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2 months ago | 
ceoworld.biz | Anna Siampani
Transocean, the world’s largest offshore drilling company, announced on Tuesday that longtime CEO Jeremy Thigpen will transition into a new role as chairman of the company’s board. Thigpen, 50, has led Transocean since 2015, steering it through one of the most challenging downturns in the offshore drilling market. Under his leadership, the company survived a debt restructuring in 2020 and successfully acquired two major competitors, Songa Offshore and Ocean Rig.
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2 months ago | 
ceoworld.biz | Anna Siampani
Cyient has announced the appointment of Sukamal Banerjee as its Executive Director and Chief Executive Officer (CEO) for a five-year term, effective February 19, 2025. Alongside his new role, Banerjee will be designated as a key managerial personnel and will become part of the company’s senior management team. His appointment remains subject to shareholder and Central Government approval, where applicable.
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2 months ago | 
ceoworld.biz | Anna Siampani
Swiss senior executives are beginning 2025 with a positive outlook, with more than half (56%) expecting global economic growth over the next year, according to PwC’s Annual Global CEO Survey. Concerns about economic decline have significantly diminished, with only 20% of executives fearing a downturn—down from 52% in the previous year. The survey’s authors attributed this optimism to Switzerland’s economic resilience amid ongoing global uncertainties.
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2 months ago | 
ceoworld.biz | Anna Siampani
Indian online travel company EaseMyTrip underwent a significant leadership change at the start of the year when co-founder Nishant Pitti stepped down as CEO, citing personal reasons at the time. His brother, Rikant Pittie, who previously served as the company’s chief financial officer, assumed the role. In a recent earnings call, Nishant clarified that he remains actively involved in the company as chairman.
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2 months ago | 
ceoworld.biz | Anna Siampani
At a recent event in India, Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and the President and CEO of QatarEnergy, emphasized the necessity of a diversified and balanced global energy mix. He stressed that a “realistic energy transition” must consider each country’s economic growth strategies, energy needs, and environmental goals rather than adopting a one-size-fits-all approach.
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2 months ago | 
ceoworld.biz | Anna Siampani
Conservation International and the Pacific Community (SPC) have secured a transformative $107.4 million grant from the Green Climate Fund (GCF) to help 14 Pacific Island nations safeguard the economic and social benefits derived from tuna amid growing climate threats. This historic funding—one of the largest climate grants ever awarded in the region—has also attracted an additional $49.4 million in co-financing, bringing the total value of the program to $156.8 million.
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2 months ago | 
ceoworld.biz | Anna Siampani
Sun Life Malaysia has appointed Noor Azam bin Mohd Yusof as the chief executive officer of Sun Life Malaysia Takaful Berhad (SLMT), following the retirement of Jeffry Azmi. In his new role, Azam will oversee all aspects of the business, ensuring Syariah compliance and governance while driving the execution of SLMT’s business strategy. His leadership will be instrumental in sustaining growth and strengthening the company’s position as a leading bancatakaful provider in Malaysia.
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2 months ago | 
ceoworld.biz | Anna Siampani
Export-Import Bank of Malaysia Bhd (EXIM Bank) has announced the appointment of Nurbayu Kasim Chang as its new president and chief executive officer (CEO). Bringing over two decades of experience in structured corporate banking, Islamic finance, and development finance, Nurbayu has built a strong career in the financial sector. She first joined EXIM Bank as chief business officer (CBO) in January 2023 and later took on the role of acting president and CEO in February 2024.
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2 months ago | 
ceoworld.biz | Anna Siampani
Elon Musk’s social media platform, X, is reportedly in discussions with investors to secure additional funding at a $44 billion valuation—the same price Musk paid when he took the company private in 2022 and rebranded it. If successful, the fundraising effort would mark a significant turnaround for X and its early financial backers, which include prominent venture capital firms such as Andreessen Horowitz, Sequoia Capital, and the Qatari Investment Authority.
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2 months ago | 
ceoworld.biz | Anna Siampani
JapanStarting in April 2025, Tokyo will introduce a four-day workweek for government employees. Announced in December 2024, the initiative aims to address declining fertility rates, which stood at 1.2 in 2023, and combat karoshi—death by overwork. The program also seeks to improve gender balance in the workforce, as 55% of women participate in the labor market compared to 72% of men.
