Siemens Energy India Limited announced significant changes in its Senior Management Personnel following a Board meeting on March 27, 2026. Key transitions include leadership role changes in the Competence Hub, Grid Technologies, and Finance divisions, effective primarily from April 1, 2026. These changes involve executive departures moving to other Siemens group entities and new interim appointments to ensure continuity.
Board Approves Management Transitions
The Board of Directors of Siemens Energy India Limited convened on Friday, March 27, 2026, between 12:31 p.m. (IST) and 12:37 p.m. (IST). During this brief meeting, the Board approved several changes within the Senior Management Personnel of the Company, effective in late March and early April 2026.
Executive Departures and Role Cessations (Effective March 31, 2026)
Two key personnel are stepping down from their roles effective close of business on March 31, 2026:
- Mr. Vaibhav Agwan, Execution Unit Head (Competence Hub), is resigning to pursue opportunities within the Siemens Energy AG group.
- Mr. Samit Sachdeva, Execution Unit Head (Grid Technologies – Transformer), will also cease his role to pursue opportunities within the broader Siemens group.
Additionally, Mr. Aditya Mittal, Execution Unit Finance Head (Grid Technologies – Grid Solutions), will cease his role effective close of business on April 10, 2026, to pursue external opportunities.
New Appointments and Interim Roles (Effective April 1, 2026)
Several appointments and interim roles are effective starting April 1, 2026, to manage the transitions:
- Mr. Jaydeep Naha, currently Business Segment Head – Digital and Innovation, will additionally take over responsibility as the Execution Unit Head (Competence Hub) in full-time employment. Mr. Naha has over 25 years of experience in the energy sector.
- Mr. Ganesh Nadgouda, currently General Manager – Plant Operations (Grid Technologies – Transformer), will additionally act as the interim Execution Unit Head (Grid Technologies – Transformer) until further announcement. Mr. Nadgouda brings over 30 years of experience in Manufacturing and Operations.
Interim Finance Leadership
Effective April 11, 2026, Mr. Mrinal Ghosh, who is already the Execution Unit Finance Head (Steam Turbines & Generators), will additionally take on the role of interim Execution Unit Finance Head (Grid Technologies – Grid Solutions). Mr. Ghosh is a seasoned finance leader with over 25 years of experience and holds designations including Chartered Accountant (India) and CPA (Tennessee).
Source: BSE