Mr. Arun Bongirwar takes over as new JNPT chairman
Mumbai: Mr. Arun Bongirwar has taken over as the chairman of Jawaharlal Nehru Port Trust (JNPT) with effect from January 29. Mr Bongirwar, who has relinquished charge as the chief secretary, Maharashtra government had earlier held various positions such as principal chief secretary, additional chief secretary to the chief minister, principal secretary (industries department) and development commissioner, SEEPZ.

Mr Bongirwar takes over the post of JNPT chairman, which fell vacant after the transfer of Mr M.P. Pinto, who took over as secretary (shipping) in the Union ministry of surface transport.
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Mr. Mohan Khanna steps down from BNP Paribas Equities
Mumbai: Mr. Mohan Khanna, CEO of BNP Paribas Equities' has stepped down. Mr. Khanna, who spent over two years with the subsidiary of BNP Paribas, was responsible for BNP Paribas broking and investment banking operations in the country.

Prior to joining BNP Paribas, Mr. Khanna was with UTI Securities as managing director. Mr Khanna's tenure saw the investment banking division clinch a number of major mandates including the divestment of government's stake in Hindustan Zinc, Mphasis BFL's private placement to raise $20-25 million, and Marubeni's fund raising programme for its Goa port.

Mr. Khanna's departure is however, believed to be part of BNP's organisational revamp worldwide. BNP Paribas will continue its investment banking and broking businesses in India.

This is the second resignation of a key official in the investment banking sector in Mumbai. Recently, Mr. Vinod Sethi, chief investment officer of Morgan Stanley Dean Witter Investment Management India had put in his papers.
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