Atul Karmarkar.Com

Kalpana Morparia has resigned from ICICI Bank after putting in 33 years of service with the bank. She now joins JP Morgan and will head their operations in India. From the time she started off with the bank’s legal department in 1975, to becoming Joint MD, she was often the public face of the company [...]

Rich Nottenburg, CTO at Motorola, has decided to move on.  Motorola spokeswoman Jennifer Erickson said,

J.P Chalasani has taken over as the new CEO of Reliance Power, an ADAG company, that was recently listed on the stock markets. Chalasani, a former Whole-time Director (business development) of Reliance Energy, has tendered his resignation from the REL board with effect from March 7, 2008. He joined the Reliance Group in 1995 after leaving NTPC, [...]

Nitin Paranjpe has been appointed as the new CEO and MD at Hindustan Unilever (HUL), replacing Doug Baillie, who will join the Unilever Executive as President, western Europe. Currently, designated as Executive Director, Home and Personal Care (HPC) business, Paranjpe began his career with HUL in 1987 as a management trainee, and since then has several achievements to [...]

The US subprime mortgage crisis claimed another high profile victim as New York based Bear Stearns said James Cayne is to step down as CEO. The company suffered the first loss since it’s inception in 1923. Cayne will now function as Non-Executive Chairman, and this would be purely in an advisory capacity to his successor, the current President Alan Schwartz.

Ramesh Sobti, who till recently was the Executive VP and Country head of ABN Amro Bank, has decided to move to IndusInd bank as the CEO and  Managing Director, following the resignation of Bhaskar Ghose as MD. IndusInd Bank is a Hinduja group company. Sobti has over three decades of experience in banks like SBI and ANZ Grindlays, and of course, ABN Amro, [...]

Ed Zander had barely stepped down as Motorola CEO, when CTO Padmasree Warrior suddenly decided to pursue other opportunities, and has joined Cisco as their new CTO. She will report to CEO and Chairman John Chambers, who had this to say;