Last updated
KoinWorks: Leadership Change
Three senior executives from KoinWorks' parent company (PT Lunaria Annua Teknologi) detained in Indonesian corruption probe over alleged misappropriation of IDR600 billion (~US$36M) from state lender BRI. Leadership vacuum and reputational crisis.
Source: e27 (SEA VC)
The leadership read
Leadership transitions often precede broader the sector bench-strengthening over the next two quarters.
Market context: Against a Talent Market Index of 107.4 (Hot) (down 1.7 month-on-month), Asia is at steady (+0.3pts) on signal share.
KoinWorks: 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
More signals across Asia
Leadership Change · Asia
Societe Generale →Societe Generale appoints William Si-Tu, former JP Morgan banker, as TMT (Technology, Media, Telecom) APAC head, with explicit focus on AI sector; signals investment banking expansion in tech and AI across Asia-Pacific
Leadership Change · Asia
HDFC Bank →Rajiv Kumar appointed as new chairman of HDFC Bank, replacing previous leadership amid governance turmoil. CEO Sashidhar Jagdishan describes first board meeting under new chair as 'refreshing.' Bank reported 5% Q1 FY27 profit rise despite ongoing governance challenges.
Leadership Change · Asia
Kotak Mahindra Bank →CEO Ashok Vaswani to step down in December 2026; expects external CEO search beyond internal candidates
Leadership Change · Asia
Adyen →Adyen appointed Gary Yang as Asia-Pacific President, effective 1 August 2026, succeeding Warren Hayashi who retires end of 2026. Yang transitions from SVP Global Head of Account Management and Partnerships.
Leadership Change · Asia
Fractal →Group CFO Ashwath Bhat resigned on July 6, 2026, citing personal reasons. He will remain in role until July 24 while the company searches for a replacement.
Leadership Change · Asia
Google DeepMind →Cao Liangliang, a director at Google DeepMind who worked on Gemini, has departed after 20 years in the US to join Hong Kong Polytechnic University.
Intelligence powered by Autonodal ↗