- Current Affairs October 2016
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Current Affairs October 2016 - Resignations
News 1 - Jawhar Sircar resigns as CEO of Prasar Bharati
Prasar Bharati Corporation CEO Jawhar Sircar has submitted his resignation four months ahead of the end of his tenure. He was due to retire in February 2017. Former information and broadcasting secretary Sunil Arora, who was recently appointed as an adviser in Prasar Bharati, is likely to succeed him.
Sircar had retired as secretary of culture with the Union government and was then appointed as Prasar Bharati CEO in 2012.
News 2 - BJP MLA Navjot Kaur Sidhu resigns from party
BJP MLA from Amritsar (East) constituency in Punjab, Doctor Navjot Kaur Sidhu, has resigned from primary membership of party. She sent her resignation to State president of party Vijay Sampla who has accepted the resignation of the MLA.
Her husband Navjot Singh Sidhu, three-time MP of the Bhartiya Janata Party from Amritsar, had quit his Rajya Sabha membership in July and resigned from the saffron party in September 2016. Dr Kaur's resignation comes over a month after Sidhu floated the new outfit, Awaaz-e-Punjab.
News 3 - British Olympics icon Jessica Ennis-Hill announces retirement from athletics
British Olympics icon Jessica Ennis-Hill announced her retirement from athletics following an inspirational career which spanned more than 15 years. She had won heptathlon gold for Great Britain at the London 2012 Olympics. She won her first world title in Berlin 2009.
The 30-year-old athlete had won a silver medal at the Rio Olympics. She has broken British records countless times and retires as the current British record holder in the Heptathlon.
News 4 - Visa’s CEO Charles Scharf resigns from his postition
Visa CEO Charlie Scharf has stepped down. Alfred F. Kelly, the former President of American Express and the current CEO of Manhattan based Intersection Co., will assume Scharf’s role as CEO. Kelly already sits on Visa's board of directors.
Scharf left JP Morgan to join Visa as CEO in November 2012. Under his watch, Visa’s stock surged over 130%. Scharf also closed a deal for Visa to combine with former unit Visa Europe in June.
News 5 - Cyrus Mistry removed as Tata Chief
The Board of Tata Sons has removed Cyrus Pallonji Mistry as the Chairman of the conglomerate and named Ratan Tata, Chairman of Tata Trusts as interim Chairman for four months. Tata Trusts, chaired by Tata, owns 66% stake in Tata Sons, while the Mistry family owns 18.5% stake.
The board has constituted a selection committee to choose the new chairman and has been mandated to complete the selection process in four months.