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Market: Aalok Kumar heads NEC’s Global Smart City Business

Fiinews by Fiinews
February 23, 2023
in Markets
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NEC highlights vision of “In India, for India” and “From India, for Global”

NEC Corporation said Aalok Kumar, Chairman, President and CEO, NEC Corporation India, will take over a new global role as a Corporate Officer and Senior Vice President and Head of the Global Smart City Business.

As part of NEC’s Corporate Management Team, he will be responsible for building a global business, drawing on his unique learnings from his global experience, Takayuki Morita, President and CEO, NEC Corporation, said on 22 Feb 2023.

Aalok will continue to lead the India business and further strengthen India’s strategic positioning for NEC Group as a whole. He will continue to forge partnerships with the Government and private sector, pursuant to the company’s vision of “In India, for India” and “From India, for Global”.

“Having spearheaded some of our biggest marquee projects for both public and private organizations in his time at NEC Corporation India, Aalok has played a pivotal role in cementing NEC Corporation’s position as a trusted digital transformation partner to the Government and enterprises of India.

“His new position as a Corporate Officer and NEC’s management member leading India shows NEC’s commitment and importance towards India as a market.”

NEC aims to build a robust Global Smart City vertical, represented by talent from all over the world with deep technological know-how and experience.

India will play a major role in shaping this, drawing on Aalok’s expertise in driving digital transformation in India and the learnings from smart city projects implemented in the country.

In the long run, he will endeavour to set up a global Smart City Centre of Excellence in India, thereby fast-tracking the company’s realisation of its vision of developing solutions “From India, For Global”.

Prior to taking up the mantle as the President, and CEO at NEC India in 2020, he served as the Senior Vice President of McKinsey & Company. He has also worked in companies like GE Healthcare, GE Capital and ABN Amro Bank.

As part of NEC Corporation’s organisational changes, the various business units and the organisational management structure are being streamlined and consolidated at a global scale. In line with NEC’s “2030VISION”, the company aims to further strengthen its corporate governance and boost management speed towards catalysing the growth of its global business pillars. This will help NEC Corporation achieve its Mid-term Management Plan 2025 and increase NEC’s medium- to long-term corporate value as a global technology company.

NEC is a leader in the integration of IT and network technologies and brings nearly 125 years of expertise in technological innovation to provide solutions for empowering people, businesses, and society.

Headquartered in Japan, NEC started operations in India in the 1950s, accelerating its growth through the expansion of business to global markets. NEC in India expanded its business from telecommunications to public safety, logistics, transportation, retail, finance, unified communication, and IT platforms, serving across governments, businesses as well as individuals. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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