Andrew Yule & Company Limited informed that pursuant to the Order F. No.10- 10(1)/2020-PE.I/CPSE.I dated 12th October, 2023 issued by the Ministry of Heavy Industries, Government of India, Shri Sanjay Verma, Additional General Manager, Bharat Heavy Electricals Limited has assumed the charge of the post of Director (Finance) of Andrew Yule & Co. Ltd. with effect from 29th November, 2023 (afternoon) for a period of 5 years from the date of assumption of charge of the post or until further orders, whichever is earlier. Shri Verma is a finance professional with more than 30 years' of experience across various organisations, Shri Verma is a Chartered Accountant and a post graduate in commerce.

He is a believer of continuous learning and has enhanced his skills through a PGEP in Financial Management from NIFM, Faridabad, Certificate Course in Forex & Treasury management from ICAI and training in management skills from IIM Bangalore. Shri Verma has a rich profile experience in reputed organizations like Bharat Heavy Electricals Ltd. (BHEL) and National Highways Authority of India (NHAI). In the process of discharging his responsibilities, Shri Verma has pioneered reforms in various facets of finance functions within BHEL and NHAI, which has contributed extensively in enhancing the financial health and efficiency of operations while mitigating risks at the same time.