D Muthukumaran will oversee the company’s finance & accounts, legal and corporate finance functions
Birla group veteran D Muthukumaran has been appointed as the new Chief Financial Officer (CFO) of Gurugram-based renewable energy company ReNew Power.
Muthukumaran will be responsible for overseeing the company’s finance & accounts, legal and corporate finance functions, ReNew Power said in a statement.
Prior to joining ReNew Power, Muthukumaran was the Chief Executive Officer (CEO) of Aditya Birla PE Advisors Private Ltd and had spent 17 years with the company. Before taking over as the CEO of Aditya Birla PE Advisors Private Limited, he was the Head of Group Corporate Finance at Aditya Birla Group for 12 years.
He had also worked with Lazard and Deloitte as an investment banker before joining the Birla group.
Muthukumaran holds a degree as a Chartered Accountant, a Cost & Works Accountant and Bachelor of Commerce from the University of Madras.
ReNew Expecting Next Phase of Growth
“We are excited to have Muthukumaran on board of our leadership team. He brings over two decades of varied experience in the field of finance and will be a great asset to ReNew Power. I am confident that he will help propel ReNew’s next phase of growth,” said Sumant Sinha, chairman and managing director of ReNew Power.
Muthukumaran will be replacing outgoing CFO Ravi Seth, who is retiring.
ReNew Power generates both wind and solar power and has a total capacity of 8 gigawatts spread across various locations in India.