C-suite movements

Key recent C-suite movements to watch

by | Dec 11, 2020 | C-Track

Here is a quick update on the key recent C-suite movements in the areas of information security and information technology in India.
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Here is a quick update on some key recent C-suite movements in the information technology and information security technology areas in India.

11 December 2020 Update

Jagdip Kumar roped in by Lohia Group as CIO

Jagdip Kumar, General Manager, IT, left Cosmo Films to join Lohia Group as CIO. In this new position, Kumar will lead the digital transformation efforts of the Lohia Group.

Lohia Group is a diversified manufacturing company that produces various products such as flexible packaging, threads, plastic components for automobiles and machines.

Kumar has over 19 years of experience and has earlier worked with AMW, VE Commercial Vehicles, and Welspun.

Puneesh Lamba joins Shahi Exports as Group CIO

Puneesh Lamba, Group CIO of CK Birla Group, has moved to Shahi Exports as their Group Chief Technology Officer (CTO). Lamba will directly report to the Board of Directors of Shahi Exports.

Shahi Export is India’s biggest apparel manufacturer and exporter and has several manufacturing units across nine Indian states and over 100,000 workforce. In the new role at Shahi Exports, Lamba will spearhead its digital transformation and cloud-based tech-innovation initiatives.

Lamba is a seasoned IT professional with a strong experience of over 27 years. He has previously associated with firms such as BILT, Punj Loyd, GE Capital in leadership roles.

Kapil Madan is Spark Minda Group’s new CISO

Spark Minda Group has appointed Kapil Madaan as its new Chief Information Security Officer (CISO). The company has a strong presence in the global automotive sector, catering to a passenger vehicle, commercial vehicle, two-wheelers, and off-road vehicle manufacturing.

Madan has previously worked with Max Healthcare as a cybersecurity leader.

Rohit Kilam moves to CMS Info Systems as CTO

Rohit Kilam has joined CMS Info Systems Ltd as Chief Technology Officer (CTO). CMS Info Systems is India’s top Cash Management and Payment Solutions company. In his new role, Rohit will lead to several process transformations and tech-innovations at CMS Info-Systems.

Rohit has earlier worked in a gamut of challenging assignments in Digital Transformations, IT Strategy, IT Performance Management, Building Digital products, Operating Models, M&A IT Integration, Outsourcing Governance, Tech Product development, and ERP implementations.

He has earlier worked with companies such as Adani Enterprises, Masan Group, and IBM in leadership roles

20 September 2020 Update

Shuvankar Pramanick, CIO, Columbia Asia Hospitals

Shuvankar Pramanick has been appointed as the new CIO of Columbia Asia Hospitals Pvt. Ltd, a group of multi-specialty hospitals that operates in cities like Bangalore, Ghaziabad, Gurgaon, Mysore, Kolkata, Patiala, and Pune.

Bringing 20+ years of experience, Pramanick will focus on building new tech innovations in the healthcare sector while leading the IT team of the group. Pramanick has previously held senior IT leadership positions Paras Healthcare, Fortis Healthcare, and Asian Institute of Medical Sciences.

Marc Concannon, CTO, Cubic Telecom 

Marc Concannon has joined as CTO of Software IoT (Internet of Things) and connectivity management company, Cubic Telecom. In this new role, he will focus on Cubic’s software product roadmap and growth strategy. With over 20 years of experience, Concannon has previously served as the CTO at ClavisInsight, LogEntries, and Edge by Ascential.

Kamal Hathi, CTO, DocuSign

DocuSign has roped in former Microsoft veteran Kamal Hathi as their new CTO. With over 25 years of experience leading technology and product teams at startups and global multinationals alike, Hathi will oversee the development and execution of DocuSign’s technology roadmap, and support product expansion.

San Francisco based DocuSign help organizations manage and automate electronic agreements.

