New Executive Directors for PSBs: Dhanaraj T. at IoB & Brajesh Kumar Singh at Indian Bank
The Government of India has appointed Dhanaraj T., currently serving as Chief General Manager, Indian Bank, as the Executive Director at Indian Overseas Bank for three years, with effect from March 10, 2024.
Automotive Axles’ General Manager Abdul Kareem Retired
Abdul Kareem, General Manager and Senior Management Personnel of Automotive Axles, retired on March 10, 2023.
Bajaj Auto Appoints Vinita Bali as Non-Executive Independent Director
The members of Bajaj Auto Limited have approved the appointment of Vinita Bali as a Non-Executive Independent Director for five years, with effect from April 1, 2024.
LTIMindtree Appoints Vipul Chandra as CFO
The Board of Directors of LTIMindtree Limited has appointed Vipul Chandra as Chief Financial Officer (CFO) with effect from April 25, 2024.
L&T Technology Services Appoints Prasad Shanbhag as Company Secretary
The Board of Directors of L&T Technology Services Limited has approved the appointment of Prasad Shanbhag as Company Secretary and Compliance Officer, with effect from May 1, 2024.
ICICI Prudential Life Insurance Company Appoints Naved Masood as Independent Director
The Board of Directors of ICICI Prudential Life Insurance Company Limited has approved the appointment of Naved Masood as an Additional (Independent) Director for five years, with effect from March 7, 2024.
Great Eastern Shipping Reappoints Raju Shukla and Ranjit Pandit as Independent Directors
The Board of Directors of The Great Eastern Shipping Company Limited has recommended to the shareholders the reappointment of Raju Shukla and Ranjit Pandit as Independent Directors for a term of 3 years, with effect from June 1, 2024.
Solara Active Pharma Sciences Appoints Arun Baskaran as CFO
The Board of Solara Active Pharma Sciences Limited approved the appointment of Arun Kumar Baskaran as Chief Financial Officer (CFO) and designated him as Key Managerial Personnel with effect from March 8, 2024.
BP claws back £1.8 million from sacked CEO Amanda Blanc named as senior Independent Director
BP has clawed back £1.8 million from former chief executive Bernard Looney, who was dismissed due to undisclosed personal relationships with colleagues, described as "serious misconduct."
Good corporate governance supported by women on Boards: Moody’s
Moody's Investors Service, a global credit ratings agency, notes that companies in advanced economies show a link between Board gender diversity and credit ratings, while those in emerging markets do not.