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Kumar Birla to be chairman of merged Voda-Idea entity; Balesh Sharma CEO

Idea's Akshaya Moondra has been named CFO and his colleague Ambrish Jain COO

Kumar Mangalam Birla
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Kumar Mangalam Birla

Romita Majumdar Mumbai
Idea Cellular and UK-based Vodafone Group Plc on Thursday announced a total restructuring of the leadership team for the merged business. Vodafone insider and current Chief Operating Officer (India) Balesh Sharma has been named Chief Executive Officer of the merged entity.
 
Sharma, who’s been with the group for more than 15 years across geographies and roles, has been at the forefront of the merger with Idea, sources said. The merged entity will have the largest market share, crossing top player Bharti Airtel’s at close to 30 per cent.
 
Sharma joined the group in 2003 (then Hutch) and has