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RDB Infrastructure Appoints New Directors for Key Roles in Strategic Move
Team Finance Saathi
18/Dec/2024
What's Covered under the Article:
- RDB Infrastructure appoints new directors, including a Managing Director, Whole-time Director, and Independent Director.
- The appointments are effective from 18th December 2024 to 17th December 2029, subject to shareholders’ approval.
- Profiles of the newly appointed directors reveal their extensive experience in management, finance, and operations.
RDB Infrastructure and Power Limited (formerly RDB Realty & Infrastructure Limited) has announced the appointment of three key individuals to strengthen its leadership team. At a Board meeting held on 18th December 2024, the company, following recommendations from the Nomination and Remuneration Committee, approved the appointments of Mr. Amit Kumar Goyal, Mr. Raju Singh, and Ms. Moumita Ghosh to the Board in various important roles. The appointments aim to enhance the company’s management expertise and foster growth across its operational and strategic sectors.
Key Appointments:
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Mr. Amit Kumar Goyal has been appointed as Managing Director of the company for a five-year term, effective from 18th December 2024 to 17th December 2029. Mr. Goyal brings over 21 years of experience in the fields of mergers, acquisitions, finance, accounts, and operations.
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Mr. Raju Singh has been appointed as Whole-time Director for the same five-year period. Mr. Singh’s expertise spans 15 years in operations and business management, making him an ideal choice to oversee RDB Infrastructure’s day-to-day operations.
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Ms. Moumita Ghosh has been appointed as Non-Executive Independent Director, also for a five-year term. With 16 years of experience in banking, sales, marketing, and operations, Ms. Ghosh’s leadership will support RDB Infrastructure’s strategic business development. Currently, she serves as a Business Development Consultant in the healthcare and financial industries.
Regulatory Compliance and Approvals
The appointments are subject to approval from the company’s shareholders through Postal Ballot as per Regulation 17(1C) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The board has confirmed that none of the appointees have been debarred by any authority, including SEBI, from holding directorships in companies.
Leadership Vision for Growth
These strategic appointments come at a time when RDB Infrastructure is looking to further solidify its market position and achieve operational excellence. The new leadership team, with their diverse professional backgrounds, will play a crucial role in driving the company’s business expansion and operational improvements.
Profiles of Appointees
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Mr. Amit Kumar Goyal, a B.Com (H) and CA, is highly experienced in managing financial and operational functions at high levels. His in-depth knowledge of mergers and acquisitions will be pivotal in leading the company toward growth and expansion.
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Mr. Raju Singh, holding a B.Com, MBA, and Masters in Fintech, brings valuable experience in business management and operations, ensuring that RDB Infrastructure’s projects and daily operations are streamlined efficiently.
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Ms. Moumita Ghosh, a management professional with a Master’s Degree and UGC NET qualification, has substantial experience in the banking and financial sectors. Her role as an Independent Director will ensure strong governance and strategic oversight in RDB’s long-term business strategies.
Company Overview
RDB Infrastructure and Power Limited is one of the leading companies in the infrastructure and power sectors, with a strong presence in real estate development, urban infrastructure, and energy solutions. The company’s focus is on driving sustainable development while continuously improving its operations through leadership and innovation.
With these appointments, RDB Infrastructure is poised to enter a new phase of operational excellence, underpinned by a robust leadership team. The company continues to build on its commitment to providing quality infrastructure and power solutions that cater to India’s growing demand for energy and urban development.
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