Latest news with #PiyushGupta
Business Times
3 days ago
- Business
- Business Times
Stocks to watch: IHH Healthcare, Keppel, Jardine Matheson, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 30). IHH Healthcare : The integrated healthcare operator on Thursday posted a 33 per cent fall in net profit to RM514 million (S$156.3 million) for its first quarter ended Mar 31, from RM768 million the year before. The drop came mainly from a lower net monetary gain from the application of MFRS 129, and the recognition of a deferred tax credit in 2024 arising from the revaluation of certain assets in Turkey, the mainboard-listed group said. Shares of IHH Healthcare closed flat at S$2.09 on Thursday, before the results were announced. Keppel : The company has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board, effective Jul 1. Gupta will also be appointed a member of the nominating committee, remuneration committee and the board sustainability and safety committee in July. Shares of Keppel closed at S$6.85, up S$0.06 or 0.9 per cent on Thursday, before the announcement. Jardine Matheson Holdings : The Hong Kong-based conglomerate on Thursday announced the appointment of Lincoln Pan as chief executive officer designate as group managing director John Witt retires from the company as at end-November. Pan, a partner and co-head of private equity at investment business PAG, will join to helm the group as CEO with effect from Dec 1. The counter ended on Thursday 2.2 per cent or S$1 higher at S$45.60. Cordlife : The company has appointed Novus Corporate Finance as the independent financial adviser for a voluntary conditional cash partial offer it has received from a Thai company, said the private cord-blood bank on Thursday. Medeze Treasury, a wholly owned subsidiary of Thai-listed stem cell company Medeze Group, had offered to buy a 10 per cent stake in Cordlife, or about 25.6 million shares, at S$0.25 apiece. Shares of Cordlife closed flat at S$0.27 on Thursday.
Time of India
3 days ago
- Business
- Time of India
Keppel Appoints Former DBS CEO Piyush Gupta as New Deputy Chairman, ETHRWorld
Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHRWorld App Get Realtime updates Save your favourite articles Scan to download App Singapore-based manager and asset operator Keppel said on Thursday it has appointed ex-DBS Group CEO Piyush Gupta as its deputy chairman , effective July left DBS, Southeast Asia's largest lender by assets, in March this year after serving as CEO for around 15 joining DBS, he was Citi's CEO for its Southeast Asia-Pacific will also be appointed as a non-executive independent director of the board along with the deputy chairman role, in addition to other committee his appointment, Keppel's board will comprise nine directors, of whom seven are independent directors, the firm added in its statement.(Reporting by Shivangi Lahiri in Bengaluru; Editing by Tasim Zahid)
CNA
4 days ago
- Business
- CNA
Piyush Gupta to join Keppel as deputy board chairman
SINGAPORE: Keppel has announced the appointment of Mr Piyush Gupta as deputy chairman and non-executive independent director of the board with effect from Jul 1. In a media release on Thursday (May 29), the company said Mr Gupta, 65, will also join as a member of its nominating committee, remuneration committee, as well as board sustainability and safety committee on the same date. Welcoming Mr Gupta, Keppel chairman Danny Teoh said: "Piyush is joining us at an exciting time in Keppel's journey and I am confident that his leadership and experience in driving business and digital transformation will be invaluable for Keppel as we accelerate our progress towards becoming a leading global asset manager and operator. "Piyush's strong track record is well-known, after successfully leading DBS for more than 15 years, and earning DBS international accolades such as the 'World's Best Bank' and the 'World's Best Digital Bank'," he added. Mr Gupta was CEO of DBS Group from November 2009 until his retirement in March this year, during which he led the bank to become a global financial powerhouse, Keppel said in the release. On his appointment, Mr Gupta said: "Keppel is an iconic Singapore institution, with a great history and track record. It is currently at an important threshold, as it reinvents itself as a global asset manager with strong operating capabilities. "I am excited about the possibilities, and look forward to contributing to this journey in the coming future," he added. Prior to DBS, Mr Gupta had 27 years of international banking experience and was also Citi's CEO for Southeast Asia-Pacific. He holds various other appointments, including as board member of the Ministry of Trade and Industry's The Future Economy Advisory Panel, board member of the Singapore National Research Foundation, chairman of the board of trustees of Singapore Management University and chairman of Mandai Park Holdings. Singapore-based Keppel is a global asset manager and operator in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity.
