Vishakha Mulye is ushering in big changes at the financial services company, in the process ruffling a few feathers.
On 1 June, when former ICICI Bank veteran Vishakha Mulye took the reins of Aditya Birla Capital, one thing was clear: She had to hit the reset button at the financial services arm of the Aditya Birla Group, and do so quickly.
If anyone had doubts on this front, they were cleared a couple of weeks ago, when the company’s top brass flew to Thailand for an off-site. Even before they got there, there were apprehensions; this was not going to be the usual get-together, filled with team-building activities and morale-boosting speeches. “It was as if everyone had smelled a …
Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.
Editor, Banking
furquan@mailtmc.com
Delhi