Prithish Chowdhary, the 19-year-old son of Titagarh Wagons vice-chairman and managing director Umesh Chowdhary, has been inducted on to the company’s board as a non executive director.
The youngest member on the company’s board follows in the footsteps of his father who had become a director at a very young age, company officials told The Telegraph.
The diversified engineering and fabrication firm said Chowdhary’s induction was made with the hope that he would assume a bigger role within the group in the coming years.
In the past couple of years, Chowdhary — a qualified international baccalaureate from Le Rosey Institut, Geneva (Switzerland) — has gained insight into the areas that Titagarh is present in. The company said on Wednesday he is looking to incorporate new ideas in the future.
His appointment is effective from January 1, 2021.
“Prithish has been a quick learner, an extremely keen observer and his joining the board will provide a young and welcome modern perspective. It will also prepare Prithish to take up larger responsibilities in the group in the coming years,” said Manoj Mohanka, chairman of the nomination and remuneration committee.
Former Sail chairman Sushil Kumar Roongta has been appointed as an additional director (independent) on the board.
Roongta (70), an electrical engineer from BITS, Pilani and PG Diploma in Business Management (International Trade), is chairman of Balco and also serves as director on the boards of several reputed companies.
Roongta has also served as the chairman, board of governors, Indian Institute of Technology (IIT), Bhubaneswar, and as chairman of the panel of experts on reforms in the central PSEs constituted by the erstwhile Planning Commission.
“I am very happy that Roongta is joining our board and am sure that TWL will immensely benefit from his rich experience and expertise in the coming years,” said J.P. Chowdhary, executive chairman of TWL.
Global changes
Enrico Grigliatti has been appointed as the as MD & CEO of Titagarh Firema SpA (TFA), Italy with effect from December 29, 2020, in place of Luigi Corradi who has moved onto another challenging role as CEO of a government owned enterprise in Italy.
