According to reports, GE India has appointed Banmali Agrawala as President and CEO of its energy business in the country.
Agrawala, who was Executive Director of Strategy and Business Development at Tata Power Company, had recently announced his exit from the company with effect from November 30, 2011, citing personal reasons.
“Banmali will be responsible for driving overall growth and strengthening the business in India. He will step into his new role on December 1, 2011,” GE said in a statement today.
“We are fortunate to attract an energy executive as strong as Banmali Agrawala. His appointment as a GE Officer reflects the importance of this role and our respect for his accomplishments to date,” John L Flannery, President and CEO, GE India said.
“Energy is our largest business in India but still has huge room to grow in new areas like renewables and distributed energy – as well as traditional gas and steam turbines and services,” Flannery said.
Agrawala has over 24 years of professional experience and has held several senior positions in industrial companies.
From 1987 to 2008, Agrawala was with Wartsila India Limited, holding several leadership positions in both India and Europe, and ultimately serving as Managing Director of the company for five years. Since 2008 he was working with Tata Power.
“I look forward to being a part of GE India’s leadership, further building on the success of the energy business and working closely with the teams,” Agrawala said.
Kishore Jayaraman, currently the leading GE Energy executive in India, will be transitioning to a new role in GE during 2012.
GE Energy provides a diverse portfolio of product and service solutions that touch every energy industry including fossil, nuclear, and renewable power generation; grid modernisation; the production and distribution of oil, natural gas, unconventional and biofuels, and water processing.