Indonesia Is Close to Naming Chief for $100 Billion Wealth Fund
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January 19, 2021
Vehicles travel along a road in the central business district (CBD) during a partial lockdown imposed due to the coronavirus in this aerial photograph taken in Jakarta, Indonesia, on Wednesday, May 13, 2020. Indonesian President Joko Widodo urged a cautious approach to lifting of partial lockdowns covering almost 100 million people in a string of regions and cities amid pressure to re-open the economy as the nations death toll from the coronavirus pandemic topped 1,000.
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Indonesia has narrowed down the list of candidates to lead its new wealth fund to a handful, including Pandu Sjahrir of Indies Capital Partners Pte, according to people familiar with the matter.
On the campaign trail, Joe Biden promised to select a teacher to be his secretary of education. Just before Christmas, in a surprise choice, he named Connecticut Commissioner of Education Miguel Cardona to the post. Cardona has been a teacher albeit for only about five years before becoming a principal and district administrator.
Biden has now doubled down on his pro-teacher stance by nominating San Diego Unified Superintendent Cindy Marten to be deputy secretary of education, the number two position in the U.S. Department of Education.
With Cardona, Marten will play a pivotal role in advocating for and implementing President-elect Biden’s expansive education agenda, including getting funds to states, so they can open the majority of their elementary schools within 100 days of his taking office.
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Lightning eMotors (“Lightning eMotors” or the “Company”), a leading provider of commercial electric vehicles for fleets, today announced Teresa Covington as its new chief financial officer. Covington will join Lightning’s senior leadership team and lead the company’s finance and investor relations teams as it transitions to being a public company as a result of its announced business combination with GigCapital3, Inc. (“GigCapital3”) (NYSE: GIK).
Teresa Covington, CFO of Lightning eMotors. (Photo: Business Wire)
Most recently, Covington served as chief financial officer for asTech, a leading cloud-based automotive technology and diagnostic services provider. Prior to joining asTech, Covington was the head of the global finance organization at AeroVironment, a publicly traded technology company in aerospace and defense that designs, manufactures and distributes unmanned aerial vehicles. The