James Murdoch quits UK for NY-based News Corp role James Murdoch, currently boss of News Corp's European and Asian operations, is leaving the UK to take on the role of deputy chief operating officer and chairman and chief executive of international operations, based in New York. News Corp-owned IGN Entertainment has hired former Target Media group trading director Adam Hopkinson as UK commercial director as it bids to double the size of its sales operation. Interpublic's media division Mediabrands has restructured its global operations into three "clusters" and handed more regional responsibility to Jim Hytner, EMEA president of UM. HONG KONG - Olivier Pluquet, CEO for Euro RSCG Asia-Pacific, will step down in June to take over a new role as heading luxury communications for parent company Havas. RBC CAPITAL MARKETS The corporate and investment banking arm of Royal Bank of Canada <RY.TO appointed Rob Sennitt as a managing director and co-head of Mining & Metals, Australia, within its Global Investment Banking platform in Sydney.…
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Gaddafi's authority suffered a major blow last night as his foreign minister, Musa Koussa, resigned his post and flew to Britain. A Libyan government official was quick to deny the story, saying that he is on a diplomatic mission, but the UK Foreign Office confirmed that he had resigned and was being debriefed in Britain. TRADING in the shares of Bank of Ireland and Allied Irish Banks, the top two Irish lenders, will be suspended today pending the results of the banking ‘stress tests’. MARKETS: THE FTSE 100 made its sixth successive daily gain yesterday as investors moved their money into miners and industrials and away from troubled retailers. The index has gained 6% from its year low of 15 March. Wall Street also rose as investors positioned themselves for the quarter’s end, strategically pushing the S&P through 1,330 points, and to a Q1 gain of 5.9%. ASIAN stocks mostly rose overnight, with the MSCI Asia Pacific Index erasing losses made since Japan’s earthquake, as…
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Private banker DBS has hired Lawrence Lua from Julius Baer as head of its Southeast Asia business. Lua, who will also be a managing director, will join in April, DBS said in a statement. Southeast Asia accounts for about half of DBS's private bank business. The Australian government on Tuesday appointed a top executive at an energy company and a well-known economist to the policy board of the Reserve Bank of Australia(RBA), aiming for a greater focus on the country's booming mining sector. Treasurer Wayne Swan said Catherine Tanna and John Edwards would serve five-year terms as non-executive members of the RBA's nine-member board. PRICEWATERHOUSECOOPERS The global accounting firm appointed William Johnston as a managing director in the government contracts practice of its forensic services business. Prior to joining PwC, Johnston led the government contractor service's national practice at KPMG. BARCLAYS CAPITAL The investment banking division of Barclays appointed Josh Connor as head of Global Transportation Investment Banking within the firm's Global Industrials Investment Banking Group.…
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Morgan Stanley has named Wei Christianson, the bank's top China banker and William Strong as co-chief executives for Asia Pacific. The appointments make Christianson the top female banker in the region in terms of title, and brings over Strong from the U.S., who heads its Midwestern operation there. Barclays Wealth, the private banking arm of Barclays PLC , on Monday announced 12 director-level appointments in Singapore and Hong Kong. The nine new hires in Singapore include Benjamin Yeo as head of research, economics and strategy for Asia and Eddie Tan as director for Singapore/Malaysia. Yeo was formerly with Oversea-Chinese Banking Corp's Bank of Singapore, while Tan came from JPMorgan Private Bank . The three Hong Kong hires include Babara Yenson as director in the Hong Kong team and Joanna Ho as head of wealth advisory for North Asia. Hearst has promoted Simon Horne, currently chief financial officer and general manager of NatMag, to the newly created role of CFO, general manager and senior vice-president, at…
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Portugal moved closer to an EU bailout, as its largest banks were downgraded by S&P. The ECB revealed it was forced to buy government bonds worth 432m euros in an attempt to keep Potuguese yields down after the defeat of its austerity budget last week. Debt has reached record heights of 8.3%. Irish banks seem to be edging close to another rescue after reports that the ECB could agree a 35bn euro funding lifeline. The results of stress tests on Ireland's financial system are expected to reveal an imminent need for a 25bn capital injection on Thursday. New prime minister, Enda Kenny has been negotiating to secure international funding. Irish debt reached 10.7%. David Cameron and Nicolas Sarkozy issued a joint statement yesterday calling for Qaddafi supporters to move their support to the Interim National Transitional Council, which has been recognised by Qatar as the legitimate representative body for Libya. Rebel forces have taken control of the bulk of Libya’s oil installations, and are pushing…
