Mr. Ramesh N Subramanyam is Tata Power's new Chief Financial Officer (CFO)

Tata Power today announced the appointment of Mr. Ramesh N Subramanyam as the new Chief Financial Officer (CFO), effective March 31, 2014. This is consequent to the superannuation of Mr. S Ramakrishnan, Executive Director (Finance), Tata Power on February 28, 2014. Furthermore, please note that Mr. S. Padmanabhan, Executive Director (Operations), who held the additional charge of the Finance function as Chief Financial Officer in the interim, i.e. from February 28, 2014, as communicated on February 28, 2014, ceases to be the CFO of Tata Power with effect from today.

As the CFO of the Company, Mr. Subramanyam shall oversee finance, accounting, treasury, tax, corporate insurance, budgeting, financial concurrence, business analyst & MIS functions. In addition, Corporate Commercial function shall also report to him.

Mr. Subramanyam brings with him approximately 22 years of experience in the fields of finance, corporate treasury, accounts and secretarial functions. Before joining the Tata Group he has worked with institutions including Siemens, Hindustan Lever.

Mr. Subramanyam had joined Tata Power group in 2007 and was the CFO & Company Secretary of Coastal Gujarat Power Limited (CGPL), Tata Power’s wholly owned subsidiary. In October 2012, Mr. Subramanyam was appointed as Chief-F&A (Indian subsidiaries) of the Company. He is currently the Financial Controller of the Company.

On this occasion, Mr. Anil Sardana, CEO& Managing Director, Tata Power said “We are happy to announce the appointment of Mr. Subramanyam as Chief Financial Officer (CFO) of the Company. He has alr domain of finance and corporate treasury will help the Company in its aim for achieving newer standards of performance. We wish him the very best in his new role & assignment”.