KPIT Cummins Appoints 3 Distinguished Members to Its Board

KPIT Cummins Infosystems has announced the appointment of Dr. R. A. Mashelkar, Mrs. Lila Poonawala, and Mr. K. V. Krishnamurthy as new Independent Directors to the Board. Luminaries in their respective fields, all three members come with an extensive and illustrious professional background.

The KPIT Cummins management team believes that the company will gain immensely from the experience of these individuals. "It is a privilege to have Dr. Mashelkar, Mrs. Lila Poonawala & Mr. K. V. Krishnamurthy on our board and I'm delighted to welcome all of them to KPIT Cummins. All of them bring rich knowledge and experience from their respective sectors and I am confident that they will add significant value to our growth. Having these members will be an extraordinary complement to our distinguished Board", said Ravi Pandit, Chairman & Group CEO of KPIT Cummins, speaking on the development.

Mrs. Lila Poonawala was awarded the Padmashree in 1989 - recognized for her exemplary contribution to the world of engineering and Industry. Lila is currently a Director on the Board of IDBI Bank, IDBI Intech, Technigraphics, Blossom Brewery and Pragati Leadership. She has been on the governing body of organizations like the CII (Confederation of Indian Industries) and TIFAC (Technology Information Forecasting and Assessment Council formed by the Government of India) as the Chairperson for Agro Food Processing. She was a member of the Scientific Advisory board of the Central Cabinet (SAC-C) and Chairperson of the Herbal And Floriculture Taskforce of SAC-C. Actively involved in social initiatives, Lila is on the board of trustees of two Pune-based NGOs. In 1994, she started the 'Lila Poonawalla Foundation' to promote education among women.

Deeply committed to the world of science and engineering, Padmashree and Padmabhushan Dr. Mashelkar has been hugely instrumental in propagating a culture of innovation and balanced intellectual property rights regime for over a decade. Dr. Mashelkar is presently the President of Institute of Chemical Engineers, UK and Global Research Alliance. He is the Chairman of the National Innovation Foundation, Marico Innovation Foundation and Reliance Innovation Council. He was the third Indian engineer to have been elected as a Fellow of Royal Society (FRS), London and the first Indian as the Foreign Fellow of Australian Technological Science and Engineering Academy (2008). Twenty-six universities have honored him with honorary doctorates, which include Universities of London, Salford, Pretoria, Wisconsin and Delhi. Dr. Mashelkar served as the Director General of Council of Scientific and Industrial Research (CSIR). He was also the President of Indian National Science Academy (2005-2007).

Currently on the Board of Asset Reconstruction Company (India) Ltd, Sundaram BNP Paribas Mutual Fund, Essel Propack, Essar Steel Ltd, Centrum Capital Ltd among others, K.V. Krishnamurthy is credited with the remarkable turnaround of both Bank of India and Syndicate Bank. He has been the Chairman and Director of several organizations such as Bank of India, Syndicate Bank, Bank of Baroda, Indo Hong Kong International Finance Company Ltd., Export Credit Guarantee Corporation of India and Agricultural Finance Corporation of India Ltd.

A qualified Chartered Accountant, K.V. Krishnamurthy is also a Fellow of the Indian Institute of Bankers and was also a member of its governing board. Having an experience of over 33 years in Public Sector Banking, his areas of specialization include domestic & international banking, treasury management, risk management, foreign exchange management and human resource management.

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