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This Article is From Jan 29, 2018

Tata Power’s CEO And MD Anil Sardana Steps Down

Tata Power’s CEO And MD Anil Sardana Steps Down
Anil Sardana. (Photographer: Pankaj Nangia/Bloomberg)

Anil Sardana, chief executive officer and managing director of Tata Power Ltd. resigned from his position today citing “personal reasons”.

“Anil Sardana has submitted his resignation as the CEO and Managing Director of the company, for personal reasons,” the company said in a statement today.

The company's board has taken on record his resignation which will be effective from the close of business hours on April 30, 2018, the statement added.

Sardana has over three decades of experience in the power and infrastructure sector. He had also worked at companies like NTPC Ltd. and BSES prior to joining Tata Power.

He was the Managing Director of Tata Teleservices Ltd. for over three years from 2007 to 2011. He is also on the board of other companies.

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