T.C. Nair takes charge as whole time member at SEBI
Mumbai: Dr. Thumparampil Chandran Nair took charge as whole time member of the Securities and Exchange Board of India, on Monday.

Prior to this appointment, Dr Nair was the managing director of Bharatiya Reserve Bank Note Mudran Ltd, Bangalore, a wholly owned subsidiary of the Reserve Bank of India. A central banker by profession, Dr Nair has held various important positions in the RBI since February 1978.

He was the chief general manager, department of External Investments and Operations, general manager of Internal Debt Management department, general manager - Currency Management, senior faculty member - Bankers' Training College, assistant chief officer in the department of Banking Operations and Development and assistant director in the Management Services Department.
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K. Vijayan to head JP Morgan's MF business in India
Mumbai: JP Morgan Asset Management has said that it plans to launch a mutual funds business in India and has appointed Krishnamurthy Vijayan as designate Chief Executive Officer to lead the proposed unit.

The business, which is expected to be launched in the second half of 2006, will provide mutual funds to institutional and retail investors in India through third parties, including local banks and registered financial advisors.

Mr Vijayan, who will report to the JP Morgan Asset Management Asia-Pacific head, Mr David Hsu, has over over 20 years of experience in the mutual fund industry. He was previously the Chief Executive Officer of JM Financial Asset Management Co Pvt Ltd, investment managers of JM Financial Mutual Fund.
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Pawan Kumar to head Scandent Solutions IT strategic business unit
Bangalore: Ahead of concluding its merger with Cambridge Services LLC, IT services firm Scandent Solutions Ltd has brought on board industry veteran Pawan Kumar to head its IT strategic business unit. Kumar was till recently the chairman and CEO of vMoksha Technologies, which he founded in 2001.

Scandent also announced the elevation of its current president Dilip Keshu to the newly created corporate position of chief strategy and corporate development officer. Keshu in the new role would be reporting to the executive chairman and CEO, Chris Sinclair, and would also work closely with executive vice-chairman, Satyen Patel, in developing M&A strategies, exploring strategic alliances, and evaluating options to accelerate growth performance for the merged entity.

Scandent expects to conclude the merger with Cambridge by end of the current quarter, said Patel.

The combined entity is targeting revenues of US$275mn for fiscal 2006. Patel said the company was also on the lookout for a suitable candidate to head its BPO business.

Pawan Kumar will be based in Scandent Solutions' Bangalore office and Keshu will be based in the company's Princeton office in New Jersey, US.
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Virtusa inducts marketing head
Hyderabad: Virtusa Corporation has announced the appointment of Marc Hebert as its chief marketing officer, responsible for corporate strategy, branding, and alliance relationships.

In addition to his marketing role, Hebert will head Virtusa's West Coast office located in Sunnyvale, California.

Prior to joining Virtusa, Hebert was executive vice-president, marketing and alliances for Sierra Atlantic.
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Deba Ghoshal, product marketing head at LG Electronics, quits
New Delhi: Deba Ghoshal, who has been serving as the Head, product marketing (consumer electronics), at LG Electronics India, has decided to move on from LG and is set to take up another assignment at an auto components company.

Dr Yasho V. Verma, Director HR & MS LGEIL said that Sandeep Tiwari who is the Head, product marketing (home appliances) would take charge of consumer electronics as well.
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