 

24 July 2020 Update

Munish Mittal, Group Head–IT & CIO leaves HDFC Bank

Munish Mittal, Group Head-Information Technology & Chief Information Officer at HDFC Bank has exited HDFC Bank. He had joined the private lender in 1996 as IT Manager. During his 24 years tenure at HDFC, he spearheaded various roles, including managing the IT strategy of the bank and its associated companies, HDFC Securities, and HDB Financial Services. Mittal has not disclosed his future plans yet.

A Shiju Rawther roped in by Poonawalla Finance for CIO role

A Shiju Rawther has been appointed as the CIO of Poonawalla Finance. In his new role, Rawther will lead IT functions and strategies, and be responsible for designing the digital roadmap of the organization. He will also spearhead the company’s analytics function. Rawther has moved from IIFL Finance where he was the Executive Vice President–Technology. He has over two decades of experience in driving digital transformation, innovation, and analytics in various multinationals.

Dr. Jai Menon joins the Advisory board of IndiQus Technologies

Dr. Jai Menon, the former Group CTO of HT Media, has joined the advisory board of IndiQus Technologies, a leading telecom cloud monetization platform provider. Dr. Menon is a global technology leader with over three decades of global experience across the US, Europe, Asia, Africa, and Australia. He is largely known for his various technology leadership roles at Bharti Airtel. In his new role at IndiQus, Dr. Menon will play an active strategic role in IndiQus’s product evolution and the company’s expansion plans.

Gaurav Kataria joins Sai Life Science as Chief Digital and Information Officer (CDIO)

Gaurav Kataria has joined Sai Life Sciences as Chief Digital and Information Officer (CDIO). He was previously working as Vice President of Digital Strategy and Solutions (Aerospace & Defense) at Cyient. In his new role, Kataria will be driving the digital and IT strategy for Sai Life Sciences, a full-service Contract Development and Manufacturing Organization (CDMO). Sai Life Science works with innovator pharma and biotech companies globally to accelerate the discovery, development, and manufacture of complex small molecules.

Amit Waghmare takes up CIO role at DB Corp

Amit Waghmare has joined DB Corp as the Chief Information Officer (CIO). Amit has moved on from Page Industries where he was heading IT for more than two years. DB Corp, formerly known as Dainik Bhaskar, is a leading media organization headquartered in Bhopal. Waghmare has over 17 years of work experience in the IT sector with a demonstrated history of working in the Media, Power, Textile, Pharma, Real Estate, Luggage, Apparel, and fashion industry.

09 June 2020 Update

Unique Kumar joins CK Birla Group as Group CISO
Unique Kumar has been appointed as Group CISO of CK Birla Group, a diversified $2.4 billion conglomerate with over 25,000 employees and 41 manufacturing facilities.

Kumar joins the CK Birla group from Max Healthcare, where he was heading Digital Innovation and Cybersecurity. He has also held leadership positions with Aviva Life Insurance, Aptara, and Idea Cellular.

Manish Shetty moves to Diageo India as CIO
Manish Shetty is Diageo India’s new CIO. Shetty was earlier working as Director–IT at Tata Consumer Products. Prior to that, he was CIO at Sanofi and before that Director–IT at Tata Global Beverages. Shetty has also held leadership and managerial positions at companies like Birlasoft, Radian, KPMG US, American Express, and Larsen & Toubro Information Technology.

Diageo plc is a British multinational alcoholic beverages company, with its headquarters in London, England and offices in six continents.

Sun Life names Laura Money as new global EVP and CIO
Sun Life Financial Inc has announced the appointment of Laura Money as Executive Vice-President and Chief Information Officer effective 29 June 2020. Laura will report to Kevin Strain, Chief Financial Officer and Executive Vice-President, Sun Life. She succeeds Mark Saunders, EVP, and Chief Information Officer, who announced his plans to retire at the end of April next year.

