Idea Cellular and Vodafone Group announced the proposed the new leadership team of the combined business, which will come into effect after the merger. Kumar Mangalam Birla would be the non-executive chairman of the board of directors of the merged company, while Sunil Sood, CEO & MD, Vodafone India will be one among the leadership team and also help governance through Board memberships.
Balesh Sharma, currently chief operating officer of Vodafone India, has been appointed as the chief executive officer of the merged entity. He will be responsible for the combined business’s strategy and its execution as well as driving integration.
Aditya Birla Group chairman Kumar Mangalam Birla and Vodafone Group, chief executive Vittorio Colao, in a joint statement said, “We are pleased to announce the proposed management team for the new company to be created through the merger of Idea and Vodafone India. The team has extensive operational experience and is an excellent blend of expertise from both companies. We look forward to the completion of the merger and competing as one company in the marketplace.”