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Ravinder Takkar has stepped down because the Managing Director and Chief Government Officer of cash-strapped Vodafone Thought.
Takkar was appointed by the board of administrators of the corporate on August 19, 2019 for a time period of three years, which shall come to an finish on the shut of enterprise hours on August 18. Takkar helmed the operations of the telecom firm at a difficult time and noticed by way of the merger between Vodafone India operations and Thought Mobile. Nevertheless, the telecom firm is beneath an enormous debt of over Rs 1 lakh crore which has restricted its progress plans. Takkar, in a current interview with BusinessLine had stated the corporate was near elevating ₹20,000 crore in recent funding however this has not come by way of but.
Akshaya Moondra, presently the Chief Monetary Officer of the corporate, has been appointed because the Chief Government Officer for 3 years efficient August, 19 2022.
Takkar shall proceed to be a Non-Government and Non-Impartial Director of the Firm publish completion of his time period because the MD & CEO of the Firm.
Moondra has over thirty years of worldwide expertise and over 14 years’ expertise within the Indian telecom sector.
Himanshu Kapania, Chairman, Vodafone Thought Restricted, stated, “The Board want to thank Ravinder for his stable management of Vodafone Thought over the past three years. He has steered the corporate by way of the world’s largest telecom integration and made the corporate a future-fit Digital Telecom participant. We’re happy to welcome Akshaya Moondra as our new CEO. He’s properly versed with the Vodafone Thought enterprise context, and I’m assured that he’ll efficiently steer the corporate by way of the subsequent section of growth and assist unlock its full potential.”
Revealed on
July 22, 2022
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