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GE Power India's Prashant Jain resigns as MD
Prashant Jain steps down as Managing Director of GE Power India Ltd. after a tenure marked by strategic initiatives, with Puneet Bhatla set to take the helm from September 1, 2024.
GE Power India Ltd. (GPIL) announced on Wednesday that Prashant Jain's resignation would be effective from the close of business on August 31, 2024.
GE Power India Ltd. (GPIL) announced on Wednesday that Prashant Jain, its Managing Director, has resigned. The company confirmed the news in a media report, stating that Jain's resignation would be effective from the close of business on August 31, 2024.
The board of directors held a meeting on Wednesday, during which they formally accepted Jain's resignation. To ensure a smooth transition, the board has appointed Puneet Bhatla as an Additional Director and Managing Director, starting from September 1, 2024. Bhatla's appointment will be for a term extending until June 30, 2027, subject to approval from the company's members.
GPIL is a company deeply involved in the engineering, procurement, manufacturing, construction, and service of power plants and power equipment.
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