HIL, a building materials solutions company, announced the appointment of Akshat Seth as its Managing Director and Chief Executive Officer, effective February 1, according to ETHRWorld report.
In this role, Seth will develop and implement a strategy focusing on strengthening the product portfolio and expanding the revenue base and profitability for HIL. He will further enhance the business’s brand presence and intensify the digital agenda, according to a statement.
Seth joins HIL from CK Birla Healthcare where he was a member of the founding team and served as CEO.
He joined the CK Birla Group in 2014 to lead the Office of Growth & Strategy, driving Strategy, M&A and New Business Development across all the Group companies. Since 2016, he has led CK Birla Healthcare, scripting the Group’s foray into healthcare delivery: The CK Birla Hospital, Birla Fertility & IVF and the Group’s Digital Health Venture.
Prior to joining the CK Birla Group, Seth was a management consultant with AT Kearney focused on clients in the Oil & Gas, Energy and Process industries across India, the Middle east and Europe.
C K Birla, Chairman, HIL, said, “I am thrilled to welcome Akshat as Managing Director and CEO of HIL. I have known and worked with Akshat for over eight years, and his ability to lead is well proven during his leadership of our healthcare business. His demonstrated ability as a brand builder and keen eye for process and capability building will be true differentiators for HIL in this next phase of growth. He is uniquely positioned to take the company forward. The perspectives he brings will be a vital asset as we build on our legacy. I thank the outgoing MD and CEO, Dhirup Roy Choudhary for his valuable contribution to HIL,” he added.
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