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Tag: president

  • Anindya Dasgupta Appointed New Asia-pacific President For Kenvue: A Strategic Move For Johnson & Johnson

    Anindya Dasgupta Appointed New Asia-pacific President For Kenvue: A Strategic Move For Johnson & Johnson

    Leadership Transition at Kenvue

    Kenvue, Johnson & Johnson’s consumer healthcare sector, has appointed Anindya (Andy) Dasgupta as the new group president for the Asia-Pacific region. The appointment is effective as of July 14th.

    Mr. Dasgupta will be succeeding Ellie Xie, who will remain for a short period to ensure a smooth transition of leadership.

    A Wealth of Experience

    Dasgupta’s near thirty-year career in global consumer goods equips him with a plethora of knowledge and skills for his new role. His background includes senior positions at prominent companies such as GSK, PepsiCo, Fonterra, and Imperial Brands.

    Kenvue CEO, Thibaut Mongon, praised Dasgupta as a transformational commercial business leader. He commended Dasgupta’s proven skills in commercial strategy, sales, marketing, and business development. Mongon expressed his excitement about Dasgupta’s addition to the leadership team and anticipates his results-driven leadership approach in the Asia Pacific region.

    Directing Kenvue’s Asia-Pacific Operations

    In his newly assumed position, Dasgupta will manage Kenvue’s fully integrated operations in the Asia-Pacific. His responsibilities will include guiding the company’s regional growth strategy. He will also exploit the rapidly evolving innovation in markets, data, technology, and science to leverage company growth.

    Questions & Answers

    What is Anindya Dasgupta’s new role at Kenvue?
    Anindya Dasgupta has been appointed as the new group president for Asia-Pacific at Kenvue, Johnson & Johnson’s consumer healthcare division.

    What are some of the companies Dasgupta has previously worked for?
    Dasgupta has held senior roles at GSK, PepsiCo, Fonterra, and Imperial Brands.

    What will be Dasgupta’s responsibilities in his new role?
    Dasgupta will be responsible for overseeing Kenvue’s fully integrated Asia-Pacific operations, directing the company’s regional growth strategy, and leveraging innovation in markets, data, technology, and science.

  • OCBC Deputy President Retires

    OCBC Deputy President Retires

    OCBC’s deputy president will retire after 22 years with the Singaporean bank. OCBC deputy president Ching Wei Hong will retire at the end of September, according to an exchange filing.

    Ching first joined OCBC in November 1999 as head of transaction banking and has since held various senior roles including chief financial officer, chief operating officer and chairman of Bank of Singapore before being named deputy president in early 2020.

    I am deeply grateful to Wei Hong for building a strong foundation upon which our wealth management and consumer banking businesses will grow from strength to strength. Please join me in wishing him a healthy and happy retirement, according to a report citing an email from chief executive Helen Wong.

    Separately, the bank has appointed Sunny Quek as acting head of global consumer financial services, effective October 1, as well as director of OCBC Securities, subject to regulatory approval.

    Quek will report to Wong and Bank of Singapore CEO Bahren Shaari. Quek is currently OCBC’s head of consumer financial services in Singapore.

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  • Mary Kay names new Asia Pacific regional president

    Mary Kay names new Asia Pacific regional president

    Mary Kay announced Wendy Wang will be appointed President of the company’s Asia Pacific Region. In her new role, Wang will provide strategic vision and leadership and drive growth in the region and beyond.

    “We want to congratulate Wendy as she transitions into her new role as President of Mary Kay Asia Pacific,” said David Holl, Mary Kay Chairman and Chief Executive Officer. “Wendy is passionate for the Mary Kay independent sales force and is a proven leader within Mary Kay. During her tenure, she has tirelessly built a strong and talented legal team that created a culture of compliance and compassion for China and the entire Asia Pacific Region. We are thrilled to welcome her as a member of the executive committee as we build on our efforts to enrich women’s lives around the globe.”

    Wang joined the company’s legal department in 2002 as Counsel for the Asia Pacific region and worked in China until 2012, when she was promoted to Vice President and Associate General Counsel over all four regions. In 2019, she returned to China and was promoted to Chief Commercial Officer for the Asia Pacific Region in 2020.

