Long wait for new Pipavav CEO ends

12 June 2013

Pipavav Defence and Offshore Engineering has appointed Rajiv Sarman Shukla as its chief executive officer (CEO), filling a position that has been vacant for two years.

Announcing the appointment to the Bombay Stock Exchange on 7 June, Pipavav said that Shukla joins the company from Citi Venture Capital International, the private equity arm of Citigroup. It added that Shukla has a master's degree from Harvard and corporate and financial experience from working in the United States, United Kingdom, Singapore, and India.

The CEO position at Pipavav was vacated in 2011 when the incumbent, Cmde (Retd) M Jitendran, moved to another position in the company.

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