SemIndia Group, today announced new Managing Directors for two of its group companies, SemIndia Systems Private Ltd. and SemIndia Fab Private Ltd. Bob Kondamoori, current Vice-Chairman of the SemIndia Group will take on the additional role as Managing Director of SemIndia Systems and, Dr. Neeraj Saxena who has been with the group since May 2007 will take over as the Managing Director of SemIndia Fab Private Ltd. Former MD of both units, B.V. Naidu, will continue on the Board of both the companies and will provide support and guidance in various areas.
Dr. Vinod K. Agarwal, Chairman of SemIndia Group gave perspective to the initiative and said, “The SemIndia has grown at a substantial pace over the last two years under the excellent leadership of B.V. Naidu. Since the pace of our operations has also grown commensurately, it is the right time for the two entities to get independent business heads and, resultantly, more focus as well. B.V. Naidu will support the new leadership in his capacity as a Board member.”
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