Welspun Corp Limited announced the appointment of Arun Todarwal as Lead Independent Director on the company’s Board, with effect from July 1, 2022. He succeeds K.H. Viswanathan, who has resigned from the role of Lead Independent Director, w.e.f July 1, 2022.
According to the company’s exchange filing, “we wish to inform you that the Company in its board meeting held on June 27, 2022 noted the resignation of Mr. K.H. Viswanathan, the Lead Independent Director, with effect from July 1, 2022 and appointed Mr. Arun Todarwal as the Lead Independent Director, Chairman of the Audit Committee, Nomination and Remuneration Committee, Share Transfer and Stakeholders’ Relationship Committee, member of Risk Management Committee, ESG and CSR Committee, with effect from July 1, 2022.”
Arun Todarwal, aged 65 years, is a fellow member of the Institute of Chartered Accountants of India. He has been practicing for last 40 years handling Audit, International Taxation, Due Diligence, Management Consultancy. He is current Global Chairman of IAPA International – a global association of independent accountancy and business advisory firms who provide accounting, audit, tax advisory and business consultancy services. IAPA comprises of more than 160 professional firms world wide present in 66 countries. It is represented in the important industrial segments of North America, United Kingdom, Europe, the Far East and Australia.
He is a member of UK 200, UK’s leading association of independent chartered accountants and law firms, with connections around the world. This association has 150 member offices in the UK and more than 500 partners who serve roughly 150,000 business clients with international links in nearly 70 countries. He has served as Independent Director in Vedanta Group, Graviss Hotels Group, SREI Mutual Fund.
Welspun Corp Limited (WCL) is one of world’s-leading welded line pipe manufacturers, and the flagship company of the Welspun Group.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.