HEADLINES: Reader's Digest names Wallace MD

<p>Rosemarie Wallace has resigned as chief operating officer of the </p><p>Economist Group and publisher of CFO Asia to take up the regional </p><p>managing director's post at Reader's Digest. </p><p><BR><BR> </p><p>Ms Wallace's decision to quit was seen as abrupt because she has been </p><p>part of the Economist group for about 12 years. </p><p><BR><BR> </p><p>However, she described her new posting as representing "an exciting </p><p>opportunity". </p><p><BR><BR> </p><p>Her responsibility at Reader's Digest includes overseeing the growth of </p><p>all three language editions of the publication - English, Chinese and </p><p>Thai. </p><p><BR><BR> </p>

Rosemarie Wallace has resigned as chief operating officer of the

Economist Group and publisher of CFO Asia to take up the regional

managing director's post at Reader's Digest.



Ms Wallace's decision to quit was seen as abrupt because she has been

part of the Economist group for about 12 years.



However, she described her new posting as representing "an exciting

opportunity".



Her responsibility at Reader's Digest includes overseeing the growth of

all three language editions of the publication - English, Chinese and

Thai.