Orient Cement Reappoints Desh Khetrapal as MD & CEO and Varsha Purandare as Independent Director

The Board of Directors of Orient Cement Limited has approved the reappointment of Desh Deepak Khetrapal as Managing Director and Chief Executive Officer for a term of one year, with effect from April 1, 2024. The board also approved the reappointment of Varsha Vasant Purandare as an Independent Director, for a term of five years, with effect from February 8, 2024. Both changes are subject to the approval of the shareholders.

Desh Deepak Khetrapal has 46 years of experience and a proven track record of leading sustainable transformation in large and diversified organisations across various industries, including services, manufacturing, consumer, and retail businesses, with a focus on ESG and climate change. Khetrapal has been associated with the company as MD and CEO since 2012. He holds an honours degree in business, economics, and a Masters degree in business administration, marketing, and finance from Delhi University.

Varsha Vasant Purandare has over 36 years of experience in credit, forex, treasury, capital markets, investment banking, and private equity businesses of the State Bank of India (SBI) and SBICAPS across geographies, both domestic and global. She holds a bachelor’s degree in science (chemistry) and a diploma in business management.