Commerzbank has announced the strengthening of the Board of Managing Directors. Thomas Schaufler, currently Board Member for Retail Banking at Erste Group Bank AG in Austria, will take responsibility for Private and Small-Business Customers at Commerzbank on 1 January 2022. Currently, Sabine Schmittroth is responsible for this segment. The appointment of Thomas Schaufler to the…
Tag: Managing Director
Kerryann Benjamin joins KKR as MD, Chief Diversity Officer and Head of Talent Management
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•Global investment firm KKR appointed Kerryann Benjamin as Chief Diversity Officer and Head of Talent Management, effective Sept 09, 2021. In this role, Benjamin will be based in New York and will drive KKR’s diversity, equity and inclusion (DEI) strategy, a strategic priority for the firm, as well as KKR’s global talent development strategy, the statement said. Benjamin joins KKR from Goldman Sachs…
Ramesh Subramanian takes over as MD of Bharat PetroResources
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•Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has announced the appointment of S. Ramesh as the Managing Director of the Bharat PetroResources Limited (BPRL), a wholly owned subsidiary company of BPCL and consequently he has taken over yesterday. S. Ramesh is a BE (Mechanical) with a PGD in Computer Programing System Analysis &…
Harsha Bangari named Managing Director of Exim Bank
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•Exim Bank of India (Exim Bank) announced the appointment of Harsha Bangari as its new Managing Director, according to PTI report. Harsha Bangari has taken over as the Managing Director of Export-Import Bank of India (India Exim Bank) today, it said in a release. Before this, Bangari was the Deputy Managing Director of the bank. Before her…
Biotech startup immunitoAI lands $1M in seed round led by pi Ventures
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•Biotech startup immunitoAI has announced that it has secured $1 million in the Pi Ventures led seed funding round. The round also saw participation from existing investor Entrepreneur First. An official statement informed, “the funds raised by the startup will be deployed for product development and industry partnerships.” Aridni Shah, CEO and Co-founder of immunitoAI,…
Arun Kumar Singh appointed Chairman and MD of Bharat Petroleum
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•Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the appointment of Arun Kumar Singh as the Chairman and Managing Director of the company, effective September 07, 2021. A Mechanical Engineer by qualification, Arun Kumar Singh was earlier Director (Marketing) on the Board of the company, holding additional charge of…
Adobe appoints Prativa Mohapatra as Vice President & Managing Director of India Business
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•Adobe has announced the appointment of Prativa Mohapatra as Vice President and Managing Director for Adobe India. In this role, Prativa will lead Adobe’s India business across Adobe Experience Cloud, Adobe Creative Cloud and Adobe Document Cloud, reporting to Simon Tate, Adobe’s President for Asia Pacific (APAC). Simon Tate, President, Adobe APAC said, “Digital has…
Ashish Kehair promoted to MD & CEO of Edelweiss Wealth Management
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•Edelweiss Group, a financial services conglomerate in India, announced that Ashish Kehair has been promoted to Managing Director and Chief Executive Officer of Edelweiss Wealth Management (EWM). He will replace Nitin Jain who is departing the organization after a transition period to pursue entrepreneurial interests. In this role, Ashish will lead the strategic initiatives and…
IDFC First Bank re-appoints V. Vaidyanathan as MD & CEO
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•IDFC First Bank announced the re-appointment of V. Vaidyanathan as Managing Director and Chief Executive Officer for a further period of three years, effective December 19, 2021. According to the bank’s exchange filing, “we wish to inform you that the Reserve Bank of India, vide its communication dated September 07, 2021, has granted its approval…
KIOCL appoints T. Saminathan as Managing Director
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•Mining & Metals company KIOCL Limited has appointed Saminathan Thimmalakundhi as Chairman and Managing Director, effective September 07, 2021. He succeeds S.K. Gorai, who resigned from the role, effective Sept 07, 2021. According to the Company’s exchange filing, “We hereby inform that, Ministry of Steel vide its Order F. No. 5/1/2020-BLA dated 7th September, 2021 has…
UST appoints Matthew McCormack as Managing Director for Australia and New Zealand
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•UST, a digital transformation solutions company, has announced the appointment of Matthew McCormack as the Managing Director for Australia and New Zealand (ANZ). In his new role, McCormack will lead the expansion and growth of the company and champion UST’s vision of ‘Transforming Lives’ in the region. He will focus on unlocking value for organisations…
Yogesh Kumar Misra appointed Managing Director at IRCON International
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•IRCON International announced the appointment of Yogesh Kumar Misra as Chairman and Managing Director, effective Sept 04, 2021. He succeeds Mukesh Kumar Singh, who resigned from the role of Chairman & CEO and Managing Director, effective September 04, 2021. According to the Company’s exchange filing, “It is to inform that in terms of Railway Board…
Fermenta Biotech appoints Prashant Nagre as Managing Director
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•Fermenta Biotech Limited has appointed Prashant Nagre as Managing Director of the company, effective May 09, 2021. Also, Krishna Datla has been appointed as Executive Vice Chairman, effective May 09, 2021. According to the Company’s exchange filing, “The Board of Directors at its meeting held on May 06, 2021, appointed Mr. Prashant Nagre as an…
Indian Bank appoints S L Jain as MD & CEO
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•Indian Bank has appointed S L Jain as Managing Director and Chief Executive Officer, effective September 01, 2021. According to the Bank’s exchange filing, “we have to inform you that in exercise of powers conferred by the proviso to clause (a) of sub section (3) of section 9 of the Banking Companies (Acquisition and Transfer…
Viaan Industries appoints Shaiju Nair as Managing Director
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•Viaan Industries Limited, an entertainment company founded by entrepreneur Raj Kundra and his celebrity wife Shilpa Shetty Kundra, announced that it has appointed Shaiju Nair as Managing Director of the company, effective 27th August, 2021. The company has also appointed Ganpati Chaudhary as an Additional Director. According to the company’s exchange filing, “the Board via…