Marsh McLennan makes swathe of leadership appointments

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Commenting on the appointment, Glaser noted that Doyle had been an “indispensable partner” to him and an essential part of the firm’s success. Marsh has thrived under his leadership, he said, citing several years of accelerated revenue growth and record new business. Glaser also highlighted that Doyle had established a stronger than ever culture of colleague engagement, inclusion and diversity at Marsh McLennan.

“With John in this new role, we’ll have additional leadership focus on our strategic and operational priorities across the enterprise,” he said, “giving us the ability to unlock more potential across our organisation.”

Martin South, president of

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Malaysia tops international Islamic finance index

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Malaysia has retained the top spot in the 2021 Islamic Finance Development Indicator (IFDI) by Refinitiv. Neighbouring Indonesia came in at second place, which it also held last year.

Saudi Arabia, Bahrain and the UAE rounded out the top five.

According to Refitiniv, the ninth and latest edition of its IFDI examined key financial metrics for 135 countries. These metrics played a significant role in shaping the financial environment during the pandemic year of 2020.

The report revealed that global assets for the Islamic finance industry maintained double-digit growth, rising 14% to US$3.37 trillion (SG$4.58 trillion) in 2020.

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Five FinTech trends to watch in 2022

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In the year ahead, consumer behaviour and early adoption of new technology are set to continue to transform the financial services market.

Five FinTech trends to watch in 2022

FinTechs and banks are in a race to innovate and shape the future of financial services.

As new technologies emerge, traditional banks will have to adapt quickly to provide their customers with what they expect, and this will lead to the emergence of new business models across the financial services sector.

  1. Rise of Digital/Neo banks: Banking has traditionally been a monopoly with high barriers to market entry. But the relaxation
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A bubble in payments? Paytm tanks 27% on market debut

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Its horrible when people say it, but “I told you so.” Back in August Payments Cards & Mobile bought you analysis of investment in the payments market and asked “Is it too much”.

Back then we wrote, “With more than $260 billion invested in payments companies over the last four years, questions are being asked about a “bubble” – are we seeing too much money coming in, and are investors about to lose their shirts?

The short answer to that question is: “it depends” – on how you define the payments market, and whether or not you believe investors have

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