Bajaj Finance Ltd. has announced the appointment of Jennifer Mathew Fernandes as its new Chief Human Resources Officer (CHRO), marking a key leadership transition at one of India’s largest non-banking financial institutions. With over two decades of experience in strategic HR leadership, organizational development, and people transformation, Jennifer brings a deep understanding of human capital…
IndusInd Bank has announced the appointment of Amitabh Kumar Singh as its new Chief Human Resources Officer (CHRO) and member of the senior management team, effective November 10, 2025. The appointment marks a strategic move by the bank to strengthen its leadership framework and accelerate its transformation into a future-ready, people-centric organization. With more than…
In boardrooms across industries, artificial intelligence has become the new gospel. CEOs talk of “AI-first strategies” and investors reward companies that can sprinkle machine learning into their presentations. The rush to integrate AI into core business functions – finance, HR, logistics, compliance, risk – feels almost inevitable. Yet in this headlong sprint to automate and…
Britannia Industries Limited has announced the appointment of Mr. Rakshit Hargave as its new Chief Executive Officer and additional Whole-time Director, effective December 15, 2025, for a term of five years, subject to shareholder approval. The company formally disclosed the development in a filing to the Bombay Stock Exchange (BSE). Mr. Hargave brings with him…
Systematix Private Wealth has announced a significant leadership transition with the appointment of Partha Sengupta and Bhaskar Hazra as Joint Managing Directors and Chief Executive Officers. Backed by a collective experience of over 50 years in banking, financial services and wealth management, their entry signals a strategic move to accelerate the company’s growth and innovation…
SBICAP Securities, the brokerage subsidiary of State Bank of India, has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer. A veteran of the SBI Group with over three decades of experience, Bhuvaneshwari began her career as a Probationary Officer in 1994 and has since held multiple leadership roles across retail, operations,…
For decades, India’s banking sector especially public sector banks (PSBs) was seen through the lens of bad loans, capital erosion and recurring bailouts. Today, that narrative is changing. The sector has moved from crisis management to confidence building. What we are witnessing is not just financial recovery but the rise of Banking Reforms 2.0, where…
For decades, risk management in banking focused narrowly on measurable exposures credit defaults, liquidity buffers and capital adequacy. This traditional framework worked in an era when risks evolved slowly and were largely internal. But the new financial reality is non-linear. Today, a cyberattack on a fintech partner can cripple payment systems across states; a sanction…
India-based pharmaceutical major Cipla has revealed that its Chief Operating Officer, Achin Gupta, is set to become Managing Director and Global Chief Executive Officer from April 1, 2026. This transition, subject to shareholder ratification, is part of a structured succession plan approved by the board. He will serve as CEO-designate beginning January 1, 2026. The…
The Federal Reserve lowered its policy rate by another 25 basis points on 29 October 2025 the second reduction inside two months taking the federal-funds target to 3.75%-4.00%. What might once have been a routine shift in monetary posture is now a more complicated signal: the world’s largest economy is moving from aggressive inflation control…