Sun Life is a leading international financial services organization providing insurance, wealth, and asset management solutions to individual and corporate clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

31 May 2020 Update

Jayanta Bhowmik joins Kesoram Industries as group CIO
Kesoram Industries is a part of the BK Birla Group Of Companies. The company is engaged in the manufacturing of cement, tyres, tubes, rayon, paper, heavy chemicals, and spun pipes. Bhowmik has moved from Usha Martin, where he served as a Senior Vice President of IT and Group CIO. In his earlier stints, he had held senior leadership positions at Appejay Surrendra Group, Tega Industries, HCL Technologies, and ABP.

Ranjit Satyanath, Head of Technology Operations at Croma, quits
Satyanath had joined Chroma in August 2014, and successfully led the IT strategy and digital initiatives at Croma, one of India’s largest consumer electronics and appliances retailer.

Manish Mimani quits Aviva Life Insurance to become an entrepreneur 
Manish Mimani, CIO for Aviva Life Insurance, has moved on to pursue an entrepreneurship path. Mimani has launched a new cybersecurity firm, Protectt.ai Labs, with an aim to build next-generation mobile security and real-time fraud management solutions.

14 May 2020 Update

Anis Pankhania joins Capgemini as Senior Director – Security Operations and Compliance.
Pankhania is based in Pune and joins Capgemini from Vodafone Idea, where he was heading Security Compliance and Data Privacy. In his new role, Pankhania will lead a team of specialized IT security and risk professionals. Pankhania has earlier worked in senior IT security roles in companies such as Aircel, IBM, and Airtel.

Mihir Joshi joins HDFC Pension Management and HDFC International Life and Re as CISO
In his new role, Joshi will be managing the operations and administration of various IT security devices, solutions, technologies, and processes deployed to enhance the security posture for HDFC Life, HDFC Pension, and HDFC LifeRe. Immediately prior to this, he was with Ares Management Corporation where he set up the Cybersecurity practice from scratch.

BNP Paribas appoints Mannan Godil as Director & India Head, Information Security & Business Continuity Management
Mannan Godil has joined BNP Paribas as Director & India Head, Information Security & Business Continuity Management. He has been roped in from Edelweiss Financial Services where he was working as Senior Vice President, Head – Information Security / CISO. Previously, he had also served in companies, such as eClerx Services, Zener Electronics, Stream Tracmail, and S.S. Nirban Enterprises.

Rajesh Hemrajani is the new CISO at Paytm Payments Bank
Rajesh Hemrajani has been appointed as CISO at Paytm Payments Bank. Prior to this, he was CISO at IDFC First Bank. Previously, he has held several leadership and roles at companies like RBS, Nomura Securities, Emirates Airlines, and Dubal.

Manish Bhatia joins Lendingkart as President – Technology, Analytics & Capabilities
Manish Bhatia has been roped in by Lendingkart as President – Technology, Analytics & Capabilities. In his previous role, he was the CTO at Amazon Pay India. He was also the Co-founder and CTO at Buymaxo, and previously served in organizations like Education Finance Partners, FedEx Office, and JP Morgan Chase.

If you think we’ve missed out featuring any other key recent C-suite movements/appointments in the above list, please feel free to drop a line to us at betterworld@bmnxt.com

MORE FROM BETTER WORLD

Blended fuel options in place, says govt.

Blended fuel options in place, says govt.

The Government vide, G.S.R 490(E) dated 24.05.2018 has notified mass emission standards for flex-fuel Methanol M15 or M100 and Methanol MD 95 vehicles. M-15 is a blend of 15 % methanol and 85 % Gasoline. Use of blended fuel M-15 in BS-IV cars can result in lowering down greenhouse gas (GHG) emissions by about 5 to 10 percent thereby improving air quality. M-15 fuel blending is available as an option and there is no proposal to make such blending mandatory in the near future.

This information was given by the Union Minister for Road Transport and Highways Nitin J Gadkari in a written reply in Lok Sabha today.

News source: Press Information Bureau.

