MAM
IKEA India elevates Nivedeeta Moirangthem to country communications manager
Mumbai: Ingka Group-owned IKEA India on Wednesday announced the elevation of Nivedeeta Moirangthem as the country communications manager to lead its total communications portfolio including public relations, public affairs and co-worker communication and represent the retail entity as a spokesperson and as an external representative for all Ingka entities in India. She will be a part of the IKEA India management team and report to CEO and chief sustainability officer (CSO), Peter Betzel.
In her new role, Moirangthem will work closely with the business and key stakeholders to support IKEA India’s ambitious India expansion plans. She will also be closely involved with transformation initiatives as IKEA continues its digital transformation journey towards establishing itself as an omnichannel retailer, the company said in a statement. Moirangthem and team will continue to strengthen the communication agenda and IKEA’s positioning in India, it added.
Moirangthem commands 23 years of experience in corporate communications & PR, advertising, internal communications, stakeholder engagement, and supply chain communication in the South Asia region. She has been associated with IKEA for close to 20 years. In her previous assignment, she has worked with McCann Erickson India.
“I am excited to take up the new role and to be able to contribute further to build a loved, meaningful and successful IKEA in India,” Moirangthem said. “There is so much potential left to explore, connects to build and milestones to celebrate and this we do together, always with our IKEA values as the guiding star. It has been a deep learning experience during these tough times that we all are in, both professionally and personally.”
Brands
Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
