Onboarding Archives - The Asia Career Times
Recent announcements in Asia or in Asian companies
Jiannong Qian and Georges Pauget Join Club Méditerranée Board of Directors
May 31, 2011 | Main Editorial Team
Following Fosun’s acquisition of a 7.1% interest in Club Méditerranée, the Group has strengthened its Board of Directors. At its meeting on Tuesday, 29 June 2010, which was chaired by Henri Giscard d’Estaing, the Board co-opted Jiannong Qian, General Manager, Business Investment of the Fosun Group, as a new director. In addition, Georges Pauget was designated as the representative of Crédit Agricole Capital Investissement & Finance (CACIF). Jiannong Qian joins the Club Méditerranée Board of Directors
After beginning his career at German retailer Metro AG, Jiannong Qian was appointed President of OBI (China) Management System Co., Ltd. in 2003, and then served as Vice General Manager of Wumart Stores Inc., a company listed on the Hong Kong Stock Exchange, from 2005 to 2006. In 2006, he became Director and Chief Executive Officer of China Nepstar, a retail drugstore chain that was successfully listed on the New York Stock Exchange.Born in 1962, Mr. Qian holds a bachelor’s degree in economics and a master’s degree in economics from University of Essen in Germany. He is currently a member of the Board of Directors of Shanghai Yuyuan Tourist Mart Co., Ltd., which is listed on the Shanghai Stock Exchange.
Georges Pauget, Chairman of AMUNDI and Chairman of SAS Economie, Finance et Stratégie, has joined the Club Méditerranée Board of Directors as the permanent representative of Crédit Agricole Capital Investissement & Finance (CACIF), replacing Jacques Lenormand. Georges Pauget has spent his entire career with the Crédit Agricole Group, serving in managerial positions with Crédit Agricole SA and its subsidiaries before being appointed chief executive of several of Crédit Agricole’s Regional Banks. In 2003, he was named Chief Executive Officer of Crédit Lyonnais. From 2005 until February 2010, he served as Chief Executive Officer of Crédit Agricole SA Group, Chairman of the Board of Directors of LCL ELe Crédit Lyonnais, and Chairman of Crédit Agricole CIB. Born in 1947, Mr. Pauget holds a doctorate in economics.
RBS strengthens India Equities business with senior hire
May 20, 2011 | admin
The Royal Bank of Scotland Group (RBS) 
announced the appointment of Devesh Kumar as Head of Equities, India in a further move to grow the Equities business in India and the region.
Mr. Kumar is responsible for all of RBS’s cash equity (research and sales), equity derivative and equity financing businesses in India. He is based in Mumbai, reporting jointly to Peter Irvine, Head of Asia Pacific (APAC) Equities and Ramit Bhasin, Head of Markets, India.
“With more than twenty years experience in equities and banking, Devesh will add significant strength to our Equities team. His appointment is a demonstration of our continued commitment to growing the Equities business in the region”, said Peter Irvine.
“India is a core market for the RBS Group and we see huge growth potential here. Devesh will play a key role in our plan to make RBS a top ten equities house in the market”, added Ramit Bhasin.
Mr. Kumar joins RBS from Fortune Financial Services India, where he was the group CEO. Prior to that, he held several roles at Centrum Broking and ICICI Securities, where he built their equities business, as well as ABN Amro Asia Equities, Daewoo Finance India, W.I. Carr, Unit Trust of India and IDBI Bank.
Mr. Kumar holds a Masters degree in Economics from the Delhi School of Economics (1985), and a Bachelors degree in Arts with Honours in Economics from (Kirorimal College), Delhi University (1983).
Dell Services expands leadership team; announces appointment of Suresh Vaswani
May 15, 2011 | admin
- Suresh Vaswani to lead Dell Services Applications and Business Process Outsourcing(BPO) global organization as Executive Vice President
- To assume charge as Chairman of Dell India
Dell Services announced in April that Suresh Vaswani has been named Executive Vice President to lead its Applications and Business Process Outsourcing organization. Vaswani will also assume responsibility as Chairman, Dell India.
The Dell Services Applications and Business Process Outsourcing organization includes more than 15,000 team members globally. Vaswani’s focus will be to build next generation service offerings and grow Dell’s process capabilities on a global basis across multiple industry verticals, service offerings and market segments.
