Titagarh Firema S.p.
A., Italy (TFA) the Italian subsidiary of Titagarh Wagons (TWL) in its board meeting held on 17 March 2022 has approved many changes to the board and the top management of the company which are going to help the company achieve better growth and synergy with the parent company.
As a part of the rejig, Luigi Traettino has been appointed as the Chairman of the Board of Directors of TFA in place of Umesh Chowdhary who stepped down from the chairmanship of the Board of TFA.
Umesh Chowdhary, who is the Group CEO of the Titagarh Group, has been appointed as the CEO of TFA in place of the interim CEO Enrico Grigliatti and will continue as a member of the Board of Directors of the Company.
Further, in order to drive efficiency and cost effectiveness by way of greater synergy with the Indian operations, the Board appointed Dilip Jadeja as a Director of TFA in place of Saket Kandoi. Jadeja is the Chief Operating Officer of the Transit and Propulsion business of Titagarh Wagons.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU