IRB INFRASTRUCTURE PRIVATE LTD., WHOLLY OWN SUBSIDIARY OF IRB INFRASTRUCTURE DEVELOPERS LTD. APPOINTS MR. RAJINDER PAL SINGH AS INDEPENDENT DIRECTOR AND CHAIRMAN TO THE BOARD
India , February 17, 2017: IRB Infrastructure Private Ltd., a wholly own subsidiary of IRB Infrastructure Developers Ltd. and an Investment Manager of IRB InvIT Fund, has appointed Mr. Rajinder Pal Singh as an Additional Director and Chairman to the Board with effect from 14th February 2017.
Mr. Rajinder Pal Singh, IAS, (Age 65) has served in the Indian Administrative Services and has worked in various areas like Finance, Industry, Urban Development, Infrastructure Development, etc. in Govt. of India.
In the past, Mr. Singh has been the Chairman & Managing Director, Punjab & Sind Bank; served as Secretary, Dept. of Industrial Policy & Promotions to the Govt. of India. Mr. Singh has also been the Chairman of NHAI from 2012 to 2015. At present, he is on the Board of Directors of Maruti Suzuki India Ltd.; Bharati Infratel Ltd. and Lodha Developers Private Ltd.
While commenting on the development, Mr. Virendra D. Mhaiskar, Chairman & Managing Director of IRB Infrastructure Developers Ltd. said, “We welcome Mr. Singh on the Board of IRB Infrastructure Pvt. Ltd. We are confident that his rich domain knowledge and expertise will be of great help to the IRB Group in achieving new heights of success.”
About IRB Infrastructure Developers Ltd:
IRB Infrastructure Developers Ltd (IRB) is one of the largest private roads and highways infrastructure developers in India.
The Company is presently having 22 BOT projects across India out of which, 14 BOT projects have already been operational.
The total costs of roads and highways assets under operations and execution by IRB is more than Rs.36,000 Crores, including strong order book of approx. Rs.10,000 Crores.
IRB, in the 10th year of its journey towards excellence post listing, has achieved an unmatchable milestone of crossing 10000 lanes Kms, which is the largest by any private roads and highways infrastructure developers in India.