industry

Indus Towers appoints Sunil Sood as additional director on its board


Former Vodafone India chief executive Sunil Sood has joined the board of as an additional director in the capacity of non-executive non-independent director from June 30.

In a filing on the Bombay Stock Exchange Thursday, the company informed that Sood will hold office as an additional director till the date of the upcoming general meeting and “being eligible has been recommended to the shareholders for appointment as a director liable to retire by rotation in the ensuing General Meeting”.

The company also said that Balesh Sharma, the first CEO of the merged

, had resigned from the position of non-executive director with immediate effect.

Sood is a director on the board of Vodafone Group’s India joint venture – Vodafone Idea Limited (Vi) and Vodacom Group South Africa. He was the group commercial director, AMAP and Group M-Pesa Financial Services Director of Vodafone Group Services from September 2018 to September 2020.

He was also a director of erstwhile Indus Towers Limited and Safaricom-Kenya in the past.

In that capacity, he managed the commercial operations and strategy as well as the innovation and transformation projects for the Africa, Middle East, Asia & Pacific Regions and as director- financial services, his role was to transform the business from a meagre mobile phone-based money transfer service to a digital, future-fit FinTech Platform.

He started his telecom journey with Vodafone in the summer of 2000 and over the years has held several senior positions including managing director and CEO for Vodafone India Limited (April 2015- August 2018).

Sood began his career in the FMCG industry in various roles across India and other emerging markets in Africa and South-East Asia, including the role of CEO of Pepsico in Bangladesh.

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