After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing Director.
Chaudhary will now focus on future expansion, new business opportunities and growth plans including investments and major capex decisions among key business areas. The announcement came at a time when the company is marching towards its next phase of growth.
On the appointment, Saibaba Vutukuri said “I’m delighted to be joining Vikram Solar as the CEO at an exciting time for the business. It is a remarkable company with a long history of outperformance, creating innovative products. I’m looking forward to working with an exceptional group of leaders over the coming years to continue to transform Vikram Solar.”
“It is important to state that we, at Vikram Solar, are going to stay true to our DNA and will continue to make the best products in the industry that delight our customers and make our employees incredibly proud of what they do,” he added.
“Sai’s knowledge and experience will be an extremely valuable asset to Vikram Solar. His wide experience in solar manufacturing, corporate affairs and international markets will help us to further strengthen our leadership position in the renewable sector.
I will be supporting Sai in the transition process during the first half of the year to ensure a seamless experience for all our internal and external stakeholders,” said Gyanesh Chaudhary, Managing Director of Vikram Solar on Vutukuri’s appointment.
Vutukuri brings with him 34 years of industry experience and has been aiding the growth of renewable energy in India and across the globe for over 2 decades.