The JSW Energy board in a regulatory filing announced that the company has appointed Sharad Mahendra as a Whole-time Director (Joint Managing Director & CEO– Designate) with effect from December 1, 2023.
Prashant Jain will continue to serve in his current position till January 31, 2024, to support an orderly transition. Accordingly, Mahendra shall be the Joint Managing Director & CEO and a key managerial person of the Company with effect from February 1, 2024.
Mahendra, aged 57 years, has completed his B. E. in Mechanical Engineering from NIT, Allahabad and brings with him 33 years of rich experience in organizational strategy, driving business growth, execution, sales and marketing, and people development across steel, power, chemicals as well as automobile sectors. He has worked with the JSW Group for 15 years.