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Business EconomyPosted at: Mar 18 2024 5:53PM


Rane Group announces leadership changes at the board

Chennai, Mar 18 (UNI) The Chennai-headquartered Rane Group on Monday announced leadership changes at its Board.
Mr. L.Ganesh has decided to retire as Chairman from the operating entities of Rane Group, effective
from March 31, 2024.
Mr. Harish Lakshman will take over as Chairman of Rane Group, effective from April 1, 2024.
Mr Ganesh will, however, serve as a Non-Executive Director on these entities and continue as Chairman and Managing Director of Rane Holdings Limited, a company statement said here.
Mr. Ganesh became Chairman of Rane Group in November 2006. He pioneered the TQM movement and three of Rane businesses won the coveted Deming Grand Prize under his leadership. He was conferred with the prestigious Deming Award in recognition of his outstanding contribution to the dissemination and promotion (overseas) of TQM in 2022. During his tenure, the group has grown from Rs. 1,050 crores to about Rs. 7,200 crores and enhanced the export sales from 12% to 24%.
Mr Harish held positions of increasing responsibilities in the areas of Marketing and Operations and became Managing Director in 2008. Harish was involved in the corporate management of Rane Group from 2012 and became its Vice Chairman in 2017.
UNI GV 1753
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