Ada Ratnam appointed as president of Philips India consumer lifestyle business

Dutch electronics major, Philips announced the appointment of Ada Ratnam as the president of its consumer lifestyle business in India. Mr Ratnam, who was earlier the head of the lighting systems and controls business of Philips India, will take over charge from Anjan Bose who will retire on March 31, 2012. Mr Ratnam joined Philips in November 2004. Commenting on the appointment, Philips India vice chairman & MD Rajeev Chopra said: “”We are pleased that Mr Ratnam has accepted the appointment to lead the consumer lifestyle business. I am confident that his extensive knowledge of the Philips organisation and his proven track record will take the consumer lifestyle business to newer heights.”