• Dr. YV Verma appointed as the COO, LG India

New Delhi, 28^th Dec 2009: LG Electronics, the Consumer Durable giant has today announced impressive changes & amendments to the existing top management profile at LGE India.

Acknowledging one of the relatively recent shifts in International Business environment i.e., the transfer from HQ perspective to transnational network (whereby the role and function of Local leadership has been widely recognized) LG Electronics has introduced radical changes in India. Dr. Y. V Verma who has been at the center of LG India right from its inception in the country and has played a pivotal role in taking the Brand to its current level of fortitude has been elevated to the position of Chief Operating Officer, LG India. He will now be responsible for the company’s operation in India and spearheading the Sales and marketing functions of LGEIL. 

Further top management changes at LG Electronics India include the shifting of Mr. V Ramachandran (formerly Director Mktg) to the level of “Head Strategy”. Mr. Amitabh Tiwari (formerly Business head of Home entertainment) has been elevated as the Head Sales. Mr. Rohit Pandit who brings with him a rich experience of 16 plus yrs in Consumer Durable Industry has been elevated as the Business Head for LG Home Entertainment.

These appointments signify LG’s efforts to take their business to the next level by becoming a more achievement-oriented organization. In recruiting these new executives, LG Electronics looked both domestically and internationally to identify leaders that can help it deliver on its global promise. LG India’s other newly-appointed top executives include Business Head of Mobile Communication Mr. Sudhin Mathur. Prior to this appointment, Mr. Mathur served as marketing head of Sony Ericsson.

With these newly-appointed executives in C-suite positions the Brand LG aims to become a more global, achievement-oriented organization.

On this occasion Mr Moon B Shin, MD LG Electronics India said, “We at LG India are delighted to introduce these new changes in the top management. With this we aim to increase operating efficiency and establish greater autonomy at the operating level; strengthening the independence of LG India as a subsidiary to LG Electronics. All these changes will come into effect from 1st Jan 2010.”

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About LG Electronics, Inc. 
LG Electronics India Pvt. Ltd., a wholly owned subsidiary   LG Electronics, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics, home appliances, IT hardware and mobile communications space. In India for a decade, LG has earned a premium brand positioning and is the acknowledged trendsetter for the industry.  

LGEIL's manufacturing unit at Greater  Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The second Greenfield facility is located at Ranjangaon; Pune has the capacity to manufacture GSM Phones, Colour Televisions, Air Conditioners, LCD TVs, washing machine, refrigerators and Optical Disc Drives. This is India's first mobile phone manufacturing unit and also Asia's largest Optical Disc Drive manufacturing plant.