DeepMind: Künstliche Intelligenz gibt der Strukturbiologie einen Schub berliner-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berliner-zeitung.de Daily Mail and Mail on Sunday newspapers.
Debenhams Malta shuts its doors as UK franchise goes into liquidation
As UK franchise owners go into liquidiation, United Department Stores shuts down Debenhams store in Malta
2 June 2021, 1:44pm
by Matthew Vella
The franchise owners of Debenhams UK in Malta will close down its stores as the parent company of the British retail fashion store enters liquidation.
United Finance plc, whose sister company United Department Stores holds the franchise for the Debenhams brand for Malta, said the winding up of the UK company has resulted in the withdrawal of the franchise internationally.
Debenhams UK announced in 2020 it was ceasing its operations and going into liquidation, with the last stores in the UK closing on 15 May 2021.
Commenting on the new appointments, Zamara Group CEO, Sundeep Raichura said, “Being a critical function for achieving a sustainable and profitable growth within our business, we are delighted to have both Jay and Nikhil as part of our Actuarial team.”
Jay is a Fellow of the Institute and Faculty of Actuaries and a CPA (K). Jay joins from Britam Holdings Plc, where he has been overseeing actuarial matters for Britam’s general insurance subsidiaries across seven countries in Eastern and Southern Africa. Jay has domain experience in health and general insurance but has had prior exposure to life insurance and pensions. Jay brings with him actuarial functional experience in reserving, pricing, product design, reinsurance, solvency, and capital management as well as corporate experience in product and process innovation, strategy development and monitoring, risk management, and benefits/incentives design.