The Observer is to increase its cover price from £2.20 to £2.50 from next week (16 September), citing a “tough market for print”, in a move set to make it the most expensive Sunday national newspaper with The Sunday Times.
Tea brand Twinings is to part ways with its marketing director, Sean Summers, who is moving to Argentina to head ecommerce business MercadoLibre.
Guardian Media Group (GMG) has appointed Aegis Media’s Nigel Morris, as a non-executive director, as the organisation continues its battle to commercialise its publishing operations.
MediaCom France appoints Corinne Pessus as chief executive.
Chime Communications-owned sponsorship agency Fast Track, is axing around 10% of its 150 staff, following the end of the Olympics and Paralympics.
Federico de Nardis, currently chief executive of Maxus Italy, has been promoted to the new role of chief executive of Maxus Europe, Middle East & Africa (EMEA).
WELLS FARGO & CO
The bank named former Fortigent chief investment officer Nathan Sonnenberg as a new director of investments for its ultra-wealthy Abbot Downing business.
STANDARD CHARTERED PLC
The international banking group appointed Patrick Lee as head of origination and client coverage and co-head wholesale banking, Singapore. He joins Standard Chartered after four years as Nomura’s managing director, head of South East Asia investment banking.
AXA China Region Insurance Company Ltd (“AXA Hong Kong”) announced today that it appointed Xavier Lestrade as chief distribution officer, with immediate effect.
AXA UK appointed Yves Masson as Chief Executive of its personal direct and partnerships business.
ARBUTHNOT LATHAM & CO LTD
The private independent bank appointed Liz Bottomley as head of private banking. She takes up her new role with Arbuthnot Latham with immediate effect.
The investment company which is a part of the Sberbank Group appointed Peter Holowka as head of E-FX, managing director. He joins from Unicredit, where he was the global head of eCommerce CIB.
PRAMERICA REAL ESTATE INVESTORS
The European arm of the real estate investment advisory and management business of Prudential Financial Inc named Michael Gallagher an associate portfolio manager responsible for managing UK and European strategies.
J.P. MORGAN ASSET MANAGEMENT
The asset manager appointed Ed Collinge to the position of senior client advisor for UK and European strategic insurance sales. Collinge was previously the head of capital management at Legal & General’s annuity business.