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News on Medial
KKR appoints former CIA director and US army general as Middle East chairman
VCCircle
·
5m ago
Medial
KKR has appointed retired US Army General and former CIA Director David Petraeus as chairman of its Middle East operations, enhancing its regional presence. Petraeus will use his extensive knowledge and relationships to bolster KKR's initiatives. Additionally, a new investment team led by Julian Barratt-Due will focus on opportunities in the Gulf Cooperation Council countries. These strategic moves signify KKR's commitment to the Middle East's growing economic landscape, marked by reforms and pro-investment policies.
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Fasanara Capital appoints former Shuaa Capital CEO to lead MENA expansion
VCCircle
·
4m ago
Medial
Fasanara Capital, a global investment management firm, has appointed Fawad Tariq-Khan as its managing director for Middle East operations. Tariq-Khan, formerly the CEO of Shuaa Capital, will lead Fasanara's expansion in the MENA region from Abu Dhabi, deploying its asset-backed finance strategies. With $4.5 billion assets under management, Fasanara offers fintech-originated asset-based lending. Tariq-Khan aims to leverage Fasanara's capabilities in private lending to benefit Middle Eastern businesses.
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Unicommerce appoints two senior directors to head marketing & India sale
YourStory
·
11m ago
Medial
Unicommerce, an e-commerce enablement platform, has hired Pranay Kale as Senior Director and Head of India Sales, and Vaibhav Mehrotra as Senior Director of Marketing. Both bring extensive experience in the SaaS sector and will contribute to driving sales growth and expanding the company's market presence. Unicommerce, which serves over 3,600 clients across India, the Middle East, and Southeast Asia, recorded a 31.1% YoY increase in net profit in Q1 FY25 and a 9.2% YoY increase in total revenue.
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Meesho appoints three independent directors
Entrackr
·
1y ago
Medial
E-commerce firm Meesho has appointed Jubilant Bhartia Group founder Hari S Bhartia along with three other seasoned business leaders as independent directors. Along with Bhartia, Meesho has onboarded former JP Morgan Chairman Kalpana Morparia and PhonePe non-executive Chairman Rohit Bhagat to its board of independent directors. Bhartia is also the co-chairman of Jubilant Ingrevia Ltd and Jubilant FoodWorks Ltd, the master franchisee of Domino’s Pizza and Dunkin’ Donuts restaurants in India. Before serving JP Morgan, Morparia was at ICICI Bank. In May, Meesho appointed Surojit Chatterjee as an independent director to its board. The development comes at a time when Meesho is in the process of moving its domicile to India from the US. Meesho recently announced an employee stock ownership plan (ESOP) buyback program of Rs 200 crore (approximately $25 million), making it the company’s largest ESOP buyback pool to date.
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Sona Comstar appoints Sunjay Kapur's wife Priya Sachdev as non-executive director
Economic Times
·
1m ago
Medial
Shareholders of Sona BLW Precision Forgings Ltd approved Priya Sachdev Kapur's appointment as a non-executive director. Priya, widow of the late chairman Sunjay Kapur, was initially appointed as an Additional Director on June 23, 2025. The appointment was confirmed at the annual general meeting on July 25. Rani Kapur, Sunjay's mother, objected to the timing, alleging that it was conducted during a period of family grief, but the AGM proceeded legally.
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Insurance broker Howden appoints new India MD, M&A head
VCCircle
·
4m ago
Medial
Insurance broker Howden has appointed Mandira Gupta as the new Managing Director for India and Head of Mergers and Acquisitions for India, Middle East, and Africa. Gupta, formerly with Marsh India, brings over two decades of expertise in M&A insurance and investment banking. She will focus on private equity and transactional risk insurance solutions at Howden. Howden India, established in 2004, operates under the UK-headquartered Howden Group.
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KKR Appoints Nisha Awasthi as Head of Office, Expands Operations In India
OutlookIndia
·
1y ago
Medial
Global investment firm KKR is expanding its operations in India with the opening of a new office in Gurugram. This move will enable KKR to tap into India's talent pool and strengthen its operating model globally. The firm plans to hire approximately 150 new employees in Gurugram by early 2024. Nisha Awasthi has been appointed as the managing director to lead the new office. KKR aims to deliver consistent service and coverage to its clients worldwide through this expansion.
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Navi Finserv appoints ex-RBI director Anil Misra as non-executive Chairman
YourStory
·
1y ago
Medial
Former Executive Director of the Reserve Bank of India (RBI), Anil Kumar Misra, has been appointed as the non-executive Chairman of Navi Finserv Limited. Misra will join as the Executive Chairman while Sachin Bansal will continue as CEO. With extensive experience in overseeing banking and non-banking financial institutions, Misra's appointment is expected to strengthen Navi Finserv's focus on governance and long-term growth. Commenting on the addition, Bansal expressed excitement and emphasized Misra's expertise in financial services. Misra has also served on the boards of significant banks, including Punjab National Bank and Union Bank of India.
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OpenAI adds US National Security Agency ex-head Nakasone to board
Inshorts
·
1y ago
Medial
OpenAI has appointed retired US Army General and former National Security Agency head Paul M Nakasone to its board of directors. Nakasone will join the board's Safety and Security Committee, which was formed in May. The committee is responsible for making recommendations on critical safety and security decisions for all OpenAI projects.
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Paytm appoints gulf fintech veteran to run middle east biz
YourStory
·
3m ago
Medial
Paytm's parent company, One97 Communications Ltd, has appointed Ramana Kumar as CEO for its Middle East operations to drive international expansion amidst heightened competition in India. With over 20 years in the Gulf banking and fintech sectors, Kumar will lead Paytm’s growth in the UAE and the broader Middle East. The company aims to leverage its India-refined technology to cater to increasing digital payment demands and achieve international scaling beyond its home market.
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BluSmart Appoints Rupa Devi Singh As Independent Director
Inc42
·
10m ago
Medial
BluSmart, the electric vehicle ride-hailing platform, has appointed two independent directors to its board. One of the directors is Inderpreet Singh Wadhwa, the former chairman and CEO of Azure Power. The other director is an industry veteran with 15 years of experience in banking and infrastructure advisory. She has previously held directorship roles at IDBI Capital Markets Ltd, ACME Solar Ltd, and DCB Bank Ltd.
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