Bharti rejigs top managament

As it goes about expanding global footprint, Bharti Airtel announced on Wednesday changes in top management to suit its endeavour by naming CEO Manoj Kohli as head of its International Business Group.

The company also elevated deputy CEO Sanjay Kapoor to the post of CEO.

The move is aimed at enhancing its focus on expanding operations in international markets beyond India and South Asia and to further consolidate its leadership position in India, the company said.

"The next phase of our journey is set to be another game changer -- requiring superior thrust and focused leadership. We continue to win in Indian telecom market, which is going through a phase of hyper competition.

"At the same time, we will be developing comprehensive plans for our journey to cover emerging markets beyond India and South Asia," Bharti Airtel chairman and MD Sunil Mital said.

The new organisation structure will be effective from April, this year. The strategic rejig came a day after it agreed to buy majority 70 per cent stake in Warid Telecom of Bangladesh for $300 million.

Airtel has also announced creation of a new dedicated International Business Group that will be responsible for expanding the company's operations beyond India and South Asia region, the statement said.