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Market Chatter: Vision Fund Finance Chief to Leave SoftBank

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SoftBank Group's (TYO:9984) investment arm Vision Fund's chief financial officer, Navneet Govil, who has been with the technology giant for around a decade, is set to leave the group, according to a Reuters report on Tuesday citing an internal memo.

Alex Clavel, chief executive officer of SoftBank ​Investment Advisers, said in the memo that details regarding transition responsibilities will be disclosed in due course, Reuters reported.

Govil, chief financial officer of SoftBank Investment Advisers, joined ​SoftBank in 2016 before the launch of the group's first Vision Fund.

The memo described Govil as "a valuable partner across the business" as the organization navigated significant market volatility and transformation.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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