Santander Holdings USA, Inc. announced that Brian R. Yoshida has been named Chief Legal Officer, effective May 4, 2020, and Joe Abruzzo has been named Head of Commercial Banking for Santander Bank, N.A., effective June 1, 2020. Both Yoshida and Abruzzo will report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank…
Category: News
Columbia Banking System names Aaron Deer as CFO
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•Columbia Banking System, Inc. and Columbia Bank announced that Aaron Deer has been appointed Columbia’s Executive Vice President and Chief Financial Officer, effective on or before April 30, 2020. Deer’s appointment is the result of an extensive national search following the departure of Greg Sigrist in February 2020. Prior to this, Deer was the Managing…
Bisleri initiates direct home delivery service amid coronavirus pandemic
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•As India steps up to fight coronavirus, Bisler has introduced the Bisleri@Doorstep initiative in its commitment to fulfil the increasing demand for safe and healthy mineral water. Speaking on this initiative, Anjana Ghosh, Director of Marketing and Business Development at Bisleri International Pvt Ltd. said, “In testing times like these when most of us are…
Kotak leadership takes 15% salary cut, Uday Kotak to take ₹1 salary amid coronavirus pandemic
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•Private banking company Kotak Mahindra Bank recently announced that the group’s leadership team has unanimously and voluntarily opted to take a 15% cut in compensation for the financial year 2020-21. The Managing Director of the bank, Uday Kotak has personally opted to forgo his salary, and will receive Re 1/- as compensation. The bank in…
Haryana to double salaries of healthcare officials and workers fighting Covid-19
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•Healthcare officials and workers involved at various levels are the ones fighting this battle at the forefront against the coronavirus pandemic. The exposure health workers are facing with every passing day is making them more prone to get afflicted from the virus, but despite risks involved they are continuously present in the arena to take…
Heidrick & Struggles Appoints Laszlo Bock to Board of Directors
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•Premier executive search firm Heidrick & Struggles recently announced the appointment of former Google HR executive Laszlo Bock to its Board of Directors as an Independent Director, effective April 3, 2020. Along with his new role, Bock will continue to be the CEO of Humu Inc., a company which he founded. As CEO of Humu,…
Crowe names Chris Mitchell as first Chief Diversity officer
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•Crowe LLP announced it has named Chris Mitchell as the firm’s first chief diversity officer. Crowe is a public accounting, consulting and technology firm with offices around the world. Mitchell has been with Crowe for six years, serving as a consulting principal within the technology, media and telecommunications services group prior to this appointment In…
Flipkart, ICICI Lombard and Go Digit tie-up to offer Covid-19 focused health insurance
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•Insurance companies are ramping up the fight against the coronavirus pandemic by introducing new plans. Health insurance companies and General insurance companies are either covering the disease in their existing plans or introducing new dedicated plans that cover the pandemic from day one, including all expenses with additional benefits. Flipkart, India’s homegrown e-commerce marketplace, in…
Rebel Foods raises $50 mn fresh funding led by Coatue Management
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•Rebel Foods, Mumbai-based cloud kitchen operator, announced it has raised $50 million in a fresh funding round from existing investor, US-based hedge fund Coatue Management, according to its filings with the Registrar of Companies. Earlier in 2019, Coatue Management had led an equity financing round of $125 million in Rebel Foods. The financing round saw…
SAS ranked as a best workplace in Asia for its culture of innovation
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•Great Place to Work has ranked analytics leader SAS as one of Asia’s Best Workplaces for 2020. SAS’ corporate culture combines innovation, creativity, inclusivity and work/life balance to create a world-class work environment that inspires and energizes employees. SAS has always been committed to supporting and motivating employees through a culture that balances life and…
Covid-19: Aspirants can now change their center for JEE (Main) 2020
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•In the wake of current COVID-19 situation and in view of the hardships faced by the aspirants of JEE (Main) 2020, National Testing Agency has expanded the scope of making corrections in application forms allowing students to include the choice of cities for centres. The NTA will make efforts to allot city of examination to the candidates in order of the choices now opted by them in their Application Form, subject to the availability of capacity in the desired city.
Bharti AXA Life Insurance names Parag Raja as new MD & CEO
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•Bharti AXA Life Insurance announced the appointment of Parag Raja as its new MD and CEO. Raja will replace Vikas Seth, who led Bharti AXA Life Insurance for the past two-and-a-half years, after April 30. The appointment is subject to regulatory approval. Prior to this, Raja was the Chief Distribution Officer at Aditya Birla Sun…
Novelis gets final nod for acquisition of Aleris
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•Novelis Inc., a subsidiary of Hindalco Industries Ltd, announced it has received the final clearance needed to complete its acquisition of Aleris Corporation, a global supplier of rolled aluminum products. Previously, the European Commission determined that the acquisition could proceed on the condition that Novelis divest Aleris’ plant in Duffel, Belgium to a third party…
Luxoft completes acquisition of CMORE Automotive
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•Luxoft, a DXC Technology Company announced the completion of its acquisition of CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems. Luxoft had announced a definitive agreement to acquire CMORE Automotive on March 5, 2020 and received final regulatory approval on March 24, 2020. “With CMORE Automotive, Luxoft…
Tata Power wins Edison award under social innovation category
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•Tata Power has been conferred with the honourable Global, “Edison Award” for its “Club Enerji #Switchoff2SwitchOn” campaign under Social innovation category and Social Energy Solutions subcategory. The Edison Awards, named after Thomas Alva Edison, recognizes and honours the world’s best innovations and innovators. Being recognized with an Edison Award is one of the highest accolades…