Bangalore, India Feb 24: Suzlon announced the formation of a Group Executive Council (GEC), the elevation of J P Chalasani to the GEC, and the appointment of a new Group CEO to drive the business transformation from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.
New Leadership Architecture
In recognition of the significant opportunities that the emerging renewable energy landscape presents, Suzlon recently unveiled its business transformation and expansion intent with a new Suzlon 2.0 vision. In this bold vision, Suzlon plans to diversify its portfolio across wind, solar, BESS, new emerging technologies and diversified business models to offer integrated solutions to our customers. The company has now formed a new leadership and organizational architecture in support of this vision. This new architecture will see the Group Executive Council as a strategic body established to steer the Group’s long-term and medium-term growth agenda. An Executive Management Council led by the Group CEO has also been formed to lead impactful transformation and sustainable growth of the Group’s businesses. This transition reflects the Group’s focus on structured succession and long-term value creation, while ensuring continuity in leadership and strategic direction.
J P Chalasani elevated to Group Executive Council (GEC)
As part of the GEC, J P Chalasani will work closely with the Chairman & Managing Director and Executive Vice Chairman in shaping and driving key strategic initiatives across the Group. He will continue to play a pivotal role in mentoring the senior leadership through his deep sectoral knowledge and insights, maintaining long-term strategic partnerships with key stakeholders, as well as incubating and operationalizing new business opportunities. J P Chalasani will continue to be designated as a Key Managerial Personnel (KMP) and will report to the Chairman & Managing Director.
Ajay Kapur appointed as Chief Executive Officer, Suzlon Group
With over 36 years of experience, Ajay Kapur as Group CEO, will drive the Group’s transformation, scale its businesses and build the organization for its next phase of growth. He brings significant independent leadership experience with over a decade as CEO of large, listed entities across infrastructure, construction, power, and heavy metals. Ajay has been instrumental in building companies with enviable growth, operational excellence, and financial stability. His last position was that of Managing Director of Ambuja Cements Limited (Adani Group Company). At Suzlon, Ajay will report to the Chairman & Managing Director, Vinod Tanti.
Girish Tanti, Executive Vice Chairman, Suzlon Group, said, “Suzlon is at a phenomenal juncture today as we embark on the next chapter of our growth. As global energy markets are reinventing and re-calibrating in the face of exponential demand, Suzlon recognizes the immense opportunity as well as responsibility this put on us as a leading player of this sector. We have recently outlined our intent to move beyond wind to a full-stack renewable energy solutions company, thereby unlocking value. The new structure, J P Chalasani’s elevation, and Ajay’s appointment as Group CEO, are key elements of this transition, which will allow us to give focussed attention to both strategic direction as well as scale-up and management excellence. Ajay’s expertise in building, scaling, and transforming businesses with strong financial performance is just what we need at this stage. I welcome him to the Suzlon family and look forward to exciting times ahead.”
J P Chalasani, Member Group Executive Council, Suzlon Group, added, “Working with Suzlon has been most gratifying as we built a solid-sector leading company. As part of the GEC, I will work even more closely with the Chairman & Managing Director and Executive Vice Chairman in shaping and driving the key strategic vision. The GEC will also set enterprise-wide priorities, shape portfolio strategy, and allocate capital across existing and emerging businesses. Ajay has a stellar track record for driving operational discipline and sustainable growth in his earlier roles, and I am looking forward to working with him. I am confident that with this new organizational structure and leadership expansion, we are best positioned to leverage the growing renewable energy opportunity in India and overseas.”
Ajay Kapur, Chief Executive Officer, Suzlon Group, said “At a time when the world is defining its energy needs and preferences, Suzlon’s vision for the future is extremely inspiring. As one of the world’s most experienced renewable energy companies, Suzlon has a strong legacy and track record. I am both excited and honoured as I look forward to building on this foundation to drive sustainable growth, operational excellence, and long-term value creation for all our stakeholders. The opportunity to contribute to the world’s energy transition at scale is both a responsibility and a privilege.”