Leadership Changes

DONALD D'SOUZA MOVES TO HDFC BANK

Donald D'Souza, is the new head of HDFC Bank's equity capital markets business

He has worked with some of the largest corporate and private equity groups in India and has expertise in most equity products in investment banking including initial public offer, qualified institutional placement, rights issue, Global and American Depository Receipts and mergers and acquisitions.

Prior to his appointment in HDFC Bank, D'Souza was the president of IIFL's investment banking business.

WORLD BANK SELECTS JIM YONG KIM AS IT’S PRESIDENT

US nominee Jim Yong Kim was chosen as the next president of the World Bank, an appointment that continues the longstanding tradition of an American leading the Washington-based institution.

"Dr Jim Young Kim of the United States would be the next President of the World Bank," an official announcement said

Kim, 52, will take over at the beginning of July, after the current president, Robert B Zoellick, steps down at the end of his five-year term.

CII ELECTS ADI GODREJ AS NEW PRESIDENT

 Adi Godrej, Chairman of the Godrej Group, has been elected as the president of Confederation of Indian Industry (CII) for the year 2012-13. 

He has succeeded Tata Steel Managing Director B Muthuraman, CII said in a statement.

Godrej is also the Chairman of Indian School of Business. S Gopalakrishnan, Co-Founder and Executive Co-Chairman, Infosys Technologies Ltd is the President Designate of CII for 2012-13, it said. 

Gopalakrishnan, a Padma Bhushan awardee, is also on the Board of Governors at the Indian Institute of Management - Bangalore. 

WIPRO TECH APPOINTS SUCHIRA IYER AS CMO

Wipro Technologies today said it has appointed Suchira Iyer as Chief Marketing Officer (CMO) for IT business.

Iyer has been associated with the company, the consulting and outsourcing business of Wipro, for the last 18 years, she was the Country Head for the Greater China region in her immediate past role.

She will report to T K Kurien, Chief Executive of IT business, the company said in a release.