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Tata Digital appoints Naveen Tahilyani as CEO, replacing Pratik Pal
Economic Times · 1y ago
Medial
Tata Digital has appointed Naveen Tahilyani as CEO and managing director, replacing Pratik Pal. Tahilyani, currently serving as CEO and MD of Tata AIA Life Insurance, will assume his new role on February 19. The move comes with a mandate to drive Tata Digital's ecommerce unit. Pal will remain at Tata Digital to contribute his experience to the firm, but his exact role has not been specified. Tahilyani was chosen by Tata Sons Chairman N Chandrasekaran for his successful track record in the insurance, banking, and asset management sectors.
ACKO Elevates Sandip Goenka As CEO Of Its Life Insurance Biz
Inc42 · 9m ago
Medial
Sandip Goenka has been promoted to the position of CEO of ACKO's life insurance division. Previously serving as CFO, Goenka will now oversee business and customer strategy, operational efficiency, and financial performance. With previous experience at Exide Life Insurance and Tata AIA Life Insurance, Goenka is well-equipped to drive growth at ACKO Life. Since its establishment in 2016, ACKO has expanded its insurance offerings to include vehicle, health, and travel insurance, serving millions of customers and issuing numerous policies.
CDPQ-backed Edelweiss ARC appoints insider as interim MD and CEO
VCCircle · 4m ago
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Edelweiss Asset Reconstruction Company appointed Mythili Balasubramanian as interim MD and CEO, following RBI approval. Balasubramanian, with over 40 years in banking and insolvency, will serve until September 30. Her appointment comes after the RBI rejected reappointment of former MD and CEO Raj Kumar Bansal. Edelweiss ARC, backed by Canadian pension fund CDPQ, manages Rs 28,000 crore in assets. The company plans to explore international opportunities and potential public listing in coming years.
Noel Tata named new Tata Trusts chairman - Here are 5 lesser-known facts about him | Mint
Livemint · 9m ago
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- Noel Tata has been appointed as the chairman of Tata Trusts, the charitable division of Tata Group. - He is the son of Naval H. Tata and Simone N. Tata. - Noel Tata is currently a trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. - Ratan Tata, Noel Tata's half-brother, passed away recently, leading to the appointment of Noel Tata as the chair of Tata Sons. - Noel Tata has been associated with the Tata Group for over four decades and holds various board positions within the group. - He possesses Irish citizenship and has strong roots in India.
CXO-level shifts rearrange top deck at Indian startups
Economic Times · 1y ago
Medial
In the first half of 2024, several top-level movements were seen in various companies. Naveen Tahilyani became the CEO of Tata Digital, replacing Pratik Pal. Surinder Chawla stepped down as the MD and CEO of Paytm Payments Bank, while Rakesh Singh took over as the CEO of Paytm Money. Ritesh Pai joined PhonePe as the CEO of its international business. In the edtech sector, Arjun Mohan left Byju's India and Byju Raveendran took charge of the company's India operations. Himanshu Bajaj also left Byju's to join Alvarez & Marsal.
SBICAP appoints former SBI executive as MD, CEO
VCCircle · 1y ago
Medial
SBICAP Ventures Ltd, the alternative asset management arm of State Bank of India (SBI), has appointed Prem Prabhakar as its new MD and CEO. In his new role, Prabhakar will be responsible for overseeing the strategic direction, operational efficiency, and overall growth of the company. He brings over 24 years of experience in the banking sector, having previously served as a general manager at SBI. This appointment comes as SBICAP recently launched its Trilateral Development Cooperation Fund in partnership with the Ministry of External Affairs.
Tata Electronics appoints KC Ang as president and head of Tata Semiconductor Manufacturing
Economic Times · 4m ago
Medial
Tata Electronics has appointed KC Ang as President and Head of Tata Semiconductor Manufacturing. With over 30 years of experience in the foundry industry, Ang will spearhead the company's foundry operations, reporting to CEO Randhir Thakur. Previously with Global Foundries, Ang is expected to drive Tata Electronics' growth in the semiconductor sector. Ang, who holds degrees in engineering from National Taiwan University and the University of Texas, brings extensive global experience to his new role.
National Investment and Infrastructure Fund appoints former Actis exec as MD & CEO
VCCircle · 1y ago
Medial
The National Investment and Infrastructure Fund (NIIF) has appointed Sanjiv Aggarwal, former Asia head for energy investments at private equity firm Actis, as its managing director and CEO. Aggarwal will assume his new role on 1 February and take over from interim head Rajiv Dhar. NIIF is a quasi-sovereign fund of the Indian government and focuses on investing in infrastructure and other sectors. Aggarwal's appointment comes after the exit of the former MD and CEO Sujoy Bose, who stepped down in September 2022.
SaaS firm Zaggle re-appoints Godkhindi as CEO, MD
VCCircle · 1y ago
Medial
Fintech startup Zaggle has re-appointed Avinash Ramesh Godkhindi as its CEO and MD. Godkhindi, who has been with Zaggle since 2012, played a crucial role in the company's IPO in September 2023. He has over 20 years of experience in the financial industry and has previously worked with institutions like CitiBank, Barclays, and ING Bank. Zaggle offers an expense management platform to businesses and generated INR 553 crore ($74 million) in net sales in FY23.
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