Religare Enterprises Limited announced the appointment of Preeti Madan as an Additional Director on the company’s Board, with effect from January 24, 2023.
According to the company’s exchange filing, “the Board of Directors of the Company has on January 24, 2023, approved the appointment of Ms. Preeti Madan (DIN: 08384644) as Additional Director (Non-Executive and Independent) on the Board of Religare Enterprises Limited (“the Company”) for a term of 5 (five) consecutive years from the date of appointment i.e. January 24, 2023. The said appointment is subject to the approval of shareholders of the Company.”
Preeti Madan currently serves as a Regional Council member representing India Water Partnership (IWP) which is a part of the Global Water Partnership, an international network to foster integrated approach to water resource management. She served as independent Director on the board of WAPCOS Ltd for three years upto July 2022. She is also an Honorary adviser to the Indus Action, a voluntary organisation for under-privileged children.
An alumnus of the Lady Shriram College (BA Eco Hons: 1975-78) and the Delhi School of Economics (Masters in Economics: 1978-80), she joined the Indian Economic Service in 1981 and served in positions of increasing responsibility in State/ UT Governments and the Central Government. She acquired a Post Graduate Diploma in Management (1997- 99) from Concordia University (Montreal, Canada) during the course of her career.
During her 4-decade long experience in government that included heading delegations and multidisciplinary committees, she interacted with stake- holders including industry associations/ federations at top levels. She was involved in formulation and implementation of policy relating to Infrastructure (DEA); Industrial Promotion (DIPP); and in bilateral and multilateral negotiations in the Financial Services sector.
Madan brings onboard a gender perspective through her diverse experiences in related sectors. She was posted as Joint Secretary in Ministry of Woman and Child Development and served as a Member Secretary to the National Commission for Women (September 2015 to December 2016) at Additional Secretary level. She superannuated from the Government service at the post of Principal Economic Adviser, Department of Industrial Policy & Promotion, where she dealt with issues relating to industrial policy, including fiscal and investment matters. During this period Madan co-chaired the Task Force on Make in India and Transfer of Technology for the Mumbai-Ahmedabad High Speed Rail Project (MAHSR) in Department of Industrial Policy & Promotion.
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