Business
ReNew appoints new CFO
- Also brings in new General Counsel, Chief Growth Officer - Comes on back of total portfolio crossing 12 GW and strategic tie-ups in green hydrogen and
About this update from Renew Energy Global Plc
[{"type":"text","content":"- Also brings in new General Counsel, Chief Growth Officer\n- Comes on back of total portfolio crossing 12 GW and strategic tie-ups in green hydrogen and battery storage\nGURUGRAM, India, May 10, 2022 /PRNewswire/ -- ReNew Power (\"ReNew\" or \"the Company\") (NASDAQ: RNW) (NASDAQ: RNWWW), India's leading renewable energy company, today announced it has hired a Group CFO to help drive its next phase of strong growth.\nReNew has also hired a new General Counsel and a Chief Growth Officer who will help lead the company's expansion journey over the next decade, including its push into new clean energy segments such as green hydrogen. The leadership hires come as ReNew's gross total portfolio jumped nearly 20% to ~12.1 GW at the end of April from 10.2 GW at the beginning of 2022. ReNew continues to lead the industry as India's top utility-scale solar developer in 2021, according to Mercom India.\nKedar Upadhye has been appointed as Group CFO. He comes with over 22 years of diverse and global experience. Prior to joining ReNew, he was President and Global CFO, Cipla, one of India's largest publicly traded pharmaceutical companies, with a market cap of approximately $US 9.8 billion. As CFO at Cipla, he headed the global finance and information technology functions and worked across multiple geographies, including the US. His leadership experience includes core financial reporting, business partnership, business model realignment & cost optimization, corporate finance, and global investor relations, apart from implementing several high-impact, cross-functional transformational projects.\nBefore Cipla, he was VP and Head, Finance and Investor Relations for NYSE-listed Dr. Reddy's Laboratories. Kedar has also held leadership roles at PepsiCo and Thermax. He holds an MBA from the Indian Institute of Management, Bangalore, and is a qualified Company Secretary, as well as a Cost Accountant.\n\"I am excited to join the inspiring growth journey at ReNew when it is in the process of expanding its footprint and impact multi-fold. I aspire to be a strong partner for value creation, stakeholder delight, and best-in-class governance at ReNew,\" Kedar said.\nVikash Jain joins ReNew as Global General Counsel. He comes with rich and varied international experience of over 26 years in compliance, governance, and litigation. In his last role, he was Gr...