Bharti Airtel India CEO Sanjay Kapoor quits

Written by fe Bureau | New Delhi | Updated: Jan 16 2013, 06:12am hrs
Bharti Airtels CEO (India and South Asia) Sanjay Kapoor has put in his papers and will be leaving the company on February 28 after a stint of 15 years. With Kapoors exit, Bharti has effected an organisational restructuring wherein Gopal Vittal, who rejoined the company in April 2012 as group director (special projects) will take over as CEO (India). He will report to Bharti Airtel chairman and managing director Sunil Mittal. The South Asia operations comprising Bangladesh and Sri Lanka will report to the CEO (International), Manoj Kohli from March 1, the company said in a statement on Tuesday. Before rejoining Bharti, Vittal had a long stint with FMCG major Hindustan Unilever.

Kapoor will, however continue his association with the Bharti group as a director on the board of Indus Towers and Bharti Global. To ensure a smooth transition process, he will be available to assist the management on key matters until March 31, 2013, the statement said.

Kapoor was elevated as the CEO of India and South Asia in February 2010 after Manoj Kohli moved into a new role of head, international markets. Later that year, when Bharti acquired the African operations of Zain, Kohli started overseeing them.

Vittal shoulders the responsibility of growing mobile market share and margins as also alternate revenue streams including 3G, data, Airtel money and value added services.

Meanwhile, sources said that Vineet Taneja, who is operations director, South India and Sri Lanka has also put in his papers and is joining Samsung.