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Monday 15 May 2017

HR Movements: 15 May, 2017

1.
Tata Sons’ former CHRO N S Rajan to join IDFC Bank as CHRO and CMO

Animesh Kumar, who has been heading the bank's human resources division since 2009, has decided to call it quits. Kumar is expected to work on psychoanalysis tests on hiring - a tool which he introduced in IDFC Bank. 
Tata Sons’ former group HR head, N S Rajan, is apparently joining IDFC Bank as its group chief human resources officer (CHRO) and group chief marketing officer (CMO). The development followed after Animesh Kumar, who has been heading the bank's human resources division since 2009, decided to call it quits.

Replacing Kumar as the CHRO and CMO, Rajan will also apparently take over as the CEO of IDFC Foundation. He was also a member of the group executive council (GEC) of Tata Sons during the reign of former chairman, Cyrus Mistry.

Rajan had a twelve-year long stint at EY before joining Tata Sons in 2013. At EY, Rajan was the partner and global leader – people & organisation. Rajan graduated in economics from Loyola College, Chennai and then completed his PGDBM from XLRI. He also holds a doctorate in leadership from IIT Delhi.

He is expected to join IDFC Bank early next month. 


2.
Escorts appoints Amanppreet Singh Bhatia as group HR head

Bhatia replaces Ishan Mehta to take forth the company’s business growth through efficient HR.
With a belief to support business growth through efficient human resources, the agricultural and engineering equipment manufacturer, Escorts, has appointed Amanppreet Singh Bhatia as the new group HR head.

Bhatia moves in from VE Commercial Vehicles Limited – A Volvo Group and Eicher Motors Joint Venture, where he was executive vice-president –HR. He joined VECV in 2009, and managed human capital management for all business areas of the company.

At VECV, he was responsible for managing key HR parameters, along with driving operational excellence, ensuring talent pipeline to support expansion, facilitating strategic talent management, supporting cultural transformation, facilitating performance-driven culture and managing people cost.

Escorts shared the development in an official release presented to NSE on May 1, which said, “We wish to inform you that the company has appointed Amanppreet Singh Bhatia as group HR head with immediate effect, in place of Ishan Mehta.”

“At Escorts, he will focus on the organisational transformation and human resource strategic roadmap to build a strong employer brand,” the official press release stated.


3.
Nitin Sansare of Reliance to join Tata Motors as comp & ben head

With over 20 years of experience, Sansare is an expert in manpower planning, compensation, rewards, and performance management, among other things.


Nitin Sansare, vice president, compensation & benefits at Reliance has quit after a stint of over three years. May 5 was his last working day at Reliance.

He is all set to join Tata Motors on May 10. This will be his second stint with Tata Motors.

The engineer-turned HR professional confirmed the same to HRKatha.

In his role at Reliance, he had been instrumental in various transformations. He had redesigned the compensation, reviewed policies to ensure relevance, designed expat and executive compensation and performance pay, and also established the Hay Job evaluation process.

Prior to joining Reliance, he had worked with Tata Motors as the head-rewards & organisation design, for close to six years. He began his career as a senior manager-industrial engineer, with Mahindra & Mahindra in 1995, where he stayed for over 11 years before moving to John Deere, as the senior lead engineer-manufacturing services.

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