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Tag: successor

HDFC to tap Egon Zehnder to identify Aditya Puri’s successor

HDFC to tap Egon Zehnder to identify Aditya Puri’s successor

Finance
MUMBAI: India's HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to managing director Aditya Puri, four sources familiar with the matter said, as its board seeks to end an impasse and zero in on a candidate. The board's decision to recruit a global head-hunting firm comes as a six-member internal search committee, appointed in November last year, has not been able to reach a consensus on selecting a successor to Puri, who has been at the helm of the country's largest private lender since its inception in 1994. Puri, whose term comes to an end in October this year, is also an advisor to the search committee tasked with identifying a suitable candidate. "The latest decision to hire a global advisory firm has been taken after the search committee members rea...
Bradford City sack Michael Collins and confirm they will announce successor by Tuesday

Bradford City sack Michael Collins and confirm they will announce successor by Tuesday

Sports
SACKED The League One side have sacked their former youth coach after just seven games Michael Collins has been sacked by Bradford City just seven games into his reign with the Bantams. In a shock move, the club have announced in a statement they would reveal his successor as soon as Tuesday. Collins sacked by Bradford, who could announce a successor on Tuesday (image courtesy of bradfordcityfc.co.uk) The 32-year-old only took charge of the League One club in the summer but was let get go after Saturday’s 2-1 defeat at Fleetwood. Collins was promoted from his position as a youth team coach to replace Simon Grayson as Bantams boss in June. His reign started with a 1-0 win at Shrewsbury but the Bantams lost four of their next five league ...
Bitter Mugabe refuses to back successor in poll

Bitter Mugabe refuses to back successor in poll

World
Zimbabwe's former leader Robert Mugabe has refused to back his successor just a day before the country's historic Monday vote. Mr Mugabe addressed the nation for the first time since stepping down in November and declared that "I will not vote for those who have illegally taken power."Referring to current president Emmerson Mnangagwa, who took office with the military's support, the 94-year-old told reporters on Sunday: "I cannot vote for those who have tormented me." Image: Grace Mugabe had been poised to take over from her husband before he was ousted Mr Mugabe gave a slow and rambling address that at times betrayed his lingering bitterness and anger over his dramatic removal under military pressure and amid a ruling...
Zimbabwe's Mnangagwa to return as Mugabe's likely successor

Zimbabwe's Mnangagwa to return as Mugabe's likely successor

World
Media playback is unsupported on your deviceZimbabwe's former vice-president, whose sacking led to the shock resignation of long-time leader Robert Mugabe, will be sworn in as the new president on Friday, the state broadcaster says.Emmerson Mnangagwa, who fled to South Africa two weeks ago, would also fly home on Wednesday, it added.His dismissal led the ruling party and the military to intervene and force an end to Mr Mugabe's 37-year long rule.The news sparked wild celebrations across the country late into the night.The announcement that the 93-year-old was stepping down came in the form of a letter read out in parliament on Wednesday, abruptly halting impeachment proceedings against him.In it, Mr Mugabe said he was resigning to allow a smooth and peaceful transfer of power, and that his...