JP associates elects Manoj Gaur as executive chairman

Debt-ridden Jaiprakash Associates (JAL) on Saturday said its board has approved the re-appointment of its promoter Manoj Gaur as executive chairman and chief executive officer (CEO) for 3 years with effect from April 1. The board has also approved the re-appointment of Sunil Kumar Sharma as executive vice-chairman for 3 years, with effect from March 18.

“Based on the recommendations of nomination and remuneration committee, the board has approved the re-appointment of Manoj Gaur, executive chairman and CEO for 3 years, with effect from April 1, 2019,” it said.