Telecom agency Vodafone Thought on Friday introduced the elevation of current chief monetary officer Akshay Moondra as its new chief govt officer with impact from August 19, the corporate mentioned in a regulatory submitting.

The corporate’s current managing director and chief govt officer Ravinder Takkar will proceed to be on the board of the corporate as a non-executive and non-independent director put up completion of his tenure, the submitting mentioned.

“The board of the corporate has, based mostly on the advice of the nomination and remuneration committee, appointed Akshaya Moondra, presently the chief monetary officer of the corporate, because the chief govt officer of the corporate for a interval of three years efficient August 19, 2022,” it added.

Takkar was appointed MD and CEO of the corporate on August 19, 2019, for a time period of three years which was scheduled to finish on August 18.

The corporate will announce a brand new CFO in the end, in accordance with the submitting.

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