In his new role as CEO of Zigly, Saurabh will be responsible for expanding the business and shaping the next phase of growth for the company. Saurabh will also drive corporate development initiatives at Cosmo First and will be overseeing strategy and growth-related undertakings, including mergers or acquisitions that the group may evaluate in the future. He will be working closely with the Group CEO of Cosmo First, Pankaj Poddar, and the Group CFO, Neeraj Jain.

Speaking on the appointment, Pankaj Poddar, Group CEO, Cosmo First, said, “We are pleased to welcome Saurabh as part of the leadership team at Cosmo First. A seasoned leader, Saurabh has a proven track record of successfully leading and handling complex business assignments during his career. We strongly believe that his leadership style will bring meaningful value to the organization in the long-term.”

Saurabh has over 16 years of rich experience across the packaging films industry, investment banking, and corporate strategy. In the past, he has been associated with Jindal Films as the Global CEO (Overseas Business) and other reputed organizations, including SB Packaging, Wodehouse Capital, Religare Capital Markets, and Jaypee Capital.

Commenting on the new role, Saurabh Jain, Head – Corporate Development, Cosmo First and CEO, Zigly, said, “It is a privilege to join Cosmo First, a company that has set global benchmarks across businesses. In this new role, I am eagerly looking forward to leveraging my diverse experience to contribute significantly to the organization’s long-term strategic goals and unlocking new growth opportunities.”

Saurabh holds a master’s in business administration from the Faculty of Management Studies (FMS), Delhi, and a bachelor’s degree in mechanical engineering from Delhi College of Engineering.

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With a distinguished career at Bosch Limited in India & Germany & Kalyani Group Pune, Sanjeev has successfully led large-scale projects, forged impactful OEM partnerships, and played a key role in scaling businesses. Notably, his leadership drove double-digit revenue growth and fostered strategic alliances that enhanced market presence. As CEO, Sanjeev will focus on expanding Billion Electric’s e-MaaS business with electric trucks as well as airport tarmac electric buses, strengthening industry partnerships, and accelerating the rollout of commercial EV solutions.

Welcoming Sanjeev to his new role, Kartikey Hariyani, Founder & Chief Platform Architect & Musfara Wajid, Co-Founder, of Billion Electric Mobility, said: “It has been more than 5-years we have known Sanjeev working on various strategic initiatives within the e-mobility space in India / abroad.  Since 2023, Sanjeev has been part of our leadership team and over the last 2-years, Billion Electric Mobility has seen the foundation laid for the e-MaaS business with his, strategic foresight and extensive industry experience. His proven ability to scale operations, drive innovation, and foster collaborations will be critical as we expand our E-MaaS business. With Sanjeev at the helm, I’m confident we will scale faster, deepen partnerships, and create a stronger foundation for India’s EV transition.”  

Sharing his thoughts on the new role, Sanjeev Kulkarni, CEO, of Billion Electric Mobility, said: “The EV industry is at an exciting juncture, and Billion Electric is well-positioned to accelerate India’s transition to sustainable mobility. Our focus will be on scaling our E-MaaS business with various corporate customers with our range of Electric Trucks for inter-city transport, , maximizing operational efficiency, and strengthening collaborations with OEMs and fleet operators. I look forward to working with our talented team to develop robust solutions that power India’s EV future.”

Quoting on the development, Piroshaw Sarkari (Phil), Lead Advisor to Billion Electric Mobility added: “BillionE is a platform that drives a concept of Energy on Wheels, in a way different from traditional transporter and therefore Sanjeevs experience is found very relevant to lead this platform!“

Billion Electric continues to champion India’s EV transition through its innovative Energy Transition Network, delivering reliable and accessible charging solutions for commercial EV fleets. With Sanjeev Kulkarni as CEO, the company is poised to accelerate growth, deepen its industry impact, and play a pivotal role in shaping India’s sustainable mobility landscape. Recently, Billion Electric also announced the appointment of Pirojshaw Sarkari (Phil) as the Lead of its Advisory Council, further strengthening its leadership team.

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Seth has over two decades of experience building businesses at the intersection of financial services and technology globally with experience spanning the US, India, and SouthEast Asia. Before joining 5paisa, he was the Chief Product Officer at Syfe where he focused on building Syfe as the leading digital wealth player in Southeast Asia. Earlier, Seth was the Chief Business Officer and part of the initial team at Paytm Money where he played a pivotal role in establishing Paytm Money as a top brokerage and mutual fund distributor in India. Before Paytm, Gaurav led the digital transformation of Morgan Stanley’s wealth management business in NY and advised leading wealth managers on their digital strategy.

