Allstate names former GM executive to chief marketing officerOctober 12th, 2009 Allstate names chief marketing officerNORTHBROOK, Ill. — Allstate Corp.
J.P.Morgan sells unit to top Canadian bankSeptember 29th, 2009 TORONTO - The Royal Bank of Canada, which is the country's top bank, Tuesday acquired J.P. Morgan's Investment Advisor Servicing Business.
Talks between Jet Airways, pilots fail again (Third Lead)September 12th, 2009 MUMBAI - The pilots of Jet Airways Saturday said they will continue with their agitation after another round of talks with the airline management remained inconclusive. The pilots said they were open to further deliberations with the management later in the evening but there was no word yet on the decision of the management.
OppenheimerFunds appoints head of distribution, chief marketing officerSeptember 2nd, 2009 OppenheimerFunds appoints 2 executivesNEW YORK — Investment management company OppenheimerFunds Inc. on Wednesday named William Carey as head of distribution and Martha Willis as chief marketing officer.
Malay Mukherjee steps down from ArcelorMittal boardSeptember 1st, 2009 LONDON - Malay Mukherjee, a leading expert in steelmaking, has stepped down from the board of directors of ArcelorMittal, the company announced Tuesday. Mukherjee, a former executive at the public sector Steel Authority of India Limited (SAIL), quit to pursue other interests, the company said.
Singapore's DBS Group appoints Citi's Piyush Gupta as CEOSeptember 1st, 2009 SINGAPORE - Singapore's DBS Group Holdings Ltd, the biggest bank in South-East Asia, said Tuesday that it has appointed Piyush Gupta from Citibank Inc as its chief executive officer, about five months after the death of its previous CEO. Gupta, 49, is currently Citibank's chief executive for South-East Asia and the Pacific and is to join the DBS Group in November, the bank said in a statement.
Board at casino company MGM Mirage shuffles management, appoints exec to oversee 11 propertiesAugust 5th, 2009 Casino operator MGM Mirage shuffles managementLAS VEGAS — Casino operator MGM Mirage has realigned its management and created an executive position to oversee 11 properties, its chief executive said Wednesday. Chairman and CEO Jim Murren told employees in an e-mail that the Las Vegas-based company's board appointed Corey Sanders to the new position of chief operating officer for core brand properties.
Bank of America names chief accounting officerJuly 23rd, 2009 Bank of America names chief accounting officerCHARLOTTE, N.C. — Bank of America Corp.
Shirish Apte named Citi CEO for Asia-PacificJuly 7th, 2009 WASHINGTON - Citibank has named a three-person team to replace Ajay Banga, who held the title of Asia-Pacific CEO and left the firm June 19 to become president and CEO of MasterCard. Shirish Apte,56, and Stephen Bird, 42 have been made CEOs for Asia-Pacific, while Shengman Zhang has been named chairman of the firm in the region, effective immediately, Indian American Vikram Pandit led bank announced Monday.
Citigroup names 2 senior executives to lead Asia Pacific operationsJuly 6th, 2009 Citi names 2 senior execs to lead Asia operationsHONG KONG — Citigroup Inc. said Monday it was naming two senior executives to lead its Asia Pacific operations after the previous head of the region resigned.
Malvinder Singh steps down as Ranbaxy's chief executive (Lead)May 24th, 2009 NEW DELHI - Malvinder Mohan Singh has stepped down as chairman, managing director and chief executive of India's largest pharmaceutical company, Ranbaxy Laboratories, which was acquired last year by Japan's Daiichi Sankyo. Atul Sobti, the current chief operating officer, has been appointed chief executive and managing director, while Tsutomu Une, the company's non-executive director, will serve as its chairman, a company statement said Sunday.
Malvinder Singh steps down as Ranbaxy chief executiveMay 24th, 2009 NEW DELHI - Malvinder Mohan Singh has stepped down as chairman, managing director and chief executive of India's largest pharmaceuticals company, Ranbaxy Laboratories, which was acquired last year by Japan's Daiichi Sankyo. Atul Sobti, the current chief operating officer, has been appointed as chief executive and managing director, while Tsutomu Une, the company's non-executive director, will now serve as its chairman, a company statement said.
Asian golf tour cancels Bangkok tournament after Volvo pulls sponsorshipMay 14th, 2009 Asian Tour cancels Bangkok tourney with no sponsorSINGAPORE — Asia's top golf tour has canceled its season-ending tournament in Thailand after Volvo pulled its sponsorship. The Swedish carmaker declined to extend its sponsorship of the Volvo Masters of Asia for 2009, Volvo Event Management chief executive Per Ericsson said.
USOC spokesman Seibel becomes fourth key executive to leave since BeijingMay 5th, 2009 USOC spokesman Seibel latest to leaveDarryl Seibel has announced his resignation as chief communications officer at the U.S. Olympic Committee, the fourth key executive to leave the federation since the end of the Beijing Games.
Tata Communications to invest $430 mn in Asia PacificFebruary 11th, 2009 NEW DELHI - Private telecom major Tata Commununications Thursday announced that it will invest around $430 million (Rs.21 billion/Rs.2,100 crore) in the Asia Pacific region to expand its operations. The investments will be used for developing its internet data centre Tata Communications Exchange (TCE) and for the completion of the main segment of its TGN-Intra Asia Cable system, a company statement said.