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Samsung India VP Vivek Prakash puts in his papers; MD’s decision awaited

22-January-2005
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Samsung India VP Vivek Prakash puts in his papers; MD’s decision awaited

Vivek Prakash, Samsung India’s Vice-President and head of IT business, has put in his papers. Confirming the development to exchange4media, Ravinder Zutshi, Director, Sales, said, “It is true that Vivek has put in his papers but it is up to the management whether it accepts the resignation or not.” The company is waiting for K.S. Kim, Managing Director, to decide on Prakash’s resignation after he returns from Korea on January 30.

The company spokesperson informed that Prakash is currently on leave. Prakash was not available for comment.

Zutshi also confirmed that Kim will be moving back to Seoul and a new MD will soon be appointed. “Mr Kim will take care of the Samsung subsidiary in Korea,” he said.

Though sources in Samsung claim that the new MD is expected to come down from Indonesia, Zutshi said, “This is still not certain and will be known only when Mr Kim is back.”

Several senior level resignations have happened in Samsung India in recent times. Senior executives who have quit include Kunal Ahooja (Head-Telecom) and Amitabh Tiwari (Head-Refrigerator Business).

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