GE Power India Limited announced the re-appointment of Prashant Chiranjive as Managing Director of the company for a term of five years, i.e from 16 April 2022 to 15 April 2027. Also, the company appointed Shukla Wassan as Independent Director to its Board, effective 29 November 2021.
According to the company’s exchange filing, “we wish to inform that basis the recommendation of Nomination and Remuneration Committee the Board of Directors in its meeting held on 29 November 2021 :- Appointed Ms. Shukla Wassan as an Independent Director for a first term of five (5) consecutive years with effect from 29 November 2021 to 28 November 2026, not liable to retire by rotation, subject to the approval of members. Reappointed Mr. Prashant Chiranjive Jain as Managing Director for a term of five years, subject to the approval of members.”
Prashant Jain is the Managing Director of GE Power India Ltd. as of April 2019. Prashant holds an MBA from the European School of Management & Technology (ESMT), Berlin, Germany. He graduated in Electrical & Electronics Engineering from Sri Venkateswara University, India. He has also attended management programs at the Indian Institute of Management (IIM) Bangalore and IIM Ahmedabad in India. Prashant started his professional career in March 1994. He has diverse experience in industry and energy sector globally including Renewables and has held various management positions in Oil & Gas, Power and Renewable energy.
Apart from GE, Prashant has served multinational organizations like Siemens, Schneider Electric etc. and has a deep domain strategic expertise, sales and business development experience in increasingly demanding industrial B2B and energy sectors. Before joining GE, Prashant led Power Generation Services for Siemens Limited.
Shukla Wassan is a Law graduate, Fellow Member of Institute of Company Secretaries of India & The Chartered Institute of Arbitrators, London and an internationally accredited Mediator. During her rich and diverse corporate career of over thirty years, she has been part of the Corporate Management Team of multinational companies – Hindustan Coca-Cola Beverages Pvt Ltd, Xerox India Ltd, Reckitt Benckiser Ltd & Max New York Life Insurance Co.
She has been also responsible for Corporate legal matters for The Coca-Cola Company’s subsidiaries in Nepal, Bangladesh & Sri Lanka and has been the Local Ethics Officer for over 15 years. Her wide-ranging experience includes Joint Venture, Acquisition & Refranchising, Merger, Strategic Alliances, Intellectual Property, Commercials & Manufacturing Operation, Competition Law, Arbitration, Corporate Governance, Environment & Sustainability and Corporate Social Responsibilities
She is presently the Chairperson of two listed entities in Nepal and Independent Director in four entities in India. She has served on several Boards for more than a decade. She is a speaker in seminars and conference; domestic & international. She has been Committee Member of various industry forums including CII, FICCI, ASSOCHAM, Institute of Company Secretaries of India with leadership roles in community organization.
She has received several national and international awards and recognition as General Counsel including being listed among the World’s Leading General Counsels. She is also a Mentor to General Counsels and Vice Presidents in India.
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