Edition:
India

Suzlon Energy Ltd (SUZL.BO)

SUZL.BO on Bombay Stock Exchange

4.05INR
10:21am IST
Change (% chg)

Rs-0.21 (-4.93%)
Prev Close
Rs4.26
Open
Rs4.28
Day's High
Rs4.31
Day's Low
Rs4.05
Volume
8,263,520
Avg. Vol
6,487,696
52-wk High
Rs6.19
52-wk Low
Rs1.65

Summary

Name Age Since Current Position

Tulsi Tanti

Executive Chairman of the Board, Managing Director

Swapnil Jain

2019 Chief Financial Officer

Vinod Tanti

56 2016 Chief Operating Officer, Whole Time Director

Geetanjali Vaidya

2019 Compliance Officer, Company Secretary

Rakesh Sharma

2019 Nominee Director

Girish Tanti

49 2011 Non-Executive Director

Seemantinee Khot

2020 Additional Independent Director

Sameer Shah

2020 Additional Independent Director

Marc Desaedeleer

68 2012 Non-Executive Independent Director

Per Hornung Pedersen

62 2015 Non-Executive Independent Director

Biographies

Name Description

Tulsi Tanti

Mr. Tulsi R. Tanti serves as Executive Chairman of the Board, Managing Director of the Company. Mr. Tulsi R. Tanti is the founder of Suzlon Energy Limited and has been its Chairman & Managing Director since its inception in 1995. Mr. Tulsi R.Tanti is a Commerce Graduate and holds a Diploma in Mechanical Engineering. He is from Rajkot, Gujarat where he started his first venture which was in textiles. He set up two wind turbines to supply electricity for his textile units in Gujarat. As his textile business flourished on sustainable power supplied, he recognised the potential of the wind energy offered and led to the creation of Suzlon Energy Limited in 1995. Under his stewardship, the Company has grown to be a leading wind turbine manufacturer in the world. Mr. Tulsi R.Tanti is responsible for the overall strategic direction of the Company and has led the Company to rank among the top five of global wind turbine producers in terms of MW installations. He has been awarded with a number of awards, a few of them being the “Champion of the Earth 2009” by the United Nations Environment Program, “Global Indian Award 2009” by Canada India Foundation, “Hero of the Environment Award” by TIME Magazine, “Rajiv Gandhi Award 2007” for the most successful industrialist in India, “Ernst & Young Entrepreneur of the Year 2006” by Ernst & Young, “India Business Leader Award 2006” by the television channel CNBC TV18 in the category “The most promising entrant into the big league”; “Terialumni Award” for outstanding “Entrepreneurship in Energy - Environment Technologies 2006” by The Terialumni Trust; “Best Renewable Man of the Decade”, which is a lifetime achievement award from the Foundation of Indian Industry and Economists in 2005; “World Wind Energy Award 2003” by World Wind Energy Association; “Business Leadership Award 2002” by Solar Energy Society of India.

Swapnil Jain

Mr. Swapnil Jain serves as Chief Financial Officer of the Company. Mr. Swapnil Jain is a MBA in finance and comes with around 23 years of experience in leadership position with large diverse organisations. Mr. Jain was previously with Essar Group since 1997 and over last 21 years he had held progressive positions with increasing responsibilities.

Vinod Tanti

Mr. Vinod R. Tanti is Chief Operating Officer, Whole Time Director of the company. Mr. Vinod R.Tanti holds a Degree in Civil Engineering and has been associated with Suzlon right from its inception. In his 26 years of industry experience, he has handled diverse portfolios, largely on a Conceive - Design - Build - Operate and Transfer model. He contributes to the Company his experience of the entire wind value chain segments as well as process centricity and innovation. His focus areas are creating alignment and deriving synergy within and between value chain components.

Geetanjali Vaidya

Mrs. Geetanjali S. Vaidya serves as Compliance Officer, Company Secretary of the Company. She is an Associate member of the Institute of Company Secretaries of India and has 15 years of experience in the secretarial field. She has also been associated with the Suzlon Group since April 2005.

Rakesh Sharma

Mr. Rakesh Sharma serves as Nominee Director of the Company. He holds the degree of B.Sc. in Bio & Chemistry and LLM in Corporate Laws. He joined State Bank of India in 1978 as a probationary officer. He has handled various assignments in retail banking, corporate credit, international banking, micro finance and agricultural banking. He was instrumental in opening of State Bank of India's branch at Shanghai, China. His last assignment with State Bank of India was as Circle Chief General Manager of undivided Andhra Pradesh.

