Brand Makers – Page 11

United Spirits appoints Praveen Someshwar as MD & CEO

Someshwar has also been appointed as an Additional Director on the Board. (Image: SVP India)

The appointment will be effective from April 1, 2025, for a tenure of five years, subject to shareholder approval.

Vedanta Aluminium appoints Rajiv Kumar as CEO to lead growth and innovation

The board of directors approved Kumar’s appointment following the Nomination and Remuneration Committee’s recommendation. He has also been designated as Senior Management Personnel (SMP) at Vedanta.

Maruti Suzuki India appoints Sunil Kakkar to its board; becomes first Indian to serve as a whole-time director

Kakkar will be responsible for steering Maruti Suzuki’s long-term vision, strengthening localization efforts, and preparing the company for future challenges.

The Board has re-designated Kenichiro Toyofuku from Director (Corporate Planning) to Director (Sustainability).

Bharti Airtel elevates Siddharth Sharma as CEO – Connected Homes and CMO

Sharma’s appointment aligns with Airtel’s strategic vision to enhance its connected home offerings and marketing initiatives.

Sharma, a seasoned telecom and media industry executive with over two decades of experience, previously led Airtel’s Direct-to-Home (DTH) business as CEO.

IndusInd Bank hires global firm to find next CEO and Deputy

The current CEO, Sumant Kathpalia, has been granted only a one-year extension by the RBI, raising concerns about leadership stability at the bank.

IndusInd Bank has not publicly commented on the reports of its CEO search.

Blake Chandlee steps down as TikTok’s Global Business President amid US ban

Chandlee joined TikTok in 2019 after a 12-year tenure at Facebook, where he held key leadership roles, including vice president of global partnerships.

An internal memo confirmed that Chandlee, who oversaw global advertising sales and marketing, will transition into an advisory role.

Saint-Gobain appoints Sreedhar N. as CEO of Asia-Pacific Region

Based in Mumbai, he will remain a member of the Executive Committee of Saint-Gobain.

After serving as Chief Financial Officer of Saint-Gobain for more than six years, Sreedhar N. will assume the role effective April 1, 2025.

Bank of America’s India country head to step down after 15 years

Despite stepping down from the country head role, Kaku Nakhate will continue to play a pivotal part in the firm's India operations. (Image: Fortune India)

Vikram Sahu, currently head of global equity research, will take over as the new India country head, with Kaku Nakhate remaining as CEO of BANA India during the transition.

Samsung mourns loss of Co-CEO Han Jong-hee

A company spokesperson confirmed that Han died in hospital while receiving treatment. Samsung has not yet named a successor.

Last week, Han chaired Samsung’s shareholder meeting, where he and other executives faced tough questions about the company’s failure to capitalise on the AI market, which contributed to its weak stock performance.

EaseMyTrip acquires 49% stake in Big Charter to make luxury air travel more accessible in India

The central agency, reportedly, also conducted searches at the premises of Nishant Pitti, founder and chairman of the online travel booking platform, EaseMyTrip.

According to EaseMyTrip, the proposed acquisition will enable the company to capitalize on high-margin segments like charter services and non-scheduled operator Permit (NSOP) operations