CNA
5 days ago
- Business
- CNA
Commentary: It wasn't Piyush Gupta. But it was very LinkedIn
SINGAPORE: Every day, millions of LinkedIn users post stories and photos, hoping to impress future bosses, recruiters and clients with their personal brand. After all, it is no longer enough to put up your resume on the world's largest professional network. Users are expected to regularly showcase their work achievements, societal impact and important people they know. But when does it go too far? On May 19, a LinkedIn post appeared under user Janney Hujic's name showing a photo of herself with a man tagged as former DBS CEO Piyush Gupta. The post claimed Ms Hujic had bumped into Mr Gupta at a cafe in Bali and they spoke for a few minutes. The post also claimed that Mr Gupta had praised the all-women expedition to Mongolia Ms Hujic was organising to raise funds for the Goh Chok Tong Enable Fund. Then, the real Mr Gupta commented in the LinkedIn post, 'Sorry to disillusion you. That isn't me!' It turned out the man is a 58-year-old teacher who lives in Bali. To make matters worse, SG Enable said that her company was not an authorised fundraiser for the Goh Chok Tong Enable Fund. LinkedIn users had a field day. Some criticised Ms Hujic and others posted photos of themselves with the real Mr Gupta. One user wrote: 'This is peak LinkedIn', alluding to the hubris and humblebragging that plague the platform. The post in question was left up for days before Ms Hujic's account was deleted on May 24. Ms Hujic has since alleged that the post , who demanded money to remove it. LINKEDIN TACTICS THAT MAKE ME WINCE But even before the facts came to light, I found the post cringe-inducing with dramatic sentences such as: 'What struck me wasn't just the legendary career - transforming DBS into a global digital banking leader - but the humility and presence with which he carried himself. No entourage. No airs. Just quiet conviction.' The post promoted the expedition by borrowing Mr Gupta's fame: 'He smiled and said, 'What an incredible opportunity - for women of any age - to step outside the office and into something truly meaningful.'' Do people speak like that? I get it. It is hard to stand out on a platform with over a billion users, including heavyweights like Bill Gates who has 38 million LinkedIn fans. But in the wanton pursuit of LinkedIn fame, many users resort to content tactics that beggar belief. For example, there are LinkedIn influencers who like to boast about making a lot of money. The pitch often goes like this: 'Here is how I went from US$100 to US$1 million in one year in my new online business'. Or 'You can become rich like me too, if you take up my course on how to become a LinkedIn content creator.' Initially, such posts can inspire awe and envy, especially for those new to LinkedIn. After a while, the same spiel appears too frequently and you realise these people often have little else to offer. Then, there are those who keep posting irrelevant selfies. LinkedIn's algorithm appears to boost our visibility when we put up photos of ourselves, but some users go overboard – all their posts contain well-photoshopped selfies, regardless of the content. We already encounter too many pointless selfies on Instagram and TikTok. Please don't do this to LinkedIn. Finally, there are the insensitive posts from people who survived a retrenchment exercise. Layoffs have become more common, and people are less shy to share how they have been retrenched. But it feels inappropriate when their unscathed colleague writes on LinkedIn about how sad they feel about the layoffs, what a loss of talent has occurred, and they promise to be a pillar of support for those who need it. In my opinion, if you are really sincere about helping your retrenched colleagues, you should reach out to them directly. NO SHORTCUTS IN PERSONAL BRANDING Despite all the cringey things that people do on LinkedIn, I am still a big advocate for the platform's benefits in providing job and business opportunities. It has helped me to land several jobs, and it is a constant source of learning. Personal branding is about creating authenticity and appeal, and you can do it without causing any facepalms. First, always write posts that offer value to your network. It is perfectly fine to post the accolades that you have garnered at work (as long as they are true!), but we don't get awards every week and you don't want every post to across as a brag. To have enough interesting content to keep engaging your network, strive to share valuable information and learnings - lifehacks, insights into solving particular problems, or the latest news that is relevant to your industry. Second, don't compare. It is too easy to feel pressured by what others do on LinkedIn. Whether it is taking wefies with famous people or showing photos from their latest stage appearances, this can turn into a game of one-upmanship. Rather than feel FOMO (the fear of missing out), focus on improving yourself and sharing what you have learned in the process. Or talk about the wins of your colleagues and friends – it is always better to praise others rather than yourself. Finally, spend more time networking instead of writing posts. While it is exciting to receive likes and positive comments on your LinkedIn posts, it is even better to connect with users directly and ask them out for coffee. LinkedIn started out in 2003 as a platform to connect businesspeople, but in recent years, it has evolved into a social media platform. Many users, including myself, probably spend too much time reading and writing posts when we should be building real-world relationships. So, if you see me in a cafe, let's have a real chat - no need to post a picture of us on LinkedIn. Ian Yong Hoe Tan is a strategic communication lecturer at the Wee Kim Wee School of Communication and Information, Nanyang Technological University. He has more than two decades of experience working in the media and technology industries. He is a LinkedIn Top Voice and has spent 15 years on the platform.
