Birla-Sun Life JVs announce chief executives
Mumbai: The Birla-Sun Life joint ventures announced on 15 July will have three new chief executives. Anand Zaveri will head Birla Sun Life broking, Sanjeev Roy will be the chief operating officer of Birla Sun Life Distribution and Madhavan Menon is the chief operating officer of Birla Sun Life Asset Management Company.

Birla Sun Life Asset Management Company will have as its chief executive Jeremy Beswick, seconded from Sun Life's London-based MFS International.

S.K. Mitra, head of the Birla financial businesses, and Sun Life vice president Vijay Singh will have overall responsibility for all the ventures.

Kumar Mangalam Birla will be chairman and Donald Stewart, chief executive officer of Sun Life Assurance will be director on the board of the three joint ventures.
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Sundararajan is chairman of Petronet
New Delhi: U. Sundararajan, chairman and managing director of Bharat Petroleum Corporation, is the new chairman of pipeline holding company Petronet India.

Mr Sundararajan succeeds M.A. Pathan, chairman, Indian Oil Corporation. M.L. Zutshi, chairman of Hindustan Petroleum Corporation, was in the race for the position. The three public sector oil company chiefs are supposed to hold the position by rotation.
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Warner Bros CEOs to quit
New York: Bob Daley and Terry Semel, chairmen and co-chief executive officers of Warner Brothers will leave the media group at the end of 1999.

The Hollywood Reporter, an entertainment trade paper, reported that the two had made the announcement at a board meeting of the company recently. They have not decided on their future, but the paper said they would remain together in any new ventures.
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