MAM
R Jeswant joins Funskool India as CEO
MUMBAI: Funskool (India) Ltd, recently welcomed R Jeswant as its chief executive officer on board, following the retirement of John Baby.
Baby, who was the CEO of the company from 2006-2020, was responsible for boosting exports by setting up the company’s third manufacturing facility in Ranipet from where the factory caters entirely to the export market.
Jeswant succeeded Baby as the new CEO with effect from 1 April 2020.
Prior to Jeswant’s appointment as CEO, he was the company’s senior vice president (sales and marketing) and has been associated with Funskool (India) for over 20 years. Prior to joining Funskool in 2000, Jeswant had worked with TI Cycles of India as senior product manager and with Blue Star Ltd as general manager (sales).
Jeswant said, “At Funskool, we will continue pursuing our plans actively with utmost optimism to build a global toy brand from India, while strengthening our product lines in every category in India.”
MAM
PwC India announces leadership change in Deals practice
Shashank Jain steps down as co-leader after nearly three decades with the firm.
MUMBAI: When one dealmaker steps off the pitch, another is ready to take the baton because in the fast-moving world of transactions, the game never really stops. PwC India has announced a leadership transition in its Deals practice, with Shashank Jain stepping down from his role as co-leader to pursue an opportunity in the industry. The practice will continue to be led by Mohit Chopra, ensuring continuity and sustained growth momentum.
PwC India partner and leader for advisory dinesh Arora paid tribute to Jain’s contributions. “We deeply appreciate the significant contributions made by Shashank over close to three decades he has spent with PwC, particularly his defining role in shaping and strengthening our Transaction Services practice in India,” he said. Arora highlighted Jain’s support for clients through some of the most complex and significant transactions in the Indian market, noting his deep technical expertise, sound judgment and nuanced understanding of the evolving M&A landscape.
The Deals practice remains a key growth driver for PwC India, and the firm expects continued expansion under Mohit Chopra’s leadership. He will continue to guide clients through complex transactions and transformational business moments, building on the strong foundation established over the years.
Reflecting on his journey, Shashank Jain said, “I have had an exceptional journey at PwC. I owe my growth and learning to the nurturing environment and leadership development that PwC provided.” He added that he had been working closely with Mohit and the larger team to ensure a smooth transition and expressed confidence that Chopra would take the Deals practice to newer heights.
From intern to respected deals leader, Shashank Jain has clearly closed many successful transactions and now, it seems, he’s ready to strike a new deal of his own.
