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Suprakash Chaudhuri appointed MD, SAP (India & Subcontinent)

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SAP has appointed Suprakash Chaudhuri as Managing Director, SAP India & Subcontinent. Chaudhuri will be responsible for all market-facing activities, customer operations and sales, consulting, partner ecosystem expansion, and marketing.

“The SAP leadership team expressed great appreciation for the business and market leadership Suprakash provided as the acting MD for SAP India since Q32012,” said Steve Watts, President, SAP Asia-Pacific Japan. “India with over 4,900 customers has become one of the best performing businesses. Suprakash, in his new role as MD, will continue to drive SAP’s strategic innovation roadmap and shape and sustain our industry leadership position in India.”

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Wipro appoints Puneet Chandra as Chief Marketing Officer (IT)

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Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Ltd. (NYSE:WIT) today announced the appointment of Puneet Chandra as Chief Marketing Officer, IT Business.

Puneet will report to Shaji Farooq, Senior Vice President, Advanced Technologies, Global Alliances and Go-to-Market Transformation, Wipro Technologies.

Commenting on his appointment, Shaji Farooq said, “Puneet has an excellent track record of building and scaling businesses. His multi-disciplinary experience in global markets and cross-sectoral industry knowledge will play a crucial role in defining our marketing strategy, in line with the transformation agenda for our customers.”

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PXIL ropes in M G Raoot as chief executive officer

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NEW DELHI, : Power Exchange India Ltd (PXIL) has appointed M G Raoot as its Managing Director and Chief Executive Officer following the departure of incumbent Rupa Devi Singh.

Raoot is currently the MD and CEO of National Power Exchange — an electricity bourse promoted by the state-run NTPC, among others — which is yet to start operations.

PXIL and Indian Energy Exchange (IEX) are the only two operational power bourses in the country.

In a statement today, PXIL said Raoot has been appointed to its board.

Till he takes over, the exchange’s CFO and Company Secretary Pawan Agarwal would serve as the interim CEO.

PXIL, which is going through challenging times, said that Rupa Devi Singh has stepped down due to personal reasons.

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KPMG appoints Ambarsih Dasgupta as head of management consulting in India

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KOLKATA: KPMG has appointed Ambarish Dasgupta, ex-consulting leader of PwC, as head of management consulting in India. Mr Dasgupta who joined KPMG on Monday spent 15 years at PwC India and was also a member of the India Leadership Team.

Commenting on his appointment, Richard Rekhy, Chief Executive Officer, KPMG in India said, "I am pleased to welcome Ambarish at KPMG. He is an industry veteran, with a deep experience across sectors within the management consulting domain. I am confident Ambarish's inclusion in the team will strengthen our commitment to provide best in class services to our clients."

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Russell Parera, former KPMG India CEO, joins Price Waterhouse

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Former KPMG India CEO Russell Parera is joining Price Waterhouse where he will lead client service to selected customers in India and Assurance markets and Industries initiative in the PW India Network Firms.

"Russell Parera is joining Price Waterhouse, one of the PW India Network Firms," the company said in a statement. 

Based in Mumbai, Russell will lead client service to selected clients in India and also lead the Assurance Markets and Industries initiative in the PW India Network Firms, it added.

"We are delighted to have Russell join our Assurance Leadership Team and are looking forward to sharing his extensive experience. Russell's diverse experience will greatly complement our network of audit firms in India to deliver the high quality of services to the clients," PwC network of entities in India Chairman Deepak Kapoor said. 

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Mahindra Satyam appoints Manoj Chugh as global business development head

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IT services company Mahindra Satyam, today announced the appointed Manoj Chugh, as Global Head for Business Development. In the new role Chugh will be supporting the integrated entity’s business expansion plans across accounts and geographies. According to Chugh's LinkedIn profile prior to his new role at Mahindra Satyam, Chugh was the Regional President, Global Accounts-APJ at EMC.

The company said Chugh's experience in areas such as dealing with complex multi-player deals, launching and developing new services and products will help propel Mahindra Satyam – Tech Mahindra combine to emerge as the market leader in the chosen areas.

