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H R BULLETIN VOLUME 24
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United Spirits appoints its first woman CEO After close to eight years as Managing Director and CEO of United Spirits Limited, Anand Kripalu has decided to move on, in pursuit of the next phase of his professional journey. Kripali will be succeeded by Diageo’s Managing Director Africa Regional Markets, Hina Nagarajan, who will be the first ever woman CEO of United Spirits. After close to eight years as Managing Director and CEO of United Spirits Limited (USL), Anand Kripalu will be stepping down from his role, effective June 30, 2021, to pursue the next phase of his career. Under Anand’s leadership, USL experienced a significant improvement in its operating performance - margin growth, cash generation and working capital. He also led the entire integration of USL, post the company being acquired by Diageo, and reignited the market portfolio strategy. Diageo India is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo plc. Anand will be succeeded by the Diageo’s Managing Director Africa Regional Markets, Hina Nagarajan. Hina will also join USL as CEO-Designate on April 1, 2021. In accordance with the applicable law and upon receipt of necessary approvals, Hina will take over as Managing Director and CEO of USL on July 1, 2021 and will also join the Diageo Executive Committee, reporting to John Kennedy, President Diageo Europe & India. She will move to Bangalore in April 2021 and will work closely with Anand to ensure a smooth transition.
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With this role, Hina becomes the first woman to head the INR 28,500 Cr-alcobev (alcoholic beverage) behemoth. She joined Diageo in 2018 and has since then led Diageo’s Africa Regional Markets (ARM) comprising operations in Ghana, Ethiopia, Cameroon, Angola, the Indian Ocean, and several other countries. Hina has over three decades worth experience in CPG businesses and held several senior marketing and general management positions at Reckitt Benckiser (RB), Nestlé India and Mary Kay India. Prior to her role at Diageo, she was MD China & SVP North Asia with RB. Commenting on the appointment, Vijay Rekhi, Former Managing Director and President of USL said, “If a country can be run by a woman so can a company, be it liquor or armaments.”
“Rekhi added, “The function and art of management are gender neutral. What is critical is how effectively an organization is built and driven for its objectives and kept future ready by the leader.” Hina’s vision became a significant growth driver for Diageo Africa. Her commitment to Diageo standards and compliance is validated by her passion and ability to deliver results and build strong teams that deliver outstanding results. Hina has leveraged capabilities and synergies across the market to drive regional growth, delivering a significant step change in supply chain performance across ARM, and has also been a passionate advocate of diversity and inclusion, actively involved in driving the cause across Africa and Diageo more broadly. Given Kripalu’s accomplishments, vision, and agenda, Hina appears to be the right successor to carry forward his legacy. Beyond immense contribution to USL’S revenue and market strategy, Anand championed diversity and inclusion across the business. The executive team at USL has 40% women representation and Anand’s efforts so far have paved the way for successful inclusion, both at the leadership level as well as the organizational level. Anand is also dedicated to coaching and growing talent. In his tenure with USL, Anand remained a strong advocate for the positive impact of the alcohol industry in India, relentlessly promoted responsible drinking and also formed trusting relationships across the sector, driving local community initiatives and partnerships..
Read more at: News: United Spirits appoints its first woman CEO — People Matters
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NSDC partners with BYJU’s to support skilling of teachers and trainers In line with the Skill India Mission, the partnership aims to create better learners and make learning engaging by empowering teachers and trainers. BYJU’S, India’s largest EdTech company, signed a Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC), to support the skilling of teachers and trainers. Sharing a vision to accelerate Skill India Mission, the partners aim at empowering teachers and trainers with the key skills and digital tools to make learning engaging, effective and personalized for children and youth. BYJU’S will be supporting NSDC by providing free access to its educational content and tools to help the teachers. Additionally, BYJU’S will share its digital educational content (scholastic and non-scholastic) as free licenses with the NSDC ecosystem to equip teachers and students for a quality learning experience. Speaking on the partnership, Byju Raveendran, Founder & CEO, BYJU’S, said, “At BYJU’S, our overarching goal has always been to make quality content accessible for students and provide teachers with the right content to foster the best learning outcomes for students across the country. We are delighted to partner with NSDC, a proven force that has contributed immensely to the skilling needs in India. This association will further the Digital India vision and boost online learning that has become an integral part of mainstream learning now. This collaboration will go a long way in empowering teachers and trainers and help them succeed in a digital economy.” Under this partnership, eskill India - NSDC’s digital skilling initiative, will assist BYJU’S in enhancing the awareness and adoption of its digital tools as well as enable stakeholders in the NSDC ecosystem to utilize resources provided by BYJU’s digital interventions…
Read more at: News:News: NSDC partners with BYJU’s to support skilling of teachers and trainers — People Matters
