Chief Executive Officer

TransUnion CIBIL CEO Rajesh Kumar quits; Bhavesh Jain elevated as successor

Credit information company TransUnion CIBIL Ltd on Thursday said Rajesh Kumar, its chief executive and managing director for the past five years, has resigned "recently". The credit information company said it has elevated Chief Revenue Officer Bhavesh Jain to the position vacated by Kumar, who resigned citing personal reasons. The timeline for Kumar's departure and Jain's transition into the new role was not specified. The announcement of the top executive's departure comes days after Congress MP Karti Chidambaram criticised TransUnion CIBIL in the Lok Sabha, and blamed the company for being non-transparent. Chidambaram had said the "Cibil score" highlighting an individual's credit history has grown to have a big influence on banks while they make lending decisions but there is a lack of transparency. "Nobody knows how Cibil as an organisation works, we do not know whether they are updating our credit history properly. there is no transparency, there is no way for us to appeal, a

Ghost guns: All about weapon found with UnitedHealth CEO's murder suspect

Ghost guns have no serial numbers. Owners of such guns, by making them themselves, can bypass background checks and regulations

Suspect in UnitedHealthcare's CEO killing faces weapons, forgery charges

Police have arrested a 26-year-old man with a weapon consistent with the gun used to kill the head of the largest US health insurer, New York's police commissioner said Monday. The man was taken into custody after police got a tip that he had been spotted at a McDonald's in Pennsylvania, NYPD Commissioner Jessica Tisch said at a news conference. They also recovered clothing, including a mask consistent with those worn by our wanted individual, Tisch said. Also recovered was a fraudulent New Jersey ID matching the ID our suspect used to check into his New York City hostel before the shooting incident." NYPD Chief of Detectives Joseph Kenny identified the suspect as Luigi Nicholas Mangione, who was born and raised in Maryland, has ties to San Francisco and a last known address in Honolulu, Hawaii. Mangione had a ghost gun, a type of weapon that can be assembled at home from parts without a serial number, making them difficult to trace, investigators said. As of right now the informa

Australian lender ANZ names former HSBC wealth chief Nuno Matos as new CEO

Hong-Kong-based Matos has served in several of HSBC's largest regions, including Europe and Latin America, and was among the internal candidates vying to take over as CEO of HSBC

UnitedHealthcare CEO's murder: Firms face issues in protecting top brass

He's one of the most famous and widely admired corporate leaders in the world. But it's the haters that companies like Mark Zuckerberg's Meta worry about. In an era when online anger and social tensions are increasingly directed at the businesses consumers count on, Meta last year spent USD 24.4 million on guards, alarms and other measures to keep Zuckerberg and the company's former chief operating officer safe. Some high-profile CEOs surround themselves with security. But the fatal shooting this week of UnitedHealthcare CEO Brian Thompson while he walked alone on a New York City sidewalk has put a spotlight on the widely varied approaches companies take in protecting their leaders against threats. Thompson had no personal security and appeared unaware of the shooter lurking before he was gunned down. And today's political, economic and technological climate is only going to make the job of evaluating threats against executives and taking action to protect them even more difficult,

Intel's hunt for CEO to focus on outsiders, including Marvell's head

This week's sudden ouster of CEO Pat Gelsinger set off an urgent search for new leadership at a time when the chipmaker's fortunes are shaky and its bench has been depleted

Samsung gets first woman CEO outside founding family for 1st time in 86 yrs

In a country where women business leaders have long struggled, Kim Kyung-Ah as president and CEO of Samsung Bioepis Co, is a story likely to inspire the next generation of executives

Morgan Stanley says CEO Ted Pick to succeed James Gorman as chairman

The longtime former CEO was just this week named as chair of the Walt Disney Co. board where he's been helping the company find a successor to Bob Iger

Stability or ambition? Here is what Indian corporate CEOs prioritise

Amid shifts in corporate leadership, Indian CEOs seem to be favouring consistency over rapid change

Sony Pictures names TV head Ahuja CEO after Vinciquerra steps down

Ahuja came to Sony after a career in television management at the Fox networks and Walt Disney Co, here, he's overseen production of award-winning series like The Crown, The Boys, The Last of Us, etc.

