US industrial conglomerate GE recently announced the appointment of Mahesh Palashikar as President & CEO of GE South Asia effective February 1, 2020, with responsibility for India, Bangladesh and Sri Lanka markets.
Besides, the company announced the retirement of Vishal Wanchoo as President and CEO of GE South Asia from June 1, 2020, a press statement by GE said.
According to the statement, Vishal will be returning to the US after completion of the transition over to Mahesh. "Mahesh is a commercially savvy business leader with a global mindset and strong proven leadership. I am excited to continue strengthening our 100-year old presence in the region and driving robust growth for our customers and the company with Mahesh's appointment," Rachel Duan, Senior Vice President, GE, and President & CEO, GE Global Growth Organization, said.
As a 20-year GE veteran, Mahesh's career progressed through varied, complex assignments in manufacturing operations, global supply chain, quality, lean six sigma, sales, projects and services within GE's healthcare, power and renewable energy businesses.
