Sterlite, a global leader in manufacturing and supplying high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW), today announced the appointment of Monica Madan as the Chief Financial Officer. She takes over the responsibilities previously held by Parag Jain.
Commenting on the appointment, Mr. Reshu Madan, CEO, Sterlite, said, “Monica’s global experience and financial expertise make her the right leader to support Sterlite’s expansion and enhance our market position as we shape the future of power transmission. Her leadership will be instrumental in scaling our operations and creating long-term value as we continue to shape the future of power transmission globally.”
With over two decades of experience across Fortune 500 companies, Monica has held leadership roles at McAfee, Microsoft, and Shell, working across India, Southeast Asia, the US, and Europe. Most recently, she served as the CFO of Schneider Electric Ireland, where she played a key role in driving financial transformation and business growth. She is a strong advocate for women empowerment, diverse and inclusive growth, and mental well-being.
Monica Madan said, “I am thrilled to be joining Sterlite at this pivotal moment for the energy sector. With my experience across various industries and global markets, I look forward to working alongside this talented team to enhance financial excellence and drive operational efficiency. Together, we will work towards strengthening our market leadership and creating sustainable value for our stakeholders as we continue on our growth trajectory.”
Sterlite caters to 70+ countries, delivering cutting-edge solutions in power infrastructure and innovation, further solidifying its position as a global leader in the energy sector.
Sterlite is a global leader in manufacturing and supplying high-performance power conductors, extra-high voltage (EHV), high voltage (HV) and medium voltage (MV) cables and optical ground wires (OPGW), to over seventy countries. Formerly part of Sterlite Power Transmission Ltd Global Products and Services Business, the company has proven track record of being a leading cable solution provider with four state-of-the-art manufacturing facilities.
With a strong focus on innovation and sustainability, Sterlite also possesses EPC turnkey capabilities to provide end-to-end integrated cables solutions to its customers. Its specialized EPC vertical provides bespoke solutions for the upgrade, uprate, and fiberization of existing transmission infrastructure projects advancing the carriage towards a green energy-efficient future.
