Thermax appoints Ashish Bhandari as MD & CEO

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Ashish_Bhandari- Thermax
PTI | Ashish Bhandari takes over from M S Unnikrishnan who relinquished his services on Monday.

Thermax appoints Ashish Bhandari as Managing Director & Chief Executive Officer, effective from September 1

Energy and environment solutions provider company Thermax on Tuesday announced the appointment of Ashish Bhandari as new MD & CEO of the company. His appointment comes into effect from September 1, the company said in a BSE filing.

Ashish Bhandari takes over from M S Unnikrishnan who relinquished his services on Monday.

“M S Unnikrishnan has stepped down as Managing Director (MD) & Chief Executive Officer (CEO) of the company from the close of business hours from August 31, 2020,” the filing said.

In February, Thermax had announced the appointment of Bhandari as the Joint MD of Thermax Group, from April 20, 2020.

The company had also said that Unnikrishnan will retire on June 30 following which Bhandari will move into the role of MD & CEO.

Bhandari is an engineering graduate from the Indian Institute of Technology, Mumbai, and received his Master’s degree in Business Administration from Duke University.

Thermax is a leading energy and environment solutions provider. It offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control, and chemicals. 

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