Under-fire banking giant Barclays today named its retail and business banking boss Antony Jenkins as chief executive. WPP profits climb 7% as it sets up return to UK. Was Arafat murdered? TBWA UK Group's new chairman and chief creative officer, Peter Souter, is reuniting the award-winning creatives Walter Campbell and Sean Doyle, hiring them as creative directors at TBWALondon. Philips UK & Ireland has promoted its consumer lifestyle division's top marketer Joanna Elliott to the role of managing director of the division. UBS GLOBAL ASSET MANAGEMENT The Swiss bank rehired Kai Sotorp as head of Asia Pacific. He would begin in his new role from Sept 3. Sotorp held the same position at UBS between 2002 and 2004 and was head of the Americas between 2004 and 2010. BARCLAYS PLC The bank named Antony Jenkins as director and group chief executive. Jenkin was previously the chief executive of Barclays' retail and business banking segment. AAREAL BANK AG Tammo Diemer, who runs treasury operations at the…
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Virgin Trains has started court proceedings over the Department for Transport's recent decision to award the West Coast Main Line franchise to FirstGroup. Wall Street Journal to host Tech Cafe in Shoreditch. Sky ad banned for exaggerated 'instant' movie claim. Friends Life to end Twenty20 cricket sponsorship. Rapier name is saved by CHI as it goes into administration. Rapier has gone into administration after 24-years, following client budget cuts and a series of account losses, including RAC and Yell. Yahoo has appointed former Amazon vice president Kathy Savitt as global chief marketing officer, replacing Mollie Spilman, who had been in the role for just three months. Life assurance brand Standard Life is to carry out a restructure of its global business, which will involve UK marketing director Bruce Kelsall departing the business in October. Kerry Foods has appointed former Britvic marketer Russell Goldman as marketing director for its meats and savoury unit in GB and Ireland. BARCLAYS PLC The bank appointed Christopher Van Houten as…
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Lynx says 'sorry' to Prince Harry. Lynx has run a one-off tactical press ad in the Sun on Sunday that apologises to Prince Harry for the Las Vegas debacle, which the brand jokes may have been caused by the "Lynx Effect'". Britons 'drunk in three quarters of Facebook photos'. Voters want Osborne out as Chancellor in Cameron's reshuffle. Apple looks to new iPhone after $1bn patent victory over Samsung. ARAB BANK PLC Jordan's largest lender appointed Sabih al-Masri as chairman after the resignation of Abdel Hamid Shoman this month in a dispute over the chairman's power. Masri was previously deputy chairman of the bank. BROWN BROTHERS HARRIMAN & CO The privately held financial institution named Michael Kim as the Chief Investment Officer of its wealth management business.
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When I tell people that I am interested in microfinance I get mixed reactions and almost always a hint of scepticism.Those who work in NGOs tell me of the damage it has done to communities and others who work in corporate or multilateral institutions warn me to not get involved with some “sketchy” institutions. The point is, microfinance, as an industry, sits between the charities and commercial entities and although, for some decades, it has enjoyed the support of both parties, its reputation has recently started crumbling. The pioneer of microfinance, Mohammad Yunus, who founded the Grameen Bank in 1983 and won the Nobel Peace Prize, in 2006, aimed to provide access to financial systems for the poor, that would give them an alternative to the local moneylenders, who often demanded high interest rates and abused the borrowers because of their frailty. Because the Grameen model of microcredit was so successful, many institutions adapted it to their local circumstances and that is approximately how the…
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Het is een fact of life dat je soms, als je fulltime werkt, op zoek bent of gaat naar een nieuwe baan. Met de opkomst van sociale media, wordt het steeds moeilijker je ambities geheim te houden, zeker nu Facebook recentelijk aankondigde dat het komt met een eigen vacaturesite. Het vinden van een nieuwe baan kan stressvol zijn; je wilt waarschijnlijk niet dat je huidige baas er achter komt dat je van plan bent weg te gaan, maar toch moet je wel de juiste rooksignalen creëren richting potentiële nieuwe werkgevers en zakelijke contacten. Het is dus een mijnenveld waar je je doorheen moet navigeren. Als je geruchten hoort of af weet van gedwongen ontslagen, of je klaar bent met je huidige baan, is het zeer acceptabel om om je heen te kijken, maar waarschijnlijk nog het beste je baas hier niet over te vertellen. Een ex-collega vertelde me: ' Ik ken genoeg mensen die werk zoeken en vinden, maar het probleem is de leugens die je…
