ITI Limited, a state-owned telecom gear maker, announced the appointment of Rajesh Rai, General Manager of MTNL, to the post of Chairman and Managing Director of the company, with effect from February 21, 2023.
According to the company’s exchange filing, “The Government of India vide Order no. E-14-3/2022-PSA dated 20th February 2023, has appointed Shri Rajesh Rai (DIN: 10052045), General Manager (GM), Mahanagar Telephone Nigam Limited (MTNL) to the post of Chairman and Managing Director of ITI Limited for a period of five years with effect from the date of his assumption of charge of the post i.e. 21st February 2023 (F /N), till the date of his superannuation, or until further orders, whichever is the earliest.”
Rajesh Rai having more than 30 years of rich experience in Telecommunication industry has assumed charge as Chairman and Managing Director of ITI Limited (ITI) on 21st February 2023. Prior to assuming charge as CMD in ITI, Rajesh Rai served as General Manager (Admin) of Mahanagar Telphone Nigam Limited (MTNL), Mumbai.
Rajesh Rai also held prestigious post of Chief Technology Officer of Mahanagar Telephone Mauritius Limited (MTML) in Mauritius for 12 years, where he was responsible for CDMA, GSM, 3G & 4G Network and customer acquisition.
He holds a Bachelors degree of Engineering in Electronics from Madan Mohan Malviya Engineering College, Gorakpur, M.Tech (Computer Science) from Jawaharlal Nehru University and MBA from FMS, Delhi University.
Speaking on this occasion, Rajesh Rai, the new Chairman and Managing Director of ITI Limited said, “I am delighted to take over as CMD of ITI Limited. ITI Limited has a rich legacy of being the first PSU of independent India and is now part of Indian technological folklore where almost every household used to possess a telecom handset manufactured by ITI. “
Speaking on the road that lay ahead, he said “I am delighted to join a Company which has pan India presence and one which has the potential to be a top-notch Company in telecom domain. Having looked at the state-of-the-art infrastructure ITI Limited has and its deep telecom manufacturing expertise, I am looking forward to be a part of this exciting transformation process of ITI Limited. I would put my heart and soul to ensure that ITI surges ahead banking on ‘Atmanirbhartha’ and ‘Make-in-India’ platforms. The responsibility I have been entrusted is very challenging and I look forward to add value and lead this team of committed professionals.”
“My focus area will be to ramp up production and do whatever it takes to increase revenue of the Company and make it one of the best places to work with for employees”, Rajesh Rai said.
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