Andhra’s Polavaram project gets Extension

Andhra’s Polavaram project gets Extension

In a major decision, the Union Environment Ministry has today given two years of extension and allowed the construction works related to Polavaram Multipurpose Project. Informing the media in New Delhi the Union Minister for Environment, Forest and Climate Change Prakash Javadekar said that today the order has been signed and ministry has allowed the construction works for two years.

The Union Minister stressed that Polavaram project is very important to the people of Andhra Pradesh as it will irrigate nearly 3 lakh ha of land, generate hydel power with installed capacity of 960 MW and provide drinking water facilities to 540 enroute villages covering 25 lakh populations, particularly in Visakhapatnam, East Godavari and West Godavari and Krishna Districts.

In the year 2011 the then government had asked the Government of Andhra Pradesh to stop construction work of the project but in the year 2014 the NDA government declared the Polavaram project a National project and the ministry kept the “Stop Work Order” in abeyance to allow the construction works. The “Stop Work Order” has been kept in abeyance six times for a year each time. Considering the immense importance of the project this time the Ministry is keeping the “Stop Work Order” in abeyance to allow the construction works for two years without permission to impound water.

The Project envisages construction of Earth-cum-Rock fill dam across river Godavari. The maximum height of the dam is 48 m.

News Source: Press Information Bureau.

Image By IM3847 – Own work, CC BY-SA 4.0, Link

Body to resolve disputes between REs, PSUs

Body to resolve disputes between REs, PSUs

In a major decision to facilitate the solar and wind energy projects, Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, RK Singh, has approved the formation of a three member Dispute Resolution Committee to consider the unforeseen disputes between solar/wind power developers and PSUs Solar Energy Corporation of India Limited (SECI) and National Thermal Power Corporation (NTPC) beyond contractual agreement.

The Members of Dispute Resolution Committee under this mechanism will be MF Farooqui (former DOT Secretary/ Heavy Industry Secretary); Anil Swarup (former Coal Secretary); and AK Dubey (former Sports Secretary), as per a Press Information Bureau release .

Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, RK Singh. Source: Ministry of New and Renewable Energy

In an earlier statement, emphasizing the importance of this step, Singh had said that the move would give further fillip to the smooth implementation of solar/wind energy projects in India. It fulfills a long pending demand of the industry to resolve expeditiously, unforeseen disputes that may arise beyond the scope of Contractual Agreements.

The Solar and Wind Industry have been demanding setting up of Dispute Resolution Mechanism by MNRE for quite some time, to resolve expeditiously, unforeseen disputes that may arise beyond the scope of Contractual Agreements between solar power developers / wind power developers and SECI/ NTPC.

The issue was considered and it was felt that there is need to erect a transparent, unbiased Dispute Resolution Mechanism, consisting of an independent, transparent and unbiased Dispute Resolution Committee (DRC), for resolving the unforeseen disputes that may arise in implementation of contractual agreements and also for dealing with issues which are beyond the scope of Contractual Agreements between solar power developers/ wind power developers and SECI / NTPC.

The mechanism of Dispute Resolution Committee (DRC) will be applicable for all solar/ wind Schemes/ Programmes/ Projects being implemented through/ by SECI/ NTPC.

The DRC will consider following kinds of cases:

(a) All cases of appeal against decisions given by SECI on Extension of Time requests based on terms of contract: All requests for extension of time due to recognized ‘Force Majeure’ events like flood, earthquake, delay in handing over of land by Solar Park Developers, delay in connectivity, etc. will be dealt strictly as per Contractual Agreements. In all such cases, the solar power developers / wind power developers shall make an application for grant of Extension of Time (EoT) within the time specified in the Contractual Agreement. If application is not made within the time limit prescribed in the Contractual Agreement, it shall be summarily rejected by SECI/ NTPC. If application is made within the time limit, the request will be examined and final decision given to solar power developer/ wind power developer within 21 days from the date of application. No separate extension of time shall be granted for overlapping periods of effect by two or more causes. If the developer is not satisfied with the decision of SECI/ NTPC, then it may appeal to the Dispute Resolution Committee (DRC), within 21 days of SECI/NTPC’s order after paying a fee, to be decided by the DRC, which in any case shall not be less than 5% of the impact of SECI’s/NTPC’s decision being challenged. This fee shall be deposited into the Payment Security Fund maintained by SECI/ NTPC for the project concerned. In case, the Government upholds the appeal in toto, after taking into consideration the recommendation of DRC, and strikes down the SECI order, then the fee so collected shall be refunded, provided the DRC makes a recommendation for the same and the Government passes a specific order to that effect. The Fee which may be received and is not required to be refunded, shall be credited to the appropriate Payment Security Fund being maintained by SECI/NTPC.

