Micromax has announced the induction of Sanjay Kapoor, former CEO of Bharti Airtel, to the Micromax promoter group and Chairman of the board with immediate effect.
This development reflects Micromax’s vision of stepping up to the next phase of growth. The company will be leveraging Kapoor’s vast experience in building India’s biggest telecom services brand and his industry expertise built playing an active role in prominent industry forums such as GSMA, CII, COAI and NASSCOM over the past 13 years.
Announcing the new Chairman, Rahul Sharma, Co-founder of Micromax Informatics 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 said, “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.”
Commenting on his appointment, Kapoor said, “I am excited as an entrepreneur to be a part of the promoter group and as a professional to lead the Micromax board and 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.”
Kapoor was the Chief Executive Officer for India and South Asia at Bharti Airtel (March 2010 till May 2013). He has also been a Board & Executive committee member of GSMA, (the global forum bringing together nearly 800 global mobile operators); Board member of Indus Towers (world’s largest telecom tower company with a portfolio of more than 1 lakh towers). At present, Kapoor is an active member on the board of Bennett, Coleman & Co and PVR.
Prior to joining the Bharti Group, he had worked with Xerox India as Director-Operations Support. He spent 14 years with the global Document management company, handling a range of key portfolios, ranging from Sales & Marketing to General management functions. He began his professional career as an Executive Trainee with Jay Engineering Works, the manufacturers of Usha fans and sewing machines, in 1983.