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De Olympische spelen zijn vliegend van start gegaan. Het gevoel van de Britse bevolking was voor de aanvang echter gemengd, en er werd meer gepraat over drukker openbaar vervoer dan over een gevoel van trots op het organiseren van de Spelen. Toch, net als met het jubileum van de Koningin, ziet het er naar uit dat het gastland warm loopt voor de spelen nu de show is begonnen. Ook al wil ik het feest niet verpesten, is het toch goed even stil te staan bij de lokale gemeenschap die woonachtig is om het Olympische park heen en het effect dat het evenement op hun heeft. Wanneer je naar de verhalen luistert van lokale vertegenwoordigers en bewoners over de inspanningen van de overheid om te verzekeren dat het gebied na de olympische spelen ook bruisend blijft, zijn de meningen verdeelt. De regeneratie van het gebied is een controversieel onderwerp. Neem bijvoorbeeld Ricky Burdett, hoofdadviseur architectuur van de Spelen. Hij suggereert dat er voldoende aandacht is besteed…
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De officiële definitie van een introvert is iemand die in zichzelf gekeerd, en weinig spraakzaam is. Dit in acht nemend zou je denken dat een werkgever niet staat te springen om een introvert aan te nemen. Een introvert zijn is echter niet zo makkelijk als de definitie uit een woordenboek. Een introvert kan best verlegen, en soms ook nerveus zijn; maar introversie zelf is niet gelijk aan verlegenheid. Een introvert is iemand die energie kan ontlenen aan het alleen zijn, en wiens energie afneemt door samen te zijn met andere mensen. Introverte mensen zijn bezig met de afgesloten wereld in hun gedachten; ze houden van nadenken, en genieten van het verkennen van hun gedachten en gevoelens. Soms kan een introvert, zelfs een met goede sociale vaardigheden, bepaalde sociale activiteiten vermijden omdat dit erg vermoeiend is en er voor zorgt dat ze daarna tijd nodig hebben om bij te komen. Dana Rousmaniere, van de Harvard Business Review (HBR), heeft onlangs een interessant interview gehad met Susan Cain, schrijfster…
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Peter Norfolk, 52, famously known as the Quadfather, is the world's best wheelchair tennis player. He has just been chosen, by his teammates to be Team GB's flagbearer at the Paralympics opening ceremony. On the eve of the 2012 Paralympic Games, where he will be defending his gold medal from Beijing, we re-print an interview with him from 2010. Peter is the world number one quad wheelchair tennis player and has won more grand slam tournaments than Roger Federer and two Paralympic golds. In 2005, he was awarded an MBE. Hi Peter; what do you do? Since 1989 I have run a business, EPC Wheelchairs, in Farnborough. I also play wheelchair tennis. What is your typical day like? Well, I’ll go to work and after that I’ll take my dog to the woods for a run and then play tennis for two or three hours at the NTC (National Tennis Centre) in Roehampton. What is your proudest achievement? I think, winning this year’s Australian Open.…
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Anders Behring Breivik declared sane and sentenced to 21 years. Court decides confessed killer was not psychotic when he went on rampage in Oslo that left 77 people. "Enough is enough": Lance Armstrong facing life ban after saying he won't contest doping charges. Maxus has promoted Lindsay Pattison, its UK chief executive, to the new post of global chief strategy officer. Blossom Hill to sponsor Dallas on Channel 5. News Corp parts ways with chief digital officer Jonathan Miller. TBWA UK has appointed the comedy writer and former adman Peter Souter as its chairman and chief creative officer, as its group president, Robert Harwood-Matthews, moves to TBWAChiatDay in New York. BANK OF AMERICA CORP The bank named four new directors in anticipation of director retirements early next year. The new directors, Sharon Allen, former Deloitte LLP chairman; Jack Bovender, former HCA Inc chairman and chief executive; Linda Hudson, president and CEO of the U.S. subsidiary of BAE Systems Plc ; and David Yost, former CEO…
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Professional services group KPMG warned just yesterday that bankers faced more job losses and pay cuts unless the economy improved. A day later and the firm was back in touch, announcing that there are going to be cuts in its own UK headcount of around 11,300 people. Yesterday the firm said it was carrying out reviews of its structures and headcount numbers. “It is likely that we will need to make a number of roles redundant over the coming weeks,” a statement said. Precise numbers are not known but estimates yesterday suggest the number will be around 300. The redundancies come just weeks into Simon Collins’ reign as chairman of KPMG UK and have the hallmark of the type of move made by many a chief executive coming in to a job. There is certainly a change of feel from the leadership days of John Griffith-Jones where the firm reacted to the downturn following the Lehman crisis by introducing a novel programme of allowing staff…
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