HR Movements: 7 Nov, 2016

1.

Vani Venkatesh appointed as CEO by Bharti Airtel

Bharti Airtel, India's largest telecommunications services provider, announced appointment of Vani Venkatesh as CEO - Retail. 

Venkatesh takes over this role from Rohit Malhotra, who has been at various senior positions in the company for a span of nine years. Now, he is seeking opportunities outside Airtel. 

Prior to this, Vani has worked with Abbott Healthcare (India), where she managed medical nutrition business. Also, she has worked with McKinsey & Company leading several projects for them and also undertook the responsibility of helping clients to design and execute retail strategies. Overall, she has more than 19 years of experience.

2.

Richard Rekhy to retire from KPMG

KPMG India CEO, Richard Rekhy announced his plan to retire from the company.

As per media reports, Rekhy wrote a mail to KPMG employees, where he mentioned that, he has advised the KPMG Inida Board of his decision to retire as India CEO.

For now Richard Rekhy will continue to be CEO of the KPMG India, till the time new CEO is ratified by the firm.

The KPMG India Board has accepted Rekhy’s decision to retire. In a statement to media, they said that after due deliberations and keeping in mind Richard’s contribution to the company for last many years, they have accepted his decision to retire.

He has served as CEO of KPMG in India since his appointment in 2012.

3.

S Padmanabhan replaces NS Rajan as group CHRO, Tata

Rajan resigned last Friday following the ouster of chairman, Cyrus Mistry.

In a quick move to extinguish anxieties and uplift the morale of a shocked workforce after the sudden decision that brought down the chairman and some senior executives of the Tata Group, the company recently announced the appointment of S Padmanabhan as the new group CHRO.

A stalwart within the Tata ecosystem, Padmanabhan replaces N S Rajan, who resigned last Friday following the ouster of chairman, Cyrus Mistry. In an organisation that has just witnessed the sudden removal of its leader, there is naturally a sense of chaos and confusion. And the departure of the HR head at the same time can certainly impact the employee morale adversely. Considering that, the appointment of Padmanbhan as the HR head of the Group, which employs over 6,60,000 people, is both critical and wise at this point.