Murali Sivaraman Appointed as Independent Director of Welspun India
The Board of Welspun India Limited has approved the appointment of Murali Sivaraman as an Independent Director for a period of 4 years, with effect from November 1, 2023, pending shareholder approval.
Murali Sivaraman, aged 62, is a Chartered Accountant (from the Institute of Chartered Accountants of India) and a Cost and Works Accountant (from the I.C.W.A., Institute of Cost and Works Accountants of India). Sivaraman has more than 36 years of experience. He has been part of Philips Lighting (Singapore) as President for Growth Markets, Royal Philips Electronics as CEO Global Domestic Appliance, and Philips India as Managing Director. Prior to Philips, he held multiple positions with Akzo Nobel (formerly Imperial Chemical Industries) in India as well as abroad. His current board and advisory roles include Huhtamaki India Limited (as the Chairman), Bharat Forge Limited, ICICI Lombard General Insurance Company Limited, Medplus Health Services Limited, Private Equity Advisor Advent International India, and Hamilton Housewares Pvt. Ltd.