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Zmiany w zarządzie ABC Data S.A. W dn. 25 marca 2011 roku Rada Nadzorcza ABC Data S.A. dokonała zmian w Zarządzie Spółki. Zgodnie z podjętymi uchwałami, od 1 kwietnia 2011 roku stanowisko Członka Zarządu, odpowiedzialnego za sprzedaż i marketing w Grupie ABC Data, obejmie Wojciech Łastowiecki, przejmując obowiązki od Andrzeja Sobola. „ABC Data konsekwentnie realizuje strategię dynamicznej ekspansji regionalnej. Jestem przekonany, że dotychczasowe doświadczenie Wojciecha Łastowieckiego w budowaniu skutecznej struktury dystrybucyjnej w kilkunastu krajach Europy Środkowej i Wschodniej, przyczyni się do realizacji ambitnych celów Spółki” - powiedział Marek Sadowski, Prezes Zarządu ABC Data S.A.. Wojciech Łastowiecki do końca marca zajmuje stanowisko Dyrektora Regionalnego w Seagate Technology, który jest największym producentem twardych dysków na świecie. W Seagate Technology był odpowiedzialny za sprzedaż w 14 krajach Europy Centralnej i Wschodniej oraz na Bałkanach, w szczególności budowę i rozwój struktury kanału partnerskiego, marketing i planowanie biznesu wspólnie z dystrybutorami i partnerami firmy. Wcześniej pracował na stanowisku Business Unit Managera w ABC Data, gdzie kierował grupą Product Managerów odpowiedzialnych…
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Thinkbox, the commercial marketing body, has appointed OPera research director Neil Mortensen to the position of research and planning director, replacing David Brennan. German luxury car marque Mercedes-Benz has hired David George for the position of UK marketing director. Barclays Wealth, the private banking arm of Barclays PLC, announced 12 director-level appointments in Singapore and Hong Kong. The nine new hires in Singapore include Benjamin Yeo as head of research, economics and strategy for Asia and Eddie Tan as director for Singapore/Malaysia. Yeo was formerly with Oversea-Chinese Banking Corp's Bank of Singapore, while Tan came from JPMorgan Private Bank . The three Hong Kong hires include Babara Yenson as director in the Hong Kong team and Joanna Ho as head of wealth advisory for North Asia. Yenson was previously with RBS Coutts and Ho came from HSBC . RBC CAPITAL MARKETS RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada , named Paul Brady as head of its Leveraged…
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Germany's governing coalition lost in yesterday’s election in Baden-Wuerttemberg, its worst result since 1952. The two coalition partners took 44.3% of the vote, while the opposition Greens took a record 24.2%, and are now looking to form a government with the Social Democrats who won 23.1%. THE US has stated that it will cut its role in Libya in the next week, and will join other nations in discussing political strategies to end Qaddafi’s rule during an international conference in London tomorrow. Meanwhile, Libya’s rebel army recaptured a series of towns as government forces pulled back under pressure from Western air strikes. PORTUGAL’S interim Prime Minister Jose Socrates has been voted back as leader of his Socialist Party after resigning when parliament voted down his austerity budget. He won 93% of the votes and will lead the party into an election in two month’s time. THE NIKKEI slipped today after weekend reports of soaring radiation levels at the damaged nuclear plant added to the investors’…
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Si è chiuso con una crescita del net asset value a doppia cifra, oltre le previsioni di budget, l'esercizio 2010 per il comparto Special Situations del fondo di private equity Novium Opportunity Umbrella SICAV, amministrato da Zurigo e gestito da ExecutiveSurf Venture Management Italia. E ciò nonostante il rallentamento degli investimenti registratosi nello stesso periodo, dovuto in parte alla selezione delle opportunità fatta dal team di ExecutiveSurf ed in parte ad esigenze di asset allocation da parte del management della sicav, necessarie per l'equilibrio del portafoglio. Nel prezzo, che recepisce ampiamente le riserve prudenziali del fund administrator, non rientra il goodwill dei numerosi progetti in fase di roll out all'interno del portafoglio di investimenti. Il 2010 è stato infatti un anno di joint venture, accordi commerciali e piani di sviluppo di nuovi prodotti che daranno i loro frutti soprattutto nel triennio 2011-2013. Gli impieghi del Novium Special Situations sono gestiti da un team dedicato appartenente al Venture Management, la business unit di ExecutiveSurf rivolta al segmento…
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One in five men read iPad on toilet. Consumers are set to get their hands on the iPad 2 today and new research reveals that one in five men read their iPad in the bathroom and almost everybody uses it every day of the week. Toyota has abolished the role of UK marketing director, following a review of its management structure. Marketing director John Thomson will take on a "new assignment" within the Toyota Motor Corporation in Japan. Simon Freedman has left his role as head of sponsorship at O2 after less than a year, to take up an executive sports marketing role at GlaxoSmithKline (GSK). Virgin Media has recruited Jamie Heywood as its director of mobile, replacing Jonathan Kini, who has been made director of customer services. Heywood will report to Graeme Oxby, executive director of mobile and home phone at Virgin Media. MediaCom has appointed Josh Krichefski as its chief operations officer for EMEA, a role previously held by the MediaCom UK chief…
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