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

All Independent Directors and CFO of Balaji Amines resign

In a surprise announcement, Balaji Amines informed the following – All five independent directors of the Company – Mr. Naveena Thammishetty Chandra, Mr. Kashinath Revappa Dhole, Mr. Satyanarayana Murthy Chavali, Mr. Amarender Reddy Minupuri and Mrs. Vimala Behram Madon have resigned as Independent Directors of the Company from the closing hours on 20th May, 2023; … Read more

Nykaa loses 5 senior employees

Few months back, Nykaa’s CFO had resigned. Now 5 more senior executives of the Company have resigned. Chief Commercial Operations Officer, Manoj Gandhi Chief Business Officer of fashion division, Gopal Asthana Chief Executive Officer of wholesale business, Vikas Gupta Vice President of Nykaa fashion division’s Owned Brands business, Shuchi Pandya Vice President of Finance at … Read more

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

Daughter is new Dior CEO as Arnault tightens family grip on Louis Vuitton

LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family’s grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is moving to replace long-time Louis … 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