Gag order lifted on identity of undergrad who filmed voyeuristic videos of female friends

SINGAPORE - Chief Justice Sundaresh Menon on Friday (Sept 24) upheld a lower court decision to lift a gag order on the identity of a university student who had filmed voyeuristic videos of several women. Colin Chua Yi Jin, 23, had pleaded guilty on July 29 to seven counts of insulting the women's modesty and an offence under the Films Act. It was earlier reported the clips he recorded involved 11 women, whom he knew personally, and one unknown victim. He had filmed them mostly during gatherings at his home. On Friday, the Chief Justice said courts have the power to impose gag orders to protect victims - to prevent them from suffering further and so that victims are not afraid to come forward. Chua's lawyer had gone to the High Court to object to the gag order being lifted - but Chief Justice Menon described it as a hopeless application. The Chief Justice said: "A gag order has nothing to do with the benefit of accused persons." He noted Chua's victims spoke with one voice and had wanted his identity revealed for a variety of reasons. Last January, The Straits Times had reported the prosecution had said that 10 of the 12 women had requested Chua's identity be made known to the publi...

Facebook’s chief technology officer to step down in 2022

SAN FRANCISCO (NYTIMES, BLOOMBERG) - In a rare change to Facebook's top ranks, Mr Mike Schroepfer, chief technology officer and a long-time executive, plans to step down from his position next year, the company said on Wednesday (Sept 22). Mr Schroepfer, 46, who has worked at Facebook for more than 13 years, plans to transition into a newly created role as a senior fellow, which he said would allow him to focus on activities outside the company. He said he would spend more time with family and on personal philanthropic efforts while continuing to recruit and develop technical talent for Facebook. "This is a difficult decision because of how much I love Facebook and how excited I am about the future we are building together," Mr Schroepfer said in a post on his personal Facebook page. Apart from the departures of several top executives in 2018, chief executive Mark Zuckerberg has kept a tight circle of lieutenants around him for years. Chief operating officer Sheryl Sandberg has held her position since 2008. Mr Schroepfer's departure was announced as Facebook faces intense scrutiny for issues as varied as toxic speech, misinformation and privacy. The chief technology officer, who ha...

Me & My Money: Reaping returns over time rather than trying to time the market

There is a lot more to investing than just maximising returns, says finance executive Chuin Ting Weber, who looks at the process with a more analytical eye than most. "Money is like fire: It is a good servant but a cruel master, and like fire, it cannot be left alone," says Mrs Weber, chief executive and chief investment officer of fund manager MoneyOwl. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL

India/Singapore, July 14, 2021: KG Information Systems Private Limited (KGiSL), a global IT Products, Solutions, and Services provider, today announced the appointment of three banking leaders with impeccable leadership and track record, to support its growth and strategic vision. These senior finance professionals, with considerable expertise and a wealth of global banking experience, will significantly help in driving this critical phase of KGiSL's growth strategy of reaching INR 1000 crore turnover in the next three years.Shrinath Bolloju joins KGiSL as Chief Strategy Officer, Ramesh Nagesh as Chief Operating Officer, and Noor Hayati Ahmad as Senior Vice President & Country Head, KGiSL Singapore.Welcoming the three banking stalwarts, Dr. Ashok Bakthavathsalam, Managing Director, KGiSL said, "The addition of these three well-established, seasoned leaders to the existing vibrant leadership of KGiSL supports our vision and strategy to become a strong player in the BFSI segment, especially in the banking domain. Their experience will help the accelerated growth plan we have, for the next 3 years."Commenting on the new additions to the leadership team, Prassadh Shanmugam, Directo...

More firms appointing chief sustainability officers, creating dedicated teams

SINGAPORE - Few firms would have had executives focusing on sustainability five years ago, but they are becoming familiar faces now in the wake of a stronger push towards a more eco-friendly world. Firms across diverse sectors are appointing leaders and teams to help the enterprise mitigate climate-related risks while guiding it into greener pastures. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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AVIA appoints Celeste Campbell-Pitt as its new Chief Policy Officer for the region

SINGAPORE, Apr 30, 2021 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association (AVIA) has appointed a new Chief Policy Officer to be based in its Singapore office, a first for the role.Celeste Campbell-Pitt joins AVIA on Monday 3rd May, initially joining Chief Policy Officer John Medeiros, who will be retiring after a transition period. Medeiros, who is based in Hong Kong, and joined the Association then known as CASBAA, in 2005 as Vice President of Government Relations and Regulatory Affairs, has been Chief Policy Officer since 2013.A key focus of AVIA is to represent the combined positions of its members and engage in constructive dialogue with governments so they may better understand the curated video industry and foster an environment of support for the growth of the industry. The Chief Policy Officer spearheads this goal, developing and executing policy initiatives relevant to the video industry, in consultation with and on behalf of AVIA member companies.The role of the Chief Policy Officer has evolved over the years and has become a lot more critical as regulatory policies continue to develop alongside the sweeping changes the video industry has seen in re...

