The Economic Times daily newspaper is available online now.

    Indus Towers appoints Sunil Sood as additional director on its board

    Synopsis

    In a filing on the Bombay Stock Exchange Thursday, the company informed that Sood will hold office as an additional director till the date of the upcoming general meeting and “being eligible has been recommended to the shareholders for appointment as a director liable to retire by rotation in the ensuing General Meeting”.

    Titled design - 2022-06-30T201723.157Agencies
    Former Vodafone India chief executive Sunil Sood has joined the board of Indus Towers as an additional director in the capacity of non-executive non-independent director from June 30.

    In a filing on the Bombay Stock Exchange Thursday, the company informed that Sood will hold office as an additional director till the date of the upcoming general meeting and “being eligible has been recommended to the shareholders for appointment as a director liable to retire by rotation in the ensuing General Meeting”.

    The company also said that Balesh Sharma, the first CEO of the merged Vodafone Idea, had resigned from the position of non-executive director with immediate effect.

    Sood is a director on the board of Vodafone Group's India joint venture - Vodafone Idea Limited (Vi) and Vodacom Group South Africa. He was the group commercial director, AMAP and Group M-Pesa Financial Services Director of Vodafone Group Services from September 2018 to September 2020.

    He was also a director of erstwhile Indus Towers Limited and Safaricom-Kenya in the past.

    In that capacity, he managed the commercial operations and strategy as well as the innovation and transformation projects for the Africa, Middle East, Asia & Pacific Regions and as director- financial services, his role was to transform the business from a meagre mobile phone-based money transfer service to a digital, future-fit FinTech Platform.

    He started his telecom journey with Vodafone in the summer of 2000 and over the years has held several senior positions including managing director and CEO for Vodafone India Limited (April 2015- August 2018).

    Sood began his career in the FMCG industry in various roles across India and other emerging markets in Africa and South-East Asia, including the role of CEO of Pepsico in Bangladesh.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more
    The Economic Times

    Stories you might be interested in