Ajit Varghese to take on global role at MEC-Maxus merged entity

11 Aug,2017

 

By A Correspondent

Former Maxus India head and currently CEO of Maxus Asia Pacific Ajit Varghese is all set to take on a global role in the yet-unnamed entity born out of the merger of MEC and Maxus.

 

Varghese will in all likelihood move to London as head of market development, looking after over 45 markets other than the top eight markets globally, including India.

 

While for Varghese this would mean not overseeing India operations something that he has done with much success and passion (and aggression), but, industry insiders say, it’s a big promotion and can be the next step towards a bigger responsibility.

 

According to reports, Tim Castree, the CEO of the merged entity, isn’t too keen on silos being set up in the form of regions. Hence all key market heads will report directly to him, and the rest – 45-odd currently – will be headed by Varghese. Varghese, who has spent 11 years in Maxus, had moved to the role of APAC CEO in January 14.

 

Meanwhile, it’s also learnt that the CEO for the merged entity for India will be announced soon. While rumour mills suggest that it may be Kartik Sharma, given his success with Maxus South Asia since Varghese moved to a larger role and a healthy portfolio of clients in the Maxus kitty, one has to the await the final announcement on this for next week.

 

A student of Xavier Insitute of Management, Bhubaneswar, Varghese was COO, Madison World before he joined Maxus in 2006.

 

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