Category: Executive Movements

Basava S R Priyanka appointed as Nihar Info Global CFO

Nihar Info Global Limited, an e-commerce company, has appointed Basava S R Priyanka as the CFO of the company. This comes when the previous CFO, Ravulakollu Lavanya has resigned from the service of Chief Financial Officer of Nihar Info Global Limited on 18 December 2019.  In a BSE release, the company said, “The company would…

Sameer Batra resigns from Airtel Broadband

Airtel Broadband has announced the resignation of its chief executive officer (CEO) Sameer Batra. According to his LinkedIn profile, he will be joining the e-commerce major Amazon as director for mobile business development. One of the familiar people with the matter said, “Vir Inder Nath, who was the chief executive of retail business at Airtel,…

SEBI appoints G. Babita Rayudu as Executive Director

SEBI (The Securities and Exchange Board of India), a regulator for the Securities market, has appointed G. Babita Rayudu as Executive Director. Prior to her promotion as Executive Director, Rayudu was in the Legal Affairs Department in SEBI. According to the press release, the company said, “G. Babita Rayudu took charge as Executive Director in…

Walmart India appoints Sameer Aggarwal as Deputy CEO

Walmart India, the Indian business arm of the American multinational retail corporation, has appointed Sameer Aggarwal as its Deputy CEO. In a media statement, a company spokesperson said, “Sameer Aggarwal has been appointed Deputy Chief Executive Officer, Walmart India effective 1st January 2020. He will continue reporting to Krish Iyer, President and CEO Walmart India,…

S Sundar resigns from Lakshmi Vilas Bank

Lakshmi Vilas Bank, a personal banking service provider, has announced the resignation of its Chief Financial Officer (CFO) S Sundar.  Earlier in August 2019, their Chief Executive Officer Parthasarathi Mukherjee had resigned from the position citing personal reasons. In a BSE filing, the company said, “In terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations,…

Axis Bank appoints new Chief Risk Officer and Group Executive

Axis Bank Ltd. has appointed Amit Talgeri as its chief risk officer for three years starting Jan. 1, 2020. He replaces Cyril Anand, who will retire from the services of the bank, with effect from close of business hours of Dec. 31, 2019, the private sector lender said in a statement to media.  Additionally, Naveen…

Ravi Kiran M to quit Zen Technologies Ltd

Zen Technologies Ltd, engaged in the design, development and manufacture of training simulators, has announced the resignation of its Chief Financial Officer  Ravi Kiran M with immediate effect.  In a BSE filing, the company said, “we wish to inform you that, Mr. Ravi Kiran M, Chief Financial Officer, have resigned from the company due to…

General Bipin Rawat appointed as Chief of Defence Staff

The government of India has appointed Bipin Rawat, Army Chief General, as new Chief of Defence Staff. With him being the CDS, smooth coordination among the army, air force and navy is expected to happen, as tri-services agencies on cyber and space came up during his tenure as the Army Chief. Importantly, some of the…

HT Media Non-Executive Director Shamit Bhartia resigns

Shamit Bhartia, a Non-Executive Director of HT Media has tendered resignation from the Board of Directors of the Company with effect from December 30, 2019. Shamit Bhartia currently holds the position of Managing Director of Hindustan Media Ventures Ltd. He also holds Board Memberships of other companies. Shamit Bhartia holds a Bachelor’s degree from Dartmouth…

Manoj Tulsian to quit JMC Projects (India) Limited

JMC Projects (India) Limited, one of the leading EPC Construction and Infrastructure companies, has announced the resignation of its Whole-time Director & Chief Financial Officer Manoj Tulsian with effect from January 14, 2020. In a BSE filing, the company said, “We write to inform you that Mr. Manoj Tulsian, Whole-time Director & Chief Financial Officer…

Uniqlo founder Tadashi Yanai quits SoftBank board

Tadashi Yanai, founder and chief executive officer (CEO) of Uniqlo’s parent Fast Retailing will resign as independent board member in December end after 18 years to focus on his fashion business. Yanai is one of only three external members of a board filled with SoftBank executives and heads of its portfolio companies. The resignation comes…

Shalimar announces management changes

Shalimar Paints’ Chief Financial officer (CFO) Sandeep Gupta has resigned w.e.f 27 December 2019. The announcement was made in the company’s exchange filing. At the same time, the company has announced the appointment of its new CFO Ashish Kumar Bagri. The Indian paint manufacturer, Shalimar Paints is engaged in the manufacturing and marketing of decorative…

Jun Seki announces decision to quit Nissan

Nissan in an official press release announced that it has accepted Seki’s resignation and started its new management under Representative Executive Officer, President and CEO Makoto Uchida as of December 1, 2019. Under the new top management, Nissan is trying to regain trust, restore the company’s performance and work on its business transformation.