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Abstract:Executive moves that dominated the week's news.
Now halfway through the month of November, we are witnessing the effects upon the crypto industry from the collapse of FTX. However, the hiring in the forex, crypto and fintech industry still continues nonetheless. Lets review the executives that have taken on new roles and challenges in our executive moves roundup of the week.
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Visa (NYSE: V) has named Ryan McInerney as the new Chief Executive Officer, replacing Alfred Kelly, effective from 1 February 2023. Kelly, now also the company's Chairman, will become the Executive Chairman of Visa.
The appointment for the apex management role came with an internal promotion as McInerney will be elevated from his current position of President. He joined Visa in 2013 and is responsible for overseeing its financial institutions, acquirers, merchants and partners.
Damian McDowell has stepped down from the role of Chief Executive Officer at Union Standard International Group Limited (previously known as USGFX).
According to a Companies House filing, McDowells appointment as a Director of the United Kingdom-based company ended on Wednesday. It means he will no longer remain in the apex management role of the company.
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The Enforcement Directorate (ED) in Mumbai has attached assets worth around INR 131.45 crore. This included a luxury yacht and residential properties in Spain. Read this interesting story.
Oil prices stayed firm this week as the US labour department posted a better-than-expected payroll data in June 2025. Read this news in detail.
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