Friday, November 18, 2011

GE India names Banmali Agrawala as the new President & CEO for its Energy business

GE India announced today the appointment of Banmali Agrawala as a GE Officer to lead GE’s Energy business in India. Banmali will be responsible for driving overall growth and strengthening the business in India. He will step into his new role on December 1 2011.


John L. Flannery, President and CEO, GE India said, "We are fortunate to attract an energy executive as strong as Banmali Agrawala. Energy is our largest business in India but still has huge room to grow in new areas like renewables and distributed energy - as well as traditional gas and steam turbines and services. Banmali's appointment as a GE Officer reflects the importance of this role and our respect for his accomplishments to date."

Banmali has over 24 years of professional experience and has held several senior positions in industrial companies. Most recently, Banmali was with Tata Power Company Limited, where he was the Executive Director for Strategy and Business Development, India, and also served on the board of directors for the company. From 1987 to 2008, Banmali was with Wartsila India Limited, holding several leadership positions in both India and Europe, and ultimately serving as Managing Director of the company for five years.







Banmali Agrawala said, “I look forward to being a part of GE India’s leadership, further building on the success of the Energy business and working closely with the teams”.



Kishore Jayaraman, currently the leading GE Energy executive in India, will be transitioning to a new role in GE during 2012. Jayaraman oversaw rapid growth of the Energy business during his tenure in the country.



GE Energy provides a diverse portfolio of product and service solutions that touch every energy industry including fossil, nuclear, and renewable power generation; grid modernization; the production and distribution of oil, natural gas, unconventional and biofuels, and water processing.


About GE



GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site http://www.ge.com/.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy—GE Power & Water, GE Energy Management and GE Oil & Gas —work together with more than 100,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.