Shell Lubricants, the global market share leader in finished lubricants announced the appointment of Mr. Nitin Prasad as the new country head – India, Shell Lubricants. Mr. Prasad will be replacing Mr. Donald Anderson, who served this position for the last 3 years. Shell Lubricants is looking forward to further its focus on growth, through…
Category: Executive Movements
HDFC Bank appoints Donald D’Souza as Head of Equity Capital Markets – Investment Banking Division
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HDFC Bank, the second largest private sector bank in the country, has appointed Mr. Donald D’Souza as its Head of Equity Capital Markets in the Investment Banking division. Mr. D’Souza will be responsible for building the equity capital markets business that includes origination and execution of capital raising mandates. He will report to Mr. Rakesh…
Deutsche Bank appoints Gunit Chadha, as co-CEO for Asia Pacific
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Educomp appoints Sanjay Jain (ex Tulip Telecom) as its Group CEO
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Educomp has appointed Sanjay Jain, the former CEO of Tulip Telecom, as its Group Chief Executive Officer. Educomp Chairman and MD Shantanu Prakash, on the appointment: “The next phase in the evolution of Educomp is the phase of growth with consolidation of operations. I am delighted to bring in a CEO to strengthen the leadership…
India Power Corp. appoints Anup Bhargava as Managing Director
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India Power Corporation (IPCL) has appointed Mr. Anup Bhargava as Managing Director with effect from 1st March 2012. Mr. Bhargava, holds a Bachelors Degree in Electrical Engineering (Honours) from the Aligarh Muslim University, and has over 24 years of rich experience in the power industry. He has worked with various organisations, including BHEL, GE Power…
Rainer Jueckstock promoted as CEO of Federal Mogul, Jose Maria to retire.
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Federal-Mogul Corp – the leading auto parts supplier has announced that its Chief Executive Jose Maria Alapont will retire at the end of this month. Rainer Jueckstock, the senior vice president of Federal Moguls Powertrain Energy business unit, would take over as the new CEO effective 1st April 2012. He will also join the company’s…
Brian Cornell, to head PepsiCo Americas food division
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PepsiCo, the leading snack and beverage company has announced the following changes in its top team: Brian Cornell, the former Wal-Mart Stores Inc. senior executive would be heading PepsiCo Americas food division, the company’s largest business globally. Last year this business unit generated $ 23 Billion as revenue, a third of its global revenue, and…
CEAT appoints Anant Goenka as the new Managing Director
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Ceat Ltd, India’s fourth largest tyre maker has announced the appointment of Anant Goenka as the new Managing Director of the company for five years with effect from April 1, 2012. Anant, is presently the Deputy Managing Director of the company. The incumbent Managing Director Paras K Chowdhary will be retiring from the role but…
L&T appoints K Venkataramanan as CEO
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L&T – India’s leading diversified conglomerate and a with interests in infrastructure, engineering, manufacturing, construction, technology and financial services – has announcement changes in its top management structure. The board of directors have decided to bifurcate the roles of Chairman and Managing Director, effective from April 1. As per the new structure, Krishnamurthi Venkataraman has…
Vodafone India management rejig–Sunil Sood appointed COO
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Vodafone India, one of the leading telecom players in the Indian telecom market has announced changes in its top management. Subsequent to the changes – Sunil Sood, has taken over as the new COO (chief operating officer) of the company. Sanjoy Mukherjee would be the chief commercial officer (CCO).
LightSquared CEO Sanjiv Ahuja Resigns
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As per a company release – Sanjiv Ahuja steps down as CEO of Lightsquared. The CEO step down and is seen as coming in wake of some regulatory issues that could impact the wireless venture’s plan to roll out its new fourth-generation network in the US. LightSquared’s is aiming at creating the first-ever, wholesale-only nationwide…
Panasonic names Kazuhiro Tsuga as new President, post losses forecast to the tune of $ 9 Billion
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Panasonic Corp, is appointing its senior executive Kazuhiro Tsuga as the President of the company. Kazuhiro, would be replacing incumbent President – Fumio Ohtsubo, who is expected to step down following forecast of huge losses to the tune of up to $ 9 Billion. Tsuga, 55, has been at the company for more than three…
NourishCo Beverages – Tata & Pepsico JV appoints Pratik Pota as CEO
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NourishCo Beverages Ltd. , a joint venture between PepsiCo & Tata Global Beverages has appointed Pratik Pota, as the chief executive officer of the company with immediate effect. Pratik takes over from incumbent Punita Lal. In his earlier role, Pratik had been heading the South Business Unit for PepsiCo, from May 2008. Pratik, is a…
NetApp appoints Anil Valluri as President for India Sales & Marketing group
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NetApp has appointed Anil Valluri as President – NetApp India Marketing & Services Private Limited. In this role Anil will oversee NetApp sales, marketing and services operations in India and SAARC region. Anil , is an accomplished IT leader with over 25 years of Industry experience, Anil joins NetApp from Artiman Ventures, a USD 750M…
Google to replace Motorola Mobility CEO Sanjay Jha
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Google, would be replacing the present CEO of Motorola Mobility – Sanjay Jha. Sanjay had joined Motorola Mobility in 2008, and is credited to have been “a driving force behind the turnaround of the Mobile Devices business and its subsequent combination with the Home business”. The turnaround enabled Motorola to spin off Motorola Mobility on…