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Aig-Imoukhuede, Access Bank’s former CEO, appointed chairman of holding company

Access Holdings has chosen Aigboje Aig-Imoukhuede as its chairman. He had served as the pioneer CEO of Access Bank, the group’s commercial banking division before it evolved into a holding company. He and Herbert Wigwe bought Access Bank in 2002 and transformed it into Nigeria’s biggest lender by market value. From the year of its acquisition to 2013, Mr Aig-Imoukhuede managed the bank, assisted by Mr Wigwe, the managing director of Access Holdings, who died in a chopper crash in the US last month aged 57.…

Vijay Shekhar Sharma resigns as Paytm Payments Bank Chairman; bank’s board reconstituted – The Economic Times Video

One 97 Communication, the parent company of fintech Paytm, informed the exchanges that founder Vijay Shekhar Sharma has resigned from the board of Paytm Payments Bank (PPBL). Srinivasan Sridhar, former chairman of Central Bank of India, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and retired IAS Rajni Sekhri Sibal have joined the board as independent directors. One 97 Communication, the parent company of fintech Paytm, informed the exchanges that founder…

BYD Chairman Proposes Doubling Share Buyback

BYD’s chairman has proposed that the electric-vehicle giant buy back twice as many shares to help boost its stock price as the EV price war intensifies and concerns about the Chinese economy persist. BYD’s chairman has proposed that the electric-vehicle giant buy back twice as many shares to help boost its stock price as the EV price war intensifies and concerns about the Chinese economy persist. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic…

Senate confirms Cardoso, others as chairman, members of Monetary Policy Committee

The Senate on Thursday confirmed the Governor of the Central Bank of Nigeria, Olayemi Cardoso, as chairman of the Monetary Policy Committee (MPC). The upper legislative chamber also confirmed the appointment of deputy governors of the CBN and seven others as members of the MPC. The CBN deputy governors are, Mohammed Abdullahi, Bala Bello, Emem Usoro, and Philip Ikeazor. Others are Director-General of Securities and Exchange Commission (SEC), Lamido Yuguda, and Permanent Secretary of the Ministry of Finance,…

Ohio Attorney General: Former PUCO Chairman, Former FirstEnergy Executives Indicted on Public Corruption Charges

Former state utilities head Samuel Randazzo was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to provide favorable official actions for the company. Former state utilities head Samuel Randazzo was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to provide favorable official actions for the company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In…

New York Community Bancorp Chairman Buys $200,000 in Stock After Tumble

In a filing, the bank said DiNello bought 50,000 shares at a price of about $4.19 a share. In a filing, the bank said DiNello bought 50,000 shares at a price of about $4.19 a share. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and…

Samsung Chairman Lee acquitted of financial crimes over merger of companies

Samsung Electronics Executive Chairman Lee Jae-yong, also known as JY Lee, was acquitted of stock manipulation and accounting fraud by a South Korean court on Monday over a controversial merger of two company affiliates back in 2015.The Seoul Central District Court ruled that prosecutors failed to prove that the merger of two of Samsung's affiliates, Samsung C&T and Cheil Industries, back in 2015, was unlawful.Prosecutors had claimed that the merger caused damage to shareholders and was done primarily to increase

Samsung chairman Lee Jae-yong found not guilty in merger case

Samsung Electronics chairman Lee Jae-yong has been found not guilty in the case that was connected to the controversial merger of Cheil Industries Inc. and Samsung C&T Corp. These companies were merged in 2015, and it was alleged that Lee Jae-yong was involved in stock price rigging and accounting fraud to solidify his position and take control of Samsung Electronics. Lee Jae-yong has been acquitted of all financial fraud charges Earlier today, a court in Seoul acquitted Lee Jae-yong of the charges against him. He…

Femi Otedola emerges chairman of First Bank Holdings

Femi Otedola, billionaire businessman and chairman of Geregu Power Plc, today emerged as the chairperson of the board of FBN Holdings Plc, whose flagship arm is First Bank.The change of guard happened at a meeting of the Board of Directors of the Group in Lagos on Wednesday, company insiders told PREMIUM TIMES. Mr Otedola succeeds Ahmad Abdullahi, a seasoned economist who was appointed chair of the Holdco on 17 December 2021. Mr Otedola became a non-executive director of FBN Holdings on 14 August 2023, months…

Foxconn: Foxconn chairman Young Liu receives Padma Bhushan; calls it ‘affirmation of collaboration’ with India

Young Liu, the chief executive officer of Taiwanese contract manufacturing giant Foxconn, on Friday said he was "deeply honoured" to be conferred with the Padma Bhushan.The top boss of the iPhone maker was announced as one of the awardees of the third-highest civilian honour by the government late Thursday. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Product ManagementVisitIIM…