Nibe Limited announced that at the board meeting held on November 9, 2023, the company approved the appointment of Mr. Balakrishnan Swamy as Chief Executive Officer of the Company, with effect from November 09, 2023. Mr. Balakrishnan Swamy is a highly accomplished engineer with a Masters from Technical University Berlin, specializing in Manufacturing Engineering. He boasts a rich background in aerospace with experience at Boeing, USA, and as a Founder in defense systems manufacturing.

His expertise lies in strategic technology integration, leadership, and effective communication for business success.