Seth is an alumnus of the Indian School of Business, Hyderabad, and Bachelor of Engineering from the Thapar Institute of Engineering & Technology, Patiala.

Commenting on the appointment, Co-Promoter R Venkataraman said, “Seth’s experience in tech-driven innovations at major global and Indian firms will complement the digital transformation priorities at 5paisa Capital. We look forward to a great period of growth and innovation at 5paisa Capital under Seth’s leadership.”

Commenting on his appointment, Gaurav Seth said, “5paisa Capital was the original disruptor in the Indian broking industry and democratized equity investing for millions of Indians by offering a great platform at affordable fees. I am happy to be a part of this legacy and excited about the next phase of growth at 5paisa.”

5paisa.com is one of India’s largest discount brokers with more than 4.62 million customers at the end of September 2024. The company reported a net profit of Rs 219 million in Q2FY25, while revenues stood at Rs 1008 million. 5paisa.com is one of the most used stock investing apps in India with over 20.6 million users and has a high rating of 4.3 on Google Play.

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Sharad moves into this role on the strength of his technopreneurship across several domains like e-commerce, logistics, retail, Cloud, and Data Center. An active industry veteran, he comes equipped with a combination of sales and project management skills that will help him expand the footprint and acceptance of Sify’s data centers.

Before Sify, Sharad was at Vantage, where he was mandated to build their Data Center business. This was preceded by a long stint at Amazon Web Services where he front-ended capacity delivery for an APAC region.

Chairman of Sify, Mr. Raju Vegesna, said, “Sharad brings a valuable blend of entrepreneurial and managerial experience in the data center domain across the APAC region. This diverse background positions him well to drive our strategic initiatives and operational excellence. His insights and proven track record will contribute significantly to advancing our objectives and reinforcing our leadership position in the industry”.

Mr. Agarwal, said, “I have followed Sify’s remarkable journey as they evolved as a Data Center leader. This impressive growth trajectory underscores Sify’s commitment to innovation and excellence. My mandate is to maximize Sify’s potential across the entire ICT value chain by focusing on strategic growth and operational efficiency and by delivering cutting-edge solutions and unparalleled value to our clients and stakeholders.”

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Commenting on his appointment, Salee said: “I am honored to take on this role at such a pivotal time for Tamilnad Mercantile Bank. I look forward to working closely with the Board, the management team, and all employees to build on the strong foundation laid by my predecessors and to drive the bank’s strategic priorities forward.”

With over 35 years of experience in the banking and financial services industry, Mr.Salee brings a wealth of knowledge and a proven track record of success to TMB. Before this appointment, he served as Deputy Managing Director & Chief Credit Officer at the State Bank of India.

Salee is a postgraduate in Applied Electronics, started his banking career in the year 1987 when he joined India’s largest Public sector Bank, the State Bank of India as a Probationary Officer.

During the last 35 years, Mr.Salee has handled various assignments, mostly in the Corporate A/c Group, handling large Corporations including the disparate groups of Reliance (Mukesh Group) and Essar Group. He also had two assignments in the International Banking group of SBI, first in New York, USA, and later heading the Australian Operations basin at Sydney. He has also had a retail stint managing the branches of Rajasthan & Western Uttar Pradesh for the bank and was involved in the merging of State Bank of Bikaner & Jaipur with SBI.

Salee has extensive experience in managing stressed assets, He took over as Chief General Manager in the Stressed Asset Vertical of the Bank in July 2017, where he was engaged in resolving NPA through the restructuring / IBC /Compromise/ ARC Sale route.

In April 2020 Mr.Salee took over as the Stressed Assets Resolution Group as Deputy Managing Director, a position he held until September 2021. Subsequently, he took over as Deputy Managing Director in charge of SME, Agriculture, and Financial Inclusion vertical from September’21 to July’22.

His last assignment was as DMD and Chief Credit Officer of SBI, till May’24, and was responsible for managing the credit portfolio.

