MAM
Tetsuyasu Kawamoto joins as MD for Panasonic Life Solutions India
MUMBAI: Panasonic life solutions India, a wholly-owned subsidiary of Panasonic Corporation, has appointed Tetsuyasu Kawamoto as the company’s managing director. Taking the reins from Vivek Sharma, who superannuated on 30 September 2020, in his new role, Kawamoto will be responsible for driving synergies and growth of all businesses under the life solutions umbrella comprising the power group, which includes wiring devices, switchgears wires, cables & tapes and conduits; lighting, solar, housing, power tools and indoor air quality.
An industry veteran, Kawamoto comes with decades of experience across industries and has been associated with the Panasonic Group and in the ECM business since 1991. Kawamoto has held the power business unit head position at PLSIND during his first stint in India. In his second stint, as joint managing director for manufacturing, he has spent close to three years at PLSIND guiding the organisation towards world-class manufacturing and technological capabilities. He has also played a very vital role in scaling up the capabilities by committing PLSIND’s investment in setting up a new manufacturing facility at Sri City in the state of Andhra Pradesh. With his deep understanding of manufacturing and a strong penchant towards sales and marketing, he is looking forward to another exciting journey in his new role as the MD of PLSIND.
Panasonic Life Solutions India managing director Tetsuyasu Kawamoto said, “Panasonic in India is one of the largest and successful Japanese and Indian collaborations that I have seen in my lifetime. As I move into my new role, I look forward to developing synergies between the various business verticals at Panasonic Life Solutions, while we grow and build our position as the unparalleled leaders in this Electric Construction Material (ECM) space. As a part of the new role, one of my key focus areas will be in lines with our company’s global vision, to make human life simpler, safer & comfortable, by enhancing the consumer experience for both our brands: Anchor and Panasonic, in the ECM Space.”
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.
