Renew Power Expands Leadership Team; Hires 3 Top Executives

The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America.

One of the leading Independent Power Producer (IPP) ReNew Power has appointed three senior executives who have joined the organization in leadership roles.

These strategic appointments are in-line with the company’s continued focus on strengthening its management team.

The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America.

Both Mayank Bansal and Varun Sivaram will be based out at the company’s Gurugram office while Stephen O’Rourke will be based at it’s recently set up international office in San Francisco, California.

Mayank will be responsible for developing the current and future strategy of the company and all capital allocation decisions.

He has close to 20 years of consulting experience across verticals like Automobile, Metals & Mining, Infrastructure and Consumer Goods.

As CTO, Varun will be responsible for understanding and integrating new technologies in existing lines of business, identifying new streams of technology enabled opportunities and building a culture of technology innovation within ReNew.

Stephen will be driving ReNew’s business in the US market, which the company has recently entered.

He joined ReNew Power from Capitas Energy where he served as the co-founder and Managing Partner helping them source, advance and sell more than 300 MWac of mid-stage and greenfield utility scale projects in less than 2 years.

Commenting on these appointments, ReNew Power, Chairman and Managing Director, Sumant Sinha said, “We are pleased to welcome Stephen, Mayank and Varun to the leadership team. These senior level hires reflect our commitment to the goal of providing smarter and more efficient clean energy solutions. I look forward to our new appointees bringing in fresh ideas and rich experience to the organisation, adding a new dimension to our business.”