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Apollo Tyres today announced the redesignation of Sunam Sarkar, President and Chief Financial Officer, to the new position of President and Chief Business Officer, and his relocation to Singapore.
In his new assignment Sunam will oversee Corporate Strategy, Integrated Supply Chain including Raw Material Sourcing, Production Planning and Logistics Operations, Information Technology, Greater China Operations, Corporate Social Responsibility and Corporate Communications.
Speaking of the change, Neeraj Kanwar, Vice Chairman and Managing Director, said that he had a very fruitful stint as the CFO and had been instrumental in greatly strengthening the Apollo balance sheet.
Sunam joined Apollo in 1999 to head the Marketing function and has since successfully undertaken stints in Corporate Strategy, Operations and Finance.
He joined the Board of Directors in 2004 and continues as an Executive Director. He will continue as the CFO of the company until a replacement is announced.