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Saxena brings over 25 years of extensive experience in management & technical consulting, corporate finance, and capital markets. His diverse expertise spans senior-level positions in various functions, including Credit & Recovery, Corporate Planning, Secretary to the Board, and Internal Audit. During his distinguished career at IFCI Limited, he played a pivotal role in the company’s strategic and operational endeavors for more than a decade.

In his previous role as Managing Director of IFCI Infrastructure Development Limited, Mr. Saxena steered the company through the challenging times of the COVID-19 pandemic. Most recently, he served as Chief General Manager and was one of the Principal Officers of IFCI Limited, where he oversaw key financial and operational initiatives.

Saxena has also accumulated extensive board experience, having served as a Nominee and Non-Executive Director on the Boards of various companies for over a decade. His broad understanding of corporate governance and strategic planning has been a valuable asset in these roles.

Before his tenure at IFCI, Saxena held positions with Engineers India Limited and PwC, where he further honed his skills in engineering and consulting. He holds a degree in Civil Engineering from the prestigious Indian Institute of Technology (IIT), Kanpur, and a Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Calcutta.

Commenting on his appointment, Atul Saxena said, “I am honored to join Stock Holding Corporation of India Limited as Managing Director & CEO. I look forward to working with the talented team at StockHolding to build on the company’s strong foundation and drive continued growth and innovation. Together, we will strive to deliver exceptional value to our stakeholders and achieve new milestones in our industry.”

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Expressing his enthusiasm, Gaurav Banerjee, a seasoned professional in the entertainment industry with a wealth of experience and a strong vision for the future, stated, “I am deeply honored to take on the role of MD & CEO at SPNI. Under N.P. Singh’s remarkable leadership, SPNI has achieved tremendous success and innovation in the entertainment industry. I am excited to lead talented teams as we explore new frontiers in original programming, enhance our viewers’ experiences, drive our distribution footprint across India, and significantly boost our revenues. Together, we will set new benchmarks in entertainment and deliver exceptional value to our audiences and stakeholders.”

N.P. Singh, who with this appointment will move into the role of Non-Executive Chairman to support this transition through the end of the fiscal year, reflecting on the transition, remarked, “I am immensely proud of the success and innovation SPNI has achieved. I am confident that Gaurav will elevate SPNI’s impressive portfolio to new heights. His visionary approach will undoubtedly continue our legacy of excellence and creativity. I look forward to supporting him and our talented team as we further our impact on content creation, audience engagement, and digital media initiatives. And most importantly, I would like to thank the entire SPNI team for being the fulcrum of our growth and success.“

Ravi Ahuja, Chairman of Global Television Studios and President & COO of Sony Pictures Entertainment, commented on the appointment, saying, “N.P. Singh’s leadership has been instrumental in shaping SPNI into the powerhouse it is today. I am confident that Gaurav Banerjee, with his proven track record and visionary approach, will continue to drive SPNI’s success. Gaurav’s expertise in content creation and strategic leadership will undoubtedly lead SPNI into an exciting new chapter of growth and achievement. We are thrilled to have him at the helm and look forward to the continued success of SPNI under his leadership.“

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BASILDON: CNH Industrial N.V. (NYSE:CNHI) announces Gerrit Marx’s appointment to the CEO role effective July 1, 2024. He succeeds Scott Wine, whose request to leave the Company at the end of the current three-year business plan cycle to pursue other interests, has been accepted by the Board.

Marx rejoins CNH from Iveco Group where as CEO he has led that company’s drive into a new era of connectivity, integrating the latest digital and data technologies with Iveco’s product offering. He has also chaired Iveco’s powertrain business overseeing its transition to alternative propulsion systems. Before first joining CNH in January 2019, Marx worked for 20 years in senior roles at McKinsey, Daimler Trucks, and Bain Capital, living in Brazil, China, Europe, and Japan.

During the more than three years of Wine’s tenure as CEO, CNH has become an agriculture and construction pure-play following the Iveco Group demerger and is now solely listed on the New York Stock Exchange. Among his achievements, Wine has delivered three straight years of record revenues and EBIT margins while overseeing the improved performance of the Company’s Agriculture segment, the turnaround of the Construction segment, and the 2021 acquisition of Raven Industries, the precision agriculture technology business. In this period the Company has more than doubled its R&D expenditures, launched ambitious margin improvement and value enhancement initiatives, and by May 2024 will have returned more than $3 billion to shareholders in the form of dividends and share buybacks.