“I am delighted to have Suresh joining our strong team, Esaid Steve Schuckenbrock, president of Dell Services. “He is a great leader and brings incredible global experiences across the full spectrum of IT and business process services. His leadership and experiences will be very valuable for our customers as they streamline their applications and take advantage of the incredible benefits of the virtual era.”
India is strategic to Dell both as a market as well as for its service delivery capability. In his role as Chairman of Dell India, Vaswani will carry the responsibility of further enhancing Dell’s global delivery capabilities and expanding the company’s strong presence in the Indian IT market. Ganesh Lakshminarayanan, President of Dell India, will work closely with Suresh to continue to position Dell India for long term success and growth.
“We’re more excited than ever about the opportunities ahead of us in India, where Dell has experienced tremendous growth in recent years, Esaid Michael Dell, chairman and chief executive officer. “The addition of Suresh to our team will enable us to further accelerate Dell Services offerings while expanding the reach of our global delivery operations – all in service of our millions of customers worldwide. E/p>
“I am very happy and excited to join Dell and help lead the company’s transformation as we expand our Services offerings, ESuresh Vaswani commented. “I look forward to taking the Application and BPO organization to the next level, driven by next generation technology and services. Dell has a great presence in India and I look to enhancing its tremendous lobal delivery model to make Dell a leading technology solutions provider in India and reinforce its position as an employer of choice in the country. E/p>
Suresh has had a very successful track record during his 25 years at Wipro. In his last position at Wipro, Vaswani was the co-CEO of Wipro’s IT business and an Executive Director on the board of Wipro Ltd.
Subaru appoints sales specialist as new global president
May 13, 2011 | admin
The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company’s new president and lead global automotive operations in the post-quake era.
Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru’s parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company’s annual shareholders’ meeting on June 24, Fuji Heavy said.
Current President and CEO Ikuo Mori will slide into the currently vacant position of chairman and retain the title of CEO, overseeing the company’s entire operations, which include the manufacture of everything from windmills to airplanes, in addition to cars.
Yoshinaga joined Fuji Heavy in 1977 and has spent the bulk of his career in domestic marketing and sales. He studied economics at Japan’s Seikei University.
While he has never been posted in the United States, Yoshinaga worked as a strategic planner helping make the U.S. sales arm, Subaru of America, a wholly owned subsidiary in 1990.
He was instrumental in brokering the 2008 cross-holdings alliance with Toyota Motor Corp. Toyota expanded its stake in Fuji Heavy to 16.5 percent and agreed to supply Subaru with minicars for the Japan market, help on hybrid technology and jointly develop a sporty car.
The Subaru veteran takes the reins as the brand struggles to regain its footing after being hit by the March 11 earthquake that hammered Japan’s supply chain and paralyzed the industry.
He said expanding sales in emerging markets would be a big focus of his tenure.
RBS appoints Sherry Liu as Chairman and Chief Executive Officer for China
April 25, 2011 | admin
The Royal Bank of Scotland plc (RBS) today announces a key senior hire as part of its overall investment programme in Asia Pacific. Sherry Liu is joining RBS as Chairman and Chief Executive Officer of RBS in China.
Commenting on the appointment, John McCormick, Asia Pacific Chairman for RBS said: “Sherry brings 15 years of China
investment banking experience to her new role with RBS. Sherry’s appointment demonstrates our continuing focus on building our corporate and
investment banking business both in and outside of China. RBS recognises the importance of success in China as critical to our business performance in Asia Pacific. The addition of Sherry Liu to what is already a very experienced team is part of our continuing investment to ensure that we can best serve the needs of our clients E
Ms. Liu will be responsible for overseeing and driving the Bank’s overall business strategy in China, across banking, markets, wealth and various joint venture investee companies in the country.
Ms Liu will report jointly into John McCormick and Matthew Kirkby, Regional Head of Global Banking. She will also join the Global Banking Asia Pacific Management Team.
Ms Liu joins RBS from JP Morgan Chase, where she was Chairman for China Financial Institutions and Vice Chairman for China.
“I’m excited to be joining RBS in building its franchise in China. RBS has built a fantastic collection of banking businesses and investments in China that very few foreign banks in China can match. I believe RBS has a very compelling growth story in China and I’m excited to be part of growing these activities to the next level, Esaid Ms Liu.
