UB Group undergoes major reshuffle of its management

New Delhi, Oct 5 (UNI) UB Group Chairman Vijay Mallya has made a series of changes in key management positions across several Group companies Ashwin Malik, has been promoted and named as Chief Executive of Whyte&Mackay Ltd.

He has been with the UB Group for 19 years and will relocate to Glasgow, Scotland to manage the largest ever acquisition that The UB Group has made in the spirits business.

Mr Ashok Capoor has also been promoted and will move to Bangalore as Deputy President of United Spirits Ltd. Mr Ashok has been with the UB Group for 15 years and has successfully led the Western Regional Profit Centre in his current assignment.

In his new role as Deputy President, he will be in-charge of all five Regional Profit Centres as well as the CSD business of the Group.

Mr Shekhar Ramamurthy, who has been with the UB Group for 18 years, has been promoted to the position of Deputy President of United Breweries Ltd and in his new role, will look after operations in addition to overseeing sales and marketing.

Mr A Harish Bhat will now be the Deputy President&Group Treasurer while Mr P A Murali take the position of Deputy President - Finance and Administration of United Spirits Ltd.

Mr N R Rajsekher now moves to Mumbai as Chief Operating Officer of the Western Regional Profit Centre of United Spirits Ltd and Mr P S Gill Chief Operations Officer of the Northern Regional Profit Centre,.

Mr K Laxmi Narasimhan has been promoted as Acting Chief Operating Officer of the Andhra Pradesh Regional Profit Centre in Hyderabad of United Spirits Ltd.

Commenting on the changes, Dr Mallya said, ''As the UB Group marches forward from strength to strength, increasing its leadership position in its core businesses and creating extraordinary stakeholder value, I felt it necessary to strengthen the management team going forward in our beverage alcohol companies.'' UNI