Amar Kaul has been appointed as managing director & CEO by CG Power 😊

Crypto Reader: CG Power Appoints New Managing Director & CEO Amar Kaul

CG Power recently announced the selection of Amar Kaul as the next Managing Director and CEO for a five-year term starting July 25, 2024. The company received approval to establish a chip assembly plant in Gujarat from the Ministry of Electronics and IT. The Board of Directors has been searching for a successor to the current Managing Director, N Srinivasan, who has played a crucial role in building a strong senior management team.

The New Leadership at CG Power

Amar Kaul will join as Managing Director & CEO – designate on July 9, 2024, and will officially take over on July 25, 2024.
Vellayan Subbiah, the Chairman of CG Power, will continue to provide strategic guidance and oversight.

Amar Kaul’s Background and Experience

Kaul brings over 30 years of experience, with 12 years spent working internationally.
He has a diverse background in quality consulting, manufacturing, engineering, and leadership roles.
Prior to joining CG Power, Kaul held executive positions at Ingersoll Rand and served as Chairman and Managing Director of Ingersoll Rand in India.
He also has experience at companies like Bharat Forge and Delphi.

Education and Achievements

Kaul holds a B.Tech in Mechanical Engineering from G.B. Pant University and an MS Degree in Engineering Business Management from Warwick University in the UK.
Under Srinivasan’s leadership, CG Power witnessed significant growth, with a 20-fold increase in share price since he took over as Managing Director.

Hot Take: Conclusion for Crypto Reader

The appointment of Amar Kaul as the new Managing Director and CEO of CG Power marks an important transition for the company. With his extensive experience and leadership skills, Kaul is set to lead CG Power into a new era of growth and success. The continuity in leadership and strategic guidance provided by Vellayan Subbiah ensures a smooth transition for the company. Overall, this move reflects CG Power’s commitment to sustainable leadership and long-term success.