Sterlite Power appoints Amitabh Prasad as Brazil CEO

Sterlite Power appoints Amitabh Prasad as Brazil CEO

TBB BUREAU

SAO PAULO, JAN 14

Sterlite Power, a leading global developer of power transmission, today announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil.

After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the company in his capacity as member of the Advisory Board with focus on M&A, Regulatory and Legal. These changes are effective February 1, 2021 subject to necessary approvals.

Prasad is a seasoned industry professional with over 25 years of experience in leadership positions across power and infrastructure sectors. Over the last three years, he has successfully led the Global Supply Chain function for Sterlite Power across India and Brazil, including his role as Board advisor for Sterlite Power Brazil. He will play a key role to further strengthen the company’s operations in Brazil, together with the strong Brazil leadership team.

Commenting on the appointment, Pratik Agarwal, Managing Director, Sterlite Power, said “Prasad has been closely associated with our Brazil operations since inception. His familiarity with the market and his strong execution expertise will be of great value as he steers our team ahead guided by our core purpose to contribute towards the Brazilian national grid.”