Brands
Samsung shakes up leadership with co-CEOs
SOUTH KOREA: Samsung Electronics has dialled up the leadership heat with a fresh executive mix. TM Roh has officially been named head of the device eXperience division and appointed as CEO, joining Young Hyun Jun, vice chairman and head of the device solutions division, as co-CEOs.
Roh will continue steering Samsung’s mobile business as head of mobile eXperience business, while Jun stays on as the head of the memory business. The dual-CEO arrangement signals Samsung’s drive to balance mobile innovation with memory and device excellence.
To reinforce the tech edge, Janghyun Yoon has been appointed president, chief technology officer of the DX division and head of Samsung Research. Yoon, previously CEO of Samsung Venture Investment, also brings experience in software platforms, IoT and Tizen development from the MX Business.
Adding academic gravitas to the team, Harvard’s Mark Hyman Jr. professor of chemistry and physics, Hongkun Park, will head the Samsung Advanced Institute of Technology. Park is celebrated for his pioneering work in nanoscience, quantum science and engineering.
With this reshuffle, Samsung aims to fuse innovation and research leadership, keeping the brand at the forefront of global tech, from smartphones to cutting-edge scientific breakthroughs. The company’s new leadership ensemble promises a future where strategy meets science in perfect harmony.
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
