The Board Of Coromandel Engineering Appoints GV Manimaran As CMD

The Board of Directors of Coromandel Engineering Company Limited has approved the appointment of GV Manimaran as Managing Director and designated as Chairman subject to the approval of shareholders for a term of 5 years from November 12, 2024. The Board has also appointed Manimaran as Additional Director (Executive). GV Manimaran is Founder and Director of Sasvitha Home Finance Ltd. In the trade union sector, he played a pivotal role as the General Secretary of both the All-India Nationalised Banks Officers Federation (AIN BOF) and Canara Bank Officers’ Association from 2012 to 2021. He also served as the Senior Vice President of the All-India Bank Officers Confederation (AIBOC) during the same period. Further, he has been the President of the Canara Bank Officers Thrift and Credit Society Ltd. from 2001 to 2021. He has three decades of experience in banking. He was the “Officer Director” from December 2010 to December 2017. He was a part of Risk Management and HR board committees of Canara Bank. He holds a diverse and impressive academic portfolio, including a B.Sc. in Agriculture, JAIIB, LL.B., and an MBA.

The Board of Directors has approved the appointment of Dr. Ravi Muthusamy as Additional Director (Non-Executive – Independent Category) for five years from November 12, 2024. Dr. Muthusamy retired on May 31, 2022, as Director General of Police (DGP) after over three decades of diverse and distinguished service in law enforcement, beginning his career in the Indian Police Service (IPS) in 1991. He has demonstrated exceptional leadership, serving in various capacities across Tamil Nadu and at the national level. His work spans operational, administrative, and specialised roles in crime prevention, public order maintenance, and community policing.

Furthermore, the Board has approved the appointments of Baskaran Srinivasan as Additional Director (Non-Executive); Dr. Ennarasu Karunesan as Additional Director (Non-Executive); Perumal S. Rajan, Chief Operating Officer, as Senior Management Personnel; and Ganesh Kumar Ilango, Assistant Vice President, as Senior Management Personnel. The said appointments are with effect from November 12, 2024.

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