Pan-American Life Insurance Company acquires Encova Life

Encova Mutual Insurance Group (“Encova Insurance”) and Pan American Life Insurance Company (“PALIC”) announced yesterday that Encova Life Insurance Company (“Encova Life”), an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into PALIC. “We have had strong success in our property and casualty operations as evidenced by our recent AM […]
Josephine Moran to succeed Kathy Underwood as the CEO of Ledyard Bank

Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on […]
Newmont designates Karyn Ovelmen as Executive VP and CFO

Newmont Corporation yesterday announced the appointment of Karyn Ovelmen as Executive Vice President and Chief Financial Officer. Karyn Ovelmen is a highly experienced financial professional who will focus on financial discipline and maintaining a robust and flexible balance sheet to support Newmont’s capital allocation strategy. Karyn will be responsible for Newmont’s Global Finance Functions and […]
BankUnited welcomes Dr. Germaine Smith-Baugh to its Board of Directors

BankUnited Inc. yesterday announced the election of Germaine Smith-Baugh, Ed.D. to its Board of Directors. “Dr. Baugh has more than 25 years of experience in executive leadership, non-profit management, board governance and financial administration,” said Rajinder P. Singh, BankUnited President, Chairman and CEO. “We have collaborated with her in her capacity as President and CEO […]
Persistent Systems appoints Gurvinder Sahni as Chief Marketing Officer

Persistent Systems (BSE:PERSISTENT) (NSE: PERSISTENT) recently announced the appointment of Gurvinder Sahni as Chief Marketing Officer. In this role, he will be responsible for leading and setting the strategic vision for Persistent’s global marketing team. Gurvinder joins Persistent with extensive experience in global enterprise marketing transformation. He joins the Company after 20 years at Wipro Ltd., spanning various leadership […]
ORA raises USD 10Mln Series A to modernize healthcare

Singaporean telehealth platform ORA has raised $10 million USD in Series A funding. This is the largest telehealth Series A in South-East Asia and was co-led by TNB Aura and Antler with participation from Gobi Partners, Kairous Capital, and GMA Ventures, bringing total funding to date above $17 million USD. ORA is the fastest-growing and […]
Zebra Technologies welcomes Satish Dhanasekaran to the Board of Directors

Zebra Technologies Corporation, a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, announced the Board has elected Satish Dhanasekaran to the company’s Board of Directors, effective May 11, 2023. Dhanasekaran will join the Board’s Compensation Committee. In May 2022, Dhanasekaran became the President and CEO of Keysight Technologies, a leading […]
HKTDC partners Dun & Bradstreet to help SMEs, start-ups and MSMEs

The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises (“SMEs”), start-ups, and Micro-, Small and Medium-sized Enterprises (“MSMEs”) with green transformation by offering a comprehensive range of quality ESG registered services, namely D&B ESG Registered(TM). As a leading global provider […]
Lincoln Financial Group appoints Andrew D. Rallis as Chief Risk Officer

Lincoln Financial Group (NYSE: LNC) recently announced that Andrew Rallis will join the company on May 15, 2023 as Executive Vice President, Chief Risk Officer. Rallis will have independent oversight of all forms of risk across the company – including market risk, asset-liability management risk, investment and credit risk, product and insurance risk, operational risk […]
Edge Tutor International spins off from Edukasyon

Edge Tutor International, Inc. announces its spin-off from Edukasyon, with Henry Motte-Muñoz serving as its CEO. Edge Tutor International — or simply Edge Tutor — started in early 2022 as one of the product offerings of Edukasyon with the goal of addressing the learning gap experienced by students in the Philippines. Edge Tutor was originally […]