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CoinSmart Appoints Joe Tosti as Chief Compliance Officer

TORONTO, Apr 16, 2021 - (ACN Newswire via SEAPRWire.com) - CoinSmart, a Toronto-based cryptocurrency exchange, announced it has appointed Joe Tosti to the role of Chief Compliance Officer. Joe comes with over 20 years of experience in compliance, trading, operations and wealth planning, having worked with some of the largest public institutions in Canada.Joe's addition to the team follows the latest statement from the Ontario Securities Commission (OSC) announcing that crypto trading platforms must bring their operations as a dealer or marketplace into compliance with Ontario securities law. On March 31, CoinSmart submitted its application for registration as a dealer with the OSC and the securities regulatory authorities in all other provinces and territories of Canada. CoinSmart is also actively engaged in membership discussions with the Investment Industry Regulatory Organization of Canada (IIROC).As Chief Compliance Officer, Joe will provide regulatory oversight and guidance, playing a critical role in customer protection and ensuring customer financial safety. Prior to joining CoinSmart, he served as the Vice President of Compliance at CI Investments and Chief Compliance Offic...

Almost half of Shopify’s top execs to depart company: CEO

OTTAWA (REUTERS) - Three of e-commerce platform Shopify's seven top executives will be leaving the company in the coming months, chief executive officer and founder of Canada's most valuable company Tobi Lutke said in a blog post on Wednesday (April 14). The company's chief talent officer, chief legal officer and chief technology officer will all transition out of their roles, Mr Lutke said, adding that they have been "spectacular and deserve to take a bow." "Each one of them has their individual reasons but what was unanimous with all three was that this was the best for them and the best for Shopify," he said. The trio follow the departure of Craig Miller, chief product officer, in September. Mr Lutke took on the role in addition to CEO. Shopify, which provides infrastructure for online stores, has seen its valuation soar in the last year as many businesses went virtual during Covid-19 lockdowns. It has a market cap valuation of C$182.7 billion (S$195 billion), above Canada's top lender Royal Bank of Canada. It is Canada's biggest homegrown tech success story, founded in 2006 and supporting over one million businesses globally, according to the company. "We have a phenomenally st...

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MarketingPulse Online opens today

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - MarketingPulse Online, a two-day virtual conference organised by the Hong Kong Trade Development Council (HKTDC), opened today, bringing together more than 40 marketing and advertising experts from around the globe to share their creative strategies. They will also examine the latest marketing trends under the new normal and share success stories in the area of digital transformation.Margaret Fong, HKTDC Executive Director, said that with the pandemic reshaping global economies and accelerating digital transformation trends, this year's MarketingPulse will explore creative strategies under the new normal to help businesses overcome the challenges.MarketingPulse Online has brought together more than 40 marketing and advertising experts from around the globe to share their creative strategies and marketing expertise.Bryan Meehan, Executive Chair, Blue Bottle CoffeeUnder the theme "Marketing for GOOD", this year's MarketingPulse Online examines how companies are enhancing their branding strategies to engage consumers as part of the post-pandemic business recovery. The conference also focuses on digital transformation and the...

SLA appoints Frasers Hospitality Trust CEO as new chief, effective April 12

SINGAPORE - The Ministry of Law (MinLaw) on Wednesday (March 24) announced that it has appointed Mr Colin Low as the new chief executive of the Singapore Land Authority (SLA). The appointment will be effective April 12, 2021. He succeeds Mr Tan Boon Khai, who was appointed chief executive of JTC Corporation on Sept 1 last year. SLA's current deputy chief executive, Mr Simon Ong, will relinquish his appointment as acting chief executive on April 12. Mr Low, 44, has about two decades of experience in investment and corporate business development, where he covered the hospitality, retail and other real estate asset classes in the private sector, said MinLaw. He is currently the chief executive of Frasers Hospitality Trust, a hospitality real estate investment trust listed on the Singapore Exchange. Prior to this, he was head of hotel investment properties for Europe, the Middle East and Africa at London-based CBRE Hotels. Mr Low graduated with a Bachelor of Social Science (Honours) degree in economics from the National University of Singapore. In a statement on Wednesday, MinLaw said: "The Ministry of Law and SLA welcome Mr Low, and look forward to his leadership in SLA's ongoing work...

