Anchor Electricals, a wholly owned subsidiary of Japan's Panasonic Corporation, has announced the appointment of Vivek Sharma as the new managing director to spearhead the electricals business.
In his new role, Mr Sharma will be responsible for driving the electricals arm of the organization and oversee growth of all businesses comprising wiring devices, switchgears, wires, cables & tapes, conduit pipes, lighting, solar, power tools and indoor air quality. Sharma is the first Indian to hold this position.
An industry veteran, Sharma has over 32 years of experience across lighting and consumer electronics sector. Previously, he was associated with private equity firm Everstone Capital Partners, as partner operations, focusing on acquisitions in the small domestic appliances domain. Sharma has also held senior positions with leading consumer durable companies in the past including Philips India and Morphy Richardswhich is a part of Bajaj Electricals