Kirloskar Industries Limited announced the re-appointment of Satish Jamdar as an Independent Director on the company’s Board, with effect from May 17, 2023.
According to the company’s exchange filing, “the Board of Directors in its meeting held on 10 March 2023, has re-appointed Mr. Satish Jamdar ((holding DIN 00036653) as an Independent Director, whose period of office is liable to expire on 16 May 2023, to hold office for a second term up to his attaining the age of 75 years, i.e., up to 8 May 2027, with effect from 17 May 2023. His reappointment is subject to the approval of the members of the Company by way of a special resolution at the ensuing general meeting.”
Satish Jamdar, BE (Mech.) from IIT, Mumbai, with a vast experience of 43 years, has held leadership positions in several organisations. Satish Jamdar completed his management studies in USA and UK.
Satish Jamdar was an Executive Director on the Board of Blue Star for 13 years of which last 7 years was as the Managing Director. Satish Jamdar retired from Blue Star as Managing Director in March and as Special Advisor in May 2016.
During his overall 20 years with Blue Star, India’s leading air conditioning and refrigeration company, Satish Jamdar was instrumental in setting up an enhanced product development, AC&R technology and manufacturing footprint for Blue Star. This also included design, manufacture and servicing of products for OEM customers for the Middle East and European markets.
Satish Jamdar helped to grow the customer service business with a host of new offerings related to technology upgrades with remote monitoring and energy efficiency, among others. Satish Jamdar also helped to set up a strong global supply chain, including procurement from China and strategic technology partnerships with global suppliers.
Prior to this, Satish Jamdar was with Siemens, Voltas, GEC Alstom, and BPL Sanyo. During his long corporate stint, he oversaw a wide range of activities related to manufacturing, product development, supply chain, product service, EPC contracts, international business operations, HR, Finance, corporate governance and general management.
Satish Jamdar had been actively involved with CII (India’s largest corporate body) as Chairman of CII Maharashtra State Council and subsequently, as Chairman of CII Western Region Sub-Committees for inclusive growth and ease of doing business.
Satish Jamdar was a member of the CII National Manufacturing Council, as well. Satish Jamdar is currently associated with a few select start-up companies as their Investors, Chief Mentor and Business Advisor. Satish Jamdar is also engaged with a few social initiatives and programs to help needy to realise their full potential.
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