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Tag: new appointment

  • IKEA India on boards Murali Iyer as chief financial officer

    IKEA India on boards Murali Iyer as chief financial officer

    Mumbai: Swedish home furnishings retailer IKEA has appointed Murali Iyer as its new chief financial officer for its India business. He will be part of the IKEA India leadership team reporting to the CEO and chief sustainability officer Susanne Pulverer.

    Murali takes over from Preet Dhupar who has moved into a global role within Ingka group which is the parent company of IKEA.

    In the new role of chief financial officer, Murali will lead IKEA India’s CFO function with purpose towards profit, leading the finance controlling, business navigation, legal, tax, customs, and business risk & compliance teams.

    Murali brings with him over 22 years of successful track record in financial leadership, having worked with the Volvo Group in India and Sweden in multiple roles. With a keen business acumen and curiosity to learn, his experience across geographies and cultures has enabled businesses to overcome challenges for an inclusive growth.

    Commenting on his appointment Murali Iyer, said, “I am excited to begin my journey in IKEA India and contribute to its ongoing growth journey. We are focusing on our priority markets and building a strong home furnishings foundation through our omnichannel expansion to be more accessible, affordable, and sustainable for the many people.”

  • SBI General Insurance ropes in Paritosh Tripathi as the new MD & CEO

    SBI General Insurance ropes in Paritosh Tripathi as the new MD & CEO

    Mumbai: SBI General Insurance Company 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. He officially took in-charge of the position from 5 July 2022. 

    He succeeds P.C. Kandpal, who has been posted as DMD (P&RE) at the corporate center, State Bank of India. He is now in-charge of the SBI General Insurance’s overall business strategy & growth, operations, budgets, and strategic growth.

    Tripathi brings with him over 32 years of rich and diverse banking experience. In the first half of his banking career, he had worked primarily in the MSME and mid-corporate segment, whereas in the latter part of his career he primarily worked in International Banking and Bancassurance.

    Before joining SBI General Insurance, he was the GM operations, Internal Banking Group with State Bank of India and was also on the Board of Sterling Bank, Nigeria and SBI Canada. From 2017 to 2020, he was Head Bancassurance, firstly with SBI Mutual Fund and then with SBI General Insurance. Prior to that, he was Head FI Relationship (East Asia) in Hong Kong and CEO SBI DIFC Branch in Dubai. Before taking up these international roles, he was with SBI Delhi Circle where he handled various assignments in the bank.

  • JK Tyre & Industries onboards Anuj Kathuria as president

    JK Tyre & Industries onboards Anuj Kathuria as president

    Mumbai: JK Tyre & Industries Limited has appointed Anuj Kathuria as president (India). In his new role, Kathuria will report to JK Tyre & Industries chairman and managing director Raghupati Singhania and managing director Anshuman Singhania.

    Kathuria brings with him 31 years of rich experience, having worked in senior management positions in leading and reputed auto companies like Ashok Leyland and Tata Motors. In addition, he has also worked overseas in the auto sector, in senior management positions.

    An engineer and a post graduate in marketing & finance, he is a Harvard Business School alumni. Welcoming him onboard, JK Tyre chairman and managing director Dr Raghupati Singhania said “I am sure that Kathuria will provide adept leadership and lead JK Tyre on a new growth trajectory”. 

  • Titan appoints Ashok Sonthalia as CFO, Swadesh Behera as chief people officer

    Titan appoints Ashok Sonthalia as CFO, Swadesh Behera as chief people officer

    Mumbai: Tata group-owned Titan Company on Thursday announced the appointment of Ashok Kumar Sonthalia as its new chief financial officer. He will be responsible for the company’s overall finance and accounts functions, it said in a statement. The watches and jewellery maker also announced Swadesh Behera as the chief people officer of the company.  Both appointments are effective from 1 July, it added.

    In his most recent role, Sonthalia worked as a chief financial officer at Larsen & Toubro Infotech. He has also worked in senior positions at Greaves Cotton Ltd, Tata Chemicals, and Tata Steel.

    Commenting on his appointment, Sonthalia said, ”It’s an absolute honor and privilege to be a part of Titan, a company I have long admired for evoking trust and transforming consumer retail experience in India. I am looking forward to working with the team here on executing its strategic growth plans in India as well as in select international markets. Its philosophy of creating value for all its stakeholders will remain central in all our endeavours.”

    Sonthalia is a chartered accountant with around 30 years of experience in areas of strategic financial planning, business development, M&A, treasury, finance, and accounts in diverse industry verticals in multi-cultural and multi-national environments.

    Behera was previously associated with Boston Scientific Corp as senior director-HR. His past professional stints also include Ranbaxy, Coca Cola, MSD, and Tata Steel. He has extensive change management experience which encompasses setting up Greenfield operations, building capability, talent acquisition during high growth phases of business.

