Voltas' Pradeep Bakshi elevated as MD & CEO in succession plan

Bakshi, a consumer durables expert has been with Voltas for most of his professional life, spanning three decades

Air-conditioning major Voltas on Monday announced the elevation of Chief Operating Officer Pradeep Bakshi as the managing director (MD) and chief executive officer (CEO) of the company, effective next year. 

Bakshi, 55, a consumer durables expert has been with Voltas for most of his professional life, spanning three decades. Under him, Voltas has given foreign brands such as LG, Samsung and Whirlpool stiff competition in air conditioners.

The succession plan, a culmination of a two-year programme within the company, comes as incumbent MD and CEO Sanjay Johri retires next February. At the same time, Anil George who is currently executive