Chowfla is a US citizen, currently residing in India and will relocate to Northern Virginia as part of assuming this new role. He began his career in New Delhi with IBM, and went on to spend 18 years with Hewlett-Packard in positions in Europe, West Asia, Asia Pacific and the US. In 2007, he became the chief strategy officer and executive vice-president of the Mobile Services and Global Market Units of Comviva Technologies.
"Sangeet Chowfla is just the kind of Chief Executive the GMAC board had in mind when we began our CEO search earlier this year," said James Bradford, outgoing Chairman of the board of GMAC and Dean and Ralph Owen Professor of Management at the Owen School of Management, Vanderbilt University.
Bradford added that his global business experience, his understanding of technology and its impact on consumers, and his understanding of the way companies must anticipate, plan for and actively engage in the changing global marketplace, are all skills GMAC will need moving forward.
"I sought this opportunity because it has such great promise for leading a company with not only a great brand and a history of success, but also a company poised for greater success in the future. The Council-the work it does and the products it makes-has the potential every day to positively change someone’s life," said Sangeet Chowfla. He added that his job will be to take the strong foundation-GMAC 2.0, and build on it, shape it for the future and establish a new, even stronger GMAC: GMAC 3.0.
GMAC is a non-profit education organisation of the global graduate business schools and owns the GMAT exam, which is accepted by more than 5,500 graduate business and management programs in 110 plus nations across the world.
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