M.S. Unnikrishnan to retire on 31st Aug’20 after serving as MD and CEO of the Thermax Group for 13 years. Ashish Bhandari to take over as MD and CEO, Thermax Group from 1st Sep’20.
Speaking on the leadership change, Meher Pudumjee, Chairperson, Thermax said: “On behalf of the Board and the family, I thank Unny for his association with Thermax for 28 long years. His contribution in steering the company successfully throughout his tenure as MD & CEO while upholding its culture and values has been commendable. I wish Ashish success in furthering our vision and navigating Thermax through its next phase of growth.”