take on a new role. Wu will take over responsibility for strategic investments by the group, charged with…
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…
Japan’s NTT Docomo and Itochu Logistics are planning to trial an IoT solution for delivery fleet management in the US. The solution uses devices compatible with low-power, wide-area LTE-M technology to track the status of outsourced trucks in their fleets.…
Myer has cut a further 50 positions from its store management and store support team, including group general manager of marketing Andrew Egan. The cuts are the second round of large scale lay-offs for the department store in the last eight months, with over…
