N. Sivaraman Appointed Independent Director at Sumitomo Chemical India

The Board of Directors of Sumitomo Chemical India Limited has endorsed N. Sivaraman’s appointment as an Independent Director for a two-year term starting on September 1, 2024. Dr. Mukul G. Asher’s reappointment as an Independent Director for a second term, extending from August 27, 2024, to August 31, 2026, has also been approved, along with Preeti Mehta’s reappointment for a second term, effective from August 31, 2024, to August 30, 2029.

N. Sivaraman brings a wealth of experience, having served as President and Whole-time Director at L&T Finance Holdings Limited and as a Board member of L&T Infrastructure Finance Limited. He has held pivotal roles such as MD and Group CEO at ICRA Limited and COO at IL&FS Limited, demonstrating his prowess in business leadership, organisational transformation, and managing mergers and acquisitions. With over 40 years of experience as a finance professional and business leader, Sivaraman is a fellow member of the Institute of Chartered Accountants of India (ICAI) and currently serves on multiple company Boards.

Preeti Mehta, a qualified advocate and solicitor, brings her extensive legal expertise to the Board, specialising in corporate laws, foreign investment, mergers and acquisitions, and private equity investments.

Dr. Mukul G. Asher’s expertise lies in geo-economics, public financial management, and pension reform, contributing significantly to strategic thinking and business planning. He teaches these subjects to university students and delivers lectures on the subjects to government and public sector executives across countries. He also serves on Indian government committees and consults multilateral organisations in these areas. His knowledge in these areas helps the company with strategic thinking and business planning. The company has identified strategic thinking and planning as key skill and capability areas for Board members.