Succession

Two-thirds of founder-CEOs struggle with succession planning, McKinsey's Joydeep Sengupta said, stressing the need for effective talent management and adaptability amid AI-driven change

At the Business Standard BFSI Insight Summit 2026, McKinsey's Sengupta said that founders must balance long-term ambition, take calculated risks, and plan succession to ensure business continuity

Indian business families are moving beyond traditional inheritance, focusing on succession planning, professional management and governance structures to preserve wealth and build lasting institutions

Family-owned businesses face a critical succession challenge: Balancing inherited ownership with merit-based leadership. Brazil's JBS offers lessons in grooming heirs and professional management.

Deposit mobilisation, loan growth, margin recovery and senior management continuity could emerge as key priorities for Anup Bagchi

The first generation builds a company. The second generation builds a bungalow in Alibaug, a chalet in Austria. The market knows

JPMorgan has reshaped its succession race by promoting Doug Petno and Troy Rohrbaugh while Marianne Lake's retirement narrows the field to succeed Jamie Dimon

Avoid vague drafting, interested witnesses, unsigned corrections, and multiple, contradictory documents

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

The Supreme Court highlighted the need for a Uniform Civil Code to address personal law complexities and ensure women's rights in matters such as inheritance

Apple is speeding up its plans to choose a new CEO, with a report saying Tim Cook may leave soon; the company wants a smooth transition as it prepares for major events and strong year-end sales

Chaotic handovers have the potential to freeze assets in legal disputes, fragment family empires, and destabilise companies that have grown rapidly but lack the governance structures

The $3.3 billion settlement ends years of bitter family succession battle, dissolves the old Murdoch trust, and hands Lachlan sole power over Fox Corp and News Corp while siblings take cash exit

All of the above can lead to intra-family disputes; anyone making a will who anticipates acrimony should use of a family settlement to pre-empt it

While many first-gen entrepreneurs are now more intentional and strategic about succession, the movement from informal conversations to formal planning is still a gradual and ongoing process

In a Hong Kong court, Kelly Zong was asked to help set up 3 trusts worth $2.1 billion for people who identify as her "half brothers and sister" following what they say were her father's directives

The institution of the Dalai Lama will continue following the traditional procedures carried out by the Gaden Phodrang Trust

Open communication about money, expectations and contributions is key, and a shared vision should guide investment strategies, liquidity management, and succession plans

The high court held that the Insurance Act, a general law, must yield to the Succession Act, a special law that governs the rights of legal heirs