(b) All requests of Extension of Time not covered under the terms of contract: All cases involving unforeseen issues/ circumstances not covered under Contractual Agreements like cases where the site is to be procured by the developer but there is delay in land allotment due to policy change or registration by the Government, delays in grant of proposed connectivity due to court stays, etc., will be placed before the DRC for consideration and make recommendations to Ministry of New & Renewable Energy (MNRE) for appropriate decision.

The ‘Dispute Resolution Committee’ (DRC) will examine all such cases referred to it, including the cases where the developer is not satisfied with the decision of SECI/NTPC and it decides to appeal after paying the required fee as laid down under Para (ii) (a) above, in a time bound manner and submit its recommendations to the Ministry of New & Renewable Energy (MNRE), not later than 21 days from the date of reference.

The recommendations of the ‘Dispute Resolution Committee’ (DRC) along with MNRE’s observations, will be placed before Minister (NRE) for final decision. The Ministry shall examine and put up such recommendations to Minister (NRE) with the comments of IFD within 21 days of receipt of recommendation from the DRC.

To arrive at any decision, Committee will be free to interact with the relevant parties of the case and shall record their views. For presenting the case before the DRC, no lawyers shall be permitted.

Bharatmala-I has outlay of Rs 5,35,000 Cr

Bharatmala-I has outlay of Rs 5,35,000 Cr

The Bharatmala Pariyojna Phase-I was approved at an estimated outlay of Rs. 5,35,000 Crore. A total of 24,800 kms length of National Highways have been considered in Phase-I as well as 10,000 km residual road works under NHDP. Under this program, the Ministry of Road Transport and Highways has identified stretches for development of about 9,000 km length of Economic corridors, about 6,000 km length of Inter-corridor and feeder roads, about 5,000 km length of National Corridors Efficiency improvements, about 2,000 km length of Border and International connectivity roads, about 2,000 km length of Coastal and port connectivity roads, about 800 km length of Expressways. No road project in the States of Andhra Pradesh and Telangana has been envisaged under Border and International Connectivity roads component of this programme. Total 17 nos. of road projects having an aggregate length of about 701.4 km have been approved under Bharatmala Pariyojana Phase-I till March, 2019 in the States of Andhra Pradesh and Telangana. Out of 17 nos. projects, 15 nos. of road projects having an aggregate length of about 631.7 km have been awarded till March, 2019 in the States of Andhra Pradesh and Telangana.

However, under Border Roads and International Connectivity Roads component of Bharatmala Pariyojana Phase-I, 07 nos. of road projects with an aggregate length of about 1,042 kms and total cost as Rs. 4,916 crores (approx.) have been awarded till March, 2019 in entire country. Under Coastal Roads and Port Connectivity roads component of this programme, 05 nos. of road projects with total length of about 163 kms and total cost as Rs. 2,469 crores (approx.) have been awarded till March, 2019 in entire country. Progress of all the projects is monitored electronically for ensuring completion of projects as per schedule.

This information was given by the Union Minister for Road Transport and Highways Nitin J Gadkari in a written reply in Rajya Sabha today.

News source: Press Information Bureau.

