Management Change17 May 2026, 12:30 pm
REC Ltd: Hemant Kumar's Tenure Ends, Mohammed Azaz Ali Appointed CCO
AI Summary
REC Ltd. announced a change in senior management, with Mr. Mohammed Azaz Ali, General Manager (Finance), appointed as the new Chief Compliance Officer (CCO) effective May 17, 2026. This follows the completion of Shri Hemant Kumar's three-year tenure as CCO on the same date. Mr. Ali holds a Bachelor’s degree in Electronics Engineering and a Master’s degree in Business Administration (Finance).
Key Highlights
- Mohammed Azaz Ali appointed as Chief Compliance Officer of REC Ltd.
- Hemant Kumar's tenure as Chief Compliance Officer ends May 17, 2026.
- Change in senior management is one level below the Board of Directors.
- Mr. Ali is currently General Manager (Finance) at REC Ltd.
Price Impact
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