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Idea Cellular, Vodafone announce proposed leadership team in India

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NEW DELHI: Vodafone Group Plc and Idea Cellular today announced the proposed leadership team of the combined business, which will come into effect after the merger has been completed.

This is in line with the original merger announcement of 20 March 2017, which said that the management team of the combined business would be confirmed prior to closing.

Vodafone and Idea continue to make good progress in securing the required regulatory approvals for the merger, in keeping with the Modi Government’s commitment to improve the ease of doing business in India, and completion is expected to be in the first half of the current calendar year.

The existing leadership teams of Idea Cellular and Vodafone India will continue to manage their separate businesses and be accountable for each company’s operational performance until the merger becomes effective. It is only upon completion of the merger that the two businesses will cease to operate as distinct and competing entities.

Mr Kumar Mangalam Birla will be the Non-Executive Chairman of the merged Company. The composition of the proposed leadership team of the new company is as follows:

· CEO – Balesh Sharma (currently Chief Operating Officer of Vodafone India). Balesh Sharma will be responsible for the combined business’s strategy and its execution as well as driving integration.

The following positions will report to the CEO:

· CFO – Akshaya Moondra, currently Chief Financial Officer at Idea.

· COO – Ambrish Jain, currently Deputy Managing Director at Idea, will be responsible for Circles Operations and Service Delivery.

· Nick Gliddon, currently Director – Vodafone Business Services at Vodafone India, will be responsible for the Enterprise Business.

· Manish Dawar, currently CFO of Vodafone India, will have overall responsibility for integration planning, governance and execution.

· Sashi Shankar, currently Chief Marketing Officer at Idea, will be responsible for Marketing and Brand strategy for the consumer business.

· Vishant Vora, currently Chief Technology Officer of Vodafone India, will have responsibility for networks and overall technology strategy.

· Prakash Paranjape, currently Chief Information Officer at Idea, will be responsible for the company’s IT operations.

· Suvamoy Roy Choudhury, who leads Vodafone India’s Human Resources, will be responsible for the Human Resources function.

· Kavita Nair currently the Associate Director, Commercial Operations, at Vodafone India, will lead digital transformation across all functions.

· Navanit Narayan, currently Chief Service Delivery Officer at Idea, will be in charge of Strategy.

· P Balaji, currently Vodafone India’s Head of Regulatory, External Affairs and CSR, will be responsible for Corporate and External Affairs.

· Kumar Das, currently Vodafone India’s General Counsel, will lead the legal function.

· Rajesh Srivastava, currently Chief Commercial Officer at Idea will hold charge of the Procurement Function.

Anil Tandon and Rajat Mukherjee, currently Head of Technology and Head of Corporate Affairs of Idea will be full time advisers to the merged business in their respective areas of expertise, working closely with Vishant and Balaji, respectively.

Both companies would like to express their immense gratitude to Himanshu Kapania and Sunil Sood for their successful leadership of Idea Cellular and Vodafone India respectively. They will continue in their current roles until such time as the merger completes. The commercial, operational and strategic experience of Sunil Sood and Himanshu Kapania are extremely important to both businesses and their support will be invaluable during the initial phase of the integration once the merger completes. Sunil Sood will join the Vodafone Group AMAP Leadership Team and also help governance through Board memberships. The Aditya Birla Group intends to nominate Himanshu Kapania as non-executive Board member of the merged entity.

Vodafone Group Chief Executive, Vittorio Colao, and Aditya Birla Group Chairman, Kumar Mangalam Birla, said “We are pleased to announce the proposed management team for the new company to be created through the merger of Vodafone India and Idea. The team has extensive operational experience and is an excellent blend of expertise from both companies. We look forward to the completion of the merger and competing as one company in the marketplace.”

Appointments

Bharti Airtel appoints Naval Seth as head of investor relations

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NEW DELHI: Bharti Airtel, India’s leading communications solutions provider, today announced the appointment of Naval Seth as the Head of Investor Relations. In this role, Naval will spearhead Airtel’s representation amongst investors, lenders, equity partners, & financial institutions and will report to Soumen Ray, Chief Financial Officer.

Welcoming Naval to the role, Soumen Ray, Chief Financial Officer, Bharti Airtel said: “We are delighted to have Naval with us. His deep relationships with the investment community, strong subject knowledge in Equity Research and Capital Markets will add immense value to the company as we steer ahead in our growth journey. I wish Naval the very best”

Naval joins Airtel from Emkay Global Financial Services Limited where he was Deputy Head of Research. Prior to that, he had worked with ICICI Securities Limited. Naval brings with him over 14 years of experience in Equity Research and Capital Markets. He has a deep research experience across both B2B and B2C facing businesses along with a trusted relationship with the investment community.

Over the years, Naval has been recognized for in-depth and differentiated research across the sectors- Telecom, Media and Consumer Discretionary. He has also been consistently voted by institutional investors and also ranked in Asia Money polls.

