Ujjivan Financial Services Limited announced the appointment of Ittira Davis as Managing Director and Chief Executive Officer of the company, with effect from January 14, 2022. According to the bank’s exchange filing, “Please be informed that the RBI vide their letter dated January 12, 2022 addressed to the Bank has approved the appointment of Mr.…
iValue InfoSolutions announced the appointment of Mitish Chitnavis as Chief Technology Officer, according to ETCIO report. In this new role he will be heading the Technology Consulting and Services division and will be based out of iValue’s Bangalore office. Mitish has held leadership roles in companies like Binary Spectrum, Obopay, Electronic Data Systems and Mphasis,…
LEAD, India’s largest School EdTech player, has raised US $100 million in Series E funding round at a valuation of $1.1 billion to continue its mission of transforming schools in India. The funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company’s ambitious…
Adani Power’s board has approved the appointment of Shersingh B Khyalia as its new chief executive officer (CEO), effective from January 11, 2022, according to PTI report. “Board of directors of the company, at its meeting held on January 11, 2022, has considered and approved the appointment of Shersingh B Khyalia as a chief executive…
NODWIN Gaming, South Asia’s leading esports company and a material subsidiary of Nazara Technologies Limited, has acquired comic, pop culture and superheroes merchandising retailer — Planet Superheroes. This new addition will enable NODWIN Gaming to offer iconic global merchandise to the millions of youth who engage with NODWIN Gaming via its immensely popular IPs such…
Azzur Group announced new executive leadership appointments. Ryan Ott has been promoted to Chief Operating Officer (COO) of Azzur Group, Ravi Samavedam has been appointed new Chief Innovation Officer and Ilya Vasserman has been promoted to Chief Information Officer (CIO) of Azzur Group. Originally founded in Philadelphia in 2010, Azzur is a market-leading provider of GxP services for the…
Former Birlasoft executive Amit Dhawan has joined Quantiphi, an AI-first digital engineering company, as Chief Information Security Officer & Data Privacy Officer. He will be based in Mumbai and will report to Ritesh Patel, Co-founder at Quantiphi. In this new role as a CISO, he will be leading the cyber security initiatives and will be…
Chubb Limited announced that Shekar Pannala has been appointed Vice President, Chubb Group and Global Chief Information Officer, effective January 1, 2022. Pannala reports to Thomas Kropp, Senior Vice President, Chubb Group and Global Head of Operations and Technology. Formerly Executive Vice President, Global Technology, Pannala in his new role is responsible for the strategic direction and execution leadership of Chubb’s global…
POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly Integrated Steel Mill at Mundra, Gujarat, as well as other businesses. The investment is estimated to be up to USD 5 Billion. The non-binding MoU signed between POSCO and Adani intends to further collaborate at the…
Cipla Limited announced that it has been awarded winner as a “Challenger in Mega Large Business Pharma Sector” by Frost & Sullivan and TERI’s Sustainability 4.0 Awards. The award is a testimony to Cipla’s continuous efforts in the Environment, Social & Governance (ESG) space as a leader in the pharma industry. The company has been…
Russell Reynolds Associates, a global leadership advisory and search firm, announced that Harpuneet Singh, has joined the firm as a core member of global Financial Services Sector. Based in Mumbai, Harpuneet has over two decades of leadership advisory experience across professional services and investment banking, the statement said. Sachin Rajan, Russell Reynolds Associates India Country Manager said,…
SymphonyAI, a company that provides enterprise AI software solutions for strategic industries, announced Sanjay Dhawan has joined as CEO. In this new role, Dhawan will drive SymphonyAI’s growth as an integrated company pursuing a single strategy across retail, CPG, financial services, manufacturing, media, IT service management, and additional sectors, the statement said. “We are one of the…
PNB Housing Finance Limited, a housing finance company with National Housing Bank, announced the appointment of Binod Kumar as an Additional Director, effective January 12, 2022. According to the company’s exchange filing, “this is to inform you that the Board of Directors of the Company, on recommendation of the Nomination and Remuneration Committee, has approved…
KKR & Co. Inc. (together with its subsidiaries, KKR) announced that Ryan Stork has joined KKR as a Partner and Chief Operating Officer (COO). “As our investment activities continue to scale globally, so too must our operational functions that make them all possible and allow us to continue to best perform for our investors. As COO, Ryan will…
IBM announced it has acquired Envizi, a leading data and analytics software provider for environmental performance management. Financial details of the deal were not disclosed. This acquisition builds on IBM’s growing investments in AI-powered software, including IBM Maximo asset management solutions, IBM Sterling supply chain solutions and IBM Environmental Intelligence Suite, to help organizations create…