Bharti Enterprises selects new MD

Bharti Enterprises has appointed Rahul Bhatnagar its new managing director and chief financial officer, a company statement said here on Wednesday.

Bhatnagar will report to Sunil Bharti Mittal, chairman, Bharti Enterprises. Bhatnagar takes over from Manoj Kohli, who has assumed the role of executive chairman, SBG Cleantech - a joint venture between SoftBank, Bharti and Foxconn for renewable energy.

In his new role, Bhatnagar will build strategic business value proposition for Bharti's non-telecom businesses. He will be responsible for further strengthening the financial management processes and governance of these businesses and also lead new business development for the group, the company statement said.

"We are delighted to have Rahul on board. Bharti has always attracted the best of talent and I am confident that Rahul's vast experience will add immense value to Bharti's emerging business portfolio. I wish him the very best for his new role," Sunil Bharti Mittal said.

Bhatnagar's last assignment was with PepsiCo, where he worked for over 19 years in various senior level positions across geographies.