Lanco Infratech rejigs key financial roles

Lanco Infratech has informed BSE that the company has re-organised its Finance Function responsibilities. The company has accepted the resignation of J Suresh Kumar, Chief Financial Officer who was responsible for Financial Control & Investor Relations.

J Suresh Kumar will continue in this role till December 15, 2011.

T Adi Babu will be the new Financial Controller and Philip Chacko the new Head of Investor Relations at Lanco Infratech -- both reporting to G Venkatesh Babu, Managing Director.

As regards other key Finance function roles, Sharad Jhingan, Head-Structured Finance and T N Subramaniyan, Head-Project Finance will continue to report to Managing Director as per already existing reporting structure.