Wednesday, September 23, 2009

Timken appoints Ajay Das (92BMD) as the new India MD

Bangalore (Financial Express, Sept 23): The Timken Company announced the appointment of Mr. Ajay Das as its new managing director for its business in India, headquartered in Bangalore.

In this new role, Mr. Das will oversee the continued growth of the company’s business in India, including the Timken Engineering Research Institute, the global R&D and engineering facility at Bangalore, operations at Jamshedpur and Chennai, as well as sales, marketing and all supporting functions.

“I am optimistic about returning to India and the significant growth opportunities we have in this region. Timken has created the ‘best in the industry’ engineering, manufacturing, sales and services capabilities to serve a growing customer base in India. We will continue to focus on leveraging those capabilities to improve the performance of our customers’ operations, and to deliver additional value to them,” said Mr. Das.

In 17 years with Timken, Ajay Das has provided leadership across business segments. He was national sales manager of the automotive business in India, and later was the director of manufacturing of the Jamshedpur plant between 2001 and 2005. In 2005, he relocated to Shanghai as director of new business development, and in 2007 he became the general manager of Timken’s wind energy business unit based in Canton, Ohio, United States of America.

Mr. Das received a degree in Mechanical Engineering from the National Institute of Technology, Jamshedpur and a Post Graduate Diploma in Business Management from XLRI, Jamshedpur.

Sunday, September 13, 2009

K Muralidhara (88BMD) joins the Board of Altamount Capital Management

Mumbai (Sept 12): Altamount Capital Management today announced the joining of Murlalidhara Kadaba on the board of Altamount Capital Management.

Kadaba, has twenty years of corporate experience in senior management positions with organizations such as Reliance Retail Ltd, American Express and Citibank. He will oversee Strategy and Business Development at Altamount Capital Management and will support Altamount's Delhi operations.

Till recent Kadaba served as the President and Chief Executive of the Financial Services vertical at Reliance Retail Ltd. Earlier, he worked for American Express as Country Manager for India and Area Countries, where he launched Amex's consumer banking franchise in India and introduced several successful card products including The Platinum Card. Prior to Amex, he was Vice President and Head of Investment Products at Citibank-India.

Kadaba is an alumnus of XLRI, Jamshedpur and a Graduate in Mechanical Engineering from SJCE, Mysore.