India’s home-grown Paytm Payments Bank Limited (PPBL) has appointed veteran banker Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years, a statement said. Chawla brings with him an illustrious career in Retail Banking spanning…
Ajax Engineering, a leader in Concreting Equipment sector in India, announced the appointment of Shubhabrata Saha as the new MD & CEO of the company. Shubhabrata served over two decades at Mahindra & Mahindra in various leadership roles. His last assignment at Mahindra was as CEO in Farm Division. He has delivered consistent and sustainable…
Canara Bank Limited announced that L V Prabhakar has retired from the role of Managing Director and Chief Executive Officer of the Bank, with effect from December 31, 2022. According to the Bank’s exchange filing, “This is to inform the Exchanges that Shri L V Prabhakar, Managing Director & CEO of the bank has retired…
Suryoday Small Finance Bank Limited announced the re-appointment of Baskar Babu Ramachandran as Managing Director and Chief Executive Officer of the Bank, with effect from January 23, 2023. According to the company’s exchange filing, “we would like to inform that the Reserve Bank of India vide its letter dated December 26, 2022, has approved the…
Indus Towers Limited (Formerly Bharti Infratel Limited), India’s largest mobile tower installation company, announced the appointment of Prachur Sah as Managing Director and Chief Executive Officer of the company, with effect from January 3, 2023. According to the company’s exchange filing, “the Board of Directors of the Company in their meeting held on December 22,…
Commercial vehicle manufacturer, Ashok Leyland, has appointed Shenu Agarwal as Managing Director and Chief Executive Officer of the company with immediate effect. “Assuming charge, Agarwal will drive the technology development, growth, and future strategy for the company towards achieving our vision to be among the top 10 commercial vehicle players globally,” the company said in…
Biocon Biologics said it has elevated Shreehas Tambe as Managing Director and CEO of the company with immediate effect, according to PTI report. Tambe was Deputy CEO of Biocon Biologics, a subsidiary of Bengaluru-based Biocon. He takes over from Arun Chandavarkar, who will continue to serve as a non-executive, non-independent director on the Biocon Biologics board, the company said…
Birlasoft Ltd, a technology services and consulting company, announced the appointment of Angan Guha as its Chief Executive Officer and Managing Director, effective December 1, 2022. Angan joins the Birlasoft Board as a full-time Director and will be based in the US. Angan will provide strategic leadership to Birlasoft, driving significant scale and transformation. He will…
Jubilant FoodWorks Limited, India’s largest food service company, shared the joining announcement of its new CEO and Managing Director – Sameer Khetarpal. Shareholders have also approved his appointment in the 27th Annual General Meeting of the Company convened on August 30, 2022. Sameer has served in numerous senior leadership roles during his 25-year career in…
Deepak Kumar Lalla recently took charge of SBICAP Securities as the new MD & CEO. He replaces his predecessor, Naresh Yadav, after his latest stint as the Head of the Wealth Management Business for SBI. SBICAP Securities is a wholly-owned subsidiary of SBI Capital Markets Ltd. Lalla earned his Master’s in Commerce and Diploma in…
Consumer durables maker Bajaj Electricals Limited announced that it has re-designated Shekhar Bajaj as Chairman and Anuj Poddar as Managing Director and Chief Executive Officer of the company, with effect from August 12, 2022. Shekhar Bajaj has been the past President of ASSOCHAM, IMC, ELCOMA (Electric Lamp & Components Manufacturers Association), Associated Chamber of Commerce and…
Unity Small Finance Bank appointed senior banker Inderjit Camotra as its Managing Director and Chief Executive, according to PTI report. Camotra has over 25 years of experience across the country in leadership positions at Standard Chartered Bank, ANZ and Citigroup, the bank said in a statement. A graduate from IIT Delhi and an MBA from…
SBI General Insurance Company Limited has announced the appointment of Paritosh Tripathi as its new Managing Director & Chief Executive Officer. He was nominated by the parent company, the State Bank of India for the position and has been appointed w.e.f 5th July 2022. He succeeds P.C. Kandpal, who has been posted as DMD (P&RE) at the…
RBL Bank Limited announced the appointment of R Subramaniakumar as Managing Director and Chief Executive Officer of the bank, with effect from June 23, 2022. According to the bank’s exchange filing, “Further to our communication dated June 11, 2022, we wish to inform you that the Board of Directors at its meeting held on June…
Eureka Forbes announced that Marzin R. Shroff will step down as Managing Director and CEO of the company, effective August, 2022 and will move to a new role as Senior Advisor to both Advent International (Advent) and Eureka Forbes Ltd. (Eureka Forbes). Marzin has led Eureka Forbes through a strong transformative phase, helping to grow…