JSW Energy Limited, a division of JSW Group in India, announced it has appointed Rajeev Sharma as an Additional and Independent Director of the company, and Pritesh Vinay as an Additional and Whole-time Director designated as Director (Finance), effective March 24, 2022.
According to the company’s exchange filing, “we hereby inform you that the Board of Directors at its meeting held today has, inter-alia, approved the appointment of Mr. Rajeev Sharma as an Additional and Independent Director and Mr. Pritesh Vinay as an Additional and Whole-time Director designated as Director (Finance).”
Rajeev Sharma, aged 61 years, is a Bachelor of Electrical Engineering, Master’s in Engineering from University of Roorkee and Masters in Business Administration (MBA) from University of Delhi.
Sharma has more than 35 years’ of experience across the power sector value chain as acquired during his association with Energy Efficiency Services Limited, Power Finance Corporation Limited, Rural Electrification Corporation Limited, Power Grid Corporation of India Limited and Ministry of Power & Central Electricity Authority. He has more than 11 years of experience at the Board level, with more than 8 years as the Chairman and Managing Director. He has strong technical and financial expertise in the power sector given his varied experience in implementing, monitoring and stress resolution of projects / schemes including implementing power sector reforms as well as appraisal and fund raising. He was adjudged the BEST CEO in PSU category by Business Today in February, 2016.
Sharma is currently working as a Senior Advisor to Tata Power and also serves as a director on the Board of various reputed companies like Tata Power Renewable Microgrid Limited, Tata Power Solar Systems Limited. He is also engaged as an advisor / consultant to IntelliSmart Infrastructure Private Limited and ICICI Bank Limited.
Pritesh Vinay, 46 years of age, is a B.E. (Computer Science & Engineering) from Bihar Institute of Technology, Sindri and Master of Management Studies (Finance) from Sydenham Institute of Management Studies, Mumbai University.
He has around 21 years of rich and varied professional experience across Corporate Finance, Fund Raising (both onshore and offshore), Investor Relations, M&A and Equity Research, having worked with reputed Indian and Multinational corporations. Pritesh Vinay has been the Chief Financial Officer and Key Managerial Person of the Company with effect from 16th September, 2020. He will continue to be a Key Managerial Person of the Company in his present capacity as Director (Finance).
He has worked with the JSW Group for the past 10 years and prior to joining the Company as the Chief Financial Officer, he was Vice President – Corporate Finance with JSW Steel Limited and Head – Group Investor Relations for the JSW Group.
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