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US pharma major Mylan Inc appoints Rajiv Malik on board

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 HYDERABAD: US pharma major Mylan Inc today appointed Rajiv Malik, former Chief Executive Officer of city-based Matrix Laboratories, on its board.

Malik, currently Mylan's president, responsible for the company's operations, played a significant role in leading the integrations of Mylan and Matrix, according to a statement issued by Mylan.

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One97 appoints Raj Ahuja as CFO, expands Board

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One97 Communications, a mobile Internet company, has appointed Raj Ahuja as its Chief Financial Officer.

Previously, Ahuja was Executive Vice-President of finance with Star India. With over 21 years in the industry, Raj has been General Manager Business Finance with Wipro and Director, Finance and Operations at NXP.

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Bessemer Venture Partners promotes Subramanya S.V. to managing director

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Mumbai-based venture capital firm Bessemer Venture Partners (BVP) has promoted Subramanya S.V. as managing director. He had joined the firm’s Bangalore office back in 2007 as a director.

“Subu’s leadership skills, knowledge of the business landscape in India and his strong investments in consumer and technology startups will position him to grow BVP’s business in the coming years,” said Ed Colloton, a partner at the firm’s Menlo Park (California) office and chairman of its investment and management committees.

At BVP, Subramanya focuses on investments in technology & consumer businesses and is closely involved in the firm’s investments in IL&FS Transportation Networks, Palogix Infrastructure, Tulip Telecom, Anantraj Industries and Riddhi Siddhi Gluco Biols, among others. He holds a bachelor’s degree in Computer Science & Engineering from Mysore University and an MBA from the IIM – Ahmedabad.

Subramanya started his career as a programmer with Wipro Technologies and prior to joining BVP, he had worked with Avendus Capital where he advised companies on private equity transactions and mergers & acquisitions. He had also worked with KPMG.

BVP, which focuses on startup, seed, late-stage and growth capital transactions in India, has invested in more than 24 companies since 2004.

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Espirito Santo Securities India to start operations in India; appoints George Mathew as head

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Espirito Santo Securities India (Ellis), a part of the Espirito Santo Investment Bank (ESIB) - an international investment banking and securities firm -has decided to start its investment banking business in India. The firm has appointed George Mathew to head IB with a mandate to build its Indian team.

The bank, with Burman family is a investor, will help Indian companies to purchase companies in emerging markets such as Brazil and Africa and raise money both in India and overseas.

'"The appointment highlights our commitment to grow in India while leveraging our global reach,'' said Nick Paulson-Ellis, CEO - India. George, a management grad has been with local domestic bank Edelweiss Capital since 2000, will report to Paulson.

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Kimberly-Clark Lever appoints Calvin Lyngdoh as the new HR head in India

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NEW DELHI: FMCG firm Kimberly-Clark Lever has appointed Calvin Lyngdoh as director, HR for its Indian operations, the company said in a statement.

Lyngdoh joins Kimberly-Clark Lever from Nokia where he was head of development, leadership and talent acquisition, responsible for streamlining and expanding the sales and marketing team.

In his new role, Lyngdoh will oversee Kimberly-Clark Lever's signature human resource programmes and initiatives in India and will report to managing director Prakash Iyer. Kimberly-Clark has a 50:50 joint venture with Hindustan Unilever in India.

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Manveen Pam Kaur to takeover as HSBC Internal Audit Head

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Indian-origin Manveen Pam Kaur will takeover as the Internal Audit head of global banking major HSBC from April.

The appointment comes amid the HSBC looking to strengthen its capabilities and enforce the highest standards with regard to combating financial crimes. In December, HSBC had agreed to pay USD 1.92 billion to American authorities to settle alleged violations of money laundering, terror-financing and sanction laws.

HSBC today said 49-year-old Kaur would assume charge as Group Head of Internal Audit and a Group Managing Director with effect from April 1.

"She will join the Group Management Board and report to Stuart Gulliver, Group Chief Executive, and to the Risk and Audit committees of the HSBC Holdings plc Board," it said in a statement.

Kaur would succeed Paul Lawrence, who has decided to retire from HSBC after 31 years of service. She joins HSBC from Deutsche Bank, where she has been Global Head of Group Audit since 2011.

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