Girish Tanti

Mr. Girish R. Tanti is Non-Executive Director of Suzlon Energy Ltd. Mr. Girish Tanti is one of the founding members of Suzlon Energy Limited. An electronics engineer with a management graduation from the Business School at The Cardiff University UK, he brings to Suzlon a unique blend of understanding the dynamics of technology and strong business acumen. He has played many roles in helping create the global corporation that Suzlon is today. Over the years he has led International Business Development, Human Resources, Information Technology, Communications and CSR – all critical functions in making Suzlon the only wind energy player from a developing nation to rank among the top five worldwide. In his current role, as Director-onboard, he provides strategic direction and oversight towards the long-term objectives of the group. Through the years, Mr. Girish R.Tanti has not only believed in, but completely devoted himself to champion the vision of harnessing the power of wind to power a greener, more sustainable tomorrow for generations to come.

Seemantinee Khot

Ms. Seemantinee Khot serves as Additional Independent Director of the Company. Ms. Seemantinee Khot, a Bachelor of Arts (Psychology, Pune University, 1980) and MASW (Tata Institute of Social Sciences, Mumbai, 1982), has nearly four decades of experience in the development sector, 20 years of direct implementation with NGOs, 12 years of Bilateral Aid and UN assignments and 8 years in CSR and sustainability consulting.

Sameer Shah

Mr. Sameer Shah serves as Additional Independent Director of the Company. Shah has over 35 years of experience. In his last employment, Mr. Sameer Shah was the CFO and Head of ICT for Petroleum, Chemicals & Mining Company for 5 years. Prior to that, Mr. Sameer Shah worked for 13 years with Deutsche Bank as a Managing Director heading the Equity Services Business for Asia Pacific and the Arabian Gulf countries. He also headed the Corporate Banking division of the bank for Western India from 2009-2011. His previous employment was with SABIC in Saudi Arabia, Ontario Hydro (HydroOne) in Canada and TCS in Mumbai before PCMC and Deutsche Bank.

Marc Desaedeleer

Mr. Marc Desaedeleer is Non-Executive Independent Director of Suzlon Energy Ltd. He is the Chief Investment Officer of CitiVenture Capital International (CVCI). Prior to his current role, he led CVCI’s business in CEEMEA and India. Prior to this he was a senior manager of Citibank’s Corporate Banking business in over 20 countries focusing on Central Europe and Russia. In prior positions within Citigroup, Mr. Marc Desaedeleer was Business Manager for Citibank’s Corporate and Investment Banking business in France; managed several international businesses within Citbank’s Investment Banking group including ADRs; and was responsible for Citibank’s strategy in Global Equities. Before joining Citigroup, Mr. Marc Desaedeleer worked for several international companies including Sulzer (Switzerland) and Lisnave (Portugal). Mr. Marc Desaedeleer holds an M.B.A. degree from Carnegie Mellon University and Masters in Science degrees from the University of Louvain (Belgium).

Per Hornung Pedersen

Mr. Per Hornung Pedersen is Non-Executive Independent Director of the company. He holds a degree in B.Sc. (Finance and Accounting), Diploma in Audit and Tax as well as an MBA. After starting his career at Arthur Andersen, Mr. Pedersen spent 25 years in various Managerial and Executive positions, primarily in listed companies in the construction, packaging and telecom Industry. In 2000, he joined the wind industry as CFO in NEG Micon / Vestas, moved to the Indian wind power company Suzlon in 2004, responsible for international operation. During the 4 years spent at Suzlon, he took the company from a strong player in India to number 6 globally in the industry. After Suzlon took over REpower in 2007, he was appointed CEO of REpower and in his role doubled turnover to 1.2 billion Euro and qua doubled EBIT to around 100 million Euro. Mr. Pedersen left REpower in the spring of 2011 and since then he is, and has been active in a number of Supervisory Boards as well as acting as Industry Advisor to a number of private equity funds, benefitting from his 12 years of executive experience in the global wind business. Through this work with large as well as smaller transactions, he has gained substantial experience and insight into M&A and Private Equity. Mr. Pedersen also served as interim CEO at PelamisWave Power from October 2011 to June 2013 and continued as advisor to the Board until December 2014. Since June 2012, Mr. Pedersen is a member of the Supervisory Board of SeaTower AS, Oslo, since October 2015 member of the Supervisory Board of PNE Wind AG, Cuxhaven where he also served as interim CEO until June 2016 and since July 2016 Chairman of the Board of SE Blue Renweables, Copenhagen.

Basic Compensation