Adani Power Names Dilip Jha CFO As Shailesh Sawa Moves To New Role

Adani Power Names Dilip Jha CFO As Shailesh Sawa Moves To New Role

Adani Power Ltd. appointed Dilip Kumar Jha as new chief financial officer, effective 1 April, as the current CFO Shailesh Sawa is set to move to a new role within Adani Group.

“This transition is part of a leadership capability development initiative being undertaken across the Adani portfolio of companies…” the thermal power producer said in a stock exchange announcement.

The company said its board accepted Sawa’s letter relinquishing his position and approved the appointment of Jha as the new CFO-designate. He currently serves as finance head of the Integrated Resource Management vertical of Adani Enterprises Ltd.

Adani Power said Jha has been associated with Adani Group since 2010. During his association, he has handled the role of head of taxation, head FP&A /business controller of mining service business vertical, director and CFO of Adani Track Management Services Ltd.

Sawa, who will relinquish his position from close of the business hours on 31 March, is moving to a new role in Group Regulatory Engagement for Adani portfolio of companies, according to the statement.

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