RBS provides comprehensive corporate and investment banking and markets services to major corporate and institutional clients in China and across the globe. Established in China since 1903, RBS operates through a locally-incorporated bank headquartered in Shanghai with five branches in China and 500 employees. The bank has also built multiple non-banking business platforms
including: a wholly owned leasing company; a shareholding in Suzhou Trust; and a joint venture with Galaxy Futures. It is the first UK bank which has secured approval to set up a domestic securities joint venture. This venture is being formed with Guolian Securities.
RBS has been an active player in the investment banking market in China, key transactions inrecent years including:
- Having helped a number of Chinese clients in raising more then CNY4.3 billion offshore Renminbi funding over the past three months, including ICBC Asia’s 2-year CNH3 billion – the largest institutional CNH certificate of deposit issue and the largest institutional-driven CNH bond issuance by a financial institution to date;
- Also having issued its inaugural 3-year CNH bond in January 2011, becoming one of the few financial institutions from developed economies issuing in the CNH market;
- RBS acted as Sole Financial Adviser to China National Bluestar (Group) Co. Ltd. on the USD2 billion acquisition of Elkem AS from Orkla ASA in Norway; and
- China Railway Engineering Corporation’s USD2 billion Hong Kong initial public offering, where RBS acted as joint global coordinator and joint bookrunner.
C&WW appoints new head of HR for India and APAC
April 18, 2011 | admin
Korn/Ferry International Adds Andrew Warneck to Leadership and Talent Consulting Business in Hong Kong
April 13, 2011 | adminHONG KONG, March 28, 2011 EKorn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, has hired Andrew Warneck as Managing Principal to lead its Leadership and Talent Consulting (LTC) business in Hong Kong.
Mr. Warneck will focus on strengthening the LTC business in Hong Kong, with an emphasis on regional clients and the financial services market.
A human capital strategist and a thought leader for talent development, Mr. Warneck spent the last 15 years in banking as a senior human resource and organizational design leader with Marks & Spencer, HSBC, Merrill Lynch and ING in roles covering executive development, leadership development, talent management and learning and development.
Specializing in building cross-functional team effectiveness and creating a high performing and engaging corporate culture, Mr. Warneck has designed and led people strategies that have achieved sustainable talent pipelines and highly engaged employees. He has also led HR projects related to start-up, divestment, joint venture and acquisition.
“Andrew is a highly experienced professional who works with C-level leaders to improve individual and team performance. His influence and problem-solving capabilities enable him to work with top teams to help them shape, articulate and deliver a successful firm-wide talent and development agenda, Esaid Indranil Roy, managing director of LTC in Asia Pacific. “He will be instrumental in helping us to build on the momentum and grow the LTC business to its full potential. E
Mr. Warneck is a practicing coach, facilitator and qualified practitioner of psychometric tools that help with leadership assessment. He is a frequent contributor to human resources news journals and speaker at industry events.
About Korn/Ferry Leadership and Talent Consulting
Korn/Ferry Leadership and Talent Consulting helps companies implement their business strategy and achieve high performance by improving the effectiveness of their organizations, executive leadership and talent management programs. Korn/Ferry’s solutions are delivered by a global team of consultants, supported by research-based and market-leading intellectual property, methodologies and tools.
About Korn/Ferry International Asia Pacific
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Korn/Ferry was the first major global executive search firm to operate in Asia Pacific when it opened its doors in Tokyo in 1973 and today has 18 offices in key business centres throughout the region, including: Auckland, Bangalore, Beijing, Brisbane, Guangzhou, Hong Kong, Jakarta, Kuala Lumpur, Melbourne, Mumbai, New Delhi, Seoul, Shanghai, Singapore, Sydney, Taipei, Tokyo and Wellington. Based in Los Angeles, the Firm delivers an array of solutions that help clients to attract, deploy, develop and reward their talent. Visit www.kornferryasia.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.
Fujitsu appoints new CEO for UK&Ireland
April 12, 2011 | admin
London, 11th April 2011 E/strong> Fujitsu has today appointed Duncan Tait, previously managing director of the company’s private sector business, to the role of CEO for the UK & Ireland. Duncan succeeds Roger Gilbert, who has held the post of CEO since 2009 ERoger will be taking up the role of executive chairman of the UK and Ireland region.
Duncan’s appointment comes off the back of his success in the private sector business Egrowing the company’s revenue contribution from the private sector significantly, including tier 1 customer wins and contract extensions such as Whitbread, Shell and Stagecoach. This business growth, combined with Duncan’s unrivalled energy and drive, makes him the right man to spearhead Fujitsu’s growth plans.
