Siemens Energy India, an independent entity demerged from Siemens Limited, has officially announced its new board of directors.
The demerger became effective on March 25, 2025. Siemens Energy India Limited will complete its subsequent listing later this year.
Leadership Appointments at Siemens Energy
Sunil Mathur, Managing Director and Chief Executive Officer of Siemens Limited, will chair the newly constituted board.
Sunil’s leadership will steer Siemens Energy India through this transformative phase.
Guilherme Mendonca, who previously headed Siemens Limited’s energy business, has been appointed as the Managing Director and Chief Executive Officer of Siemens Energy India.
Harish Shekar, the former finance head of the company’s energy business, will serve as the Executive Director and Chief Financial Officer.
Independent Directors
The board also includes distinguished independent directors:
- Ketan Dalal, founder of Katalyst Advisors, a boutique structuring and tax firm.
- Subodh Kumar Jaiswal, a retired Indian Police Service (IPS) officer.
- Swati Salgaocar, Director at Vimson Group.
Non-Executive Non-Independent Directors
Siemens AG has appointed several key figures as non-executive non-independent directors:
- Karl-Heinz Seibert, Corporate Vice President and Head of Mergers, Acquisitions, and Post-Closing Management.
- Dr. Juergen Wagner, Corporate Financial Controller and Chief Accountant.
- Tim Holt, Member of the Executive Board and Labor Director of Siemens Energy AG.
Transition and Vision
The demerger of Siemens Energy India from Siemens Limited signifies a strategic move to focus on energy technology solutions.
The company aims to be a leading energy technology firm, offering solutions across power generation, transmission, and storage.
Its portfolio includes gas and steam turbines, hydrogen-based hybrid power plants, generators, and transformers.
Chairman Sunil Mathur expressed his optimism about the new board, stating, “I am delighted to announce the appointment of our distinguished Board of Directors, who will steer Siemens Energy India Limited on this exciting new chapter.”
He added, “With their leadership, I am confident that we will continue to deliver exceptional value to our customers and shareholders, driving forward the energy transition in India”.
Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates. Subscribe to our Channels. WhatsApp– Click Here, Google News– Click Here, YouTube – Click Here, and LinkedIn– Click Here.
