SBI Card, India’s largest pure-play credit card issuer, announced that Rama Mohan Rao Amara has taken charge as the company’s new Managing Director and Chief Executive Officer, effective 30 January 2021. Rao takes over from Ashwini Kumar Tewari. Rama Mohan Rao Amara is a veteran banker, with a successful career spanning over 29 years at…
Walgreens Boots Alliance, Inc. has announced the appointment of Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board…
Spark Minda, the leading auto ancillary manufacturer has appointed Biranchi Mohapatra as CEO for Business Vertical II -Information and Connected Systems (Wiring Harness, Sensor and Cluster Products) and as a member to its Executive Committee of the Group. Commenting on the appointment, Ashok Minda, Chairman & Group CEO, Minda Corporation Limited said, “We are very…
VoloFin, a Singapore-headquartered FinTech platform, has appointed Mohit Agarwal as Co-Founder and CEO. VoloFin is a blockchain powered digital platform providing invoice financing for SMEs. VoloFin in a statement said, “SME’s get instant in-principle approval and price indications. A specially designed simple and minimalistic user interface allows a fully digital, easy, and quick onboarding journey…
JLL, a leading professional services firm that specializes in real estate and investment management, announced that its India CEO Ramesh Nair is leaving JLL to pursue opportunities outside the firm. He is succeeded by Radha Dhir, an experienced financial services executive, who has held senior leadership positions in Deutsche Bank India and Yes Bank. Dhir…
IndInfravit, the infrastructure investment trust (InvIT) sponsored by Larsen & Toubro Infrastructure Development Projects Limited, has appointed Kalpataru Power Transmission’s Pawan Kant as its new Chief Executive Officer, with effect from April 2021. Kant holds an engineering degree in construction from Mumbai University, and an MBA degree in Finance. He has experience in core infrastructure…
Sterlite Power, a leading global developer of power transmission, announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil, effective February 1st, 2021. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. According to the…
IBM announced the appointment of Martin Schroeter as Chief Executive Officer of the independent company that will be created following the separation of IBM’s Managed Infrastructure Services business (“NewCo”), effective January 15. NewCo will focus on the management and modernization of IT infrastructure in every industry around the world. The previously announced separation is expected…
Qualcomm Incorporated announced that its Board of Directors has unanimously selected Cristiano Amon to succeed Steve Mollenkopf as CEO, effective June 30, 2021. Mollenkopf informed the Board of his decision to retire as CEO following 26 years with the Company. Amon, who has worked at Qualcomm since 1995, is currently President of the Company. Mollenkopf…
YES Securities, a wholly owned subsidiary of YES Bank Ltd., has announced the elevation of Prasanth Prabhakaran as the Managing Director and Chief Executive Officer (MD & CEO) of YES Securities, effective immediately. Most recently, Prabhakaran was the Joint MD & CEO, YES Securities, where he was spearheading the Wealth Broking & Investment Advisory and…
Enrich Salon, a company that runs one of the largest chains of hair & beauty salons in India, has appointed Vivek Bali as its Chief Executive Officer. The beauty industry leader has been brought onboard to transform and scale up the Enrich business, according to a statement. Prior to this role, Vivek Bali was CEO…
NTT Ltd., a global technology services provider, has announced that Abhijit Dubey will succeed Jason Goodall as Global Chief Executive Officer for NTT Ltd, effective from 1 April 2021. Abhijit takes the role following over 20 years with global advisory firm McKinsey & Company. Jason Goodall, current Global CEO for NTT Ltd. commented, “We are…
Amit Chadha, presently Deputy CEO & Whole Time Board Member, L&T Technology Services is set to take charge as the company’s new CEO & Managing Director effective April 1, 2021. The appointment is for a term of three years with effect from April 1, 2021 till March 31, 2024. Existing CEO & MD, Dr. Keshab…
STEER, a manufacturing solutions provider for advanced materials technology operating in the fields of polymer compounding, plastics recycling, pharmaceutical, and food processing, has announced the appointment of Subodh Jindal as Chief Executive Officer, effective Dec 16, 2020. In this new role, Subodh will be responsible for business strategy and plant operations for the engineering business…
SUN Mobility, an electric vehicle solutions firm, has appointed Devender Singh Rawat as its India CEO. In his new role, Rawat will be responsible for accelerating the company”s business growth and expansion plans in the country. Rawat comes with 25 years of experience in the telecom sector. “With 25 years of world class leadership experience…