This week, we continue to track key leadership changes across the industry. Stay updated on the latest shifts in executive roles, gaining insights into the evolving leadership landscape that shapes the business world. Here’s a concise round-up of the most significant CXO movements, notable appointments, and impactful promotions from the past week.

Nitin Chandel, Managing Director, UKG
UKG has bolstered its leadership team in India by appointing Nitin Chandel as Managing Director. Chandel, who brings over three decades of experience from leading global tech companies like Microsoft, Amazon, and IBM, will spearhead UKG’s strategic growth and operations across its Indian offices.
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Tarun Bhagat, CMO and Channel Lead, PepsiCo India
Tarun Bhagat, the Chief Marketing Officer at PepsiCo India Beverages, has taken on an additional role as the Lead for the Away-from-Home Channel. Bhagat, who has been with PepsiCo for over 16 years, now manages this new responsibility alongside his primary role as CMO.
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Sukumaran Nair, CEO, Tamilnad Mercantile Bank
The Reserve Bank of India has appointed Salee Sukumaran Nair as the Managing Director and CEO of Tamilnad Mercantile Bank (TMB) for a three-year term, starting from the date he assumes charge.
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Sumit Bali, Head of Retail Business, Yes Bank
Yes Bank has appointed senior banker Sumit Bali as the head of the retail business and collection division. Bali has nearly three decades of experience in retail banking. In his new role, he is expected to boost Yes Bank’s retail business.
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Anand Mahindra, Chairman of the Board of Governors, Young India Skill University
Anand Mahindra, the chairperson of the Mahindra and Mahindra Group, has been appointed as the Chairman of the Board of Governors of Young India Skill University. Anand Mahindra and Srini Raju would take over the roles of chairman and co-chairman of the varsity for a year each, as stated in the gazette announcement.
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Dr Yogesh Shouche, Director, SKAN Research Trust
SKAN Research Trust (SKAN), a Bengaluru-based not-for-profit medical research organization, has announced the appointment of Dr Yogesh Shouche as its new Director. Dr Shouche, an expert in microbiome research, has been associated with SKAN for the past two years, contributing significantly to developing a collaborative research environment and a strong team of scientists.
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ALN Rao, Head Of Electronics Circularity, Recykal
IT startup Recykal has named ALN Rao Head of Electronics Circularity. Bringing 38 years of experience managing the environment and the circular economy, Rao will help the company improve and fortify its current digital e-waste products.
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Aditya Mandloi, Head of Wealth and Retail Banking, Standard Chartered Bank
Standard Chartered Bank has announced that Aditya Mandloi will take over as Head of Wealth and Retail Banking (WRB) for India and South Asia on August 1, 2024. In this new position, Aditya will be in charge of leading the WRB business in Bangladesh, Nepal, Sri Lanka, and India.
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Atul Saxena, MD & CEO, Stock Holding Corporation of India
Atul Saxena has been appointed as the new Managing Director and Chief Executive Officer of the Stock Holding Corporation of India Limited (SHCIL). Saxena, who previously served as the Chief General Manager of IFCI Ltd., brings a wealth of experience in the financial sector to his new role.
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Shveta Arya, Managing Director, Cummins India
Cummins India, a provider of power solutions technology has announced the appointment of Shveta Arya as the new Managing Director. Arya has over 20 years of experience in industry and management consulting in the automotive, travel, financial services, and telecom sectors.
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Rajesh Ranjan, Head of Government Affairs and Public Policy, Google India
Google India has announced the appointment of Rajesh Ranjan as the new Head of Government Affairs and Public Policy at Google India. With his extensive industry experience, Ranjan will spearhead the firm to foster innovation and change in the technology sector.
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Jaspreet Singh, Head of Sales and Marketing, Elixr Labs
Healthcare technology company Elixr Labs has announced the appointment of Jaspreet Singh as Head of Sales and Marketing. With over 15 years of experience, Singh brings a wealth of skills in driving growth and strategic marketing initiatives across various industries.

































































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