General Electric Co. (NYSE: GE) said Thursday it named John Flannery as president and CEO of its operations in India to streamline and expand its operations there, according to Associated Press.
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Flannery, 47, will oversee the consolidation of the conglomerate's Indian businesses into a single team with an integrated strategy that will help GE grow through local partnerships, technology leadership and strategic investments. India has growing energy, healthcare and transportation needs, GE said.
GE credited Flannery with building a similar business model for its finance business, GE Capital, across Asia since 2005. He oversaw GE's financial-services businesses as president and CEO for the region.
Flannery, a 22-year veteran of GE, previously held sales leadership and finance positions at GE Capital.
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