Wednesday, January 09, 2008

Caught redhanded poaching

In one of the most sensational cases to hit the India Inc., Pankaj Razdan, Managing Director, ICICI Prudential Mutual Fund has Pankaj Razdan, Managing Director, ICICI Prudential Mutual Fundbeen accused of improper conduct. Razdan, who has now quit, was believed to be joining Aditya Birla Group’s financial services business where his former boss – Anil Srinivasan had already taken over as the head. While still at ICICI, Razdan is accused of poaching its employees for his new destination. The messages exchanged between Razdan and Srinivasan were discovered in the phone, which was handed over by Srinivasan before leaving ICICI. Meanwhile, Chief Investment Officer, Nilesh Shah, has been promoted to Deputy Managing Director and will continue holding the post of CIO.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2006

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