Solar power producer Azure Power has appointed Supriya Prakash Sen on the company’s Board as an Independent Non-Executive Director. With Sen’s appointment, the number of Directors on Azure Power’s Board has been expanded to 10, seven of whom are Independent as per NYSE guidelines and two are female.
August 06, 2020. By Manu Tayal
Solar power producer Azure Power has appointed Supriya Prakash Sen on the company’s Board as an Independent Non-Executive Director.
With Sen’s appointment, the number of Directors on Azure Power’s Board has been expanded to 10, seven of whom are Independent as per NYSE guidelines and two are female.
Sen brings with herself more than 30 years of experience in the banking, private equity, capital markets and multilateral funding and investment as well as a significant involvement in sustainability initiatives globally and in India. She is currently also working as a Senior Advisor with Mckinsey & Co, and serves as independent director for firms and non-profits in Asia where her emphasis has been on strategy, governance and fund-raising.
Commenting on Sen’s appointment, Ranjit Gupta, Chief Executive Officer, Azure Power said, that “Supriya brings a wealth of relevant experience and knowledge, given her expertise in sustainability and financing in the energy and infrastructure space. We are confident that her addition as a director on our board will provide a valuable perspective and further strengthen the company’s strong governance.”
Sen as a strategy consultant advised clients in South East Asia, South Asia and China on innovative financing, policy and strategy development in transport, energy, urban and sustainable finance projects. She has also worked on differentiated funding models for enabling private investment into green infrastructure.
On her appointment, Supriya Prakash Sen said, “Azure Power has been leading energy transformation in India through its innovative solar energy platform and its commitment to advancing sustainability practices in the country. I am delighted to join the board of an organization whose primary purpose is to strengthen sustainable development in the energy sector; and I look forward to working with the other directors at Azure Power on capitalizing on growth opportunities, while enhancing value for all stakeholders and the community.”
In her previous roles, she had worked as a private equity investor and project finance banker on climate- smart transactions in energy, mobility, telecom, urban & water, social infrastructure, and banking sectors in India, China, South East Asia and Middle East, and in advisory and investment roles within Public Private Partnership (PPP) infrastructure projects for banks and financial institutions such as Citigroup Global Markets, Asian Development Bank, and the World Bank Group.
On the educational background, She has an honours undergraduate degree in engineering from Bangalore University and an MBA from Indian Institute of Management Calcutta. Over the years, she also completed various executive development programs in strategic innovation, public policy and governance at Kennedy School of Government, Singapore Institute of Directors and Harvard Business School.
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