New Delhi, May 5 (IANS) Claire Mazumdar, a US-based biotech entrepreneur and CEO of a Nasdaq-listed firm, on Tuesday identified as the future successor to Kiran Mazumdar-Shaw at Biocon, marking a key step in the company’s long-term leadership transition.Kiran Mazumdar-Shaw, founder and chairperson of Biocon, said she has formally charted a succession plan and chosen her niece Claire to eventually take over the reins of the company. She noted that as the sole owner of Biocon, it was important t…
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Washington, Jan 30 (IANS) President Donald Trump on Friday said he will nominate Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve System. “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump said in a statement.Trump pointed to Warsh’s current academic and professional roles. He said Warsh “currently serves as the Shepard Family Distinguished Visiting Fellow in Econom…