Airtel, Mahindra reshuffle top brass

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New Delhi, Aug 5: Bharti Enterprises, a business group with interests in telecom, retail, financial services, realty and agri business, on Tuesday, put in place a new corporate structure at its apex level to strongly build emerging businesses as well as enhance empowerment to functions and other developed businesses.

Under the new structure, Sunil Bharti Mittal will be the group CEO and chairman, while there would be two vice-chairman and MD posts, held by Rajan Bharti Mittal and Rakesh Bharti Mittal respectively. The company’s group CFO, Akhil Gupta, has been elevated as group deputy CEO and MD while Manoj Kohli has been appointed as Bharti Airtel’s CEO and joint MD. Bharti Airtel is the country’s largest mobile operator.

The office of chairman and the group CEO has been created with the primary focus of seeking growth opportunities, guiding businesses, securing the financial health of the group and developing talent, a company statement said.

Rajan Mittal, who has been elevated as the vice-chairman and MD, will be heading Bharti Retail, a cash-and-carry and realty business. Akhil Gupta, currently the deputy group CEO and managing director, will head the tower infrastructure unit, Bharti Infratel and Bharti’s financial services and software business. He would continue to be on the board of Bharti Airtel. Further in the rejig, the group’s functional directors have been empowered to enable them to shape all businesses at Bharti. The group’s functions would leverage the best practices and synergies to create an environment of partnership and collaboration.

Mumbai, Aug 5

Mahindra & Mahindra (M&M) on Tuesday said that the company has appointed Louis Pereira as the chief executive officer of its automotive arm. Pereira would be at the helm of Mahindra Automotive Limited (MAL), overseeing development of the Chakan plant, which would manufacture new products from M&M and Mahindra Navistar Automotives Ltd.

Among other major appointments, the automobile major named Rajesh Jejurikar as chief of operations, while Rajan Wadhera is the new chief of engineering and development. The appointments are effective from August 1, a company release said.

Jejurikar would be heading end-to-end operations, in addition to his current sales and marketing function and will also oversee its manufacturing business. Wadhera, who will head product engineering and development would also be in charge of materials management function, the release added.