 Public sector non-life insurance firm United India Insurance Company announced the appointment of S Gopakumar as its Director and General Manager with immediate effect. Prior to taking up the new role, Gopakumar was serving GIC Housing Finance Ltd as its Managing Director and Chief Executive Officer. |
| Source- The Moneycontrol |
 The nominating committee of Internet Corporation for Assigned Names and Numbers (ICANN) has selected Ajay Data, Founder & CEO of Data XGen Plus and a global leader in email linguistic services, as a new council member of Country Code Supporting Organisation (ccNSO). Ajay Data is the first Indian to have been selected as a member of ccNSO and will be representing India at a global level. He will be the custodian of Asia, Australia and Pacific Islands as a member of ccNSO. Data has got a two-year term and will take up the position during ICANN 63 Meet in Spain in October 2018. |
| Source- The Indian Express |
 Farm and construction equipment maker Escorts appointed Nikhil Nanda as the chairman and managing director (MD) of the mpany. He succeeded his father Rajan Nanda who passed away earlier this week after a brief illness. |
| Source- The Livemint |
 Zimbabwe President Emmerson Mnangagwa narrowly won the country’s landmark election in Zimbabwe. He is a former ally of Robert Mugabe. According to the Zimbabwe Electoral Commission (ZEC), Mr Mnangagwa won 50.8% of the vote, ahead of Nelson Chamisa of the Opposition MDC party with 44.3%. |
| Source- DD News |
 PepsiCo CEO Indra Nooyi will step down in October after serving for 12 years as the top boss at the global beverage giant, PepsiCo. Indian-origin Indra Nooyi was the first ever woman to be appointed the CEO at PepsiCo, in the year 2006. She will be succeeded by company President Ramon Laguarta, who has held the post since 2017. She will remain chairman till 2019. |
| Source- The Financial Express |
 Paytm Payments Bank CEO Renu Satti has resigned from the role and will now head Paytm's new retail initiative. Paytm will look for a replacement for Satti, who had taken over the CEO role last year. In the past, Satti has built businesses ground up that include market place, movie ticketing and most recently Paytm Payments Bank. |
| What is Paytm's "New Retail Model"? Under its 'New Retail' model, consumers will soon be able to discover nearby pharmacies, groceries and other shops to place an order and get instant deliveries. |
 The Hongkong and Shanghai Banking Corporation (HSBC) announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals. Rosha succeeded Jayant Rikhye. Rosha, who is currently HSBC’s Head of Financial Institutions Group (FIG) for Asia-Pacific, has 27 years of experience in the financial services sector. He began his career in financial services when he joined HSBC’s India operations in 1991. |
| Source- The Hindu Business Line |
  Tata AIA Life has recently announced that its board has appointed Rishi Srivastava as the new chief executive officer and managing director, subject to regulatory approval from IRDAI. Srivastava will take over from current chief executive officer Naveen Tahilyani who takes over as chief executive officer, group partnership distribution, AIA Group, Hong Kong. |
| Source- The Moneycontrol |
 Pakistan has got its first-ever woman Chief Justice of a high court. Justice Tahira Safdar was named as the Chief Justice of the Balochistan High Court by Chief Justice Mian Saqib Nisar. Justice Safdar had made history in 1982 when she became the first woman civil judge in Balochistan. She is currently a member of the three-judge special court conducting the trial of former President Pervez Musharraf for committing treason by proclaiming a state of emergency in November 2007. |
| Source- The Hindu |
 Wrestling Federation of India (WFI) president Brij Bhushan Saran Singh is set to be named the Chef de Mission of the Asian Games-bound Indian contingent. The four deputy Chefs de Mission set to be appointed are BS Kushwaha (former secretary of Indian Kayaking and Canoeing Federation), RK Sacheti (Executive Director of Boxing Federation of India, DK Singh (Uttarakhand Olympic Association) and Colonel RK Swain (Secretary of Equestrian Federation of India). |
| Source- DD News |
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