WORLD - INDEX - Changes Made To Dow Jones Islamic Market Indexes

www.djindexes.com -Changes Follow Regular Annual Review - LONDON (7 June 2012) – Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Islamic Market Titans 100 Index and its three subindexes, Dow Jones Islamic Market U.S. Titans 50 Index, Dow Jones Islamic Market Asia/Pacific Titans 25 Index and Dow Jones Islamic Market Europe Titans 25 Index as well as the Dow Jones Islamic Market Malaysia Titans 25 Index. All changes will be effective after the close of trading on Friday, June 15, 2012.
In the Dow Jones Islamic Market Titans 100 Index and subindex Dow Jones Islamic Market U.S. Titans 50 Index, Baker Hughes Inc., Corning Inc. and Marathon Oil Corp. will be replaced by eBay Inc., Express Scripts Holding Co. and Nike Inc. Cl B.  (source)

SINGAPORE - Islamic Bank Of Asia Appoints CEO

The Islamic Bank of Asia (IB Asia) has announced the appointment of Toby O’Connor, 45, as its Chief Executive Officer.

O'Connor will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity, in line with the bank’s renewed focus on fee-income businesses. (full story)