World
Carlyle announced last week that Lee would step down as CEO without a replacement lined up.
Indonesian MSME enabler Majoo raises $10m in Series A funding
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
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Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
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JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
India
He started dabbling in stocks as a teenager and managed stock trading firm RARE Enterprises.
Singapore
Xie has been Singapore country head since March 2021 after joining Funding Societies in March 2018.
Greater China
Yu was most recently chairman of the board at Nomura Orient International Securities
He replaces Antony Shaw who was named the CEO of HSBC Australia two weeks ago.
Lee has also stepped down as a board member
Vietnam
VinFast, a unit of Vietnam’s Vingroup, currently employs 6,000 people.
He was most recently with Barclays in Singapore
The Swiss bank is expected to finalise plans over the next couple of months
Natalya Ischenko will be the new CEO of Robocash
