Redington Group Ropes in Rajiv Srivastava as its Joint MD & Additional Director on the Board

Redington India, a provider of Technology Products, Solutions & Services Distribution and Supply Chain Solutions, has appointed Rajiv Srivastava as its Joint Managing Director and Additional Director on the Board, with effect from April 02, 2021. Furthermore, the firm has also announced the promotion of Managing Director Raj Shankar, as Vice-Chairman and Managing Director with immediate effect.

Raj Shankar, Vice Chairman and Managing Director, Redington India, comments, “We are delighted to welcome Rajiv Srivastava as our Joint Managing Director. Rajiv comes with an excellent track record for ushering technology-led business transformation, building long-term shareholder value and managing operations at global scale. His induction into Redington’s leadership as we are poised for breakout growth on the back of emerging disruptive technologies is strategic and timely.”

Lately, Rajiv has been serving as the Managing Director and Chief Executive Officer of Indian Energy Exchange (IEX), India’s premier energy exchange. In his tenure at IEX, he changed the publicly listed Company into a diversified business enterprise that considerably improved shareholder value. Before IEX, Rajiv was associated with HP for nearly 19 years, where his final stint included the roles of Managing Director - HP India for six years, following which he serves as Chief Operating Officer, Asia Pacific & Japan, based in Singapore. As a member of the worldwide strategy board, he has played an active role in restructuring HP’s global operating model.

Commenting on his new role, Rajiv Srivastava says, “Redington has an outstanding reputation, global presence and tremendous growth potential at a time when businesses are moving towards digital first strategies while embracing everything-as-a-service. Redington Group itself is in the midst of a rapid transformation into a digital organization and we will continue to leverage technology advancements to transform, diversify and reinvent the Company. I look forward to working closely with Raj, the Board, senior leadership, employees and our clients across regions to sustain high growth with the high standards in corporate governance and enhancing shareholder value.”

Being active in setting the future of the technology industry in India, Rajiv held several leadership positions at trade bodies, namely NASSCOM, Confederation of Indian Industries (CII), and American Chamber of Commerce (AMCHAM) Manufacturers Association of Information Technology (MAIT). Rajiv has obtained a Bachelor’s degree in Mechanical Engineering from Birla Institute of Technology and Science, Pilani, and a Diploma in International Business from Helsinki School of Economics.