22 April 2016 Current Affairs: Saurabh Agarwal, Managing Director, Regional Head of Corporate Finance, South Asia, Standard Chartered Bank will be joining Aditya Birla Group as their chief strategy officer.
Kumar Mangalam Birla is an Indian industrialist and the Chairman of the Aditya Birla Group group will also see other changes. Dev Bhattacharya, executive president for the conglomerate will look after the new ventures like Solar and E commerce at Aditya Birla Group. He is expected to take the fledgling ventures into the next level. Bhattacharya will also look into 'Biz Labs', the group's latest attempt to incubate startups.
Aditya Birla Group : The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India. It operates in 40 countries with more than 120,000 employees worldwide. The group was founded by Seth Shiv Narayan Birla in 1857. The group interests in sectors such as viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services, telecom (third largest in India), BPO and IT services.