Independent Singapore
7 days ago
- Business
- Independent Singapore
Woman in LinkedIn post about meeting Piyush Gupta says her social media manager made up the story and demanded S$5K to take it down
SINGAPORE: A woman received a lot of attention after her May 20 LinkedIn post raving about a chance encounter with Piyush Gupta went viral , only for the former CEO of DBS Bank to chime in that it had been a case of mistaken identity. 'Sorry to disillusion you. That isn't me!' he wrote, referring to a photo that Janney Hujic, the founder of Impact-Driven Retreats & Expeditions, had put up. The following day, the man who had actually been in the photo, a 58-year-old Singaporean named Kumar H Subramaniam, set the record straight in comments on a Facebook post from Wake Up, Singapore. On May 22, a message from Ms Hujic's team was posted in the comments to say that she was on an expedition in Vietnam but would tell her side of the story when she returned. She spoke to 8World News, which on May 24 reported Ms Hujic as saying that her social media manager in the Philippines had put up the viral post without permission to generate traffic. The social media manager allegedly asked Ms Hujic for S$5,000 in return for taking down the post after changing the password so Ms Hujic would lose access to it. A screenshot of the alleged messages from the social media manager was shown on the 8World News report. One part says, 'Post has over 6k engagement. Pay me 5k SGD and I take down… When I get paid, I give you back access.' The infamous LinkedIn post was taken down on May 23, with Ms Hujic's partner allegedly paying the amount demanded. Ms Hujic said that she had hired her social media manager, who was supposed to receive S$1 for every like on LinkedIn and Instagram posts, in March. She added that she knew the man she took a photo with had not been Mr Gupta, but she shared it on a group chat with friends and on an Instagram post merely as a joke. The LinkedIn post was put up after she left for her Vietnam trip on May 19, and she did not realize what had happened until May 24. On another note, the post said that Ms Hujic had told 'Mr Gupta' about her upcoming all-women expedition in Mongolia to support the Goh Chok Tong Enable Fund. The fund wrote in another LinkedIn post that Ms Hujic and her company were not SG Enable's authorised fundraising partners, and it had not endorsed their fundraising campaign. Commenters have had a field day with the story, with some expressing doubts and raising questions about why Ms Hujic would need a social media manager to begin with, if they were really paid the rate she quoted, and whether she's not just doing damage control at this point. 'No one pays a social media manager a dollar per like,' one observed. 'The hole she digs gets deeper and deeper,' wrote another. 'Maybe the social media manager would come out and say, 'That manager is not me!'' quipped a Facebook user. Nevertheless, others pointed out that she's certainly increased her profile, with one writing, 'Good or bad, she sure has gotten tons of publicity on her now.' Others wondered why her partner, who had not been on the Vietnam trip with Ms Hujic, did not release a statement to clarify the matter, but instead chose to quietly pay the social media manager. 'Also, never heard of this feature called 'reset password' where they can use your registered email or your registered phone number to reset your password yourself? Or is it the social media manager also got access to her email and phone?' one added. A Reddit user called the whole saga 'The LinkedIn version of 'my dog did it'.' 'Just say sorry,' another suggested, while one wrote, 'This is getting more pathetic by the minute… just cut your losses, bide your time, and hope that in five to 10 years people mostly forget about it.' /TISG Read also: 'Real-world deepfake' — Woman thrilled at 'chance encounter' with ex-DBS chief Piyush Gupta, but turns out it isn't him