CNH’s Chair, Suzanne Heywood commented: “We’re delighted to welcome Gerrit back to CNH as CEO. We look forward to him bringing the same energy and focus he has demonstrated so effectively when leading Iveco, to his new role at a time when CNH is navigating the current end-market downcycle with an emphasis on managing inventory and costs, expanding margins, and harnessing the full potential of the newly established tech stack. On behalf of the Board, I would also like to thank Scott Wine for his leadership and considerable contribution to CNH’s progress in these years and wish him well in his future endeavors.”

With Marx’s appointment as the Company’s new CEO taking effect on July 1, 2024, the Board has decided that the Investor Day presentation scheduled for May 21, 2024, will be postponed to a later date to allow Marx to lead the Company’s planning and objectives for the next phase of its development. In the meantime, the Company’s first quarter financial results will be presented as planned in a conference call on May 2, 2024, by Wine, who will continue as the Company’s CEO until the end of June.

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Except IndiGo, Aditya will have overall responsibility for setting InterGlobe’s strategic agenda and overseeing and strengthening the Leadership of the Company’s line businesses and the Corporate staff functions.

Aditya will report to Rahul Bhatia, and all the existing direct reports will, in turn, report to Aditya.

This imperative move by InterGlobe is to strengthen its current Leadership team as it moves ahead with its ambitious and diversified global plans.

Aditya is a senior professional with diverse and multi-functional experience of over 25 years. He has held Business Strategy and Finance roles in various companies, driving operations with a focus on productivity & profitability. He is the Chief Financial Officer at udaan, India’s largest B2B e-commerce company. Before this, he worked at IndiGo, General Electric, and Arthur Andersen. Aditya brings with him rich experience in engaging with business partners, investors, and analysts.

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The day commenced with enthusiastic leaders registering for the tournament, each armed with their personalized scorecards indicating their assigned teams and tee boxes. A comprehensive briefing session and warm greetings set the tone for the day, with Rishi articulating the rules for the tournament.

The Pune Chapter President, Vinayak Savadi, welcomed all the participants, promising a full day of sportsmanship, respect, responsibility, and passion for the game of golf. Vinayak said, “This is our maiden CEO Golf Cup, and is the first of many in the coming times. The idea is to foster connections and strengthen relationships among the fraternity and business leaders who joined us from across the country.“

At the stroke of noon, the symbolic gunshot commenced the tournament, initiating a captivating journey across the lush expanse of the Oxford Golf Resort. Under the azure skies, the golfers, comprising distinguished corporate leaders, navigated through 18 challenging holes.

Rishi Narain added, “The resurgence of golf as a preferred sport, especially during the challenging times of the pandemic, was evident in the overwhelming participation and enthusiasm witnessed at the tournament. CEO Clubs India remains committed to fostering such events that not only entertain but also provide a valuable networking opportunity for corporate leaders.“

The day culminated around 5:30 PM, as participants submitted their scorecards for the final calculations. This was followed by an award distribution ceremony. Sachin Purohit and Jeetendra Shende secured Runner-up positions in their handicap categories, earning trophies, and Garmin GPS golf watches. Handicap Winners Harmeet Sahney and Shripad Shingne demonstrated exceptional skill, claiming trophies and prestigious Bushnell RangeFinders. Sumedh Gangal’s powerful 360-yard drive earned him the Table Space Longest Drive title. Ajay Patil’s precise shot in the Mercedes-Benz Hit the Target event and Anuj Dhody’s finesse as the JW Marriott Closest to Pin Winner added layers of excellence to the ceremony.

A special highlight of the evening was a mesmerizing performance by the renowned Indian violinist, Grammy award winner Manoj George. His interactive and soul-stirring renditions engaged the audience, creating an immersive musical experience. George’s ability to connect with the crowd through his music added an extra layer of enchantment to the event.

The Golf Tournament triumph was made possible by the generous support of sponsors Table Space, Mercedes Benz, JW Marriott, and Hindustan Feeds. RN Sports Marketing further elevated the event with its remarkable management. The participating CEOs represented companies such as Reliance Jio, Adani Group, L&T, DBS Bank, Aditya Birla Group, Bajaj Auto, and others.

The CEO Clubs India Pune Chapter’s inaugural golf tournament was a resounding success, bringing together corporate leaders for a day of competition and camaraderie. The event showcased the organization’s commitment to enhancing the social and holistic well-being of CEOs and fostering connections among business leaders.

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