Hero Future Energies, the Renewable arm of the Hero Group, announces the appointment of Srivatsan Iyer as the global Chief Executive Officer. Srivatsan is in the process of taking over from industry veteran Sunil Jain, who will be handing over the complete charge within this month.

Rahul Munjal, Chairman and Managing Director, Hero Future Energies commented, “In this role, Iyer will work towards strengthening HFE’s presence in domestic markets and growing its global presence and will be responsible for the company’s business and financial goals.”

Sri plans to focus on people, strengthening internal business processes, driving projects, and operational excellence, and increasing innovation, which includes adopting and integrating new technologies to bring down the cost of projects and improve efficiency. He will also work towards making India operations the knowledge, design, and engineering hub for HFE’s global operations. He values integrity, humility, perseverance, agility, and is non-hierarchical and process-oriented.

Srivatsan last worked for Braskem, the largest petrochemical company in the Americas, based in São Paulo, Brazil, as their Vice President of Strategy & Planning and Innovation & Technology. He joined Braskem 10 years back and has worked in various roles from Strategy to M&A, R&D, Finance, Planning, Procurement, and IT. Previously, he was the CEO and General Manager of Braskem Europe. Prior to joining Braskem in 2010, Srivatsan spent 5 years with McKinsey & Company. Before that, Srivatsan spent eight years working with ExxonMobil Chemical in several roles, starting his career in R&D and Technology Development.