German investment banking company, Deutsche Bank’s Chairman Paul Achleitner has recently said that he intends to step down when his term ends in 2022. As per a Reuters report, his decision signals a new era at the German bank as it struggles to become profitable. Deutsche Bank is Germany’s largest lender. The announcement was made…
Category: Executive Movements
Genpact announces key appointments, Brian Stevens joins the Board
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•Genpact, a global professional services firm focused on delivering digital transformation, announced that Brian Stevens, Executive Chairman of Neural Magic, has joined its Board of Directors. The appointment is effective immediately. In addition, James Madden has become Chairman of the Board, replacing Robert Scott, who has retired. “I would like to thank Bob Scott for…
Disney Head of Streaming Kevin Mayer joins TikTok as CEO
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•Head of Streaming for The Walt Disney Co. Kevin Mayer has recently resigned from his position to join TikTok as Chief Executive Officer. Along with this role, Mayer will also serve as the Chief Operating Officer of ByteDance, TikTok’s parent company. Mayer’s new appointment will be effective June 1, the Chinese company said. At Disney,…
Affle appoints Sujoy Golan as Chief of Marketing & Omnichannel Platforms
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•Affle Limited, the leading consumer intelligence technology company, announced the appointment of Sujoy Golan as Chief of Marketing & Omnichannel Platforms to strengthen its leadership team. In his new role, Sujoy will lead the marketing function and help drive the business growth for Affle’s omnichannel platforms on Software/Platform-as-a-Service business models. Sujoy has 14+ years’ experience…
Bimal Parekh appointed to the Board of Rainshine Entertainment
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•Rainshine Entertainment, a leading entertainment company that creates, nurtures and develops content studios which create fabulous content for Indian and global audiences, announced the appointment of Bimal Parekh to its Board of Directors. Speaking about the appointment, Neeraj Bhargava, Chairman & Chief Executive Officer, Rainshine Entertainment, says, “We are excited to have Bimal join us…
CEO of Vedanta’s oil and gas division Ajay Dixit resigns
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•Cairn’s Chief Executive Officer Ajay Dixit has decided to quit the company at month-end. He is the fifth CEO of billionaire Anil Agarwal-led Vedanta’s oil and gas division to quit the firm. Cairn was taken over by the mining baron eight years ago. According to a PTI report, Dixit has decided to not seek an…
Months after CEO, Paytm Money CTO and Operations Head resign
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•Following the departure of Paytm Money CEO Pravin Jadhav from the company last month, its Chief Technology Officer and Operations Head have also resigned from their positions. Fintech unicorn Paytm has been witnessing a lot of departures from the company’s top management recently. The company which has aggressively spread its operations into various fields is…
Jack Ma to resign from SoftBank board after 13 years
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•Japanese multinational conglomerate SoftBank Group Corp recently announced that Alibaba Co-Founder Jack Ma will resign from its board. Jack Ma’s resignation is the latest high-profile departure by an ally of SoftBank CEO Masayoshi Son. Jack Ma resigned from the board as he is pulling back from formal business roles to focus solely on philanthropy. Earlier…
Google appoints Anil Bhansali as Vice President of Google Cloud India
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•Internet giant Google recently announced that it has appointed former Microsoft executive Anil Bhansali as Vice President of Engineering for its cloud business in India. In his new role, Bhansali will handle all software development support efforts for Google Cloud in India. Commenting on Bhansali’s appointment, Amit Zavery, Vice President, Engineering, Google LLC said, “We’re…
Abhishek Gulyani appointed as India CEO for Hill+Knowlton Strategies
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•Global public relations company, Hill+Knowlton Strategies (H+K) recently announced that it has appointed Abhishek Gulyani as Chief Executive Officer to lead its operations in India. Gulyani, an experienced communications specialist,will manage the offices in Bengaluru, Gurgaon and Mumbai to capture the enormous growth potential in the country. Speaking on his appointment, Gulyani said, “To join…
Arvind Subramanian appointed MD and CEO of Mahindra Lifespaces
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•The Board of Mahindra Lifespace Developers Ltd. has announced the appointment of Arvind Subramanian as Managing Director & Chief Executive Officer with effect from 1 July 2020. He will succeed Sangeeta Prasad, who after a distinguished career of over eleven years with the Mahindra Group, has decided to pursue other interests. Arvind joined the company…
Pravinkumar Bhandari appointed as new CEO of ePaisa
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•Mobile-based point of sale company, ePaisa recently announced that it has elevated its Chief Business Officer Pravinkumar Bhandari to the position of Chief Executive Officer. He has been serving as CBO since June last year. As the CBO his role was to entail tasks and processes towards business development by implementing growth opportunities within and…
Abbey Thomas appointed as Head of Marketing Volkswagen Passenger Cars India
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•German automaker Volkswagen Passenger Cars recently announced the appointment of Abbey Thomas as the company’s Head of Marketing for India business. His appointment is announced with immediate effect. In his new role, Thomas will be responsible for the marketing strategy of the brand in India. Thomas takes over from Bishwajeet Samal, who moves to Wolfsburg,…
SoftBank-backed Fair appoints Bradley Stewart as new CEO
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•Softbank-backed car subscription startup Fair.com recently announced that it has appointed Bradley Stewart as the company’s new Chief Executive Officer. Stewart joins the car subscription startup after being associated with aviation startup XOJet from 2013 to 2019 as Chairman and CEO. The company was later acquired by Vista Global. Announcing his appointment on LinkedIn, Stewart…
Mahesh Babu appointed MD, CEO of Mahindra Electric
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•Mahindra Electric Mobility, the electric vehicle manufacturing arm of Mahindra, recently announced that it has elevated company CEO Mahesh Babu to the position of Managing Director and CEO. His appointment will come in effect from May 7. The decision was taken by the board of directors in a board meeting held on May 6. Babu…