National, 11 April 2016: Indus Towers, the country’s largest telecom tower company, today announced the appointment of Mr. Hemant Kumar Ruia as the Chief Financial Officer. Hemant brings along with him an experience of over 23 years, across diverse industries in various coveted organizations. He holds an extensive experience in Business Partnering, Funds Management, Information Systems, Legal and Secretarial and other aspects of leading the Finance function.
Speaking on the occasion, Mr. Bimal Dayal, CEO, Indus Towers said, “I would like to congratulate Hemant on his new role and wish him success. The first step towards building an institution is to build a great team. I am very happy to announce that Hemant joins the leadership team at Indus. I am confident that Hemant will scale greater heights and further strengthen the strong foundation of the company with his knowledge and experience.”
Hemant joins Indus Towers from Reliance Retail Limited, where he was designated as the Chief Financial Officer (CFO) and played the role of business partner across various brands with Reliance Retail – Reliance Fresh, Digital, Jewellery, Trends, Footwear and Reliance Markets.
Talking about his move, Mr. Hemant Kumar Ruia, Chief Financial Officer, Indus Towers said, “I am highly honored to join the Indus Towers family. I will give my best in working towards maintaining the enduring relationships with our employees and business partners.
Hemant started his career with Larsen & Tourbo and has since then worked with ICI India Limited and Reckitt Benkiser India, before moving to Agro Tech Food Limited (subsidiary of ConAgra Foods Incorporated) where he was the CFO for over seven years.
About Indus Towers Limited
Indus Towers Limited is an independently managed company offering passive infrastructure services to all telecom operators. Indus is headquartered in the National Capital Region, New Delhi. Founded in 2007, Indus Towers Limited has been promoted under a joint venture among entities of Bharti Infratel Limited (rendering telecom services in India under the brand name Airtel), Vodafone India (rendering telecom services under the brand name Vodafone) and Aditya Birla Telecom (rendering telecom services under the brand name Idea), who created history by collaborating to share telecom infrastructure.
Indus has a presence in the 15 major telecom circles of India, and has achieved over 265,606 tenancies till date, a first in the telecom tower industry globally. With the current count of over 118,687 towers, Indus has the widest coverage in India and is also the largest telecom tower company in the country.
Indus’ vision of “Transforming Lives by Enabling Communication” is setting a new paradigm for a networked economy, on a world leading scale, whereby there is inclusive and impactful growth for all.
For any further information please visit our website www.industowers.com