MUMBAI: CNN Digital Worldwide has announced the appointment of Rishi Iyengar as India editor for CNNMoney. He will assume his duties from 17 October and will succeed Charles Riley who has moved to London to lead the CNNMoney team in Europe.

Iyengar will be based in the national capital New Delhi and will be responsible for reporting on key economic stories and developing new editorial content from India and expanding the network’s business coverage from the region. He joins as India’s rapid growth and young population offers a bright spot in the global economy, providing new opportunities for local and international business.

“As the world’s fastest growing big economy, India has the global business community’s interest,” said CNNMoney International managing editor Mark Thompson. “Rishi Iyengar’s appointment reaffirms our commitment to cover the latest economic developments from this vibrant country consistently and extensively.”

Iyengar has studied politics from Pune before getting his Masters in Journalism from Columbia University. His previous assignment was with Time Inc. in Hong Kong, where he covered the full range of news, business, politics and sports for the website and magazine.

CNNMoney is one of the world’s top business and financial online news destinations which claims to attract 40 million unique multiplatform users, 43 million video starts and 191 million page views globally every month.