    “I am committed to empowering women and their families in the Asia Pacific region,” Wang says. “Supporting Mary Kay’s independent sales force is my greatest honor and always brings me hope, love, and confidence in our future. We are a people business with a mission to enrich women’s lives and a vision to empower the Independent Beauty Consultant. My team and I are committed to delivering the very best business opportunity, building upon the values Mary Kay upholds as cornerstones of our corporate culture and mission.”

    This promotion is a continuation of Mary Kay’s commitment to empowering women leaders. As of March 2021, the company’s global executive team is more than 50 percent female.

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  • Canada Goose appoints an APAC president

    Canada Goose appoints an APAC president

    Canada Goose announced the appointment of Scott Cameron as president, Asia-Pacific (APAC), effective April 1 and the appointment of Michael D. Armstrong, executive vice president, ViacomCBS, to its Board of Directors as an independent director, effective immediately.

    Cameron joined Canada Goose in 2016 as chief strategy and business development officer and most recently served as president of the Greater China region. During his tenure, Cameron was responsible for the development and growth of the brand’s direct-to-consumer global channels, successfully established Canada Goose’s presence in Asia and assembled its team in the region. In this new role, he will oversee all marketing and commercial activity within the expanded APAC region, which includes Greater China, Japan, South Korea, Australia, and New Zealand.

    “Scott has been instrumental in ensuring the highest level of operational excellence throughout our stores globally, building our business in Greater China and providing an exceptional level of support to the executive team for the past five years,” said Dani Reiss, president and CEO of Canada Goose. “This appointment is a reflection of his relentless efforts and the success he has helped to drive in the region.”

    Armstrong, a 22-year veteran of ViacomCBS Global Distribution Group, manages relationships with third-party studios and oversees the international sales teams for formats and CBS Newspath service. Previously, he served as general manager of BET Networks, where he oversaw strategy and operations, content acquisitions, multi-platform scheduling, marketing, corporate communications, strategy, finance, research, and audience science. Armstrong is on the board of PRX and a member of the Board of Trustees at his alma mater Hampton University.

    “I look forward to Michael’s contributions as a Canada Goose board member, drawing on his extensive expertise in business development and operations throughout the entertainment industry and the world,” said Reiss. “I am confident that his vast entertainment experience will provide a valuable perspective as we continue to execute on our long-term growth strategy.”

    “I am honored to join the Board of Directors at Canada Goose, which has grown into one of the world’s most coveted lifestyle and performance luxury apparel brands. I look forward to working hand in hand with my fellow Board members and the management team to continue to propel the brand’s growth,” said Armstrong.

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  • Taubman Asia names new president

    Taubman Asia names new president

    Taubman Asia president Peter Sharp has resigned after almost three years in the role.

    Parent Taubman Centers has announced Sharp’s replacement will be Paul Wright, executive VP and global head of leasing, who will relocate to Hong Kong and take up the new role on January 1.

    “We thank Peter for his contributions and his steadfast commitment to driving the company’s growth in Asia,” said Robert Taubman, chairman, president and CEO of Taubman.

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    “Paul’s significant relationships with global retailers and partners, and his knowledge of the Asia market, has been an important part of our business in the US and abroad,” said Taubman. “This promotion is the natural next step for Paul, and his competencies will be essential as we prepare to open Starfield Anseong in South Korea in 2020 and evaluate other opportunities in the region.”

    Wright, joined Taubman Asia in 2006. During his tenure, he led the leasing program for the company’s ground-up development properties in China — CityOn. Xi’an (opened April, 2016) and CityOn.Zhengzhou (opened March, 2017), as well as Starfield Hanam (pictured) in South Korea (opened September, 2016). He also led leasing of IFC Mall in South Korea, a center for which Taubman Asia previously provided leasing and management services.

    Prior to joining Taubman Asia, Wright worked with Citta Management Limited where he was responsible for leasing, property management and retail operations at the Taipei 101 Mall. He also held management roles with Lendlease Corporation in Asia and Jones Lang Wootton in Perth and Sydney. An Australian, Wright speaks Mandarin Chinese and English.

