AnandRathi appoints Rakesh Rawal
Mumbai: Rakesh Rawal has been appointed the National Head — Wealth Management at AnandRathi. He will be based in Mumbai.

Rawal was joins AnandRathi from Deutsche Bank working as head of Private Wealth Management at Bangalore.
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Top level exodus at Aircel
Chennai: Jagdish Kini, group chairman and chief executive officer and Ganapathy Subramanian, chief financial officer at the Aircel Group have both resigned.

Company officials said Aircel had not anticipated their resignations and it had been 'caught unawares.'

Kini said his resignation was due to personal reasons and his inability to leave Bangalore — from where he was heading the Aircel Group.

The company is planning to move its headquarters to either New Delhi or Chennai.

Kini hopes to continue his association with the telecom industry by joining Enterprise 5c, a consulting firm that he started a while ago that is managed by his wife. As part of this firm, in the past, he has delivered strategy-consulting services to many telecom companies.

Malaysia's Maxis Communications Berhad owns 74 per cent stake in the Aircel Group and has earmarked investments of Rs 2,000 crore for 2007-08, most of which is likely to be used to expand its mobile network across India. At present, Aircel offers services in 9 telecom circles.
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Dasgupta appointed MD of LIC
Mumbai: A.K. Dasgupta has been appointed as managing director of the Life Insurance Corporation of India. He would be the third MD in LIC, along with D.K. Mehrotra and Thomas Mathew.

Dasgupta has held various posts in the Corporation including chief executive, LIC Housing Finance; Zonal Manager, LIC, Central Zone, Bhopal; and deputy general manager, LIC (International) Bahrain.

Prior to taking over as MD, he was heading the international operations and corporate communications department as Executive Director.
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