Angel One appoints a fintech veteran as CEO

Angel One Appoints Ambarish Kenghe (AK) as Group Chief Executive Officer AK is currently Vice President and General Manager at Google Pay APAC. He was instrumental in scaling Google Pay’s in India. He also had a key role in the launch of Chromecast and Google TV’s development. Before Google, AK had served as Chief Product … Read more

Kotak’s CTO steps down

Milind Nagnur, Chief Technology & Operations Officer at Kotak Mahindra Bank (KMB) has resigned. He is not an old timer and had joined the bank only couple of years bank in August 2022. Reason for resignation is cited as personal reasons (to move back to US to care for the family members). Resignation is effective … Read more

Punit Goenka steps down as MD. Will continue to be the CEO.

Zee never surprises you and is always very creative in decision making – especially related to it’s founder management. Founder family continuing to control the operations despite owning just 3.99% of the Company has been a significant point of concern for the investors. Punit Goenka, the MD and CEO, 10 days before the shareholders’ meeting … Read more

SEBI directs Embassy to suspend the CEO

In an unusual directive, SEBI asked Embassy Office Parks Management Services, the manager of Embassy REIT, to suspend the CEO Aravind Maiya through an interim order. The regulator also told the Embassy to immediately appoint an interim CEO. The directive came in the wake of concerns about Maiya’s professional background following an investigation by the … Read more

Nestle announces new MD

Mr Suresh Narayanan, the current CMD of Nestle India will retire on July 31, 2025. The Company has informed that Manish Tiwary, the Country Manager of Amazon India will take over from Suresh w.e.f August 1, 2025. Before joining Amazon in 2016, Manish had a 20 year career at Unilever, where he held roles in … Read more

Poonawalla hires a veteran MD & CEO

Poonawalla Fincorp (PFL) has announced hiring of HDFC veteran, Mr. Arvind Kapil as MD & CEO of the Company. Arvind is currently the Country Head Mortgages at HDFC Bank and has been with the group for 25+ years. He played a key role in HDFC’s mega merger and now handles a mortgage book of over … Read more

ICICI Lombard promotes Sanjeev Mantri as MD & CEO

Bhargav Dasgupta, the current MD & CEO has resigned and will hold office till November 30, 2023. He is joining as Vice President of the Asian Development Bank. Sanjeev Mantri is also an ICICI veteran and has been with the group for more than 20 yrs across businesses. Prior to ICICI, he had spent 8 … Read more