Banking and Finance

Finova, a UK-based provider of mortgage and savings software, has announced new leadership appointments, including a CEO and Chief Product Officer (CPO). These changes come four months after Bain Capital Tech Opportunities (BCTO), the technology investment division of Bain Capital, completed the acquisition of Finova and Iress’ UK Mortgage Sales...

AS Roma is reportedly finalizing the appointment of a new CEO following an extensive search that began on September 22. The leading candidate for the role is Marzio Perrelli, the current Executive Vice President of Sky Italia, who appears to have outpaced all other contenders. The position has been vacant...

Guido Dalessi, the CEO of Dutch long-duration electricity storage company Elestor, will conclude his tenure at the end of 2024. Hylke van Bennekom, currently the Chief Operations Officer (COO), will assume the role of CEO starting January 1, 2025. Dalessi expressed confidence in the leadership transition, stating that he leaves...

United International Holding Co.’s board of directors announced the appointment of Mohammed Galal as Acting CEO on December 15, tasked with managing the company’s operations during the interim period. In a statement submitted to Tadawul, the company specified that Galal’s appointment would take effect immediately and remain in place until...

Tesla CEO Elon Musk's net worth has surged beyond $455 billion, driven by an impressive nearly 71% increase in the automaker's stock this year, along with the skyrocketing valuation of SpaceX. As Tesla's largest shareholder, Musk commands a substantial 13% stake in the company, reinforcing his significant influence in the...

As reported by Fox News, Sam Altman, CEO of ChatGPT maker OpenAI, has pledged $1 million to President-elect Donald Trump's inauguration fund. This contribution solidifies Altman's commitment, aligning with other tech industry leaders who are stepping up to support the incoming administration's mission to maintain America's dominance in artificial intelligence...

Progeny has announced the appointment of Chris Guy as the CEO of its Singapore office. The move coincides with the firm’s new status as an International Professional Partner Firm (IPPF) with the Chartered Insurance Institute (CII), underscoring its commitment to upholding and advancing professional standards globally. The Progeny brand in...

Chan Heng Fai Ambrose, Executive Chairman of DSS Inc. (AMEX: DSS), and Alset Inc., a company under his control, have made substantial investments in DSS stock despite challenging market conditions. Over the past year, DSS shares have dropped nearly 63%, significantly below their 52-week high of $3.08. On December 10,...

Heineken N.V.'s Supervisory Board has announced significant leadership transitions set to take place following the Annual General Meeting (AGM) in April 2025. Peter Wennink, currently Vice-Chair of the Supervisory Board, will step into the role of Chair. Wennink, who joined the Supervisory Board in 2024, has been a vital contributor...

Language services provider BLEND has announced the appointment of Yoav Ziv as its new CEO. Ziv, a seasoned professional with 27 years of experience in business and technology, including executive roles at Amdocs, succeeds Yair Tal, who has held the position since 2019. In a press release discussing the transition,...