Indian power sector infrastructure investment trust IndiGrid has announced to elevate the company's Chief Financial Officer, Jyoti Kumar Agarwal, as new Chief Executive Officer and Whole-time Director with effect from July 1.
According to the company, Agarwal will take over as the CEO from Harsh Shah, who resigned from the position. Speaking on his appointment Agarwal said that he would focus to make IndiGrid a credible player in the infrastructure space over the last five years.
“I am thankful, to the IndiGrid Board for reposing their faith in appointing me as the Chief Executive Officer and Wholetime Director. I would also like to thank Harsh for his incredible leadership and his focused vision to establish IndiGrid as a credible player in the infrastructure space over the last five years. It gives me immense pleasure to mark the fifth anniversary of IndiGrid's listing,” Agarwal said.
Agarwal has been associated with IndiGrid in the role of CFO since September 2020.