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Tag: helm

  • Barbara Werschine Takes the Helm at Lanvin: A Luxury Brands New Era Begins

    Barbara Werschine Takes the Helm at Lanvin: A Luxury Brands New Era Begins

    Lanvin Group has announced the appointment of Barbara Werschine as the new Chief Executive Officer (CEO) of Lanvin. This strategic decision is part of the luxury fashion group’s initiative to bolster Lanvin’s global standing and promote growth.

    Barbara Werschine Heading Lanvin’s Strategic Direction

    Werschine will take charge of Lanvin’s strategic guidance, steering its international growth and enhancing the brand’s status in the global luxury marketplace. With over two decades of experience in the luxury industry, Werschine has previously occupied high-ranking positions at several renowned fashion establishments.

    She transitions to Lanvin from her prior role as CEO of Eric Bompard, a French cashmere specialist brand. During her tenure there, she streamlined the brand’s modernization efforts while also enhancing its financial performance. Earlier in her career, Werschine was a part of the executive committee at Hermes, as director of leather goods collections. Her professional journey also includes leadership and product development roles at Celine, Louis Vuitton, and Zadig & Voltaire.

    Building on Heritage and Driving Growth

    Lanvin Group’s decision to appoint Werschine reflects its aspiration to capitalize on the house’s legacy while implementing a contemporary growth strategy and expediting its international expansion. With headquarters in Shanghai and Milan, Lanvin Group controls a range of luxury brands, including Lanvin, Wolford, Sergio Rossi, and St John Knits.

    The executive shift comes amid the group’s navigation of a challenging luxury market. Lanvin Group registered a revenue of €240.5 million (US$277.4 million) from continuing operations for FY25, marking a 17.6% decrease year-on-year. The group attributed this downturn to reduced consumer demand and continued instability in primary markets.

    The group earlier this year strategically divested the Italian luxury menswear brand Caruso. This was a step towards streamlining focus on its core brands and enhancing operational efficiency in the face of persistent instability in the global luxury sector.

    Questions & Answers

    Who is the new CEO of Lanvin?
    Barbara Werschine has been appointed as the new CEO of Lanvin.

    What are the responsibilities of Barbara Werschine in her new role?
    Werschine will be in charge of Lanvin’s strategic direction, leading its international expansion and efforts to enhance the brand’s presence in the global luxury market.

    Why did Lanvin Group’s revenue decrease in FY25?
    The decrease in revenue was due to weaker consumer demand and ongoing market volatility.

  • Beatrice Goasglas Takes the Helm at Tag Heuer: LVMH’s New CEO to Drive Innovation and Elevation

    Beatrice Goasglas Takes the Helm at Tag Heuer: LVMH’s New CEO to Drive Innovation and Elevation

    Luxury goods multinational corporation LVMH has announced the appointment of Béatrice Goasglas as the new CEO of its premium watch label, Tag Heuer. The appointment will take effect from May.

    Professional Background of the New CEO

    Goasglas has been with Tag Heuer since 2018, during which time she has occupied several pivotal positions. Her most recent role was that of the president of Tag Heuer Americas, which followed tenures as the vice president of digital and client experience and the managing director of Tag Heuer Asia Pacific.

    Role Expectations and Responsibilities

    In her new capacity as CEO, Goasglas is expected to leverage her considerable understanding of the brand’s legacy and workforce to further its ongoing development and innovation initiatives. These efforts will be directed at enhancing the brand’s collections and strategic partnerships. One of the key relationships under Goasglas’s stewardship will be with Formula 1.

    Executive Statements

    Stéphane Bianchi, the managing director of LVMH Group and CEO of LVMH Watches & Jewelry, expressed his enthusiasm for Goasglas’s new role. Bianchi believes that Goasglas’s comprehensive understanding of the brand, along with her leadership skills and unwavering dedication, will empower Tag Heuer to scale new milestones. Bianchi is confident that Goasglas will guide the brand to continue representing the finest standards of watchmaking quality and the innovative spirit that is so integral to the brand’s identity.

    Earlier this year, LVMH named Francois Kohler as president of South and Southeast Asia. Kohler took over the role from Chris Chong.

    Questions & Answers

    Who is the new CEO of Tag Heuer?
    Béatrice Goasglas has been appointed as the new CEO of Tag Heuer.

