Krishna Kumar, current President and Head of Philips Healthcare Business, will assume charge as Managing Director and CEO of Philips Electronics India Ltd with effect from December 2013. He takes over from Rajeev Chopra who moves to Brussels as Global Head of the Philips Consumer Luminaire Business Group. Kumar joined Philips in June 2010 as President and Business Head of Philips Healthcare. He has double masters from leading institutes – IIM Ahmedabad and Kellog School of Management. His experience spans across India, USA, Japan and China in leadership positions at Coopers & Lybrand Consulting, HSBC Investment Banking, Microland and more recently at Johnson & Johnson’s Healthcare division. October 29 2013