Corporate Updates

Philips India Gets New VC and MD

V Raja appointed as the new Vice Chairman and Managing Director for Philips India

V Raja appointed as the new Vice Chairman and Managing Director for Philips India

Philips India appoints V Raja as the new Vice Chairman and Managing Director for Philips India Limited, effective from 1st December 2015. Raja will be responsible for driving and building the Healthcare and Consumer Lifestyle businesses for Philips in India.

Raja takes over from A Krishna Kumar, who moved to a new role effective 1st September 2015 as Head of the Emerging Businesses Group for Philips globally and is based in Netherlands.

Raja brings in experience of spanning over three decades across diverse industries including Healthcare, Consumer Products and Food, in leadership roles in finance, business development, and procurement. He joins from TE Connectivity, where he was the President of India Operations since 2011. Prior to TE Connectivity, Raja worked with GE for 14 years of which seven years as business leader of GE Healthcare South Asia and has a proven track record of delivering strong growth and profitability, and nurturing and growing talent.

We are pleased with the appointment of Mr V Raja and we are confident that Philips will greatly benefit from Mr Rajas leadership and rich experience in business to consumer and business to business industries, said Ronald de Jong, Chief Market Leader of Royal Philips. Based upon the solid foundation that was established under Krishnas leadership, Mr Raja will play a key role in further strengthening our position in the Indian market as the leading company in health and well-being.

I am very excited to work with Philips, the company that has been innovating consistently to cater to the needs of modern day customers while maintaining the technological lead that lies at its core since its inception. It will definitely be an enriching experience to be part of a team that is changing the way India defines healthy living, said Raja.

Raja is a Commerce graduate from Kolkata, Chartered Accountant and Company Secretary. Before GE, Raja has worked for other multinationals including Hindustan Unilever for over eight years.

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