Chadha appointed GM of PepsiCo India, Bakshi to head Asia ops
New Delhi: Sanjeev Chadha has been designated to take over as General Manager Pepsi-Cola India, while incumbent Rajeev Bakshi is moving to head the company's Asia commercial team.

A 16-year-old PepsiCo veteran and currently commercial vice-president of PepsiCo Asia Sanjeev Chadha will be responsible for all aspects of PepsiCo's beverage business in India, the company said.

The company said Bakshi is slated to remain in his current role till December 31 this year and will lead PepsiCo Asia's Commercial Team.
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TCL shuffles management
New Delhi: Chinese electronics major TCL has elevated its head of sales and marketing Chandramani Singh as the new president and CEO of Indian operations. The existing head of operations Richie Liu Hongqi, a Chinese expat has assumed the role of chairman of TCL India.

The Indian operations will now report directly to headquarters in Hong Kong instead of going through the emerging markets division. The reorganisation follows the recent India visit of the global chairman of TCL.

Singh had quit as the head of consumer electronics business of LG Electronics India last year to join TCL as the head of sales. He was given the additional responsibility of marketing early this year when another senior executive AG Krishna resigned. The company is now in the process of appointing a new head of marketing.

TCL has also restructured its India business under three wings — home appliance, consumer electronics and ACs. Earlier there were just two divisions — CTVs and ACs.

Each of the divisions will have separate product heads. In home appliances, there will be separate heads for microwaves, small home appliances and washing machines.

In the case of consumer electronics, there would be three heads for high end flat panel displays, audio and CTVs. The AC business would also have three heads for split ACs, window ACs and for commercial airconditioners.
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Damian to head Terapia-Ranbaxy
Bangalore: Ranbaxy has appointed a veteran of Romanian company Terapia (now Terapia-Ranbaxy) for the post of chief executive officer.

Dragos Damian has been in the post of commercial manager with the company for the past two years.

The former CEO of the company Stephen Stead has exited and was replaced by Ranbaxy's own European pointsperson Peter Burema. Damian's quick promotion to the CEO's corner room would mean he has earned the confidence of Ranbaxy.

Besides Damian, who still doubles up as the commercial manager, the company's top decision makers continue to be drawn from domestic talent. Sanda Codreanu heads the economic wing, while Erika Kaupert is the HR chief. The Indian presence is restricted to Sandeep Puri, the finance head.

However, Terapia-Ranbaxy's director board is entirely packed with Ranbaxy veterans Peter Burema, Ram S. Ramasundar, Pushpinder Bindra, Vasi Irimia, and Debashis Dasgupta.
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