GMAC, the global council of world’s leading graduate schools of business and management, announced the appointment of Mr Chowfla as President to succeed David A. Wilson, who has served for the past 18 years as both President and CEO. Sangeet will join GMAC as President in September and assume the CEO role on January 1, 2014.
Carrying a rich experience of over 32 years, US citizen Mr Chowfla is a globally recognized executive with deep experience in the technology, telecommunications and venture capital sectors.
An alumunus of FMS Delhi and St. Stephen’s College at Delhi University, Mr. Chowfla’s particular area of expertise is ‘management of high-growth enterprises’, ‘creation of high performance teams’ and ‘internationalization of business’.
Starting 2007, he worked for five years at Mobile Services and Global Market Units of Comviva Technologies, a leading Indian telecommunications software company as its Chief Strategy Officer and Executive Vice President. While at Comviva, Sangeet led multiple business units and expanded the company’s global reach and presence. Previously, as a partner with Timeline Ventures in San Diego (2001-2006), he was an investor and board member of a number of communications and software companies. Mr. Chowfla began his his career in New Delhi with IBM. After that, he spent 18 years with the Hewlett-Packard Company in positions in Europe, the Middle East, Asia Pacific and the U.S., culminating in his tenure as Vice President and General Manager of the Inkjet Media Division from 1995-2001.
“Sangeet Chowfla is just the kind of Chief Executive the GMAC board had in mind when we began our CEO search earlier this year,” said James Bradford, outgoing Chairman of the board of GMAC and Dean and Ralph Owen Professor of Management at the Owen School of Management, Vanderbilt University. “His global business experience, his understanding of technology and its impact on consumers, and his understanding of the way companies must anticipate, plan for and actively engage in the changing global marketplace, are all skills GMAC will need moving forward.”
Speaking on his appointment, Mr Chowfla said, “I sought this opportunity because it has such great promise for leading a company with not only a great brand and a history of success, but also a company poised for greater success in the future. The Council — the work it does and the products it makes — has the potential every day to positively change someone’s life. I am excited by the challenge and gratified that the board has chosen to entrust me with this great company, its terrific management team and its world-class staff.”
According to GMAC, Mr. Chowfla was selected by a special GMAC global search committee from a list of 100 highly qualified potential candidates interviewed for the position.
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