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  • Apple appoints former Microsoft executive

    Apple appoints former Microsoft executive

    Apple has appointed Microsoft’s former Corporate Vice President Sam Jadallah to lead the “Home” products category at Apple. Even though Apple has not officially announced the appointment, Jadallah updated his LinkedIn bio to read – “Working on Home at Apple”, reflecting his new role with the iPhone-maker. However, along with Apple, Jadallah has also been tight-lipped over his hiring by the company.

    After Microsoft, Jadallah ran a smart lock start-up called ‘Otto’ that shut down in January 2018.

    “Hiring Jadallah is the latest signal that Apple plans to get serious about its own efforts in the ‘Home’ category,” the report said.

    Apple has a range of “Home’ products including HomeKit — its software service that connects with a variety of third-party products; and HomePod — a smart speaker for the home with voice recognition and music.

    Currently, Apple’s HomePod constitutes a small share of the home products market as compared to Amazon’s Echo and Google Home.

    Recently, Apple acquired a voicetech start-up called Pullstring to strengthen Siri against Amazon’s Alexa.

    “That purchase could help the smartphone-maker become the centre of a connected living room,” the report added.

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  • Pandora appoints Alexander Lacik as chief executive officer

    Pandora appoints Alexander Lacik as chief executive officer

    The Board of Directors of Pandora has appointed Alexander Lacik as President and Chief Executive Officer. Mr. Lacik’s strong track-record as a consumer marketer and brand architect will help drive the execution of Programme now and assert Pandora’s position as the world’s largest jewellery brand. He will join Pandora as soon as possible.

    Alexander Lacik (54) brings international experience from growth and brand building in global consumer companies. He joins Pandora from the position as CEO of Britax Ltd., a world leader in child safety products. Prior to this, he was President of North America at RB (Reckitt Benckiser) from 2013-2017 and has held key management positions with the leading global consumer goods company since 2004. Previously, Lacik held positions in sales and marketing with Procter & Gamble from 1992 to 2004.

    At RB, Lacik contributed significantly to the company’s growth turnaround in a competitive global consumer business where brand distinction and brand equity are critical components. He successfully drove strategic brand positioning and above market growth in the group’s largest region with more than USD 3.5 billion in revenue and a full value chain. Lacik has lived and worked in five countries and managed businesses in regions across the world, covering manufacturing, product development, sales, marketing, and retail partnering.

    Peder Tuborgh, Chairman of the Board of Directors says: “I am delighted that we have secured Alexander Lacik as CEO of Pandora. Alexander is a strong match for our recently announced strategic direction and will be instrumental in executing Programme NOW. Alexander is a brilliant marketer and brand architect and has throughout his career shown himself as a great leader and a highly effective executor. His skills and experience will be key to revitalising the Pandora brand.”

    “I am honoured and excited to join Pandora. Pandora is an incredible company that has grown to be the world’s largest jewellery brand at unprecedented speed. I am encouraged by the current direction with a strong focus on brand reignition to restore growth. These are business aspects that I am particularly passionate about, and I look forward to joining and supporting the management team in the execution of Programme NOW”, says Alexander Lacik.

    Following the appointment, The Executive Management team of Pandora will consist of Alexander Lacik (CEO), Anders Boyer (CFO) and Jeremy Schwartz (COO). Until Lacik joins, the joint leadership of Anders Boyer and Jeremy Schwartz will continue unchanged.

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  • Apple appoints new retail head to ramp up sales

    Apple appoints new retail head to ramp up sales

    In an effort to ramp up slow iPhone sales amid sluggish smartphone market, Apple on Wednesday appointed a new head of global retail and online stores. Deirdre O’Brien will take over as Senior Vice President of Retail and People, reporting to CEO Tim Cook, the company said in a statement. “For more than three decades, she has helped keep Apple focused on serving customers and enriching lives,” said Cook.

    “I am thrilled to work alongside Deirdre in her new role, and I know our 70,000 retail employees will be, too,” he added.

    After five years, current retail head Angela Ahrendts plans to depart Apple in April for “personal and professional pursuits”.

    O’Brien will continue to lead the People team, overseeing all People-related functions, including talent development and Apple University, recruiting, employee relations and experience, business partnership, benefits, compensation, and inclusion and diversity.

