CyanConnode Holdings PLC Strengthening of CyanConnode India Team
June 24 2021 - 2:00AM
RNS Non-Regulatory
TIDMCYAN
CyanConnode Holdings PLC
24 June 2021
REACH
24 June 2021
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Strengthening of CyanConnode India Team
CyanConnode Holdings plc (AIM: CYAN), a world leader in
Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to
announce management changes to CyanConnode India, which it believes
will strengthen the team as it continues on its growth path.
Rajiv Kumar has been appointed as Managing Director and Chief
Executive Officer of CyanConnode India, while Ajoy Rajani takes the
role of Vice Chairman of CyanConnode India, where he will focus on
the strategy and key partnerships of the Company.
Rajiv Kumar is a dynamic professional with twenty-five years
experience in digital energy for transmission and distribution
utilities. He joins CyanConnode from Intellismart (Intellismart
Infrastructure Private Limited), where he managed one of the
largest smart meter deployment programs in India in his role as
Chief operating Officer, a role he held since Intellismart was set
up in 2019. He joined Intellismart from EESL (Energy Efficiency
Services Limited), where he was responsible for driving the Smart
Meter National Program under the Ministry of Power, Govt. of India.
Prior to EESL, Rajiv's experience included more than a decade
working for Schneider Electric, both internationally and in India
in strategic roles in their digital energy business, and a decade
working for Powergrid Corporation of India.
John Cronin, Executive Chairman of CyanConnode, commented :
"We are delighted that Rajiv has joined us as Managing Director
and Chief Executive Officer of CyanConnode India. His background
and experience will be of great benefit to CyanConnode at this
exciting time and I look forward to working with him. I'm also
pleased to announce the change in Ajoy Rajani's role to Vice
Chairman of CyanConnode India where he will continue to develop and
maintain our key partnerships."
Rajiv Kumar, Managing Director and Chief Executive Officer of
CyanConnode India, commented:
"CyanConnode India is a business which I believe has great
potential during this exciting time in the Indian power sector, and
I'm pleased to be joining it as MD & CEO. I believe my
experience in this industry can be of great benefit as the Company
continues on its path of growth"
- Ends -
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 225 060
John Cronin, Executive Chairman www.cyanconnode.com
Arden Partners plc (Joint Broker) Tel: +44 (0) 20 7614 5900
Paul Shackleton / Akhil Shah (Corporate Finance)
Simon Johnson (Corporate Broking)
About CyanConnode
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio
Frequency (RF) Smart Mesh Networks, which are used for machine to
machine (M2M) communication. As well as being self-forming and
self-healing, CyanConnode's RF Smart Mesh Networks are designed for
rapid deployment, whilst giving exceptional performance and
competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh
Advanced Metering Infrastructure (AMI) platform, which has already
gained considerable commercial traction, especially in India which
is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic,
CyanConnode has several routes to market, therefore it is well
positioned to capitalise upon increasing Global demand for smart
metering solutions.
For more information, please visit www.cyanconnode.com
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