Category: board
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Board orders university to re-evaluate insurance tender
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The Administrative Public Procurement Review Committee has ordered Jaramogi Oginga Odinga University to re-evaluate a tender for the provision of group life insurance, work injury benefits and personal accident cover. This came after the board of directors cancelled the award to Kenya Alliance Insurance Limited and Zamara Risk Insurance Brokers…
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Deutsche Bank appoints Laura Padovani to management board By Reuters
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FRANKFURT (Reuters) – Deutsche Bank said on Sunday it had appointed Laura Padovani to its board of directors responsible for compliance and financial crime prevention, adding a woman to the German bank’s male-dominated senior positions. The promotion of Padovani, who joined Deutsche Bank last year as head of compliance, will…
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Nikola’s Stock Is Slumping. Its Board Made a Grim Decision.
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Electric truck maker shares Nicola (Nasdaq: NKLA) Shares were trading sharply lower Thursday morning, after the company said in a regulatory filing that it would conduct a 1-for-30 reverse stock split next week. As of 10:30 a.m. ET, Nikola shares were down approximately 23.3% from Wednesday’s closing price. Electric truck…
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Former spy chief Michael Gichangi retires from Kenya Airways board
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Former intelligence chief, retired Major General Michael Gichanji, has exited the board of Kenya Airways after six years and eight months. He was a non-executive director and Chairman of the Board’s Strategy and Business Development Committee. He joined the national carrier’s board of directors in September 2017. “The Board of…
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MoonPay Brings PayPal on Board for EU and UK Crypto Purchases
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MoonPay has announced the expansion of PayPal as a payment option for users in the European Union and the United Kingdom, following its successful launch in the United States last month. Now, MoonPay users in 24 EU member states and the UK can purchase cryptocurrencies using their PayPal accounts. PayPal…
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Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update
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Article content CALGARY, ALBERTA, June 05, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“Wisdom – a saying“or the”institution(TSX:MXG) today announced the final director election results from its 2024 Annual General Meeting of Shareholders held on 5 June 2024 (the “Meeting”). A ballot was taken at the Meeting in relation to…
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UBS rejiggers its Group Executive Board as part of Credit Suisse integration (NYSE:UBS)
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MoreISO/iStock editorial via Getty Images In a further phase of the integration of Credit Suisse into the UBS Group (New York Stock Exchange: UBS), the company announced a number of changes to its Executive Board of Directors (“GEB”), including the retirement of Credit Suisse AG CEO Ulrich Körner and Noreen…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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Former CFTC Chair joins Paxos board of directors
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Former CFTC Chairman J. Christopher Giancarlo will join Paxos’ board of directors. according to press release From Paxos, the former head of the Commodity Futures Trading Commission (CFTC) will join the board of directors of the stablecoin issuer. The company appointed Giancarlo to serve among other directors, including former U.S.…
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ForexLive Asia-Pacific FX news wrap: USD higher across the major FX board
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Kuscco board fired after audit reveals Sh6bn illegal withdrawals
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An audit of the financial records of the Kenya Union of Savings and Credit Cooperatives (Kuscco) has revealed rot that has cost the organization more than Sh6 billion in losses, leading to the sacking of the board and senior officials. The audit, conducted by US audit firm Grant Thornton, revealed…
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Atos board reported to be meeting Sunday to review takeover bids By Reuters
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PARIS (Reuters) – The board of directors of French technology company Atos is scheduled to meet on Sunday evening to consider takeover offers, including one from Czech businessman Daniel Kretinsky, newspapers Les Echos and Le Figaro reported. Atos, which provides communications for the French army and is set to manage…
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Eli Azur wins battle for Tamar Petroleum board after NeoGames exit
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Israeli businessman Eli Azor was busy last week with the success of the vote on the formation of the board of directors of Tamar Petroleum (TASE: TMRP). On Wall Street, Azur and his partners completed the sale of online gambling company NeoGames (Nasdaq: NGMS) to Australian gaming and betting company…
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Berkshire board member blesses Buffett’s successor but warns—’he’s not going to be as entertaining as Warren and Charlie’
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Everyone knows Warren Buffett The successor to the Legendary Investor will not be able to keep up with the Legendary Investor, however Berkshire Hathaway The company’s Board of Directors remains confident that Greg Appel is the right man to lead the group into the future. Ron Olson, a longtime Berkshire…