    When does Béatrice Goasglas’s tenure as CEO commence?
    Goasglas’s appointment as CEO of Tag Heuer will be effective from May.

    What role did Béatrice Goasglas hold at Tag Heuer prior to becoming CEO?
    Before stepping into her new role as CEO, Goasglas was the president of Tag Heuer Americas.

  • Former Uber Executive Ascends to the Helm of Gojek Singapore: Janine Teo Steps in as New General Manager

    Former Uber Executive Ascends to the Helm of Gojek Singapore: Janine Teo Steps in as New General Manager

    Gojek Singapore, a leading ride-hailing platform, has made significant changes to its top leadership, appointing Janine Teo as its new General Manager. Teo is succeeding Lien Choong Luen, who decided to step down in February after steering the company for seven fruitful years.

    Teo is not new to Gojek; she has held multiple operational leadership positions within the company for over seven years. The company is confident in her capabilities to drive its business forward, thanks to her extensive experience. Teo’s main focus will be to continue enhancing Gojek’s platform, ensuring it remains a reliable tool that supports driver-partners and their livelihoods, and delivers dependable services to Singaporean consumers.

    Before her recent promotion, Teo held various roles, including Country Lead of Driver Experience and Operations Manager at Uber, where she served from 2017 to 2018. Later, she became the Head of Supply in Singapore at GoTo Group, the technology group overseeing Gojek, starting from 2020.

    Lien Choong Luen’s Departure

    Reflecting on his tenure, Lien has remarked that he had the privilege of witnessing the maturation of the ride-hailing industry during an especially intense period characterized by increased competition and stricter regulations.

    Navigating the challenges presented by the Covid-19 pandemic, including supporting drivers amid a sharp decrease in demand, was one of the significant hurdles that the company had to overcome under his leadership.

    Lien has shared that he plans to take a sabbatical and dedicate more time to his board roles, serving as the President of Singapore Athletics being one. Additionally, he is exploring fresh opportunities in the technology sector while catching up on the regional developments.

    After seven years at the helm of Gojek Singapore, with the business in a robust position, the company believes that it was an opportune moment for Lien to exit the role and follow his personal interests.

    Questions & Answers

    Who has been appointed as the new General Manager of Gojek Singapore?
    Janine Teo is the new General Manager of Gojek Singapore.

    What was Janine Teo’s position prior to her promotion?
    Teo previously held the position of Head of Supply in Singapore at GoTo Group, the technology group that oversees Gojek.

    Why did Lien Choong Luen step down from his role at Gojek Singapore?
    Lien decided to step down from his role at Gojek Singapore to focus on his personal interests, including his board roles and exploring opportunities in the technology sector.

  • HSBC Ushers in New Era with Steve Hughes at Helm of Australasian Operations

    HSBC Ushers in New Era with Steve Hughes at Helm of Australasian Operations

    HSBC, the London-based banking conglomerate, has announced the appointment of Steve Hughes as the new Chief Executive Officer of its Australia and New Zealand operations. This change in leadership will take effect from the 1st of January, 2026.

    Leadership Transition

    Hughes will take over from Antony Shaw, who is set to retire at the end of the year. Shaw leaves behind a legacy of nearly two decades with the British financial institution.

    Background of the New CEO

    Steve Hughes has been associated with HSBC since 2015 and has been leading the wholesale banking division for Australia and New Zealand since January 2023. He brings to the table an extensive background in international banking operations, courtesy of his more than 20-year tenure with the Royal Bank of Scotland.

    Questions & Answers

    Who has been appointed as the new CEO of HSBC’s Australia and New Zealand operations?
    Steve Hughes has been appointed as the new CEO for HSBC’s Australia and New Zealand operations.

    When will Steve Hughes officially take on his new role?
    Steve Hughes will assume his role as CEO from the 1st of January, 2026.

    Who is Steve Hughes succeeding as CEO?
    Steve Hughes is succeeding Antony Shaw, who is retiring at the end of the year.

  • Bamboo Airways Shuffles Top Management: Vice Chairman Bui Quang Dung Promoted to Helm

    Bamboo Airways Shuffles Top Management: Vice Chairman Bui Quang Dung Promoted to Helm

    Bui Quang Dung has been appointed as the new chairman of Bamboo Airways, replacing Le Thai Sam. The announcement was made on Thursday, confirming that the change would take effect from the preceding Wednesday. Dung simultaneously holds the position of deputy CEO at property development firm FLC Group, which is also the parent company of Bamboo Airways.