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Sword GRC to Enhance Product Roadmap, Grow Team, and Extend Global Reach With Multi-Million Pound Investment

Maidenhead, England, Jan 19, 2021 - (ACN Newswire) - Sword GRC, a provider of specialist risk, compliance and governance software and services, today announces significant financial investment from its parent organisation Sword Group. The funding underpins its programme of ongoing product research and development, involving the creation of 60 new software developer roles and will help accelerate the Company's growth trajectory.Nick joined Sword GRC in 2012 and has overall responsibility for all operational activities. Nick has over 25 years of industry experience having worked in senior roles at such companies as Computer Associates, SAP, and Lawson Software.Since its acquisition by Sword Group in 2013, Sword GRC has experienced year-on-year growth and enjoyed increasing demand for its products internationally. Over the first quarter of this year, it will actively strengthen its talent pool to support the next phase of its planned development.Nick Scully, Sword GRC Chief Executive Officer, said: "These are exciting times for all at Sword GRC. Over the past seven years the business has grown well organically, further paving the way for our expansion."Sword GRC hit its 2020 earnings ...

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Las Vegas Sands chief takes leave for cancer treatment

NEW YORK • Sheldon Adelson, the chairman and chief executive officer of Las Vegas Sands, which owns Singapore's Marina Bay Sands, is taking a leave of absence after resuming treatment for cancer. Mr Adelson had retained his executive role since the company revealed in 2019 that he had non-Hodgkin's lymphoma. Company president Robert Goldstein will take up Mr Adelson's duties as acting chairman and acting CEO, according to a statement on Thursday. Mr Adelson, 87, is the company's majority shareholder and one of the world's biggest gambling moguls, overseeing operations from the Las Vegas Strip to Macau to Singapore. He is a prominent donor to Republican politics in the United States, having backed outgoing President Donald Trump. The appointment is unlikely to cause changes in the group's strategic direction or operations at its Sands China arm, which is run by a local management team, according to gaming analyst D.S. Kim of JPMorgan Chase & Co. The impact on Sands' relations with Macau and Beijing "may be open for debate, but we similarly see no negative impact on its positioning in the market", Mr Kim wrote in a research note on Thursday. He said Mr Goldstein has long been in posi...

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Ng Teng Fong General Hospital gets new CEO

SINGAPORE - Ng Teng Fong General Hospital (NTFGH) announced on Tuesday (Dec 29) that it will be promoting Dr Quek Lit Sin to chief executive officer with effect from Jan 1. Dr Quek is currently the deputy chief executive of the hospital and will be replacing its founding CEO, Mr Foo Hee Jug, who had held the position for 11 years. Mr Foo will focus on and expand his current role at the group level as deputy chief executive of the National University Health System (NUHS). Professor Yeoh Khay Guan, chief executive of NUHS, said: "I wish to express our deepest appreciation to Mr Foo Hee Jug for his invaluable contribution and leadership. I look forward to (his) continuing contributions in his role as deputy chief executive, (where he will lead) the Group's digital and service transformation to achieve better efficiency and improve patient experience." He will continue to oversee the JurongHealth Campus with the chief executive of NTFGH reporting to him, said Prof Yeoh. The JurongHealth Campus comprises Jurong Community Hospital, Jurong Medical Centre and NTFGH. In 2015, Mr Foo and his team developed and built the 700-bed NTFGH and 400-bed Jurong Community Hospitalas Singapore's first ...

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Gold climbs to six-week high on US stimulus news

BENGALURU • Gold climbed to a six-week high yesterday, driven by news that United States congressional leaders had reached an agreement on a Covid-19 aid package, while lockdowns in Britain soured appetite for riskier assets and added to the metal's support. Spot gold rose 0.9 per cent to US$1,896.56 an ounce by 0745 GMT, having earlier hit its highest since Nov 9 at US$1,906.46. US gold futures gained 0.8 per cent to US$1,904.20. The US$900 billion (S$1.2 trillion) stimulus deal reached on Sunday comes as the pandemic accelerates, infecting more than 214,000 people in the US each day. "Now that we've got fiscal stimulus behind us, gold has enough momentum to close above US$1,900 by year end and it could climb up to US$1,925," said Axi chief global market strategist Stephen Innes, adding that dovish central bank policies signalled last week were also supportive. The Fed last week vowed to keep funnelling cash into financial markets and keep rates low until a US economic recovery is secure. Aiding gold, Asian stocks slipped as Britain's Health Minister suggested tighter curbs in London and south-east England might stay for some time to counter a new coronavirus strain. Gold has once...

