CEAT appoints Arnab Banerjee as CEO after Anant Goenka resigns

CEAT appoints Arnab Banerjee as CEO after Anant Goenka resigns

Daily Current Affairs   /   CEAT appoints Arnab Banerjee as CEO after Anant Goenka resigns

Change Language English Hindi

Category : Appointment/Resignation Published on: March 23 2023

Share on facebook
  • Tyre maker CEAT Ltd has appointed Arnab Banerjee as managing director (MD) and chief executive officer (CEO) after Anant Goenka resigned.
  • Goenka sought to be relieved of his duties as MD and CEO of the company at the close of business hours of March 31, 2023, while continuing as a board member.
  • Goenka will continue to serve as chairman of the Sustainability and Corporate Social Responsibility Committee of the company.
  • Banerjee, currently the COO, has been appointed for a term of two years effective from April 1, 2023, based on the recommendation of the Nomination and Remuneration Committee and subject to members and other applicable approvals.
  • Also, he has been appointed as chairman of the Finance and Banking Committee of the company from April 1, 2023.
  • He has executive experience of over 30 years, during which he has worked in CEAT, Marico, and Berger Paints. 
  • He joined CEAT in the year 2005 as vice president, sales, and marketing.
  • He was recognised by Forbes magazine as the ‘Next Generation Business Leader of the Year’ in 2017 and as ‘India’s 40-under-40 Business Leaders’ by Economics Times-Spencer Stuart.
Recent Post's
  • Monsoon Session adjourned sine die after 21 sittings and 15 Bills passed.

    Read More....
  • Govt extends Fortified Rice Scheme till 2028 with ₹17,082 crore funding.

    Read More....
  • UIDAI launches Aadhaar authentication framework for Cooperative Banks nationwide.

    Read More....
  • Supreme Court bans public feeding of stray dogs; Delhi civic body to set feeding zones.

    Read More....
  • PM Modi inaugurates ₹13,000 crore projects in Gaya, including ₹1,870 crore Ganga bridge.

    Read More....
  • Cyberattack on DaVita compromises data of 2.7 million patients, costing $13.5 mn.

    Read More....
  • Meta signs $10 bn, six-year deal with Google Cloud to boost AI development.

    Read More....
  • India bans all bilateral sports events with Pakistan across disciplines.

    Read More....
  • HDFC Bank invests in BharatGPT developer CoRover to promote sovereign AI.

    Read More....
  • New moth species Carcina ingridmariae identified after decades of confusion.

    Read More....