The four group lead directors are Rakesh Bharti Mittal, vice chairman, Bharti Enterprises; Akhil Gupta, managing director, Bharti Enterprises; Rajan Bharti Mittal, managing director, Bharti Enterprises; and Badri Agarwal, director, Bharti Enterprises. In addition, there will be nine group/corporate directors.
Announcing the new organisation structure, Sunil Bharti Mittal, said, "The new organisation structure and governance model blends Bharti's entrepreneurial ethos with an enhanced professional culture. It further empowers our business leaders, strengthens accountability and is designed for Bharti Enterprises to focus on overall strategic direction, leadership development and leveraging synergies taking another significant step towards a conglomerate of the future."
The group lead directors have been assigned specific areas and will review the performance of the respective businesses, maintain relationships with joint venture partners and provide all necessary assistance from the group level, including funding, external relations etc.
The group/corporate directors are: Ashok Juneja, corporate director, technology; Daljit Singh, group director, human resources; Hemant Sachdev, group director, brand and corporate communication; Prakash Nene, corporate director, finance, emerging businesses; SL Narayanan, corporate director, finance, telecom and retail; Vijaya Sampath, group general counsel and company secretary; Viresh Dayal, corporate director, projects, and group director, strategy and business development, (TBA), and group director, internal assurance (TBA).
Bharti has also institutionalised three group level governing bodies - the Bharti Management Board, the Group Finance and Audit Council, and the Bharti Management Council. |