manoj kohli

Shares in Bharti Airtel fell more than 5% on Thursday after the leading Indian telecom firm’s chief executive sold his entire holding in the company.
Manoj Kohli sold all his 123,000 shares through open market transactions in two tranches on 6 March 6 and 9, data from the National Stock Exchange released on Thursday showed.
A Bharti official said Kohli had sold the shares for personal reasons, which included to buy property.
At 11:55 a.m. (0655 GMT) the shares, which have more than 6% weight in the main index, were down 4.7% at 559.9 rupees, in Bombay Stock Exchange (BSE) that was up 1.7%.
At current prices, Kohli’s stake, which represented only 0.006% of Bharti’s equity, would have been worth about $1.3 million.
“The market is worried why all of a sudden the CEO had to sell his holding,” said R.K. Gupta, managing director at Taurus Asset Management.
He said investors were jittery about such insider stake sales after recent corporate scandals, including the alleged fraud at outsourcer Satyam Computer
“So nobody wants to take a risk. And we see Bharti stock remaining under pressure. The recent Trai announcement to cut interconnection charges is also negative for them,” he said.
The Telecom Regulatory Authority of India (Trai) said on Monday it would reduce by a third from 1 April the termination charge telecoms firms pay each other for domestic calls to 20paise a minute (less than half a US cent) from 30paise earlier.
The firm from which a call originates pays a termination charge to the called network.
Bharti, which had 91.11 million mobile users as of end-February, is India’s biggest mobile operator and competes with local firm Reliance Communications and global giant Vodafone in the world’s fastest-growing cellular market.

Manoj Kohli

President & CEO

Manoj was appointed President of Bharti Airtel in March 2006, heading the integrated business units of Mobile Services, Broadband & Telephone Services and Enterprise Services.

Manoj started his career in 1979 with DCM Ltd., where he led the HR function. This was followed by various leadership positions across many businesses of the Shriram Group. He left as Vice President, responsible for the air conditioning and refrigeration business unit, and spent the next few years at AlliedSignal, where he was Executive Director in charge of their new Industrial Park and operations in India.
Prior to joining Bharti as head of the Mobile Services business unit in 2002 Manoj was Executive Director and CEO of Escotel.

Manoj was the Chairman of Cellular Operators Association of India (COAI) and currently is a member of the Academic Council of the Faculty of Management Studies, New Delhi. He has been awarded the “Best Alumni Award” by SRCC, University of Delhi and was adjudged “Telecom Man of the Year”-Techies Award for 2000 by Transasia

Manoj holds graduate degrees in Commerce and Law and a MBA from Delhi University. He has attended the Executive Business Program at Michigan Business School and the Advance Management Program at Wharton, USA

Chief Executive Officer, President, Joint Managing Director, Director, Chief Executive Officer of India & SAARC Region and President of India & SAARC Region, Bharti Airtel Ltd.

46
46
Age Total Annual Compensation This person is connected to 46 board members in 4 different organizations across 1 different industries.

BACKGROUND*

Manoj Kohli has been Chief Executive Officer and President of Bharti Airtel Ltd. since April 2007 and is responsible for business strategy, operations and its results. Mr. Kohli has been Chief Executive Officer and President of India & SAARC region at Bharti Airtel Ltd. since April 1, 2007. He has been Joint Managing Director of Bharti Enterprises Limited and Bharti Airtel Ltd. since August 2008. He serves as Chief Executive Officer and Joint Managing Director of Bharti ...

EDUCATION*
LLB
University of Delhi
Bachelor's Degree
University of Delhi
MBA
University of Delhi
Other Education
Ross School of Business, University of Michigan