Bagchi takes over from Kannan at ICICI Pru Life

N. S. Kannan, current MD & CEO of ICICI Pru Life, is retiring on the completion of his tenure on June 18, 2023. He is being replaced by Anup Bagchi, an old hand with the ICICI group since 1992. Anup has extensive experience across domains and is currently the Executive Director of the ICICI Bank. … Read more

In a surprise development, TCS loses it’s star CEO.

In a surprise move, Rajesh Gopinathan announced his resignation from TCS after a 22­ year career; last 6 years as CEO. Rajesh needs no introduction. He is widely known and well respected. The announcement came as a surprise to many as Rajesh was reappointed last year only and had another 4 years of tenure left. … Read more

Tech Mahindra hires New MD CEO from Infosys

Tech Mahindra has appointed Mohit Joshi as MD & CEO w.e.f., December 20, 2023. Mohit is replacing the well respected veteran Mr CP Gurnani, who is retiring. Mohit has a commendable career track – He has been with Infosys for more the 22 yrs and is currently the President, based out of UK He is … Read more

HUL announces new MD & CEO from internal team. Seems normal course.

Rohit Jawa will take over as MD & CEO w.e.f, 27th June, 2023 upto 26th June, 2028, i.e., for 5 years. He will also takeover as President, Unilever South Asia. He is taking both positions from the well respected veteran Sanjiv Mehta Sanjiv served at the position for 10 years, which one can consider to … Read more

Kotak Bank hires an external consultant to help find the CEO

Uday Kotak has been leading Kotak Mahindra Bank (KMB) since its inception as a non-banking financial institution in 1985. It became a commercial lender in 2003.  He has a net worth of about $13.4 billion. Mr Kotak will transition from his CEO position by the end of next year, after central bank guidelines capped tenures … Read more

One more Co-founder resigns at Zomato

Trend of Co-founders and Key Employee resignations continue at Zomato. Mr. Gunjan Patidar, Co-founder and Chief Technology Officer (CTO) at the Company has now tendered his resignation. Gunjan was one of the initial employees of the Company. He had joined in 2008 and built the core tech system of Zomato. Despite being the CTO, he … Read more

An old hand at Indigo resigns

Indigo is never short of news. Promoter’s spat. Staff complaints. And now the veteran, Sanjay Kumar resigns. Sanjay had joined Indigo in it’s earlier days in 2007 as Chief Commercial Officer and was currently the Chief Strategy and Revenue Officer. He is credited with creating Indigo’s mega spider web type of network. In between in … Read more

SBI Card’s Chief Risk Officer resigns

SBI Cards has informed that, it’s Chief Risk Officer (CRO) Ms Aparna Kuppuswamy has resigned from the services of the Company. Reason for resignation – has not been informed. Last date at the Company – February 10, 2023 Any reason for being concerned? CRO is an important position in an NBFC. However, given the overall … Read more

Nykaa’s CFO resigns

In a surprise announcement, Nykaa announced the resignation of it’s CFO Mr Arvind Agarwal. Arvind had joined Nykaa in July 2020. Reason for his resignation – “to pursue other opportunities in the digital economy & start-up space” Who is replacing him – no one has been announced yet. It seems that his resignation has come … Read more