Hancock bank corporate office

- A + A KUALA LUMPUR (May 24): KAF Investment Bank Bhd has appointed Rafiza Ghazali as the chief executive officer (CEO) designate in leading its Digital Islamic Bank. In a statement, the Malaysian financial services group said Rafiza will initially be joining KAF Investment Bank as part of the digital bank project team, pending the incorporation process of the digital bank entity. Deputy chief executive officer Thariq Usman Ahmad said the bank is pleased to have Rafiza to head its digital banking leadership team, given her wealth of experience in both the private and public sectors. “Her extensive foundation in banking as well as her involvement in innovation, particularly with the Malaysian financial technology community, will be a huge asset in the building of KAF's digital banking partnership platform,” he said. According to the statement, Rafiza has experience across the financial industry from Pengurusan Danaharta Nasional Bhd to RHB Investment Bank Bhd, … [Read more...] about KAF Investment Bank appoints Rafiza Ghazali as CEO designate for its Digital Islamic Bank

Share to Twitter Share to Linkedin Objectives and Key Results, otherwise known as OKRs was a management concept developed by Andy Grove, the Co-founder, and CEO of Intel. As one of the preeminent business thinkers of the 20th century, his idea was to demonstrate to operators how to recalibrate their organizations and develop a model that can promote continual growth. The OKR model provides a framework that defines what we are seeking to achieve while the key results provide organizations the how by emphasizing the primary goals with specific measurable actions. In this evolving business environment where concepts such as mental health are becoming more prominent in daily work culture, it should become more evident that leadership across the corporate enterprise embraces OKRs as a fundamental tool to help them navigate this uncharted territory. So, let us begin with some key questions that will help to uncover these areas to better articulate mental health … [Read more...] about Mindset Matters: The OKRs Of Mental Health And What Corporate Leaders Need To Know

Work at the former Hanjin shipbuilding facility at the Subic Bay Freeport will resume under its new operator and skilled workers, who were displaced when it closed down in 2017, have started getting their jobs back. (Contributed photo) SUBIC BAY FREEPORT — Officials of Subic Bay Metropolitan Authority (SBMA) have ensured a “smooth transition” in the former Hanjin shipyard, which went bankrupt in 2017, as some of the displaced workers of the facility have already been hired by the new operator. Rolen Paulino, chair and administrator of SBMA, on Monday (May 23) said the massive shipyard, now called Agila Subic, would house two tenants. One of the tenants, Vectrus, would be occupying most of the shipbuilding area of the facility, including the quays, Paulino said in a statement. Vectrus is a global service solutions provider to the United States government and across the world, which offers facility and base operations, supply chain and logistics services, information technology … [Read more...] about New operator of Subic shipyard hires displaced Hanjin workers

- A + A KUALA LUMPUR (May 24): Continuous selling in selected healthcare and financial services counters pulled Bursa Malaysia to end at intraday low on Tuesday (May 24), marking its fourth consecutive day of decline, in line with negative sentiment on regional bourses, dealers said. IHH Healthcare Bhd and Public Bank Bhd were among the top losers, falling 15 sen and four sen each to RM6.40 and RM4.50, respectively, contributing a total of 3.62 points to the loss in the composite index. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 11.23 points or 0.73% to end at its lowest level for the day of 1,531.3, from Monday’s close of 1,542.53, after hitting a high of 1,547.84 in the early morning session. The benchmark index, which opened 5.31 points higher at 1,547.84, remained in the negative territory for most part of the day. Market breadth was negative with decliners outpacing advancers 696 to 247, while 406 counters were unchanged, 950 untraded, and 11 … [Read more...] about Bursa Malaysia ends at intraday low on continued selling

Written and reported by Raquel “Rocky” Harris , with reporting from Jared Council T wo years after George Floyd’s tragic murder forced corporate America to confront its role in perpetuating racism, Black Americans were asked which institutions they trusted to push for change. They named nonprofit organizations, small businesses and even the government. Big business ranked dead last. Part of the reason is that expectations were set so high. Companies promised a lot in the wake of Floyd’s senseless killing by a white police officer and the national soul-searching that followed. Real change, however, came much more slowly than the promises. “In terms of scope of impact, companies and the U.S. government could do so much,” says Tyrance Billingsley II, founder and executive director of Black Tech Street , a national initiative that seeks to build tech ecosystems in Black communities by bridging resources and Black-owned tech companies. “I think it says something that … [Read more...] about We Asked Black Americans: How Safe Do You Feel Two Years After George Floyd’s Murder? Here Are Their Answers

