Micromax is on appointment spree in higher management category to stepup to the next phase of growth for its mobile handsets business. After taking into fold Vineet Taneja – ex head of Samusng Mobile as its CEO, Micromax has now appointed Sanjay Kapoor former CEO of Bharti Airtel to the Micromax promoter group and Chairman of the board with immediate effect.
Announcing the new Chairman, Rahul Sharma, Co-founder of Micromax Informatics Limited said, “We are glad to have Sanjay to be a part of Micromax’s promoter group and on our board as the new Chairman. Sanjay is one of the most respected professionals in the Indian corporate world and has been instrumental in building some of the most successful technology brands in the country over the past three decades. I am confident that he will be able to provide required strategic direction to take our billion dollar business to the next level of growth and expansion.”
He further added, “Sanjay’s strategic and inspirational leadership skills will certainly provide strong impetus to Micromax as we pursue our aim to be the first Indian hardware brand driving success globally. He will be instrumental in building synergies for our existing international businesses and spearhead our foray into other international markets in the near future.”
Sanjay Kapoor was the Chief Executive Officer for India and South Asia of India’s largest telecom company, Airtel (March 2010 till May 2013). Sanjay remains one of the key leaders in building Bharti Airtel from being one of the many players in the industry to making it as the number one telecom player in India, during his tenure with the company from July 1998 to May 2013.
Commenting on his appointment, Sanjay Kapoor, Chairman, Micromax Informatics Limited said, “I am excited as an entrepreneur to be a part of the promoter group and as a professional to lead the Micromax board & management. I look forward to adding value to all stakeholders leveraging my strengths in building scale, developing brands and understanding consumers. There is a tremendous potential for Micromax, a vibrant youth brand that has led the democratization of technology for masses, offering affordable innovations to the consumers.”