    A Wealth of Experience

    Dung brings with him a wealth of experience from several senior management roles at various firms including the investment management firm Colliers International, the multi-industry BIM Group, and property developer Empire Group. He is a proud alumnus of Southern Columbia University in the U.S., where he earned a master’s degree in business administration. With more than 15 years of experience in real estate investment management, Dung is set to contribute significantly to the airline’s growth. The airline confirmed that Sam, the outgoing chairman, would continue to serve as a member of the board.

    The History of Bamboo Airways

    Bamboo Airways was founded by FLC Group in 2017 and commenced operations in early 2019. It changed hands in May 2023 when it was fully sold to Sam, only to be repurchased by FLC Group in September of the same year.

    The recent reshuffle at the helm is part of a wider board restructuring initiated after the airline was reintegrated into the FLC Group. The company has witnessed several leadership changes, with Dung being the seventh chairman since 2022. The frequent changes were precipitated by the financial challenges faced by FLC Group.

    Plans for the Future

    Bamboo Airways has ambitious plans for the future, aiming to restructure its operations and expand its fleet and route network over the next five years. The airline has plans to add a new aircraft ahead of the peak travel season at the end of the year and another one before the Lunar New Year holidays in February 2026.

    At an extraordinary shareholders’ meeting held on Tuesday, Bui Hai Huyen, FLC’s CEO, announced that the company is currently in discussions with several local and international partners. The prospective collaborations would involve experience in aircraft leasing, purchasing, and financing.

    Questions & Answers

    Who is the new chairman of Bamboo Airways?
    Bui Quang Dung has been named as the new chairman of Bamboo Airways.

    What previous experience does Bui Quang Dung bring to his new role at Bamboo Airways?
    Dung has held senior management roles at several firms including Colliers International and the BIM Group. He also possesses over 15 years of experience in real estate investment management.

    What are Bamboo Airways’ plans for the future?
    Bamboo Airways intends to restructure its operations and expand its fleet and route network within the next five years. It also plans to add new aircraft to its fleet in the near future.

  • Jim Wang Takes Helm as CEO of Standard Chartered’s China Securities Unit: A Leap Forward in Asia’s Financial Landscape

    Jim Wang Takes Helm as CEO of Standard Chartered’s China Securities Unit: A Leap Forward in Asia’s Financial Landscape

    Standard Chartered recently revealed that it has chosen a new leader for its securities division in mainland China.

    Appointment of New CEO for Standard Chartered Securities (China) Limited

    Standard Chartered Securities (China) Limited (SCSCL), the Chinese securities branch of Standard Chartered’s Hong Kong banking unit, has welcomed Jim Wang into the role of CEO. Wang will be responsible for supervising the company’s comprehensive operations and will report directly to its board of directors.

    About Jim Wang

    Wang boasts an impressive career that spans two decades, during which he accumulated experience in various fields including securities, asset management, and banking. He has held high-ranking positions at multiple leading financial institutions, both domestically and internationally.

    Comments on Wang’s Appointment

    John Thang, Head of Markets and Strategic Client Management & Solutions for Hong Kong, Greater China & North Asia, made laudatory comments about Wang’s appointment. He noted, “Jim’s extensive international and domestic experience makes him an invaluable addition to our team. His deep understanding of China’s fixed income capital markets coupled with his proven leadership and management skills, underscored by a consistent record of delivering excellent business performance, makes him the perfect fit for this role.”

    Questions & Answers

    Who is the newly appointed CEO of Standard Chartered Securities (China) Limited (SCSCL)?
    Jim Wang was recently selected as the CEO of Standard Chartered Securities (China) Limited (SCSCL).

    What is Jim Wang’s primary responsibility in his new role?
    Wang will be in charge of overseeing the company’s overall operations and will be directly reporting to its board of directors.

    What can be said about Jim Wang’s professional experience?
    Jim Wang’s professional journey spans over 20 years, and includes experience in securities, asset management, and banking. He has served in senior managerial roles at several leading financial institutions both domestically and internationally.