Bid for 7-Eleven owner shows Japan's governance gains: Suntory CEO Niinami

Niinami, 65, is one of Japan's most influential executives, serving as chair of the Keizai Doyukai business lobby and also as an economic adviser to current and former prime ministers

LIC Chairman Siddhartha Mohanty re-designated managing director & CEO

Arnab Kumar Chowdhury and Charulatha S Kar have taken the charge of executive director (ED) of RBI

Air India to start premium economy class on a few domestic routes from July

Air India on Wednesday said it will launch premium economy class on select domestic routes from next month. As of now, Vistara is the only Indian carrier which offers premium economy-class travel category on its domestic routes. The Tata Group-owned airline said it has refitted two new A320neo aircraft in a three-class configuration, featuring eight seats in business, 24 seats with extra legroom in premium economy, and 132 in the economy category, offering a wider choice to its guests. This is the first time the airline has introduced premium economy cabins on its narrow-body aircraft. "The introduction of a three-class cabin to Air India's narrow-body fleet and commencement of interior refits are important steps in the journey of enhancing the flying experience," said Campbell Wilson, Chief Executive Officer and Managing Director at Air India. The latest upgrade of the narrow-body fleet, which operates on domestic and short-haul international networks, complements the upgraded ..

Hero Realty Pvt Ltd appoints Madhur Gupta as its chief executive officer

Hero Realty Pvt Ltd (HRPL) on Friday said it has appointed Madhur Gupta as its Chief Executive Officer. Before joining Hero Realty, Gupta was CEO of Hero Steels Ltd, a part of Hero Enterprise, according to a statement. "His diverse background in the mining and metals industry and his strong proficiency in procurement, engineering, business development, project engineering, and supply chain management position him perfectly to lead HRPL into a new era of growth and innovation," it said. Gupta holds a degree in mechanical engineering and is also an alumnus of IIM Lucknow. Gupta's appointment follows resignation of Hero Realty's CEO Dharmesh Shah earlier this month. Shah will float his own venture. He became CEO of Hero Realty, promoted by Sunil Kant Munjal's Hero Enterprise, in March 2022. This year, Hero Realty is all set to launch four projects in Delhi-NCR, Ludhiana and Mohali.

Zee Media Corporation terminates CEO Abhay Ojha; Idris Loya to take over

Zee Media Corporation Limited said it had confirmed the cessation of employment of chief executive officer (CEO) Abhay Ojha with effect from May 4, 2024

Titan Co picks three CEO candidates; CK Venkataraman to step down in 2025

Ajoy Chawla, CEO of jewellery business; Suparna Mitra, who heads watches and wearables segment; and Saumen Bhaumik, overseeing the eyecare business, have been picked as contenders for CEO

Tata AIA Life Insurance appoints Venkatachalam H as new CEO and MD

The outgoing CEO & MD Naveen Tahilyani will be transitioning to the role of non-executive director of Tata AIA Life Insurance Company

PepsiCo veteran of 32 years defects to Wendy's as chief executive officer

North America beverages made up more than 30 per cent of PepsiCo's revenue in the most recent quarter, making it the biggest division by that measure

CK Birla Group's Birlasoft names Manjunath Kygonahally as overseas CEO

Birlasoft appointed Manjunath Kygonahally as the Chief Executive Officer (CEO) for the Rest of the World (ROW) region. Kygonahally will be based in the United Kingdom

GenZ workplace expectations: Professional growth, competitive pay structure

93% of GenZ employees said that they not only want to climb up the corporate ladder but also aspire to reach C-suite positions like chief executive officer and chief finance officer