Panasonic appoints Vivek Sharma as new MD for Indian Electricals Business

Anchor Electricals Private Limited, a wholly owned subsidiary of Panasonic Corporation on Monday announced appointment of Vivek Sharma as the company's new Managing Director to spearhead its electricals business.

In his new role, Sharma will be responsible for driving the electricals arm of the organization and oversee growth of all businesses comprising wiring devices, switchgears; wires, cables and tapes, conduit pipes, lighting, solar, housing, power tools and indoor air quality.

An industry veteran, he comes with over 32 years of experience across FMCD, lighting and consumer electronics sector. Previously, he was associated with private equity firm Everstone Capital Partners, as Partner Operations, focusing on acquisitions in the small domestic appliances domain.

"Vivek Sharma's appointment comes at an opportune moment as the organisation is undergoing transformation from hardware to solutions. His versatility and astute business knowledge will enable the company to implement the strategic roadmap for Anchor," said president and CEO, India and South Asia- Panasonic India, Manish Sharma.

"I am looking forward to further consolidate and strengthen the company's electricals business and reinforce our position as undisputed industry leaders in this space. As a part of the new role, one of my key focus areas will be to enhance consumer connect for both our brands: Anchor and Panasonic, in the electrical space," said Vivek Sharma on his appointment.

Vivek has completed his MBA from Pune's prestigious Symbiosis Institute of Business Management and was also the President of the 6th Batch of the Students' Council.