Thursday, January 12, 2012

Aircel COO Gurdeep Singh resigns amid top management rejig

Attrition has hit Aircel's top management even as the 2G scam rages and the company gears towards a possible sale. Chief Operating Officer Gurdeep Singh at Aircel, the country's fifth-largest GSM operator with over 60 million customers, has resigned following group chief technology officer (CTO) Malickarjun Rao in what is being seen as a silent restructuring exercise of its top deck to overcome the challenges of a complex reporting structure. Singh will be replaced by Jean Pascal, who is also COO, Maxis Communications Berhad, a top company executive with direct knowledge of the matter told ET. Malaysia's Maxis owns 74% in Aircel. Maxis group CEO and Aircel director Sandip Das, who operates from Malaysia, is also travelling frequently to India to oversee the transition and spruce up Aircel's ailing telecom operations which are dragging down the overall global assets of Maxis and its parent T Ananda Krishnan-owned Binariang Group.
Source: Economic Times

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