MUMBAI: Wire & Wireless India Ltd (WWIL) managing director Jagjit Singh Kohli has resigned. He will be relieved by the end of this month.

Deepak Chandnani has been appointed as WWIL CEO and would be taking charge in June. He comes from NCR India where he was managing director.

Commenting on the new appointment, Zee Group chairman Subhash Chandra said:“The diverse experience Deepak brings to WWIL, both as a leader in the corporate sector and as an entrepreneur, will provide a big boost to the growth plans of the company. We are confident that his leadership skills and consumer orientation would build on the lead that WWIL has created so far."

Chandnani comes with wide experience of 27 years in the consumer non-durable, consumer banking, technology and B2B led industries, across leading organizations in the country. A management graduate from IIM Ahmedabad, he started his career with Cheseborough Ponds & Hindustan Lever in sales and went on to become general manager marketing of Ponds India. He has held leadership roles in Citibank India and later became the first country manager for Yahoo India.

A doyen in the cable industry, Kohli is planning to set up his own operations. "I am in talks with several people for starting cable TV operations and will firm up my plans within 3-4 months," he says.

Kohli was to get a two per cent stake in WWIL, Zee Group‘s demerged cable company. "It was in the process of being transferred but I have decided to leave. There were some differences with Zee over valuations on Broadband Pacenet," Kohli says. Zee had earlier announced that it would be buying out Broadband Pacenet, a broadband services provider promoted by Kohli, Yogesh Shah and Yogesh Radhakrishnan.

Commenting on the departure of Kohli, Chandra said: “Jagjit has already set up the initial foundation for the digital cable business, but he wanted to move on for personal reasons and we wish him success ahead.”