Current Affairs International - 28 October 2015

1. Vidya Devi Bhandari from the ruling CPN-UML has been elected as first woman President of Nepal after she defeated her rival from Nepali Congress by more than 100 votes. Bhandari, the Vice-president of CPN-UML and widow of late general secretary of the party Madan Bhandari, secured 327 votes against 214 votes of her rival Veteran Nepali Congress leader Kul Bahadur Gurung.

As per new Constitution passed in September this year, it was required to elect a new President within a month of the commencement of the Parliament session.

2. British bank Barclays has appointed former JP Morgan investment banker James Staley as its new Chief Executive Officer. He will take over on 1st December this year. He is the former chief executive of JP Morgan-s investment bank and currently works for US hedge fund Blue Mountain Capital Management.