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John Flannery, President and Chief Executive Officer, GE India, has announced the appointment of Uday Bhansali as Executive Vice President, Business Development and Tom Mitchell as Supply Chain Management Leader for GE India.
Speaking on the announcement, John Flannery, President and CEO, GE India said, “I am delighted to announce these two significant additions to GE India’s leadership team. Our top priority is to make our business more local by increasing our local manufacturing and supply chain as well as developing more partnerships and acquisition opportunities. Both Uday and Tom have extensive experience in building successful partnerships, developing new business leads and supply chain operations. They will play a key role in taking our “localisation’ strategy forward.”
Uday Bhansali will report to John Flannery. He will be located in Mumbai and will lead GE India’s effort to drive inorganic growth that will support GE’s operating businesses in achieving their expansion plans.
Prior to this assignment, Uday was with Kotak Investment Bank, where he was a member of the senior leadership team holding the position of Executive Director. During this period, he was responsible for deal origination and execution across key industry sectors where he developed several new client relationships and spearheaded transactions across a wide spectrum of industries including industrial, financial services, oil & gas and technology, among others.
Before joining Kotak Investment Bank, Uday spent 20 years with Accenture Ltd (formerly Andersen Consulting). He was part of the startup team for Accenture's operations in India. Uday brings extensive client service and business development experience in India and the Asia Pacific region. In India, he has anchored some of Accenture's key strategic advisory, M&A and technology relationships. His last role in Accenture was Executive Director – Asia Pacific for Energy where he had responsibility for growing Accenture's business in the oil and gas space.
Tom Mitchell, a GE veteran, will be joining the GE India leadership team as Supply Chain Management Leader. Tom will also report to John Flannery and be based in Gurgaon.
In his new role, Tom will lead GE India’s localization plan by providing strategic and operational leadership for the supply chain manufacturing and sourcing activity across all GE businesses in India. He will leverage company’s existing footprint and capability in India to create greater flexibility in overall supply chain operations across businesses, while driving local investments in infrastructure, talent and pipeline development.
Tom brings a rich background of global supply chain management experience to the role. Till recently, he held the position of manufacturing leader for Inspection Technologies, based in Huerth, Germany. Prior to that, Tom has held a variety of manufacturing, sourcing and supply chain process improvement roles during his GE career at Aviation and Transportation. He has worked at various locations in the US and also did an assignment in China.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.