Kolkata, Feb 5 (IANS): Vikram Solar, one of India's leading module manufacturers and a prominent EPC & rooftop solar solutions provider, announced on Wednesday the appointment of renewable energy sector veteran, Mr Saibaba Vutukuri, as the new Chief Executive Officer (CEO) of the company.

"This announcement comes in at an important juncture, marking the next phase of growth at Vikram Solar," the company said.

Gyanesh Chaudhary will retain his position as the Managing Director of the company. With Vutukuri's appointment, Chaudhary will take on a more strategic role involving portfolio diversification, key strategic initiatives and future ventures.

Vutukuri, a post-graduate in International Business (MBA) from Copenhagen Business School, has over 3 decades of industry experience, with more than two decades spent in the wind and solar sector.

Besides serving as the President and CEO -- Diversification of the BSE listed Inox Wind Ltd in his last assignment, Vutukuri has previously held leadership positions in several organizations, including Business Head/Chief Executive, India Business (South and East) and South East Asia markets at Suzlon Energy Ltd among other leadership roles, the company added.