German fashion house Hugo Boss recently announced that it has appointed former Tommy Hilfiger head Daniel Griedar as the company’s new Chief Executive Officer. Griedar will start with his position on June 1, 2021, the company said. He will be succeeding Mark Langer, who will step down on September 30, 2020 after a tenure of…
Godrej Consumer Products Ltd recently announced that its Managing Director and Chief Executive Officer Vivek Gambhir has decided to step down from the position citing personal reasons. His resignation will come in effect on June 30. In an exchange filing, the company said that he will be replaced by Nisaba Godrej who is currently the…
Advertising giant GroupM has recently announced that it has appointed Ajay Mehta as Managing Director of Cinema (iTV) and OOH (Kinetic) business for India unit. Prior to the appointment, Mehta was the MD of ITV. Along with these positions, Mehta will also join the GroupM India Executive Committee. Speaking on the development, Prasanth Kumar –…
Mobile-based point of sale company, ePaisa recently announced that it has elevated its Chief Business Officer Pravinkumar Bhandari to the position of Chief Executive Officer. He has been serving as CBO since June last year. As the CBO his role was to entail tasks and processes towards business development by implementing growth opportunities within and…
Mahindra Electric Mobility, the electric vehicle manufacturing arm of Mahindra, recently announced that it has elevated company CEO Mahesh Babu to the position of Managing Director and CEO. His appointment will come in effect from May 7. The decision was taken by the board of directors in a board meeting held on May 6. Babu…
Subhash Chandra-backed global tube-packaging company Essel Propback recently announced that it has appointed former Viacom18 executive Sudhanshu Vats as Chief Executive Officer and Managing Director. The company Board has further appointed Vats as Additional Director of the company. His appointment comes in effect since 16 April 2020. An industry veteran with 28 years of experience…
Digital healthcare company DocOnline, recently announced the appointment of Manasije Mishra as the new Managing Director of the company. Earlier, Mishra was the Managing Director of vHealth by Aetna and Max Bupa Health Insurance. Mishra brings several years of relevant experience to help DocOnline accelerate its growth. Manasije Mishra will join the DocOnline board in…
Digital payments major Paytm on Wednesday said it has named Vineet Arora as the managing director and chief executive officer of Paytm General Insurance Ltd. The appointment, which is subject to regulatory approvals, is a step for Paytm to further its journey into the insurance sector with an immediate focus on General Insurance, the company…
Private lender HDFC Bank recently announced that its board had finalized three candidates to replace the outgoing Managing Director Aditya Puri. Aditya is set to retire in the month of October this year. According to a stock exchange filing, the company said, “We wish to inform that pursuant to the recommendations of the search committee…
Credit rating company CARE Ratings recently announced the appointment of Ajay Mahajan as Managing Director and Chief Executive Officer of the company for five years w.e.f from April 15. Mahajan’s appointment was announced by the Board of Directors in a meeting on 15 April. His appointment is based on the recommendation of the Nomination and…
IFFCO Tokio General Insurance recently announced that it has appointed industry veteran Anamika Roy Rashtrawar as MD and CEO. Rashtrawar replaces Warendra Sinha, who retired from the company after leading it for three years. Her appointment will be effective from March 27, 2020, said a company release. Rashtrawar is the first woman MD and CEO…
Retail giant Walmart recently announced that it has promoted Sameer Aggarwal to Chief Executive Officer of Best Price, Walmart India w.e.f April 1, 2020. Post his promotion, Aggarwal will directly report to Dirk Van Den Berghe, Executive Vice-President and Regional CEO of Asia and Global Sourcing, Walmart. Aggarwal is taking over the CEO position from…
Auto major Bajaj Auto recently announced that its shareholders have approved the re-appointment of Rajiv Bajaj as Managing Director and Chief Executive Officer. Through a BSE filing, the company said, “Rajiv Bajaj whose five-year term expires on 31 March 2020, has been re-appointed for a further period of 5 years w.e.f. 1 April 2020, subject…
Internet giant Google recently announced the appointment of industry veteran Karan Bajwa as the Managing Director of Google Cloud business in India Bajwa, who has leadership experience of more than three decades, will be responsible for driving all revenue and go-to-market operations for Google Cloud’s extensive solution portfolio that includes Google Cloud Platform and G…
Global sports brand Puma, recently announced that it has elevated its India Managing Director to General Manager India and Southeast Asia. As per a letter to its business partners, Puma SE Global CEO Bjorn Gulden said, “With his extended responsibility, Puma Southeast Asia will benefit from the management expertise of Abhishek Ganguly, while he continues…