|Converged communications network operator Neotel on Thursday announced its organisational restructure which would come into effect as of July, owing to the companyâ€™s continued growth.
Neotel said that the new structure would create more focus as the newly-appointed leadership team would have the opportunity and resources to focus on what needed to be done to meet the organisational goals set for the next financial year.
â€œIn light of the ambitious targets for the 2009/10 financial year, a decision had to be made towards shifting gears and aligning the top management structure to take the company where it wants to go,â€ said Neotel MD and CEO Ajay Pandey.
He added that it was in the best interest of Neotel to change the way the company operated, and move from a business unit structure to a functional structure. â€œTherefore, Neotel has made new appointments to supplement the existing team as the organisation gears up for growth. The new executives bring to Neotel a wealth of industry experience and will no doubt contribute positively towards achieving our goals,â€ Pandey said.
Outgoing CFO Arun Gupta, would return to India in August, after completing his three-year secondment with Neotel.
Taking over as CFO was Anil Khandelwal, who has over 24-years experience in accounts, finance, mergers and acquisitions, internal audit, materials management and commercial matters. Strategic procurement would fall under the new CFO.
The sales and customer service of both the erstwhile enterprise and consumer business units would fall under one division, reporting to the chief sales and customer service officer – Stefano Mattiello, previously executive head of the enterprise business unit.
In the past, marketing and product development functions were separate business units, going forward, these would be combined and report into the newly appointed chief marketing officer Jacky Humphries, along with strategy and corporate communications.
Humphries has 17 years of Information Technology (IT) and telecommunications experience.
Technology group and IT would report into the Chief Operations Officer, who was still to be appointed.
To date, Neotel has run as a largely business unit driven organisation, with the enterprise business unit (EBU), consumer business unit (CBU) and networks business unit (NBU) running almost independently as small businesses within the organisation.
Support functions such as legal & secretariat, regulatory and human resources, along with current incumbents would continue to report directly to Pandey.
Neotel said that since its launch in 2006, the company has grown significantly, both from a headcount and customer perspective.