Tata Steel board appoints Noel Naval Tata as vice-chairman
The Tata Steel board has approved the appointment of Noel Naval Tata as the additional director. In the new role, he has been designated as vice-chairman. According to a report carried out by Business Standard, the company received recommendations of the board of directors at its meeting about the appointment of Noel Naval Tata as an additional director (non-executive, non-independent) effective March 28, 2022.
FedEx CEO Frederick Smith to step down; Raj Subramaniam named new CEO
FedEx Corporation has announced that founder, chairman, and CEO Frederick W. Smith will be stepping back from the CEO role as of 1 June 2022. Smith, now aged 77, will become Executive Chairman instead, overseeing board governance and global issues. Raj Subramaniam, President and Chief Operating Officer, will take the helm in Smith's place. He has been named CEO-elect with immediate effect and will officially take the full role on 1 June. The COO role will not be backfilled, but the company has not disclosed any further plans for that position.
Ola appoints Georgina Owens to strengthen UK Board
Ola, one of the world’s leading mobility companies, today announced that Georgina Owens will join the Ola UK board as an independent non-executive director. Owens brings decades of senior technology and IT leadership experience from high-growth and major established businesses across multiple sectors. She will bring her significant expertise and provide corporate governance and strategic guidance as Ola continues to build world class technology and invest significantly into R&D.
ILO elects former Prime Minister of Togo as new Director-General
The International Labour Organization has elected Gilbert F. Houngbo, the former Prime Minister of Togo, as its 11th Director-General, to take office in October this year. He will be the first African to take the post. Houngbo is currently President of the International Fund for Agricultural Development (IFAD), a position he has held since 2017. He served as Prime Minister of Togo from 2008-2012, in the period after the massive internal conflict over the 2005 Togolese presidential election, and oversaw the extensive economic, political, and social reforms that followed. After concluding his term, he joined the International Labour Office, the ILO's permanent secretariat, as Deputy Director-General, before moving on to IFAD.