Kumar Mangalam Birla to step down as Non-Executive Chairman of the Vodafone Idea Board, effective from 4th August, 2021.
Also, the company announced the appointment of Himanshu Kapania as the Non-Executive Chairman and Sushil Agarwal as Additional Director.
According to the Company’s exchange filing, “The Board of Directors of Vodafone Idea Limited, at its meeting held today, have accepted the request of Mr. Kumar Mangalam Birla to step down as Non-Executive Director and Non Executive Chairman of the Board with effect from close of business hours on 4th August, 2021.”
Kapania, a nominee of the Aditya Birla Group, is a telecom industry veteran with 25 years of experience. This includes significant board experience in telecom companies globally. Kapania has also served on the Global GSMA Board for two years and was also the Chairman of the Cellular Operators Association of India (COAI) for two years. He is presently the Chairman of the FICCI Council on Telecom, Electronics and Digital Economy, the filing added.
Sushil Agarwal is Qualified Chartered Accountant and holds a Master’s degree in Commerce. He is the Group Chief Financial Officer and Director of Aditya Birla Management Corporation Private Limited. He has been with the Aditya Birla Group since the beginning of his career in 1989 and has a unique distinction of working closely with the former Chairman Late Aditya Vikram Birla and current Chairman Kumar Mangalam Birla, the statement said.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.