Swachh Bharat good for ground water: Study

Swachh Bharat good for ground water: Study

Union Minister for Jal Shakti Gajendra Singh Shekhawat has said that Swachhata affects all aspects of the environment – be it groundwater, surface water, soil or air – as well as health and well-being of the communities in ODF regions. Praising the Swachh Bharat Mission for bringing a reduction in ground water contamination, he said, the WHO 2018 study had estimated that the Swachh Bharat Mission will save over 3 lakh lives by the time India is Open Defacation Free. Releasing two independent third-party studies conducted on the Swachh Bharat Mission (Grameen), the Minister said, the Mission will continue to positively impact people’s lives for a long time to come.

These studies, commissioned by UNICEF and the Bill and Melinda Gates, were aimed at assessing the environmental impact and communication footprint of the Swachh Bharat Mission (Grameen) respectively. The full reports as well as the summary reports of both the studies can be downloaded from mdws.gov.in and sbm.gov.in.

Union Minister for Environment and Forests Prakash Javadekar highlighted the significance of launching these studies on World Environment Day. He said that the United Nations, aware that the protection and improvement of the human environment is a major issue which affects the well-being of peoples and economic development throughout the world, designated 5th June as World Environment Day. He added that it is only fitting that UNICEF has chosen this day to release its findings on the positive impact the Swachh Bharat Mission has had on the environment of rural India.

Secretary, Government of India, Parameswaran Iyer, in his opening remarks, shared that the rural sanitation coverage in the country had crossed the 99% mark and that the Mission was in the final stretch of its completion with 30 States and Union Territories already having declared themselves free from open defecation. He said that the Mission is focusing on sustaining the gains of this progress and to extend the momentum to the ODF-plus phase which includes solid and liquid waste management.

Summary of the study findings

Under the “Environmental impact of the Swachh Bharat Mission on Water, Soil, and Food” by UNICEF, groundwater samples were collected and studied from ODF and non-ODF villages of Odisha, Bihar and West Bengal. The study found that, in terms of faecal contamination, non-ODF villages were, on average:

  • 11.25 times more likely to have their groundwater sources contaminated (12.7 times more from contaminants traceable to humans alone)
  • 1.13 times more likely to have their soil contaminated
  • 1.48 times more likely to have food contaminated and 2.68 times more likely to have household drinking water contaminated.
  • The study findings indicated that these substantial reductions may potentially be attributed to the improvement in sanitation and hygiene practices, as well as supportive systems such as regular monitoring and behaviour change messaging, which have all been critical aspects of the Swachh Bharat Mission (Grameen).

IEC footprint study by Gates Foundation

The “Assessment of the reach and value of IEC activities under Swachh Bharat Mission (Grameen)” conducted by Dalberg, supported by the Bill and Melinda Gates Foundation, estimated the scale of IEC activities within the Mission and assessed associated monetary and in-kind costs, and outputs such as reach. The study found that:

  • SBM mobilized a spend equivalent worth INR 22,000 to 26,000 crores in monetary and non-monetary IEC activities.
  • Of this spend equivalent, cash expenditure on IEC activities spent by the Government, private sector, and the development community was estimated to be between INR 3,500 – 4,000 crores.
  • Of this cash spend, ~20% (~INR 800 crores) was spent by the Ministry of Drinking Water and Sanitation (MDWS), ~35% (~INR 1,250 crores) by the State Sanitation Departments, ~25% (~INR 1,000 crores) by other government ministries, and the other ~20% by the private sector (CSR and business expenditures) and the development sector collectively.
  • An average person living in rural India was exposed to between 2,500 – 3,300 SBM related messages over the last five years.
Gadkari takes charge of transport ministry

Gadkari takes charge of transport ministry

Nitin Gadkari took charge of the office of the Union Minister for Road Transport and Highways in New Delhi today. He also holds the portfolio of the Union Minister for Micro, Small and Medium Enterprises.

Gadkari was Union Minister for Road Transport and Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation in the previous government.

Gadkari is a member of Lok Sabha since May, 2014. He was earlier a member of the Maharashtra Legislative Council during 1989-2014. He was Minister for PWD in Maharashtra Government during 1995 to 1999.

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