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Sunil Sood to replace Marten Pieters as Vodafone India CEO

By afaqs! news bureau , afaqs!, Mumbai | In Digital | January 23, 2015
Pieters will remain on the board of Vodafone India in a non-executive capacity. The change will be effective from April 1.

Marten Pieters will be stepping down as managing director and chief executive officer of Vodafone India from April 1. Vodafone India chief operating officer Sunil Sood will succeed him. Pieters, however, will continue to remain on the Board of Vodafone India in a non-executive capacity.

Sunil Sood

Marten Pieters

Analjit Singh, chairman of the Board of Vodafone India says, "Marten's term as CEO has been marked by outstanding business performance and exemplary leadership in a highly complex sector and operating environment. Sunil has extensive operating experience and knows Vodafone India from within. He is therefore a great choice to grow and expand the business and I look forward to a successful transition."

Serpil Timuray, Group CEO for the Africa, Middle East and Asia-Pacific region, Vodafone adds, "The business will remain in good hands with Sunil who has also been integral to the growth of the company and the development of its capabilities, helping to drive consistent results through both good and challenging years."

Vittorio Colao, group chief executive, Vodafone, comments, "Marten will stand down from his role as chief executive with warm thanks from everyone in Vodafone. I look forward to working with Sunil to build on the successes of a business widely admired in India and internationally." Sood's successor as chief operating officer will be announced in due course.

For the record, Sood joined Vodafone India's predecessor business, Hutch, in 2000 and has held roles leading the company's operations in Gujarat, Kolkata and Chennai. He had previously worked for Pepsi in a range of Indian and international leadership roles. He graduated with a B.Tech from IIT (Delhi) and PGDM from IIM (Kolkata) and is also a graduate of the Harvard Business School Advanced Management Program.

Pieters was appointed as Vodafone India MD and CEO in February 2009 after an international telecommunications career, which included Board-level roles with KPN, Celtel and Millicom. Under his leadership, the company said, Vodafone India doubled revenues, added more than 100 million customers, increased market share and launched data services used by more than 57 million customers.