NEW YORK, Nov. 6, 2007 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced that Sumeet Nihalani, 43, has joined the group as senior director sales, Asia Pacific.
Based in Singapore, Mr. Nihalani will manage the Asia Pacific sales team and will oversee the business development and licensing of all Dow Jones and Dow Jones STOXX Indexes for the Asia Pacific region. Additionally, he will head Dow Jones Indexes' growing Islamic index business globally.
"Sumeet's strong sales background will be a great asset to further strengthen Dow Jones Indexes and STOXX's position as a leading global index provider," said Michael A. Petronella, president, Dow Jones Indexes. "His South East Asian business experience will also help to leverage the increasing interest in our Dow Jones Islamic Market Indexes in that region."
Mr. Nihalani brings more than 20 years' sales experience to this newly created position. He has been with Dow Jones & Company since 2001, where most recently he has been managing sales operations for Dow Jones Newswires and Factiva in South East Asia & South Asia and was instrumental in driving growth and creating an ambitious and winning sales team with cutting-edge selling skills. Prior to his role at Dow Jones & Company Mr. Nihalani also has held similar sales and marketing positions in India.
Mr. Nihalani received his honors degree in Economics from the University of Delhi in India.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:
New York: +1-212-597-5720 Frankfurt: +49-69-29-725-290
Note to Editors:
About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 59 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
Dow Jones Indexes is part of Dow Jones & Company (NYSE:DJ) (www.dowjones.com), which is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch.com, eFinancialNews and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to CNBC and radio stations in the U.S.
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