Three veterans join leadership team of Lohum Cleantech – ET Auto

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CFO – Nitin Goe

New Delhi: Lohum Cleantech India’s leading producer of sustainable energy transition materials via battery recycling and raw material refining, and battery repurposing, Tuesday appointed three renowned industry stalwarts to strengthen its leadership team.

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Chidambaram Mandan as Vice-President and Head of R&D and Quality Control.

The appointment of these key positions is aimed at managing and sustaining Lohum‘s rapidly growing scale and efficiency in the sunrise sector like energy and clean mobility space.

In his new role as Vice-President & Head of R&D and Quality Control at Lohum, Chidambaram Mandan will be devoting his time in value addition through improving Recycling process efficiencies, lowering recycling process CO2 generation, and maximizing material purity.

As Head of Corporate Development at Lohum, Sachin Maheshwari will oversee expansion opportunities both organically and inorganically through partnerships, M&A transactions, and strategic investments to accelerate growth of Lohum globally.

As CFO at Lohum, Nitin Goel will drive the organisation’s finance strategy and support its growth ambitions, the company said in a media release.

Rajat Verma, Founder & CEO of Lohum Cleantech, said, “We are seeing immense growth opportunities both in India and globally and strengthening our leadership team for the upcoming energy transition developments. We welcome the three industry change-makers to Lohum, and together we aim to witness the next level of growth for the organization, contributing to India’s mission for cleantech solutions.”

Nitin Goel is a Chartered Accountant [CA] and Cost & Management Accountant [CMA], having held Senior Finance positions in both Public traded and privately-held companies for over 20 years. He joined from SABIC where he served as Director Finance and in the past held senior roles in UOP Honeywell, Kohler & Bosch.

Sachin Maheshwari has over 25 years of investing, operating, and entrepreneurial experience in India and the United States, and over 10 years of PE/VC experience. Previously, he was the Managing Director at Zephyr Peacock, a PE firm focused on India apart from holding senior-level positions at Draper Fisher Jurvetson and Opus Capital, both based in Silicon Valley (USA).

Chidambaram Mandan comes with over 20 years of experience in Chemical Catalysis, Renewable Energies, and Biofuels. Before joining Lohum, Dr. Chidambaram was heading Precious Metal Based Catalysts R&D at Hindustan Platinum, where he developed and commercialized more than 65 Precious Metal Based catalysts for diverse chemical/pharmaceutical industries during his tenure. He has 26 International Peer Reviewed Publications including a Review on Algae to Oil, and 47 patent applications, including 25 granted so far, the release said.

  • Published On Mar 5, 2024 at 03:01 PM IST

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