Keywords: Corporate governance


MPS proposes CEO change to strengthen governance and internal cooperation

Monte dei Paschi di Siena (MPS), one of Italy’s oldest financial institutions, has announced plans to propose a change in its leadership as part of efforts to improve internal coordination and governance. The decision comes ahead of a key shareholders’ meeting scheduled for mid-April, where......

Italian watchdog validates all board nominations at Monte dei Paschi

Italy’s financial markets regulator has reportedly confirmed the legitimacy of all candidate lists submitted for the upcoming board renewal at Banca Monte dei Paschi di Siena, according to a source familiar with the matter. The decision by Commissione Nazionale per le Società e la Borsa......

Indian regulator reviews HDFC Bank Chairman’s resignation letter

India’s market regulator has initiated a preliminary review of former HDFC Bank chairman Atanu Chakraborty’s resignation letter to assess potential violations of rules governing directors of listed companies, according to sources familiar with the matter. In his letter, Chakraborty cited......

Airtel Africa appoints Gopal Vittal as new chair in leadership transition

Telecommunications group Airtel Africa has announced a leadership transition, with Gopal Vittal set to become the company’s new chair. He will succeed Sunil Bharti Mittal, who is expected to step down from the role in July. The appointment marks a strategic shift for the London-listed company......

Monte dei Paschi faces governance tensions as CEO role comes under scrutiny

Italy’s historic lender Monte dei Paschi di Siena is facing renewed governance tensions as its board prepares to review the leadership position of Chief Executive Officer Luigi Lovaglio. The situation has emerged ahead of a key shareholder meeting scheduled for mid-April, where decisions regarding......

Lululemon forecasts lower revenue and profit amid board turmoil and competition

Lululemon Athletica on Tuesday projected annual revenue and profit slightly below Wall Street expectations, reflecting ongoing challenges in a competitive market and internal governance issues. The announcement comes amid a period of leadership change and strategic uncertainty for the company. Lululemon......

Engie ends role of French diplomat Fabrice Aidan amid Epstein document revelations

The French energy group Engie has announced the termination of its collaboration with French diplomat Fabrice Aidan after his name appeared in documents connected to the network of the late financier Jeffrey Epstein. According to statements provided to media outlets, the company confirmed that it had......

Italy seeks talks with Pirelli investors amid dispute over Chinese influence

The Italian government is preparing to hold discussions with representatives of Pirelli and its major investors as authorities examine concerns surrounding foreign influence within one of the country’s most prominent industrial groups. According to officials familiar with the matter, the talks......

Johan Elbaz joins the Board of Directors of Forafric Global

Johan Elbaz, the current Deputy Chief Executive Officer of Forafric Morocco, has been appointed to the Board of Directors of Forafric Global PLC, a multinational company active in the sourcing, storage, transportation, processing and distribution of agricultural commodities. The company announced that......