Top Men on the Move...

Ex-SEBI chief Mehta joins Jain Irrigation board
Jain Irrigation on Thursday said it has appointed D R Mehta, former Chairman of Securities Exchange Board of India (SEBI), as a director of the company.


Ranjit Puri becomes ISMA President
The Indian Sugar Mills Association has got a new head with Ranjit Puri taking over as its President at the industry body's annual general meeting held here recently.
Puri, Chairman of Haryana-based Saraswati Sugar Mills, has succeeded P Rama Babu, Managing Director of EID Parry (India), as the President of ISMA, a release said. ISMA also said Godavari Sugar Mills Executive Director Samir S Somaiya has been elected as Vice-President of the industry body.

SAIL appoints B S Meena as Director
State-owned Steel Authority of India Ltd on Wednesday said it has appointed B S Meena, Additional Secretary & Financial Adviser in the Ministry of Steel, as Director.

J Schubert to step down as Siemens MD; Armin Bruck to takeover
Juergen Schubert will resign as Siemens Ltd’s managing director this month after steering the fortunes of the company for 12 years. Dr Armin Bruck, now director in-charge of energy business, will take charge as the new managing director, the company announced in a statement.

Wipro telecom solutions division gets new head
Wipro Technologies, the global software services business of the IT bellwether, appointed Sudip Nandy as chief executive of its telecom and product engineering solutions division, following the resignation of its president Ramesh Emani, the company said.

NCDEX top brass Narendra Gupta puts in papers
Narendra Gupta, the chief of strategy, at the National Commodities and Derivatives Exchange of India (NCDEX) has put in his papers along with a few other top executives. The head of the spot market at NCDEX, Mukund S Annigeri has also resigned.
Some other key executives are also believed to have quit along with Mr Gupta and Mr Annigeri. One official put the number at about seven. This, however, could not be immediately verified.

Phil Tracy joins Cairn India
Oil exploration firm Cairn India said that Engineering and Operations Director of Cairn Energy PLC Phil Tracy has joined its Rajasthan project board. Cairn India Chief Operating Officer Laurie Smyth would step down as full time director in January 2008. He would retire from his full time employment when his contract expires in April 2008.

Ajai Nigam takes over as Chief Controller of PESO
Ajai Nigam had taken over as the Chief Controller of Explosives, Petroleum and Explosives Safety Organisation (PESO), Nagpur. Nigam has served in various capacities in the Department of Explosives and is currently the Joint Chief Controller of PESO, an official release said here today.

Brajmohan Verma new chairman for JSEB
Brajmohan Verma was appointed as the chairman of Jharkhand State Electricity Board, according to official sources. Verma replaces D N Pandey. Other members of the Board are Shiv Narayan Choudhury (distribution) and Gopinath Munda (technical).
The principal secretaries of the energy department and the financial department would be the other two members, the sources added.

R Pillai is first executive on Reliance Retail board
Reliance Retail's senior executive in charge of operations and strategy, Raghu Pillai, has been inducted onto the company’s board with effect from December 1.
This makes Mr Pillai the first Reliance Retail (RRL) executive to be given a board position. The other three on the RRL board are Reliance Industries chairman Mukesh Ambani, his close associate Manoj Modi and the dean of Kellogg School of Management, Dipak Jain.
At present, Mr Pillai is directly involved with RRL’s initiative in hypermarkets, automotives, home and others. Mr Pillai joined Reliance Retail in March 2006 after a 10-month stint with Kishore Biyani’s Future Group where he was the CEO of Home Solutions, the groups’ home furnishing business.

D K Sarraf is ONGC director of finance
D K Sarraf has joined ONGC as the new director of finance. Prior to this appointment, he held the same position in ONGC Videsh Ltd (OVL), a subsidiary of ONGC.
The position at ONGC has been vacant for a long time since R S Sharma was elevated as chairman & managing director in May 2006.

FM's Advisor resigns ahead of Budget
Ahead of the budget 2008-09, Parthasarathi Shome, Advisor to the Finance Minister, has resigned. Official sources said the resignation has been accepted.
Shome's exit assumes importance as he was essentially a tax expert and was the main think tank on introduction of the Fringe Benefit Tax (FBT) and the Banking Cash Transaction Tax.

Dena Bank appoints M Surya Naik as non-official Director
Public sector lender Dena Bank today said it has appointed M Surya Naik as a non-official Director on the board of the bank.
The Central government has appointed M Surya Naik as the part-time non-official Director on the bank's board for a period of two years, Dena Bank informed the Bombay Stock Exchange.

Nagesh Pinge joins JSW Steel Board
Nagesh Pinge, a veteran in audit and risk management, has joined the board of JSW Steel as an additional director. Pinge's appointment is effective from December 28, 2007, JSW Steel said in a release. Before this appointment, Pinge was working in Reliance Retail as President (Internal Audit & Compliance).

Tata Tele appoints TPS Walia Circle Operating Officer of Punj
As part of its restructuring exercise aimed at realigning the company for future growth, telecom operator Tata Teleservices on Monday announced the appointment of T P S Walia as a Circle Operating Officer for Punjab.
Prior to this, Walia was responsible for the circle operations of UP East as COO, an official release issued here said. Uday Bhansali joins Kotak Mahindra Capital as Executive Director Investment banker Kotak Mahindra Capital today announced the appointment of


Uday Bhansali as Executive Director (Investment Banking).
In his new role, Uday will be responsible for client relationships and will also oversee a team of bankers, Kotak Mahindra Capital said in a release.
He will also drive many of Kotak Investment Banking's International alliances, it said. Prior to joining the Kotak Mahindra group, Bhansali has worked for 20 years with Accenture Ltd, it added

By POST A RESUME (www.postaresume.co.in)

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