    “I am looking forward to this journey, and to continuing the important work of the People team in supporting all of Apple’s amazing employees,” said O’Brien.

    Despite slow iPhone sales, Apple posted $84.3 billion in revenue for the first quarter of its fiscal 2019 — a decline of 5 per cent from the year-ago quarter — while revenue from its other products and services grew 19 per cent.

    Apple operates 35 online stores and 506 retail stores in five continents.

    In the first quarter of its fiscal 2019, revenue from iPhone declined 15 per cent from the prior year.

    Cook said that there are several factors why iPhone sales are not picking up in the emerging markets.

    “The customers are holding on to their older iPhones a bit longer than in the past.

    “When you pair this with the macroeconomic factors, particularly in emerging markets, it resulted in iPhone revenue that was down 15 per cent from last year,” Cook told analysts.

    The Apple CEO said foreign exchange is another key factor behind the slow iPhone sales. “The relative strength of the US dollar has made our products more expensive in many parts of the world,” he added.

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  • Li & Fung appoints Joseph Phi as new group president

    Li & Fung appoints Joseph Phi as new group president

    Li & Fung has appointed Joseph Phi as the company’s Group President. As Group President, Joseph will lead the company’s Supply Chain Solutions operating groups, including Business Development. He will continue as President, LF Logistics and to serve on the Board of Directors of Li & Fung. He will report to Spencer Fung, Group CEO.

    Joseph has a strong track record at tLFhe company having organically grown its logistics business over the past decade. He has nearly 20 years’ experience with the company and is well positioned to assume this important leadership role.

    Joseph joined Li & Fung in 1999 and was previously executive director of Integrated Distribution Services Group Limited from 2004 until its acquisition by Li & Fung in 2011. He is Chairman of GS1 Hong Kong and a Director of its Management Board and is a Member of Supply Chain 50.

    He is an advisory committee member of Hong Kong Trade Development Council’s Logistics Services and honorary advisor of the Asian Logistics and Maritime Conference. He also serves as an advisory committee member of Eye Fund, a charitable institution in HK.

    Joseph graduated magna cum laude from the University of The Philippines (UP) with a Bachelor of Science degree in Industrial Engineering and attained a Master of Business Administration degree with top honors also from the same university.

    He is a 2011 recipient of UP College of Business Administration Distinguished Alumnus Award and 2013 recipient of UP Industrial Engineering Alumni Award and UP Alumni Engineers Global Achievement Award for Logistics. Between 2014 and 2018, he was an Adjunct Professor in the School of Business and Management at The Hong Kong University of Science and Technology.

    Joseph takes over from Marc Compagnon, who served as Group President and Executive Director of Li & Fung Limited from July 2014 and has moved to the Fung Group as Senior Advisor while remaining on the Board of Li & Fung Limited as a Non-Executive Director.

    Fung Group is the major shareholder of Li & Fung, whose core businesses operate across the entire global supply chain for consumer goods including sourcing, logistics, distribution and retail.

    Spencer Fung, CEO of Li & Fung said, “Our goal is to build the supply chain of the future to help our customers navigate the digital economy and to improve the lives of one billion people in the supply chain, and I am confident Joseph is the right person to build on the solid foundation that Marc has built and to take this to the next stage of development.”

  • Alan Liis the new president of CBRE China

    Alan Liis the new president of CBRE China

    CBRE, the worldwide commercial real estate services and investment firm, recently announced the appointment of Alan Li as President, CBRE China, effective immediately. Alan will be responsible for CBRE’s advisory services across business lines in China, including Advisory and Transaction Services, Capital Markets, Asset Services, and Valuation and Advisory Services.

    Based in Shanghai, Alan will report to Ben Duncan, President of North Asia.

    To the newly created role, Alan brings approximately 18 years of professional experience in the China commercial real estate industry.

    He joined CBRE in 2015 and since this time has served as Managing Director of Capital Markets for Greater China.

    “The future of our brand in China will increasingly rely on our ability to further localize our business and solution offering to clients.” said Duncan.

