Abhaya Shankar, the erstwhile Managing Director of HIL Limited (formerly Hyderabad Industries Ltd, a Birla Group Company) has joined Beardsell Limited, as President – Business Acceleration and Strategy.
Shankar is a Senior Management professional with over 30 years of comprehensive achievements across functions, having held senior level positions across various large Indian Corporate Groups. He is a B.Tech from I.I.T. Kanpur and has completed his Management at I.I.M Calcutta.
He possesses rich experience in both managing operations as well as taking forward corporate initiatives including mergers and acquisitions, joint ventures, disinvestments etc. Further, having built companies from scratch and advised start-ups growing them into successful businesses, he brings to the table an understanding of creating future value business models.
Commenting on the development, Bharat Anumolu, Managing Director Beardsell said, “We are delighted to welcome Mr. Abhaya Shankar on board. Given his rich experience across the automotive, cement products, building materials, advanced polymers and chemical space we believe he will play an important role in helping shape Beardsell’s strategy and driving growth.
He added, “Shankar has over 30 years of extensive experience in heading multi-location manufacturing operations, profit center responsibilities, strategic planning and marketing and sales functions both B2B & B2C. Abhaya joins us at a time when the status quo in the construction space is expected to change aided by the introduction of the Real Estate bill. His rich experience in the building material space will be particularly helpful towards us availing greater insights for our Prefab business. As an organization, we have embarked upon several exciting initiatives while focusing on our core constituents – greater operational efficiency, improved aesthetics and achieving scale through collaborations and acquisitions in our technology driven prefabricated business.With this latest addition to the family we at Beardsell look out to develop the business into a world class organization we have set forth upon.”
Shankar added, “I am delighted to be partnering with Beardsell who I believe is well positioned in a very exciting and growing space. The Prefab space as we have seen in developed countries has tremendous potential across the board and these are only just beginning to be recognized in India. I am excited to be where the action is. I look forward leveraging my experience partnering with the team at Beardsell, as the company takes judicious steps towards greater heights.”