Anil Ambani-led Reliance Communications (RCom) has expanded its board by elevating four executives, a day after its calling off the merger with rival Aircel.
Punit Garg, president, telecom business, has been appointed as executive director of RCom while Manikantan V, who is the chief financial officer, is director of the company.
The decision to elevate Mr. Garg and Mr. Manikantan was taken at a meeting of the board held on Monday, the company said in a BSE filing.
Mr. Garg had been part of the company’s leadership team since the last 17 years and had held several positions in the company, including as the CEO of Indian and Global Enterprise Business, Corporate Strategy and Regulatory Affairs. Mr. Manikantan had been with the company for the last 22 years, holding several senior positions.
Suresh Rangachar, director of Reliance Infratel Limited (RITL), a subsidiary of the company, who heads the fibre and tower business, has been elevated as executive director of RITL.
Similarly, Gurdeep Singh, co-CEO of the company and CEO of the mobility business, had been elevated as executive director of Reliance Telecom Limited, a subsidiary of the company. Mr. Singh had been with the company for the last six years.
Mr. William (Bill) Barney, co-CEO of the company, also serves as chief executive officer and director of Global Cloud Xchange, a subsidiary of the company, has also been elevated to the board.