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Nutanix appoints its new CEO Rajiv Ramaswami will succeed Co-founder Dheeraj Pandey, who previously announced his plans to retire as CEO of Nutanix upon the appointment of a successor. Nutanix, a leader in private cloud, hybrid, and multi-cloud computing, announced that its Board of Directors has appointed Rajiv Ramaswami as President and Chief Executive Officer, effective Wednesday, December 9, 2020, and as a member of the Board of Directors, effective Monday, December 14, 2020. Ramaswami will succeed co-founder Dheeraj Pandey, who previously announced his plans to retire as CEO of Nutanix upon the appointment of a successor. “Sohaib Abbasi, Lead Independent Director of Nutanix stated, “Rajiv is an accomplished leader with a track record of delivering a high-growth portfolio of products and services. Rajiv distinguished himself among the CEO candidates with his rare combination of operational discipline, business acumen, technology vision, and inclusive leadership skills. The talented Nutanix team, under Rajiv’s leadership, is well-positioned to drive sustained growth, to improve efficiency and to advance leadership in the emerging hybrid cloud infrastructure category.” Ramaswami is a seasoned technology industry executive who has held senior executive roles at industry leaders including VMware, Broadcom, Cisco, and Nortel, after having begun his career at IBM. He has an over 30+ year track record of building and scaling businesses in cloud services, software, and network infrastructure. In his most recent role as Chief Operating Officer, Products and Cloud Services at VMware, Ramaswami co-managed VMware’s portfolio of products and services. During his tenure, Ramaswami led several important acquisitions and was playing a key role in transitioning VMware toward a subscription and SaaS model. On his appointment, Ramaswami said, “I’m thrilled to be joining Nutanix at this transformative time..
Read more at : News: Nutanix appoints its new CEO — People Matters
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Women now make up 27.3% of all board committee leaders globally: Study According to the Egon Zehnder study, it was found that while there is progress in gender diversity globally, the rate of change is insignificant. Leadership advisory firm, Egon Zehnder has recently released the results of its 2020 Global Board Diversity Tracker. According to the study, it was found that while there is progress in gender diversity globally, the rate of change is insignificant. Despite increased attention to diversity and inclusion that has sparked conversation and movement, making tangible progress is still challenging. Another urgent charge, beyond the need to increase the rate of diversity expansion, has emerged – the mandate to rethink the culture and dynamics of boards. To foster active participation from new members, companies must move from only adding or turning over seats to increasing action and output as an inclusive unit. Jill Ader, chairwoman of Egon Zehnder said: “Today, we see attention and acknowledgment that we need more diverse boards; however, diversity spans far beyond gender. It is now more important than ever to move beyond traditional D&I metrics – and prioritize building teams that are representative of all different backgrounds. Board leaders have the power to modernize governance with a few bold steps. Change is within our grasp.” Some of the key findings from the report were:
• This year, 89 percent of major companies have at least one woman on their board, up from 85 percent in 2018. • In India, that number is higher, with 96 percent of companies in our survey having at least one woman on their boards. (India requires public companies to have at least one female director.) • Between 2012 and 2020, India has seen an 8.6 percent increase in the percentage of women on boards, with women holding 17 percent of board positions in 2020. • 18 countries, up from 13 in 2018, have on average three or more women on the boards of their largest..
Read more at: News: Women now make up 27.3% of all board committee leaders globally: Study — People Matters
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PwC, UNICEF & YuWaah to upskill 300 Mn people This announcement is part of PwC’s global collaboration with UNICEF in support of Generation Unlimited; a multi-sector partnership aimed at helping 1.8 billion young people transition from school to work by 2030. PwC India has announced the launch of a strategic collaboration with UNICEF and YuWaah (Generation Unlimited in India) to help bridge the digital gap and help upskill 300 million young people in India over the next 10 years and enable them to emerge as change-makers in society. Kiren Rijiju, Minister of State (IC), Ministry of Youth Affairs and Sports, and Usha Sharma, Secretary, Ministry of Youth Affairs and Sports, were present during the launch. This announcement is part of PwC’s global collaboration with UNICEF in support of Generation Unlimited; a multi-sector partnership aimed at helping 1.8 billion young people transition from school to work by 2030. At the global level, the collaboration is focused on upskilling millions of young people around the world, including youth who lack opportunities to participate in the digital world. The collaboration in India brings together PwC, UNICEF and YuWaah’s complementary strengths and represents a significant milestone for PwC’s global programme, New world. New skills, which is driven by the need for everyone to upskill so they can thrive in the digital world. As per UNICEF data highlighted in a recent publication co-authored with PwC, “Stepping forward: Connecting today’s youth to the digital future”, of the 1.2 billion young people in the world today, around 463 million were unable to access remote learning when schools closed as a result of the COVID-19 pandemic. In addition, one in six young people have stopped working since the beginning of the outbreak. Young people,..
Read more at: News: PwC, UNICEF & YuWaah to upskill 300 Mn people — People Matters
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