President of Global Markets Ravi Uppal who had bee a member of the ABB Group Executive Committee since July 2007, has all of a sudden decided to give up his post due to some personal reasons. He presently is planning to return back to India and start off a new carrier but outside ABB.

However it was revealed in the company’s statement that he will remain non-executive chairman of ABB in India, with the aim to ensure continuity in the business in the competitive and ever expanding market.

The statement said, “A successor for his Zurich-based role as head of Global Markets will be announced in due course.”

Chief Executive Officer Michel Demare, who fully respect Uppal’s decision reported, “ABB has benefited greatly over the years from his energy, drive and business knowledge. He leaves a strong legacy of growth and achievement and the ABB Executive Committee wishes him every success in future.”
 
Back in 1980, Uppal had joined ABB, and after spending five years at Volvo, the man returned to the company in 2001as ABB country manager in India. Uppal contributed a lot in the growth of the company as the general manager for South Asia from 2005. After that he was appointed by the Executive Committee, where he worked hard in making ABB successful in the region.