HAL CMD C B Ananthakrishnan gets an extension for six months

New Delhi: Chinakavanam Bhoopathi Ananthakrishnan (C B Ananthakrishnan), the Director (Finance) & CFO with Additional Charge of Chairman and Managing Director (CMD); Director (Engineering and R&D) has been entrusted the additional charge for the post of CMD of the Company, for a further period of six months from 1st November 2022 or till further orders, whichever is earlier, mentioned in the BSE filling. 

C B Ananthakrishnan takes over the additional charge of Chairman & Managing Director of the company following the superannuation of R Madhavan as CMD HAL on July 31 for three months.

The Ministry of Defence vide its Letter No. 49013/03/2021-D(HAL-III) dated 31st October 2022 mentioned the extension of Ananthakrishnan till the post of CMD is vacant, whichever is earlier. 

Educational Background:

He is a Commerce Graduate and Post Graduate in Business Administration from Madras University and is a fellow member of Institute of Cost Accountants of India. He has also received management and leadership training from Indian Institute of Management, Ahmedabad and Institut Aeronautique et. Spatiale (IAS) Toulouse, France.  

CMD C B Ananthakrishnan Journey at HAL:

In 2004 He joined HAL and has over 35 years of work experience in merchant banking, pharmaceuticals, fertilizers and Aerospace Industries. During his stints in Helicopter Division as Head of the Finance, he was instrumental in developing financial strategies and policies for pricing, cost control and profit planning for achieving overall goals of the Company and also secured one of the largest Helicopter Contracts for the Company valuing in excess of Rs. 14000 Crore. 

He was instrumental for Conclusion of prices for Repair & Overhaul and Supply of Spares by 3rd Pricing Policy Review Committee (PPRC), Conclusion of 73 ALH Contracts for Army and IN & ICG and Implementation of Ind AS etc.

In 2018, August Shri C B Ananthakrishnan was appointed as Director (Finance) & CFO of the Company, before that he played a pivotal role during Initial Public Offering (IPO) and listing of the Company shares during March 2018.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : Petroleum Minister Shri Puri launches MRPL’s New Product