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Goldman's Executive Entwistle Joins Everstone Group As CEO

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India focused PE Fund, Everstone has roped in former Goldman Sachs executive, L. Brooks Entwistle as its new CEO.

The most recent chairman of Goldman Sachs Southeast Asia and CEO of the investment bank's Singapore operations succeeds Dhanpal Jhaveri, who had joined Everstone in 2008.

An A.B. in History from Dartmouth College and an MBA from Harvard Business School, Entwistle joined Goldman in 1989 as an analyst in New York and moved up the ladder to head Southeast Asia Operations.

He set up Goldman Sachs’s wholly-owned India business in 2006 and remained country head until early 2011.

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Bharti Retail names Craig Wimsatt as COO

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Bharti Retail, the privately held arm of Bharti Enterprises Ltd which runs Easyday retail outlets, has appointed Craig Wimsatt as its chief operating officer (COO), The Economic Times reported.

The report did not cite a source and Wimsatt’s LinkedIn profile is yet to reflect his association with Bharti Retail. In February this year, Wimsatt was reportedly appointed as an advisor at Bharti Retail.

In his new role, Wimsatt will report to chief executive Raj Jain, former chief of Walmart in India.

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Avon India appoints R M Sirbu Managing Director

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Avon India, part of global beauty and cosmetics company Avon, today said it has appointed Romulus Marian Sirbu as its Managing Director.

Sirbu's appointment would be effective from July 7, 2014, Avon India said in a statement.

He would be responsible for the strategic growth and sustainable increase of Avon's market share here, it further added.

Sirbu had worked with Avon in central and Eastern Europe for 12 years. Eventually he became Country Manager for Moldova and Serbia and Montenegro and then moved out for a brief period.

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India Infoline Finance appoints Rajashree Nambiar as CEO

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India Infoline Finance (IIFL), an NBFC subsidiary of India Infoline, today said it has appointed Rajashree Nambiar as its Chief Executive Officer.

Prior to joining IIFL, Nambiar was General Manager Retail Banking Products, India and South Asia at Standard Chartered Bank.

She held key positions in India and South Asia and across functions such as sales, product, customer service, distribution, marketing and operations at the bank.

 

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Royal Bank of Scotland names Brijesh Mehra as India Country Executive

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The Royal Bank of Scotland (RBS) today announced the appointment of Brijesh Mehra as the Country Executive for India.

Brijesh is currently the Head of International Banking for India and South East Asia.

As Country Executive for India, in addition to overseeing the bank's risk and governance framework, he will assume overall management oversight for all the businesses of the bank in the country, RBS said in a statement.

He will continue as the Head of the India Coverage business of the newly formed Corporate and Institutional Banking Division, which includes Debt Financing, Transaction Services and Risk Management.

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SBI appoints B Sriram, VG Kannan as managing directors

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State Bank of India (SBI) on Thursday said it has appointed B Sriram and VG Kannan as managing directors and group executives.

Both come to SBI from Group associates, where they held senior positions. Sriram, previously MD of State Bank of Bikaner and Jaipur, will be handling international banking, while Kannan, who was MD and CEO, SBI Capital Markets, will be looking after SBI associates and subsidiaries division.

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K Rathnam is new MD of Amul Dairy

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Kaira District Cooperative Milk Producers’ Union Limited in Anand popularly known as Amul Dairy, has appointed K Rathnam as its new managing director.

Post the exit of former managing director Rahul Kumar Srivastava after a 22-year stint, the dairy on Tuesday named Rathnam, who has spent nearly 20 years with Amul Dairy in various capacities, as Kumar’s successor.

Ratnam holds a doctorate in food and nutrition, and had joined Amul in 1995 as deputy manager (product development). After a brief stint with a multinational firm as country head of quality assurance, he joined back Amul as general manager in the year 2007.

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Arijit Basu takes over as new MD & CEO of SBI Life Insurance

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SBI Life Insurance, the country's largest private life insurer, has appointed Arijit Basu as managing director (MD) and chief executive officer (CEO) of the company, as per a release.

Basu, who started his career with State Bank of India (SBI) in 1983, takes over the role of Atanu Sen who retired on July 31, 2014.

He has over three decades of experience in the banking sector and has held several key positions in various circles of SBI including the bank’s office at Tokyo.

He has also served as general manager at the bank’s Mumbai circle and the mid corporate group at Ahmedabad among others. Before joining SBI Life Insurance, he was SBI’s chief general manager of the Delhi Circle.

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Bharti Realty appoints S K Sayal as Managing Director and CEO

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Bharti Enterprises firm Bharti Realty today appointed S K Sayal as Managing Director and CEO.

Sayal will be responsible for conceptualising and implementing a scalable business strategy and providing overall leadership to the business, the company said in a statement.

Additionally, he will explore and seek new business opportunities via joint development models to scale the realty business to the next level of growth, it added.

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Apollo Tyres appoints Seshu Bhagavathula as Chief Technology Officer

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Apollo Tyres today said it has appointed Seshu Bhagavathula as the Chief Technology Officer (CTO) of the company.

Bhagavathula, who will be based out of the company's Global R&D Centre in the Netherlands, will spearhead the global initiatives for the company for product development in both passenger and commercial vehicle tyres.

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Sameer Garde appointed Philips Healthcare South Asia President

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Philips India on Tuesday appointed Sameer Garde as President of Philips Healthcare, South Asia.

In his new role, Sameer will be responsible for driving and building the healthcare business for Philips in India, Philips India said in a statement.

He replaces Krishna Kumar who continued to lead Philips Healthcare business following his appointment as Vice-Chairman and Managing Director, Philips India in December 2013.

 

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Balaji Telefilms appoints Sameer Nair as Group CEO

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Television and motion picture content producer Balaji Telefilms today said it has appointed Sameer Nair as Group Chief Executive Officer (CEO).

Prior to joining Balaji Telefilms, Nair was associated with Star Network as Chief Operating Officer and CEO, and more recently was the CEO of NDTV Imagine.

"Sameer brings with him immense and diverse experience in the media and entertainment industry and an acknowledged record of content innovation, business leadership besides being an excellent resource unifier," Balaji Telefilms Managing Director Shobha Kapoor said in a statement.

 

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