CG Power appoints Amar Kaul as managing director & CEO

CG Power on Monday said that the company’s Board of Directors has selected Amar Kaul as next Managing Director & CEO for a period of five years beginning July 25, 2024. CG Power has recently got approval from the ministry of electronics and IT to set up a chip assembly plant in Gujarat.

“The Board of Directors of CG Power has been engaged for the last several months in finding a successor for the incumbent Managing Director N Srinivasan,” the company said in a statement. “N Srinivasan has built a very high-quality senior management team and who will provide continuity to the management team and thereby support both the smooth transition of leadership and ensuring continuity in business momentum.”