Hans Dieter Poetsch, the incoming chairman of Volkswagen (VW, sees the scandal around the rigging of emissions tests as a threat to the firm's viability albeit a surmountable one, a newspaper quoted him as saying.
At an intern
The chairman of Juhayna, Egypt's largest dairy products and juices producer, has been barred from trading on the Cairo bourse and his shares have been frozen, two stock market sources familiar with the matter said on Thursday.
Barclays may not pick its next chief executive until early next year, potentially leaving new chairman John McFarlane in charge for at least eight months.
McFarlane fired Antony Jenkins as chief executive on Wednesday (July 8) and
Deloitte Touche Tohmatsu (Deloitte Global) has appointed David Cruickshank as its new global chairman.
He was previously the chairman of Deloitte UK from 2007 to 2015 and is succeeding Steve Almond, who recently retired after serv
Smartworld, an Etisalat and Dubai World Central joint venture company, has appointed Saeed Al Dhaheri as its new chairman.
Al Dhaheri, a former IT advisor to the UAE Ministry of Foreign Affairs and also former director general of
Wal-Mart Stores named vice-chairman Greg Penner as its new chairman, replacing his father-in-law Rob Walton and cementing the founding family's influence over the retailer's board.
Penner, 45, has been on the retailer'
Kuwait's Al Kharafi Group, the firm run by one of the Gulf state's most prominent merchant families, has appointed Fawzi Al-Kharafi as chairman of the business to replace his brother Jassim, who passed away earlier this month.
Egypt's prime minister has appointed new government representatives to the board of state-owned landline monopoly Telecom Egypt, his office said in a statement on Wednesday.
The new board of the company will meet on Wednesday
Bahrain-based Investcorp, a leading alternative investment firm, has appointed Nemir Kirdar as the chairman of its board of directors, effective from July 1.
Kirdar will replace Abdul-Rahman Salim al-Ateeqi, who will retire as cha
Leading financial service provider Barclays has promoted Makram Azar to chairman of banking for Europe, Middle East, and Africa (EMEA).
In his expanded role, Makram will focus his efforts on strengthening senior client relations a