Asia Bizz: Vikram Singh Mehta, the Chairman of the Shell group of companies in India has taken the decision to step down from his post. Mehta will be stepping down from his post after 24 years and will hold the position till October 31, 2012, after which his successor Yasmin Hilton will take on the new post.
London-based and Mumbai-born lady executive Yasmin Hilton has been with the Shell Group since the year 1979. With the takeover, Yasmin will become the first woman in the country to head an energy company.
On April 11, 2012, Shell released a statement which said that Yasmin, who holds a PhD in genetics, has also worked in a number of leaderships across the Shell Group, and will be relocated in India in the month of September this year.
While talking about his experience, Mehta said that he was the first employee of Shell in India and added that his reason to quit emerged from the fact he had the choice to continue doing the same things he had been doing for years or look at something different, but meaningful. Mehta added that he made up his mind to take a break to do something in India.