Flipkart Head of Fashion Rishi Vasudev has resigned after a five-year stint with the company. He had joined Flipkart in November 2014. In a media statement, the company said, “He has played a key role in building and nurturing the fashion category at Flipkart over the past five years, and more recently, has led the…
Category: Executive Movements
Aditya Birla Fashion appoints Himanshu Kapania as Vice Chairman
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•Aditya Birla Fashion and Retail Ltd., in an official statement on Tuesday, announced the appointment of Himanshu Kapania as the company’s Vice Chairman and additional (non-executive) Director with the board’s approval. His appointment will come in effect after January 1, 2020 and he is “liable to retire by rotation.” The development is subject to the…
Taro Pharma announces resignation of its Chief Financial Officer
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•Taro Pharmaceutical Industries Ltd. has announced that it has accepted the resignation of its Chief Financial Officer, Mariano Balaguer, w.e.f January 3, 2020. Balaguer is leaving to accept the position of CFO at another company. The company has initiated a search for a successor as CFO. Uday Baldota, Taro’s CEO, stated, “On behalf of the…
Axis Bank CFO Jairam Sridharan resigns
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•Jairam Sridharan, Chief Financial Officer of Axis Bank, will be exiting from his role. The bank in its exchange filing informed that Sridharan has submitted his resignation and would be moving on to pursue other career opportunities. He will continue to serve as the Group Executive & Chief Financial Officer of the Bank under his notice period of three months. He had taken over the CFO role in October 2015.
Future Consumer appoints Rajnikant Sabnavis as the Chief Executive Officer
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•Karvy Fintech renames itself; appoints new non-executive chairman
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•In a move to disassociate itself from the controversies surrounding its former parent company Karvy Group, Karvy Fintech has renamed itself as KFin Technologies. The private equity firm General Atlantic has been the controlling shareholder of KFin Technologies for over a year. GA acquired Karvy Group’s stake in KFin Technologies last year for Rs. 1,000…
Oyo Leadership Reshuffle: Aditya Ghosh elevated to the board
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•In a recent leadership reshuffle, Oyo Hotels and Homes has elevated their South Asia and India CEO Aditya Ghosh to its board. Rohit Kapoor, currently the CEO of their new real estate business Oyo LIfe, will be taking over Ghosh’s position. Ghosh’s elevation comes exactly a year after he joined the hospitality aggregator. He had…
SJVN Limited appointed Akhileshwar Singh as the Chief Financial Officer
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•SJVN Limited, a Mini Ratna company, has appointed Akhileshwar Singh as the Chief Financial Officer(CFO) of the Company w.e.f. 27.11.2019. In a BSE filing, the company said, “The Board of Directors have appointed Sh. Akhileshwar Singh as the Chief Financial Officer (CFO) of the Company w.e.f. 27.11.2019.” SJVN Limited was incorporated on May 24, 1988…
Lara Bezerra to exit as Head of Roche India
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•Lara Bezerra, Head of Roche India, is leaving the company. She had joined Roche India in October 2017, after her stint as General Manager Product at Roche Venezuela SA. She has been serving as Managing Director for the Indian operations. As per the company’s statement to media, cited in ET, “Dec. 1 will be the…
Zomato elevates Akriti Chopra as new finance head
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•Nanda Kambhatla to head Adobe India research team
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•Adobe has appointed Nanda Kambhatla to head the company’s research team in India. He will be based in Bengaluru, and will lead the company’s research initiatives – Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning (ML), Big-Data Analytics and Insight, and Content Intelligence technologies. Nanda is an AI and Machine Learning expert with over…
Tata Communications appoints Amur S Lakshminarayanan as MD and CEO
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•Tata Communications Ltd has appointed Amur Swaminathan Lakshminarayanan as the Managing Director (MD) and Chief Executive Officer (CEO) of the company. His appointment is effective 26th November 2019, and is for a term of five years. His appointment as MD & CEO shall be subject to necessary approvals of the shareholders of the Company. The…
Carolina Dybeck Happe named as GE’s Chief Financial Officer
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•Adani Green Energy CFO Ashish Garg quits.
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•Adani Green Energy Chief Financial officer (CFO) Ashish Garg has resigned with immediate effect. The announcement was made in the company’s exchange filing. Adani Green Energy, an Adani Group firm, is one of the largest renewable energy company, with a current project portfolio of 5,290 MW. Ashish, is a senior finance professional having over 17…
Manish Bharti appointed as UiPath India President
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•UiPath, a leading robotic process automation (RPA) software company, has announced that Manish Bharti has been elevated to the role of President for the India region, effective November 22, 2019. Raghunath Subramanian, previously CEO for UiPath India, has been appointed as Non-Executive Chairman of UiPath Entities in India. Manish will be responsible for accelerating business…