8 top Indian firms that welcomed new chiefs in 2017
NEW DELHI: One other new yr arrives with a variety of promise for the market and buyers. As we bid a farewell to 2017, it is time to take a look on the prime tier switch of bosses which in some ways may steer Indian financial system to heights in 2018. Here’s a record of eight distinguished Indian company executives who have been elevated as chiefs this yr:
Salil Parekh (Infosys)
Salil Parekh assumed the helm of the nation’s second largest IT providers agency Infosys in December after the corporate confronted a churn following the sudden departure of Vishal Sikka as MD & CEO. The corporate roped within the 53-year- previous who’s Mumbai-based and was a member of the Group Government Board at French IT providers firm Capgemini.
Rajnish Kumar (SBI)
Rajnish Kumar was elevated to the put up of Chairman of the most important public sector financial institution of the nation, State Financial institution of India in October, changing Arundhati Bhattacharya. One of many greatest problem Kumar faces are the massive non-performing belongings that the nation’s greatest lender has amassed.
Natarajan Chandrasekaran (Tata Sons)
N Chandrasekaran, who was the CEO and managing director of TCS since 2009, was promoted because the chairman of Tata Sons on the age of 53. Chandrasekaran has been working in TCS for nearly three many years. The put up which was mendacity vacant for the reason that unceremonious exit of Cyrus Mistry in October 2016, was taken by Chandrasekaran in February this yr.
Rajesh Gopinathan (TCS)
Rajesh Gopinathan took over because the chief government of TCS, the most important income generator of Tata Sons. He had joined TCS in 2001. He held necessary positions and went on to turn out to be the vp of enterprise finance. Analysts consider Gopinathan was promoted at a time when the Indian IT trade had been rocked by main lay-offs within the face of automation.
S N Subrahmanyan (
S N Subrahmanyan succeeded A M Naik who was on the helm of Larsen & Toubro for practically twenty years. Popularly referred to as SNS, former deputy MD and president, at 54 took over India’s largest infrastructure engineering firm. He has managed main airport contracts for L&T, each in India and abroad.
Sanjiv Puri (ITC)
FMCG big ITC which can also be the most important producer of cigarettes, elevated senior vice chairman Sanjiv Puri to the CEO’s put up in February. Puri who took over on the age of 54, has been part of the Kolkata-based firm for greater than three many years.
Sanjiv Singh (IOCL)
Sanjiv Singh was appointed because the chairman and managing director of Indian Oil Company Restricted, the most important gasoline retailer and largest public enterprise within the nation. The 58-year- previous chemical graduate has held totally different positions in IOC since 1981. Moreover engaged on Deputation for Nigeria’s Nationwide Petroleum Firm, Singh has lead an knowledgeable crew from the IndianOil to KNPC (Al-Ahmadi Refinery) in Kuwait to help in lowering their turnaround time within the Fluid Catalytic Cracker (FCC) unit.
Kalyan Krishnamurthy (Flipkart)
Kalyan Krishnamurthy, at 44, took over from Binny Bansal as Flipkart CEO in January. He beforehand labored as managing director of Flipkart earlier than he switched to New York-based Tiger International. His expertise are anticipated to assist in the revival of certainly one of India’s largest e-commerce retailer.