Roger Gilbert, executive chairman Fujitsu UK & Ireland, said: “Anyone who knows Duncan will know that his drive and enthusiasm for this sector is second to none. Since joining Fujitsu he has led the charge to grow our business outside of the public sector and as a result has made a significant contribution to our revenues. I’m personally delighted that he will be taking charge of the company moving forward as we enter some exciting times for the sector. E
Duncan Tait added: “The IT sector is at a critical point Enew technologies and ways of delivering IT such as Cloud are being talked about all the time across the whole of UK PLC and government. It’s vital that organisations like Fujitsu push the boundaries and deliver genuine change for customers Ethat sort of change isn’t always easy and complex projects will inevitably have their challenges. However, IT can be a true agent for change.
Tait continued: “I have a great business to take forward and will be focusing on three key priorities: delivering excellence in client service; launching the new Cloud services portfolio and increasing the profile of the Fujitsu brand in the market. I am confident that in the coming years this region will continue to make a significant contribution to the global aspirations of Fujitsu. E
Duncan was appointed to the role of managing director of the private sector business in October 2009. Prior to joining Fujitsu Duncan was managing director of Unisys EUK, Middle East and Africa business and before that a ten-year career at HP culminated in a role as UK & Ireland outsourcing director.
Cowen announces that Katherine Lu has joined the firm's China Health Care Research team as a Managing Director.
April 10, 2011 | adminCowen Group, Inc. (NASDAQ: COWN) today announced that Katherine Lu to has joined the firm’s China Health Care Research team as a Managing Director. Ms. Lu will be based in New York and report to Barry Tarasoff, Director of Research at Cowen and Company.
?We are pleased to welcome Katherine to Cowen,? said Barry Tarasoff. ?Katherine was one of the first analysts to initiate coverage of Chinese Health Care American Depository Receipts, and we are pleased to add depth to our leading industry coverage and experienced healthcare team. We look forward to the leadership she will bring to the coverage of this important and growing sector.?
Ms. Lu joins Cowen from Oppenheimer & Co. where she was a Managing Director and Head of China Equity Research. While at Oppenheimer, Ms. Lu focused on a range of Chinese companies in the healthcare, food and dairy, specialty chemicals and insurance sectors. Prior to this, Ms. Lu was an Equity Research Associate and member of Cowen’s MedTech team, where she covered the U.S. medical device industry. Ms. Lu has worked in health care consulting at Bogart Delafield Ferrier and has industry experience from her time at Johnson & Johnson Pharmaceutical and Roche Pharmaceutical.
Ms. Lu received her B.S. from Nanjing University in Chemistry and an M.S. in Organic Chemistry from Iowa State University. She also holds an MBA in Finance and Accounting from NYU.
About Cowen Group, Inc.
Cowen Group, Inc. is a leading diversified financial services firm providing alternative investment management, investment banking, research, and sales and trading services through its business units, Ramius and Cowen and Company. Its alternative investment management products include hedge funds, fund of funds, real estate funds, healthcare royalty funds, cash management and commodity trading funds, offered primarily under the Ramius name. Cowen and Company offers industry focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors. Founded in 1918, the firm is headquartered in New York and has offices located in major financial centers around the world.
Caroline Stevens Named New HR Vice President of Minor Hotel Group
April 10, 2011 | adminBangkok: A new Human Resources Vice President has been hired for Minor Hotel Group Limited. Minor Hotel Group is one of the leading hotel operators and developers in Asia. It is a subsidiary of Minor International PCL, and is based in Bangkok, Thailand.
Stevens was formerly the HR Vice President, Middle East and Africa with Hilton Worldwide. Before she worked at Hilton, she worked at Jumeirah and Hyatt International in regional and property assignments.
Stevens graduated from Edith Cowan University, Perth Western, Australia, with a double major business degree in industrial relations and personnel. She has a good understanding of operations and experience in managing issues related to people, and is expected to help the company in their growth globally. The Chief Operating Officer of Minor Hotel Group, Dillip Rajakarier, says: “The success of a company is only as great as its people and with Caroline at our HR helm we can certainly be assured of great things to come. Caroline joining us heralds the next step in our global hotel expansion and we are delighted to have such a talented HR specialist on-board.”