Senate Confirms Michelle W. Bowman As Federal Reserve Vice Chair For Supervision
The U.S. Senate confirmed Michelle W. Bowman as the Federal Reserve’s top bank regulator in a 48-46 vote split along party lines.
Jay Hoag Offers Resignation As Netflix Director After Failing Shareholder Approval
Netflix Director Jay Hoag has submitted his resignation after failing to secure a majority vote at the company’s annual shareholder meeting on June 5, 2025.
Mary Boies, Charles Ryan & Roanne Sragow Licht Join Paramount Board
Paramount Global nominated Mary Boies, Charles Ryan, and Roanne Sragow Licht to its Board, increasing its members to seven ahead of the USD 8.4 billion merger with Skydance Media.
Michael Horowitz Replaces Mark Bialek As Fed & CFPB Inspector General
Michael Horowitz, the Justice Department’s inspector general since 2012, will become the Federal Reserve and Consumer Financial Protection Bureau’s new watchdog effective June 30, 2025.
Swiss Regulator FINMA May Gain Power To Fine Banks Under New Proposal
The Swiss government has proposed legal reforms to strengthen FINMA, the country’s financial market regulator, including the power to fine banks and enforce accountability among senior executives.
Former Axis Bank Director S. Mahendra Dev To Lead PM’s Economic Advisory Council
Economist and former Axis Bank Independent Director S. Mahendra Dev has been appointed Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM).
Uber Welcomes Palo Alto Networks CEO Nikesh Arora To Board
Uber Technologies has appointed Nikesh Arora, CEO of Palo Alto Networks, to its Board of Directors, effective immediately.
Sudarshan Venu To Succeed Prof Ralf Speth As Chairman Of TVS Motor
TVS Motor Company has announced the appointment of Sudarshan Venu as its Chairman and Managing Director (CMD), effective August 25, 2025.
Former StanChart India CEO Zarin Daruwala Joins PhonePe Board
PhonePe has announced the appointment of Zarin Daruwala, former CEO of Standard Chartered Bank (India & South Asia), to its Board of Directors.
LIC Names Ramakrishnan Chander As Chief Investment Officer
Ramakrishnan Chander, Executive Director (Investment of Front Office), has taken charge as Chief Investment Officer and Key Managerial Personnel (CIO & KMP) of Life Insurance Corporation of India (LIC), effective June 5, 2025.