Throwing my bags onto the airport security conveyor belt at New York City’s JFK Airport Terminal 4, I noticed that the woman in front of me was wearing a hat, jacket, and backpack all with the same company logo. I started talking with her as we waited our turn through the metal detector. I asked her about the company, and she excitedly told me about it and different roles she played there. That is powerful brand marketing—and it was free. Here is the funny part—she no longer even worked at that company. advertisement advertisement So much emphasis goes into employer branding and hiring. Employer branding is the reputation a company creates and reinforces through its marketing. It’s the image that compels people to apply for a job or take that recruiting call. There are entire marketing functions devoted to this, but when it comes to offboarding, it’s often difficult to find an HR employee who is available for that exit interview. While onboarding … [Read more...] about An effective way to recruit talent? Try to get your current workers to leave

A local woman looks at an apartment building damaged by a Russian military strike, as Russia's attack on Ukraine continues, in the town of Vuhledar, in Donetsk region, Ukraine May 22, 2022. Picture taken May 22, 2022. - A + A KYIV/SLOVYANSK, Ukraine (May 24): Russian forces were launching an all-out assault to encircle Ukrainian troops in twin cities straddling a river in eastern Ukraine on Tuesday, a battle which could determine the success or failure of Moscow's main campaign in the east. Exactly three months after Russian President Vladimir Putin invaded Ukraine, authorities in the second-largest city Kharkiv were expected to open the underground metro, where thousands of civilians had sheltered for months under relentless bombardment. The reopening is a symbol of Ukraine's biggest military success over the past few weeks: pushing Russian forces largely out of artillery range of Kharkiv, as they did from the capital Kyiv in March. But the decisive battles … [Read more...] about Russia launches all-out assault to encircle Ukraine troops in east

Vietnam 's VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle ( EV ) maker readies for a potential public listing and the first production run of cars for U.S. and European markets, its chief executive told Reuters . The three-year-old unit of conglomerate Vingroup JSC VIC.HM will start building its VF8 sport utility vehicle (SUV) next week, its own EV batteries in August, and a $4 billion U.S. factory by summer-end, Le Thi Thu Thuy said in an interview. VinFast has filed for an initial public offering (IPO) in the United States through a Singapore-based holding company - though market conditions might push the deal into 2023, Vingroup Chairman Pham Nhat Vuong said earlier this month. Thuy declined to comment about the IPO when asked, but said the company's EV expansion plans were not contingent on the listing. "Like any big corporate, we always consider all potential financing transactions," Thuy said. The CEO said she planned to … [Read more...] about Vietnam EV maker VinFast to shift HQ to Singapore ahead of first exports

Ritesh Agarwal, founder and chief executive officer of OYO Hotels & Homes, speaks at the SoftBank World 2019 event in Tokyo, Japan, on Thursday, July 18, 2019. (Bloomberg filepix) - A + A (May 24): Oyo Hotels, the once high-flying Indian startup, is shelving plans for an initial public offering in 2022 after a market downturn that would hurt its valuation, according to people familiar with the matter. The board of Oyo, formally known as Oravel Stays Ltd, talked through a change in the offering’s timing during multiple meetings last week and earlier this week after consulting with its bankers and investors, said the people, asking not to be identified because the decisions aren’t yet public. If the company picks up the process again by year end, the earliest possibility for an IPO would be in 2023, they said. The Gurgaon-headquartered company, which filed preliminary IPO documents last year, is seeking regulatory permission to update its draft prospectus with … [Read more...] about SoftBank-backed Oyo to shelve plans for IPO in 2022, sources say

- A + A KUALA LUMPUR (May 24): Malakoff Corp Bhd’s net profit for the first quarter ended March 31, 2022 (1QFY22) fell by 15.82% year-on-year (y-o-y) to RM50.88 million, from RM60.44 million. The lower net profit was due to lower contribution from Tanjung Bin Energy Sdn Bhd (TBE), resulting from the plant outage caused by low-pressure turbine blade failure, coupled with higher depreciation charges, according to the company’s filing with the bourse on Tuesday (May 24). As a result, earnings per share decreased to 1.04 sen, from 1.24 sen previously. In contrast, its quarterly revenue grew 39.42% to RM1.88 billion, from RM1.35 billion. The increase in revenue was primarily due to higher energy payments recorded from Tanjung Bin Power Sdn Bhd and TBE, given the higher Applicable Coal Price during the period under review. In a separate statement, Malakoff said its overseas investments achieved a share of profit totalling RM47.4 million, an increase of 70.5% from … [Read more...] about Malakoff’s 1Q net profit down 16% y-o-y, despite higher revenue