Specialty Chemicals firm Jubilant Ingrevia Limited announced it has appointed Deepak Jain as Managing Director and Chief Executive Officer of the company, with effect from October 1, 2023.
According to the company’s exchange filing, “We wish to inform you that based on the recommendation of the Nomination, Remuneration and Compensation Committee, the Board of Directors of the Company at its meeting held today i.e. July 26, 2023 considered and approved the proposal for appointment of Mr. Deepak Jain as CEO & Managing Director of the Company, subject to the approval of the shareholders, effective from 1st October 2023 for a period of 5 years.”
Deepak has more than 18 years of rich & diverse global experience with Bain & Company where he has been working as Senior Partner responsible for APAC Advanced Manufacturing & Services practice covering Automotive, Chemical and Cement industries. He has successfully delivered several manufacturing & digital transformations, performance enhancement programs, zerobased redesign that fuels competitive advantage, and multiple strategy programs across sectors. With his deep expertise, he has been instrumental in successfully transforming various companies in the chemical industry across India and Asia Pacific.
Deepak is an accomplished leader who has been recipient of multiple accolades like “ET 40 under Forty” and Fortune India’s “40 Under 40”. He is a proven thought leader having published multiple articles and reports in national print media. He is also a member of FICCI’s sectoral committee for Manufacturing.
Deepak is a Chemical Engineer from IIT Delhi where he earned the Silver Medalist award, and an MBA from IIM, Ahmedabad where he was an Industry Scholar.
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