Hindustan Aeronautics Limited announced it has named C B Ananthakrishnan, Director (Finance), as Chairman and Managing Director, with effect from August 1, 2022.
According to the company’s exchange filing, “we would like to inform that Ministry of Defence vide its Letter No. 49013/03/2021-D(HAL-III) dated 15th July, 2022 (received on 18th July, 2022), has entrusted additional charge for the post of Chairman & Managing Director of the Company to Shri C B Ananthakrishnan, Director (Finance) of the Company, for three months from 1st August, 2022 or till the post of Chairman & Managing Director of the Company is vacant, whichever is earlier.”
C B Ananthakrishnan was appointed as Director (Finance) of the Company with effect from August 1, 2018. Prior to his appointment as Director (Finance), he was holding the post of Executive Director (Finance) in the Company. He joined the company as Chief Manager (Finance) on 31st March 2004 and thereafter worked in various capacities.
He holds a bachelor’s degree in Commerce from Loyola College, Chennai, MBA in Finance from Madras University and is a Cost & Management Accountant. He has over 30 years of work experience in Public & Private sectors with stints in merchant banking, pharmaceuticals, fertilizers, aerospace industry and has held various positions in the Company. He is also nominee Director of HAL in the Board of three joint ventures of HAL.
He played an active role in HAL’s Initial Public Offer (IPO) during March 2018. Having rich experience in pricing, he was instrumental in signing of major helicopter contracts of HAL including supply of 159 helicopters to the Armed Forces.
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