Chief Executive

The South African firm overseeing state workers’ pensions is in crisis due to the suspension of its chief executive and the resignation of its chairman.

Over three years, the homeless housing nonprofit A Step to Freedom paid more than $1.7 million to two companies owned by its chief executive, according to a Times review of public and internal records.

The homeless housing nonprofit A Step to Freedom paid over $1.7 million to two companies owned by its chief executive over three years, according to a review of public and internal records.

Ocado's co-founder and CEO Tim Steiner will step down in 2028, remaining in the role until December 2027 before transitioning to a founder role for an additional year. The company aims to have a successor in place by the start of the 2028 financial year.

Zambia’s state-owned miner ZCCM aims to revive its London listing. The chief executive hopes to publish 2025 results and resume UK trading within two months.

Flybondi, Argentina’s first budget airline, is operating with nearly one aircraft in early June, its CEO has resigned after months in the role, and the company has reversed a prior plan to expand by purchasing new jets.

Beijing’s top official for Hong Kong affairs, Xia Baolong, will visit Hong Kong to inspect the Northern Metropolis project and a cross-border technology cooperation platform. The Hong Kong government announced the two-day visit, during which the chief executive will join him.

A recent subsidiary legislation in Hong Kong outlines procedures for handling non-national security offences with national security considerations. The chief executive's authority, under the 2020 national security law, to determine if an act involves national security has sparked debate over whether the executive branch is the appropriate body for such decisions.

Hong Kong’s new national security regulation allowing certain criminal cases to be handled under national security procedures is expected to be used rarely, with the city leader typically issuing certification before trial, according to security and justice officials. The Legislative Council subcommittee completed its scrutiny of the Safeguarding National Security (Procedural Matters) Regulation during a two-hour meeting on Thursday.

Hong Kong’s business community signed six agreements with Kazakhstan to support the development of Alatau City, a hi-tech and economic hub. Chief Executive John Lee Ka-chiu highlighted Hong Kong’s role as a gateway to global capital and the mainland Chinese market for the project.

Hong Kong's government proposed legislation allowing the city leader to classify criminal acts as national security offenses, refining procedures for such designations. Critics argue this further erodes civil liberties, while authorities claim it is necessary for stability. The legislation does not create new powers but binds courts to the leader's security determinations.

The Hong Kong government has proposed new subsidiary legislation to clarify the scope of national security cases under its national security laws. Security and justice authorities submitted the amendments to the Legislative Council, introducing a classification mechanism for 'other offences endangering national security' requiring certification from the chief executive.

Currys has appointed a former shop assistant to the role of chief executive. The company is naming an individual previously employed as a shop assistant to lead as CEO.

Sandoz warns that cheap Chinese imports are threatening Europe's antibiotic supply. The chief executive states the continent risks losing critical medicine capacity without stronger protections.

Barclays is reducing risky lending after a £228m loss from the collapse of mortgage lender Market Financial Solutions (MFS), which faced fraud allegations. The bank's CEO cited rising fraud and allocated an additional £105m for motor finance compensation.