Parl panel recommends senior citizen rebate restoration in sleeper, AC 3

A parliamentary committee has recommended that senior citizen concessions be reviewed and restored “urgently” at least for sleeper class and AC 3-tier train travel. In its report submitted on August 4, the Standing Committee on Railways said senior citizens were earlier granted a concession amounting to 40-50 per cent of their railway … Read more

TravelPerk Adds Two to Senior Leadership Team

Roy Hefer TravelPerk has hired new chief financial and chief people officers, each of whom the travel management platform said will help with global expansion, particularly in the United States. Tech industry veteran Roy Hefer has joined TravelPerk as its chief financial officer, based in Barcelona. Hefer most recently worked as VP of finance at … Read more

Railway concessions may return for senior citizens but with riders: Report

In the face of criticism from several quarters, the Railways is mulling the restoration of senior citizen concessions but for general and sleeper classes only, sources said here. Also on the cards is tweaking the age criteria by extending the concessional fare to those above 70 years, as against … Read more

CPC joins developer to preserve affordable senior housing

Nonprofit developer BRIDGE Housing has chosen mortgage lender CPC Mortgage to refinance the Magnolia Plaza senior apartments located in South San Francisco, CA. The two mission-driven companies have announced $19.4 million in financing to preserve 125 units of affordable housing for low-income senior citizens. Studies have revealed senior citizens among those at highest risk of … Read more

Earl Shilton Building Society hires BDM and senior underwriter

Earl Shilton Building Society has added a business development manager and a senior mortgage underwriter to its team at the Leicestershire head office. The mutual says its new business development manager Shane Dye brings “a wealth of industry experience” to the business having worked in financial services for more than two decades. He joins from … Read more

Freddie Mac names new senior VP and chief compliance officer

Freddie Mac has appointed Dennis Hermonstyne Jr. (pictured) as its new senior vice president and chief compliance officer. He is set to join the company on September 19 and will become part of the senior operating committee. Hermonstyne has spent over two decades managing compliance programs for national banks and international financial services companies, most … Read more

Beazley Chair to Step Down; Miller Forms Farms & Estates Team With 2 Hires From Aon; AXA XL Names HDI’s White as Senior PI Underwriter

This edition of International People Moves details board changes at Beazley and appointments at Miller and AXA XL. A summary of these new hires follows here. Beazley’s Chair Roberts to Step Down Beazley plc announced that its chair, David Roberts will be standing down from the board in autumn 2022 to take up the role … Read more

Scindia holds meeting with senior MoCA officials, DGCA on safety issues

In the wake of a string of technical malfunction incidents involving Indian carriers, Aviation Minister Jyotiraditya Scindia held a meeting on safety issues with senior officials of his ministry and regulator Directorate General of Civil Aviation (DGCA) on Sunday, sources said. During the meeting, the minister took a detailed … Read more

Senior Fed governor open to 1 percentage point rate rise

A top official at the Federal Reserve has left the door open for the US central bank to raise interest rates by a full percentage point at the end of this month if warranted by incoming data. Fed governor Christopher Waller on Thursday reiterated his support for a three-quarter percentage point increase at the July … Read more