The global emerging markets company Redington India Limited announced the appointment of Rajiv Srivastava as Joint Managing Director and Additional Director on the Board.
“We are delighted to welcome Rajiv Srivastava as our Joint Managing Director. Rajiv comes with an excellent track record for ushering technology-led business transformation, building long-term shareholder value and managing operations at global scale. His induction into Redington’s leadership as we are poised for breakout growth on the back of emerging disruptive technologies, is strategic and timely,” said Raj Shankar, Vice Chairman and Managing Director, Redington India Limited.
Until recently, Rajiv was the Managing Director and Chief Executive Officer of Indian Energy Exchange (IEX). During his stint at IEX, he transformed the publicly listed company into a diversified business enterprise that significantly improved shareholder value.
Commenting on his appointment, Rajiv Srivastava said, “Redington has an outstanding reputation, global presence and tremendous growth potential at a time when businesses are moving towards digital first strategies while embracing everything-as-a-service. Redington Group itself is in the midst of a rapid transformation into a digital organization and we will continue to leverage technology advancements to transform, diversify and reinvent the Company. I look forward to working closely with Raj, the Board, senior leadership, employees and our clients across regions to sustain high growth with the high standards in corporate governance and enhancing shareholder value.”
With Rajiv’s active interest in shaping the future of the technology industry in India and a leadership portfolio that includes IEX and HP, it is kind of gravitas that he will bring to the company.