    Alan is a member of Royal Institution of Chartered Surveyors (RICS) and a registered real estate broker. He is also a member of All-China Youth Federation and the standing committee of Shanghai Youth Federation, and Vice President of Shanghai Foreign-Invested Enterprises Youth Talent Association. He holds an MBA from Fudan University.

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  • Vietjet CEO climbs Forbes list of World’s Most Powerful Women

    Vietjet CEO climbs Forbes list of World’s Most Powerful Women

    Nguyen Thi Phuong Thao has been named the 44th most powerful woman in the world by Forbes, up 11 places from last year. Thao is the only Vietnamese to make the magazine’s list of 100 most powerful women this year. Forbes estimated the CEO of budget carrier Vietjet Air and the richest woman in Vietnam to have a net worth of around $2.6 billion.

    Forbes compiles the list based on assets, impact, spheres of influence, media presence, and social media power.

    Thao has extensive experience in doing business in Vietnam and abroad in multiple fields such as finance, banking, aviation, real estate, and retail.

    She launched Vietjet in 2011. The airline leads the domestic market with a 45 percent share. It operates 385 flights daily within Vietnam and to Japan, Hong Kong, South Korea, Taiwan, Singapore, mainland China, Thailand, Myanmar, and Malaysia.

    Thao also has interests in banking and real estate, which includes owning three beach resorts.

    Topping the list of the most powerful women in the world, for an astonishing eighth year, was German Chancellor Angela Merkel.

    She was followed by British Prime Minister Theresa May, former U.S. Federal Reserve Chairwoman Janet Yellen and General Motors CEO Mary Barra.

    The list comprises business leaders, politicians, investors, scientists, philanthropists, and people who are finding solutions to the world’s most difficult problems or have the most global impact.

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  • New president for Issey Miyake appointed

    New president for Issey Miyake appointed

    Japanese luxury label Issey Miyake has appointed a new company president, following the internal promotion of Takahiko Ise to the top spot. Previously the fashion brand’s head of production, Ise replaces former president Masakatsu Nagatani, who will remain in the company as an advisor.

    The change over was effective since October 1, according to Japanese media reports.

    Ise came to work for Issey Miyake in the early eighties and has continued to establish a flourishing career in planning and production.

    The fashion veteran spent the past 30-plus years working across Issey Miyake lines such as Pleats Please Issey Miyake, Me Issey Miyake, Homme Plissé Issey Miyake and Bao Bao Issey Miyake.

    Ise’s promotion, which coincides with the appointments of Koji Usui and Keisuke Harukiya as managing directors, signals a shift in focus for Issey Miyake.

    The Tokyo-based label, renowned for its experimentation with fabrics and textile innovation, remains focused on technology to an even sharper degree moving forward, with strategies set on innovation, new technology and proprietary techniques.

    Founded by Hiriohima-born Issey Miyake in 1971,the company’s overall creative direction has been led by designer Yoshiyuki Miyamae and his team since 2012.

    Issey Miyake has approximately ten flagship stores globally, with three in its local Tokyo (Shibuya, Chuo and Minato), as well as a store in Osaka and one in Hyogo.

    International stores can be found in Paris, London, New York and Milan and Zurich.

  • Kanebo Cosmetics President plan to depart

    Kanebo Cosmetics President plan to depart

    Kanebo Cosmetics announced that Masumi Natsusaka, the company’s President, is scheduled to leave his post at the end of the year.

    Natsusaka has served in the role of the president of Kanebo since 2012, and is credited for orchestrating the brand’s recall of 50 products due to white splotches reported on the skin of customers, caused by Rhododenol. Following this, Natsusaka also made improvements to the company’s customer response bureau.

    In addition, Kanebo said Natsusaka’s successor, Yoshihiro Murakam, is planned to start in the head role, effective January 1, 2018.

    Natsusaka joined Kao Corp. in 1986, the owner of Kanebo since 2006, and previously served as president of its global skincare business. He is a graduate of Tokyto’s Rikkyo University.

    Kanebo has been strengthening its global reach and product portfolio in recent seasons. In 2016, the Japanese brand launched a namesake luxury skincare line and high-end cosmetic collection in its domestic market.

