Suzlon Energy Ltd has recently made an announcement regarding the leadership of its wholly-owned subsidiary, Suzlon Global Services Limited (SGSL). Effective from January 16, the company appointed Sairam Prasad as the CEO of SGSL. This decision was disclosed in a regulatory filing. The statement outlined that Sairam Prasad’s role extends to being designated as one of the Senior Managerial Personnel (SMPs) of Suzlon Energy Ltd.
Suzlon Group is one of the global leaders in providing renewable energy solutions, revolutionizing the harnessing of sustainable energy sources worldwide. Operating in 17 countries spanning Asia, Australia, Europe, Africa, and the Americas, Suzlon is working to shape a greener future through its expertise in renewable energy systems.
With its headquarters located at One Earth in Pune, Suzlon holds Platinum LEED (Leadership in Energy and Environment Design) certification and has a GRIHA 5-star rating, making it one of the greenest corporate campuses globally. Suzlon’s comprehensive range of reliable and robust products, supported by cutting-edge research and development, reflects vision of ensuring optimal performance, higher yields, and maximum return on investment for its customers.
With a legacy of over two decades, Suzlon continues to drive innovation in renewable energy, contributing significantly to the global transition towards a sustainable and eco-friendly energy landscape. Through its diverse and extensive initiatives, Suzlon remains one of the player in advancing the use of clean and green energy solutions across the world.
A regulatory filing published by Suzlon Group, has also reported a concurrent change in leadership within SGSL. Ishwar Chand Mangal, the current Chief Executive Officer of SGSL and another SMP of Suzlon Energy Ltd, will now serve as CEO – New Business. In this capacity, Mr Mangal will report to the group chief executive officer. Additionally, Ishwar Chand Mangal will take on the role of non-executive director at SGSL, effective from February 1, 2024.
The appointment of Sairam Prasad as the new CEO is expected to bring fresh perspectives and strategic direction to SGSL, contributing to the overall growth and development of Suzlon Energy Ltd and its subsidiaries. These changes in leadership reflect the company’s vision to optimize its organizational structure for enhanced efficiency and effectiveness in the renewable energy sector.
The decision to appoint Sairam Prasad and reshuffle leadership responsibilities within SGSL reflects on Suzlon Energy Ltd’s proactive approach to adapt to the evolving dynamics of the renewable energy market. The company is likely to leverage the diverse skill sets and expertise of its leadership team to navigate challenges, explore new business opportunities, and contribute significantly to India’s renewable energy goals.
The move also reflects Suzlon Energy Ltd’s focus on fostering leadership talent from within its ranks, ensuring a smooth transition and continuity in the pursuit of operational excellence. The non-executive directorship for Ishwar Chand Mangal adds a strategic dimension to SGSL’s governance structure, providing valuable insights and oversight.
