Hitachi Energy India Limited has informed the Exchange regarding Appointment of Mr Ismo Antero Haka as Chairman of the Board and of the Company w.e.f. August 20, 2025 in addition to his current role as Non-Executive and Non-Independent Director of the Company
POWERINDIA · price
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Hitachi Energy India announced key changes to its board effective August 20, 2025. Mr. Ismo Antero Haka, already a Non-Executive and Non-Independent Director, has been elevated to Chairman, replacing Mr. Achim Michael Braun who resigned from the board. Mr. Jan Niklas Persson, who is an Executive Vice President at Hitachi Energy's Grid Integration Business Unit, has been appointed as an Additional Non-Executive Non-Independent Director, subject to shareholder approval via postal ballot. The changes also triggered a reconstitution of several board committees, including Audit, Nomination & Remuneration, Stakeholders' Relationship, Risk Management, CSR, and ESG committees. Mr. Persson brings over 25 years of experience within the Hitachi Energy group, including leadership of the HVDC business.
This is a routine leadership transition at a subsidiary of global parent Hitachi Energy, with no change in business direction expected. The incoming Chairman and Director are both from within the Hitachi group, suggesting strategic continuity, and the stock price is unlikely to be materially affected.