Ramky Infrastructure Limited announced the board has relieved Mr. Ajay Kumar Masand, as Chief Financial Officer of the Company with effect from the closing of Business hours of 29th August, 2023. His resignation was earlier accepted by the Board on 07.07.2023 and was serving his notice period. Further, the Board has appointed Mr. Chivukula Vasudev as Chief Financial Officer and Key Managerial Personnel of the Company w.e.f 30 August 2023.

Mr. Chivukula Vasudev is a Fe llow Cost and Management Accountant of the Institute of Cost and Management Accountants of India (ICMAI) and Associate Company Secretary Member of the Institute of Company Secretaries of India. He did his MBA from XLRI Jamshedpur, specialised in Finance, Strategy and HRM. He did Strategic Finance Leadership program from the Wharton University of Pennsylvania.

He is a Management Professi onal with an expertise in the areas of Strategic Finance, Business Sustenance, Project Finance, EPC, PPP in metro rail and airports mega Projects. Mr. Vasudev has handled several projects worth Rs.285 billion, Process Improvements, Resources including Working Capital Optimization, Organic and Inorganic Business Growth, People Development Arbitration, RERA, Insolvency Profession Corporate competencies. Mr. Vasudev brings with him 34 years of rich and diversified experience across industries and geographies, spanning across North, East and Southern India and Mauritius, in Buildings and Factories, Transportation Infrastructure, Mass Rapid Rail System, Geostructure business verticals.

Before joining Ramky, he had an enriching splendid experience at L&T Construction and he was the CFO of L&T Geostructure Private Limited.