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Asus India hires Tribhuwan Joshi

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NEW DELHI: Taiwanese tech giant – ASUS, today, announced the appointment of Tribhuwan Joshi as Lead – Corporate Communications, PR and CSR, Consumer and ROG PC Business, ASUS India. He will oversee communications and brand reputation practice for ASUS’ consumer, lifestyle, and gaming device segments in the Indian market.

Commenting on the appointment, Paramjeet Singh Mehta, Marketing Head Consumer PC & Gaming, Systems Group at Asus India, said “As we continue to invest in talent, we are focused on identifying and providing opportunities to people where they can have the greatest impact on our business. Tribhuwan is a welcome addition to our team. His rich experience and in-depth understanding will help us in elevating the amazing work that we have been doing across the country.”

Tribhuwan will be driving Integrated Communications Strategy, Reputation Management, Brand Communications CSR Initiatives, Influencer & KOL Management for corporate & consumer campaigns, and drive market-specific campaigns for ASUS India. He has over 15 years of cross-functional experience across corporate and agencies. He has looked after communications strategy for some renowned organizations including Fujifilm India, HTC India, Panasonic India, Anchor by Panasonic, MSL Group India, and Team Orange PR.

On the announcement, Tribhuwan Joshi, Head – Corporate communications, PR and CSR, Consumer and ROG PC Business, ASUS India said, “It has been an absolute delight to have been associated with a robust brand like ASUS, which has been one of the leaders in the technology space. I am thrilled and ecstatic to embark upon this new journey and responsibility. I keenly look forward to working with the leadership team in strengthening the brand and its communications approach, while being devoted to exploring the best for the company’s growth.”

 

 

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Elon Musk ropes in Sriram Krishnan as Twitter’s technology executive

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NEW YORK: Sriram Krishnan, an Indian-American technology executive, is helping out Twitter’s new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur.

Krishnan is a general partner at Silicon Valley venture capital firm Andreessen Horowitz (a16z).

Now that the word is out: I’m helping out @elonmusk with Twitter temporarily with some other great people. I (and a16z) believe this is a hugely important company and can have a great impact on the world and Elon is the person to make it happen, Krishnan tweeted.

Krishnan added that he is still very much in my day job at @a16zcrypto. If you’re a crypto founder, you know how to find me!.

According to his profile on Andreessen Horowitz’s website, Krishnan invests in early-stage consumer startups and serves on the boards of companies Bitski, Hopin, and Polywork.

Prior to joining a16z, Chennai-born Krishnan held numerous senior product roles and most recently, he led core consumer teams at Twitter where he was responsible for products including the home timeline, new user experience, search, discovery, and audience growth, his profile said.

Previously, he created and oversaw various mobile ad products for Snap and Facebook, including Snap’s Direct Response ads business and the Facebook Audience Network, one of the largest networks in display advertising, his profile said. Krishnan started his career at Microsoft where he touched numerous projects related to Windows Azure.

Author of “Programming Windows Azure” published by O’Reilly, he also co-hosts with his wife Aarthi Ramamurthy The Good Time Show’ on Clubhouse, a nightly show through which they interview innovators around tech and culture.

He is an alumnus of SRM Engineering College, Anna University where he did his Bachelor of Technology (B.Tech) in Information Technology, according to his LinkedIn profile.

Last week, Musk completed the USD 44 billion acquisition of Twitter and ousted chief executive Parag Agrawal, legal executive Vijaya Gadde, Chief Financial Officer Ned Segal and General Counsel Sean Edgett.

Musk, according to reports, plans to rethink the company’s content moderation policies and permanent bans for users who previously violated the platform’s policies, including former President Donald Trump, although he said over the weekend that no major decisions have been made yet. He also is reported to be planning large layoffs at the company.

Musk has said the process of gaining a prestigious “blue tick” will be revised. Reports said the firm could start charging USD 20 per month to be verified. Many of Twitter’s most prominent verified users said they would leave if it tried to implement the plan.

Stephen King, an American author, tweeted: “USD 20 a month to keep my blue check? F that, they should pay me. If that gets instituted, I’m gone like Enron.

Hours later, Musk replied to King: We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about USD 8?

A blue tick is currently free and a way of signalling an account is authentic. While there has been no official confirmation of the plan, on Monday Musk appeared to acknowledge the speculation in a new tweet which said: “On no, all our diabolical plans have been revealed!!”

In a separate development, Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts.

The New York Times reported that Musk had ordered major job cuts across Twitter’s workforce.

Citing people with knowledge of the situation, the report said that some managers were being asked to “draw up lists of employees to cut.

The newspaper said the layoffs would take place before November 1, when workers were due to receive grants of shares in the company as a major part of their pay deals. But replying to a Twitter user asking about the report, he said: “This is false.”

The takeover has prompted discussion among Twitter users over what the platform will look like under Musk’s ownership, the BBC said.

Some have voiced concerns that more lenient free speech policies would mean people banned for hate speech or disinformation may be allowed back to the platform.

Source: Press TRust of India

 

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