Waste Management is to promote James Fish, Jr, currently senior vice president (SVP) of its Eastern Group, to executive vice president (EVP) and chief financial officer (CFO) on completion of financial reporting for the second quarter.
The group, based in Houston, Texas, announced that the appointment follows the decision of Steven Preston, its principal financial officer, to pursue chief executive officer (CEO) opportunities elsewhere. Preston joined Waste Management last year, following its acquisition of Oakleaf Global Holdings where he was president and CEO. He is expected to delay his departure until after the third quarter, to assist an orderly transition.
Fish joined Waste Management in 2001 and initially served as director of financial planning and analysis.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.
The EU and US’ shift in accounting standards may bring balance sheet losses and increase credit risk, according to James Elder, director of risk services at Standard & Poor’s (S&P) Global.