French international banking group, BNP Paribas has appointed Sofia Merlo as Head of Group Human Resources and a member of BNP Paribas’ Executive Committee. She takes up her position on 2 November 2020, succeeding Yves Martrenchar, who becomes Senior Advisor on that date and who will lead a mission alongside the Group’s General Management until…
Global digital ecosystem enabler, Tata Communications has appointed Kabir Ahmed Shakir as Chief Financial Officer. He will be responsible for the company’s strategic financial, including investor relations. Prior to this, Shakir was Chief Financial Officer at Microsoft India and was responsible for Microsoft’s overall finance leadership across India. Shakir brings with him nearly three decades of…
Multinational professional services company, PricewaterhouseCoopers (PwC) has named Sanjeev Krishnan as the new Chairman of PwC in India for a four-year term commencing on 1 January 2021. Krishnan succeeds Shyamal Mukherjee, the current Chairman, who will step down on 31 December 2020 at the completion of his term. Krishan has been with the organisation for 29 years, having…
Pharmaceutical company, Sanofi India Limited has appointed Vaibhav Karandikar as Chief Financial Officer. According to reports, Karandikar who joined Sanofi 13 years ago, is a Chartered Accountant, Cost Accountant & Company Secretary. He has held growing responsibilities in business controlling, accounting and in various M&A and transformation projects, for both commercial operations and manufacturing facilities.…
Multinational technology and consulting company IBM has reportedly created a new entity referred to now as ‘NewCo’, out of its managed infrastructure services division, which will focus on hybrid cloud and artificial intelligence. According to reports, NewCo will consist of a quarter (about 90,000 employees) of IBM staff, with one-third of the company’s employees in…
Sportswear giant Adidas has appointed Amanda Rajkumar to its Executive Board. Beginning of 2021, the British national and HR professional will join the then six-member strong Executive Board of the sporting goods company as Executive Board Member responsible for Global Human Resources. Rajkumar will take over the role after Karen Parkin exited the company amidst…
Social media network, Twitter, in a bid to have a more inclusive workforce, aims for 50 per cent of its global workforce to be made up of women by 2025, according to reports. Currently, women constitute around 42.2 per cent of Twitter’s global workforce. The company’s Inclusion and Diversity report also lays down plans of having…
The Tourism and Hospitality industry, which has been one of the worst-hit by the global COVID-19 pandemic, is reportedly seeing an uptick in jobs. According to data by job site Indeed, jobs in Hospitality and Tourism are witnessing improvement, with postings down 58% in September 2020, as against a 69% drop in May this year,…
With the impact of the COVID-19 pandemic and the economic slowdown, the employment growth rate has reportedly seen a 3.5 per cent decline in FY20 from 3.8 per cent in the previous fiscal year. There has, however, been a 50.02 per cent increase in the total number of jobs from 48.32 lakh, according to a…
According to a report released by Verizon Business, 86 per cent of companies believe that work from home and virtual work will continue to co-exist along with the physical workplace in the future, with 61 per cent of business leaders sharing that the quality of remote work was on par with that of the physical workplace.…