ReNew Energy Global PLC has announced the proposed appointment of a new Board of Directors, which is to be seated after the close of the Company’s proposed business combination with RMG Acquisition Corporation II.
The proposed Board of Directors for ReNew Global include the following six independent Directors: Sir Sumantra Chakrabarti, formerly the President of The European Bank for Reconstruction and Development for two terms and Advisor to the Presidents of Kazakhstan and Uzbekistan on Economic Development; and Mr. Manoj Singh, formerly the Chief Operating Officer at Deloitte Touche Tohmatsu Ltd. (Deloitte Global); Ms. Michelle Robyn Grew, Group Chief Operations Officer, General Counsel and the Head of CSR and Responsible Investing for Man Group; Dr. Ram Charan, a management thinker and advisor to various global companies such as Bank of America, Toyota, 3G, Yidliz Holdings, Muyuan in China; Ms. Vanitha Narayanan, prior Chairman and MD of IBM India and Board leader; and Mr. Robert S. Mancini, a former executive of Goldman Sachs & Co. and The Carlyle Group.
In addition, the other four proposed directors are: Mr. Sumant Sinha, the founder of ReNew Power and ReNew Power’s Chairman and CEO since 2011. He will continue to serve as the Chairman of the post-combination company; Mr. Michael Bruun, head of Europe, Middle East and Africa corporate equity and head of India corporate and growth investing at Goldman Sachs Asset Management; Mr. Anuj Girotra, who oversees the Active Fundamental Equities and Relationship Investments programs for India at Canada Pension Plan Investment Board (CPP Investments); and Mr. Projesh Banerjea, a Portfolio Manager in the Infrastructure Division at ADIA, who is responsible for the team’s Asia coverage efforts.
Speaking about ReNew Global’s proposed Board, Founder, Chairman and CEO of ReNew Energy Global PLC, Mr. Sumant Sinha said, “The Board of Directors that we have put together, which include many independent directors and two women directors, is a diverse group of incredibly experienced professionals, with expertise across international institutions, business and government. The proposed Board is the right group to guide ReNew in its next phase of growth, and to serve as stewards for the new publicly listed company. I look forward to working with all of them to continue our market leading work in the Indian renewable energy space.”
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