    More recently, Kanebo brought the same line to the European market in September 2017. In addition to the new brand, it also revealed its prestige line Sensai in Europe, the Middle East and South Africa.

    Looking ahead, Kanebo Cosmetics aims to bring its new line of skincare products to China in 2020. Kanebo hopes its namesake brand will become a pillar of global operations and is aiming for 30 billion yen ($264 million) in annual sales by 2020.

    In China, the brand already offers midrange products under its Kate, freeplus and other brands, priced at around 1,000 yen to 3,500 yen per item. Kanebo-branded products will be priced higher than those brands, and sales are said to begin in major cities such as Shanghai before being expanded across the country.

    For the year ending December 31, Kao Corp.’s net profit grew 20.3 percent to 126.55 billion yen ($1.17 billion). Net sales for the same period declined 1.1 percent to 1.46 trillion yen. Hindered by currency exchanges, yearly sales would have increased by 3.2 percent.

  • Bank Rakyat appoints new MD and president

    Bank Rakyat appoints new MD and president

    Former Affin Bank group CEO and managing director Datuk Zulkiflee Abbas Abdul Hamid has been appointed Bank Rakyat’s managing director and president effective since yesterday.

    Zulkiflee, who has also served on the board of directors of Maybank Islamic, held the role of group CEO and managing director of Affin Bank from 2009 to 2015.

    On his plans for Bank Rakyat, Zulklifee said:“Give me a chance to explore what is available in Bank Rakyat. I might be able to provide a more comprehensive action plan after that as I have just begun my role as managing director and president of Bank Rakyat

    “I have large shoes to fill, but it is not an impossible task. With the team that I have, I should be able to come up with something soon,” he said.

    Zulkiflee has served on a number of industry committees, including as council member of the Association of Banks Malaysia as well as chairman of the audit committee of Malaysian Electronic Payment System or MEPS.

    He holds a Master in Business Administration and a Bachelor of Science in Marketing, both from Southern Illinois University, in the United States.

    Zulkiflee has served as advisory council member of the Insaniah Global Centre for Islamic Banking and Finance, member of the board of trustees of Yayasan Budiman UiTM, as well as treasurer of Tabung Pendidikan 1 Bilion.

    Bank Rakyat chairman Tan Sri Shukry Mohd Salleh said that the bank is looking forward to capitalising on Zulkiflee’s vast experience in the field of credit management, enterprise banking and corporate banking to grow the bank as an Islamic cooperative bank.

    Meanwhile, Bank Rakyat chief retail banking officer Mohd Shahril Isa has clarified that Bank Rakyat’s memorandum of understanding (MoU) signed with Bank Rakyat Indonesia (BRI) in February was only for the expansion of its remittance services.

    “The MoU is for cooperation works, not a merger.

    “We are not going to open a new business in Indonesia.

    “Instead, we are only expanding our remittance services to Indonesia by using BRI as our platform as BRI has a large network covering all the islands there,” said Shahril.

    Bank Rakyat’s remittance services in Indonesia will begin in the second or third quarter of the year.

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  • President Jokowi receives Toyota Motor executives

    President Jokowi receives Toyota Motor executives

    President Joko Widodo (Jokowi) received Toyota Motor Corporation executives led by the companys president, Akio Toyoda, at Merdeka State Palace here on Monday.

    “In 2015, Jokowi visited Toyota in Japan, and today we have presented a report on the several commitments of Toyota in Indonesia,” PT Toyota Motor Manufacturing Indonesias (TMMIN) deputy president director Warih Andang Tjahjono said after the meeting.

    He stated that Toyota has expressed its commitment to continue to participate and contribute to the development of automotive industry in Indonesia through investment, exports, manpower, and human resource development.

    Tjahjono was introduced to the president as the new president director of TMMIN. He would replace Masahiro Nonami starting from April 1, 2017.

    Warih would be the first local person to be in the top position of the affiliation company of Toyota Manufacturing in the Asia-Pacific region.

    Nonami, who had held the post as TMMIN president director since 2010, would take over a new position in TMMIN.

    The meeting between the president and Toyota Motor Corporation executives lasted around 30 minutes from 9.35am to 10.15am

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