Arthur Andersen Bangalore Head Puts In Papers

Arthur Andersen's head of Bangalore operations, Kunal Kashyap has resigned to seek opportunities in the infotech sector.

The master organiser behind the global investors meet scheduled to kick off here from June 5, Kashyap was a partner in Arthur Andersen and headed operations in the garden city.

Kashyap's portfolio will be handed over to senior manager Vivek Mishra, who is likely to become a partner.

Kashyap said his departure will not affect Arthur Andersen's role at the global investors meet but he is mulling several options before taking a final decision by early next week.

Industry sources said Kashyap is likely to join a start-up company in Bangalore or set up his own infotech enterprise.

 

The global investors meet is being held to showcase Karnataka as an attractive investment destination which aims to bring together investors and entrepreneurs and the state government. The state wants to attract investments of about Rs 10,000 crore during this meet.

Opportunities for investment lie in the information technology sector, electronics, telecommunications, biotechnology, apparel exports, agro-based industries, food processing, automobiles and components, pharmaceuticals, tourism, industrial townships and parks, power generation and distribution, express highways, minor seaports and minor airports.

Sixteen foreign players including US companies such as Eldorado Group, Serenova Inc, Magnolia Investments, and IXL, apart from OEC Oetrli Consulting, Zurich, Tranch Group CA, M Far Constructions Ltd, Thomson CSF, Tourraine Holdings Ltd of UK, Baker & McKenzie, Wartsila NSD Corporation, Vivendi, Merto Cash & Cash GmbH, and JTCI Singapore Pte Ltd are expected to participate in the seminar.