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Petraco Appoints Alberto Salsiccia As Chief Financial Officer

LUGANO, CH, Nov 26, 2020 - (ACN Newswire) - The Petraco Group has appointed a new Chief Financial Officer, Mr. Alberto Salsiccia. He will take on his predecessor's position with a desire to maintain the Group's strong presence in commodities trading as well as the company's commitment to meet global energy demand while promoting a sustainable and low carbon future. Prior to joining Petraco, Alberto Salsiccia served as a consultant for PwC Milan and EY Zurich in the areas of Banking and Capital Markets. A spokesperson for Petraco stated "We are thrilled with Alberto's appointment. He is incredibly well-prepared to lead the financial aspects of our business and will undoubtedly bring enthusiasm and passion to his role". Many commodity trading houses, like the Petraco Group, have well-established financial departments which maintain relationships with financial stakeholders. The nature of the physical trading business means a good rapport with banks is important.Highlighting the company's open door, collaborative and collegiate culture, Alberto said "Petraco is an incredibly friendly workplace, and I am thrilled to be heading their highly capable financial department. We are currently...

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Trintech Announces the Expansion of Its Executive Team with the Addition of a Chief Human Resources Officer

DALLAS, TX / ACCESSWIRE, Nov 25, 2020 - (ACN Newswire) - Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced the appointment of Felicia Taylor as Chief Human Resources Officer (CHRO) of Trintech. With a focus on our employees, Taylor will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, talent development and learning, business partnerships, organizational development and effectiveness, compensation and benefits, diversity, inclusion and belonging, and operations and systems."Businesses don't create value; people do. Our employees are the heart of our business, which is why I am thrilled to announce the addition of a CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Felicia's strong track record and rich experience in talent development and change management across international teams will help us to ensure we continue to build an agile culture of inclusivity and ...

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Virgin Australia to position itself as mid-market airline, new CEO says

SYDNEY (REUTERS) - Virgin Australia will position itself as a mid-market airline targeting around a one-third share of the domestic aviation market under the ownership of US private equity firm Bain Capital, the airline's new chief executive said on Wednesday (Nov 18). Virgin's shift from being a full-service carrier will mark the end of a decade-long arms race with Qantas Airways for corporate travellers involving lavish airport lounges, celebrity chefs and lie-flat business seats on longer domestic flights. "Australia already has a low-cost-carrier and a traditional full-service airline, and we won't be either," new Virgin Australia chief executive Jayne Hrdlicka said in a statement, in reference to Qantas and its low-cost offshoot Jetstar. "Virgin Australia will be a mid-market carrier appealing to customers who are after a great value airfare and better service." The country's second-biggest airline said it would introduce new on-board food purchase options in economy class but would retain business-class seats and airport lounges in major cities. It would also continue to include checked baggage in its economy-class fares. In-flight Wi-Fi and entertainment remains under review...

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Accounting Standards Council gets new chairman

Mr Quek See Tiat will become chairman of Singapore's Accounting Standards Council (ASC), while Mr Desmond Chin will join as a new member, starting tomorrow. Deputy Prime Minister Heng Swee Keat, who is also Finance Minister, made the appointments, the Ministry of Finance (MOF) announced in a press statement yesterday. Mr Quek, currently chairman-designate, will succeed Mr Kevin Kwok, who has helmed the council since November 2015. Under Mr Kwok's leadership, the ASC issued the Singapore Financial Reporting Standards (International) to achieve full convergence with the International Financial Reporting Standards for Singapore-listed issuers. Mr Quek is also the audit committee chairman on the board of the Monetary Authority of Singapore and the president of the Council for Estate Agencies. He also serves on the boards of Singapore Technologies Engineering, Temasek Foundation Connects and Singapore Press Holdings, which publishes The Straits Times and The Business Times, among other titles. Mr Quek was deputy chairman of PricewaterhouseCoopers until 2012, and had worked at the firm since 1987. MOF said Mr Quek has extensive audit and business advisory experience. He has been involved...