Piramal Enterprises appoints Shikha Sharma to its Board; Stock up 1%

Piramal Enterprises Ltd has informd that the Board of Directors at its meeting held on March 31, 2022 appointed Shikha Sharma as a Non-Executive Non-Independent Director of the Company with effect from March 31, 2022, liable to retire by rotation, subject to the approval of the shareholders of the Company.

Shikha Sharma is a B.A (Hons.) in Economics, PGD in Software Technology and PGD from IIM, Ahmedabad. She has rich experience in banking & insurance and has an excellent track record. She led the bank on a transformation journey from being primarily a corporate lender to a bank with a strong retail deposit franchise and a balanced lending book.

She began her career with ICICI Bank in 1980. She was the MD and CEO of ICICI Personal Financial Services from May 1998 to December 2000. Thereafter, she was the Managing Director and CEO of ICICI Prudential Life Insurance Company from December 2000 to June 2009. Later she was appointed as the Managing Director and CEO of Axis Bank from June 2009 till December 2018.

Sharma has won many awards, including Outstanding Businesswoman of the year- CNBC TV18, AIMA JRD TATA Corporate Leadership, Banker of the Year — Business Standard, and has been recognized Top 20 Women in Finance by Finance Asia and 50 most powerful women in business by Fortune.

She is on the board of directors of public listed companies’ viz. Tata Consumer Products Limited, Ambuja Cements Limited, Tech Mahindra Limited, Mahindra & Mahindra Limited and Dr. Reddy’s Laboratories Limited. She is also an advisor to Google India Digital Services Private Limited, NextBillion Technology Private Limited, Bahaar Foundation – a unit of Akshati Charitable Trust and a member of the Board of Governors of IIM, Lucknow.

At around 10:52 AM, Piramal Enterprises was trading at Rs2,254.75 apiece up by Rs24.25 or 1.09% on Sensex.