Bharat Heavy Electricals Limited informed that Ms. Bani Varma has been appointed as Director (Industrial Systems & Products) on the Board of BHEL w.e.f. the date of her assumption of charge of the post i.e. 09.10.2023 to hold office till the date of her superannuation i.e. 31.12.2027, or until further orders, whichever is earlier.
it is hereby informed that Ms. Bani Varma, newly appointed Director (Industrial Systems & Products) has furnished a declaration that she is not debarred from holding the office of Director pursuant to any SEBI order or order of any other such authority. Prior to taking charge as Director (IS&P) she was spearheading BHEL's Transportation Business segment and Electronics Division manufacturing unit at Bangalore. She has more than 33 years of holistic, diversified and hands on experience in Energy, Industry and Transportation sectors. As Head of company's Transportation Business & Systems Group, she was responsible for BHEL's diversification initiatives for the Rail Transportation business and strategized to secure the prestigious Vande Bharat Trains Manufacturing cum Maintenance order. Apart from this as head of Electronics Division she was responsible for engineering and production of BHEL's power & defence business related control equipment and propulsion electrics for Indian Railways. Earlier, as General Manager, CMD Secretariat, she was responsible for managing the organization's strategic initiatives and operational targets by providing support at the apex level and coordinating with various stakeholders of BHEL, spanning all the company's segments viz., Thermal, Nuclear, Hydro, Renewables, Captiv Power, Industrial Systems, Transportation, Aerospace, Defence, Electric Mobility & Storage etc. She played an instrumental role in driving Company's Transformation Initiatives across all functions and verticals. She has also handled various key positions in BHEL at Corporate Strategic Management, Project Management, Industrial Products (Electrical) and Captive Power Plants. Apart from this she has played a pivotal role in formulation and implementation of development plan for BHEL's New Growth Areas.