    Behera shared, “Delighted to join Titan and be a part of a leadership team which truly believes in putting people first in everything they do, where employee care and happiness is valued as much as the business growth. Looking forward to working with the team whose continuous endeavour has been to build a strong leadership pipeline, future capabilities, an inclusive culture to propel the growth aspirations and making Titan as an employer of choice.”

  • MEC appoints Marie-Claire Barker as global chief talent officer

    MEC appoints Marie-Claire Barker as global chief talent officer

    MUMBAI: MEC, www.mecglobal.com, today announced the appointment of Marie-Claire Barker as its first global chief talent officer. 

     

    She will work with the agency’s global CEO Charles Courtier with the aim to discipline leaders and people and culture teams around the world, to deliver a consistent talent strategy and approach as to how MEC attracts, evaluates, motivates and grows their people.

     

    Talking about her new responsibility, Barker said, “I want to be in a business with a palpable culture.  MEC’s talent manifesto, which encourages each employee to thrive within the context of work, is something that really intrigues me.”

     

    “I have a strong desire to change the face of talent management in our industry, so operating in an environment that encourages uniqueness and innovation in a culture where employees feel there are no barriers to reaching their potential is what has drawn me to MEC,” she added.

     

    Barker previously worked with Ogilvy Group for six years where she worked as chief talent officer, responsible for driving and delivering talent strategy for their 22,000 staff, globally. 

     

    Commenting on the appointment Courtier said, “Marie-Claire has an absolute passion for the growth and development of people, and I know that she’s looking forward to working with MEC leaders to drive a culture where each employee is able to contribute in a meaningful way to improve business results, and reach their own personal potential.”

  • Quikr gets a new CMO in Vineet Sehgal

    Quikr gets a new CMO in Vineet Sehgal

    MUMBAI: After receiving Rs 365 crore funding earlier this month, the online classified company Quikr announced the appointment of Vineet Sehgal as the company’s chief marketing officer. He will be responsible for marketing strategy and plan across all areas including brand building, performance marketing, partnership and alliances at the portal.

     

    Quikr founder and CEO Pranay Chulet said, “We are delighted to welcome Vineet to Quikr. Quikr is made in India and for India, and Vineet has built his career scaling consumer businesses in the country so there was natural chemistry here.”

     

    “Vineet also knows the Indian consumer and he knows the Indian consumer on mobile. His arrival was particularly well timed with our own plans, as the fun is just beginning,” he added.

     

    Beginning his career in consumer marketing with Nestle, Sehgal headed Nokia’s programs and planning portfolio before joining Quikr. He also founded the Nokia Money start up team and drove its growth from conception to market roll out and held large scale launches of some of the most used mobile devices in India.

     

    With more than 18 years in marketing and business strategy, Sehgal has worked across diverse industries such as telecommunication, FMCG, banking and management consulting. He has been associated with brands including Nokia, Nestle, Accenture, Cadburys and HSBC.

     

    Sehgal said, “It is a pleasure to have the opportunity to join Quikr which is writing such an interesting chapter of the Indian internet story.  Quikr’s business is growing exponentially and its super exciting for me to be a part of this growth curve. I look forward to further building the company as the Indian internet becomes more and more synonymous with mobile internet.”

     

    Quikr records 30 million users a month across 940 cities in India and so far has received funding of around Rs 1,300 crore since its inception in 2008.

  • Sreekumar Balasubramanian joins Publicis Capital as senior VP

    Sreekumar Balasubramanian joins Publicis Capital as senior VP

    MUMBAI: Sreekumar Balasubramania, who has 19 years of experience in global marketing communications companies, has been appointed as Publicis Capital senior vice president.

     

    Balasubramanian will report in to the Publicis Capital CEO Hemant Misra.

     

    Misra said, “It’s great to have Sree in our team. His mandate will be to focus on maintaining our high standards on existing businesses as well as on new business development.”

     

    Before joining Publicis, Balasubramanian worked with W+K as Head Account Management. He also worked with other eminent agencies including Leo Burnett, Lowe, Rediffusion, Dentsu Communication among others.

     

    On his appointment Balasubramanian said, “It is always important for people to get out of their comfort zones and face new challenges and Publicis has provided me that opportunity.”

     

    “I see exceptional potential for leveraging their credentials on existing business and for growth. I look forward to being a part of this endowed team,” he added.

     

    Balasubramanian has worked on categories like food and beverages, automotive, telecom, retail and services including brands like Thums Up, Maaza, Minute Maid, Coke Studio, Eristoff vodka, AirTel, Telenor Pakistan, Matrix Cellular, Toyota Kirloskar Motors, Audi India etc.