Vishal Wanchoo to retire from GE and Mahesh Palashikar announced as President & CEO of GE South Asia

New Delhi – January 21, 2020: GE, today announced the retirement of Vishal Wanchoo effective June 1st, 2020, and appointment of Mahesh Palashikar as President & CEO of GE South Asia effective February 1st, 2020, with responsibility for India, Bangladesh and Sri Lanka markets. Vishal will be returning to the US after completion of the transition over to Mahesh.

Rachel Duan, Senior Vice President, GE, and President & CEO, GE Global Growth Organization, said, “We would like to congratulate Mahesh on his new role. He is a commercially savvy business leader with a global mindset and strong proven leadership. I am excited to continue strengthening our 100-year old presence in the region and driving robust growth for our customers and the company with Mahesh’s appointment.”

As a 20-year GE veteran, Mahesh’s career progressed through varied, complex assignments in manufacturing operations, global supply chain, quality, lean six sigma, sales, projects and services within GE’s Healthcare, Power and Renewable Energy businesses. In his most recent role, Mahesh led GE’s Onshore Wind business for Asia Pacific. During his GE career, Mahesh has lived in India, USA and China.

Duan added, “We greatly appreciate Vishal’s contributions throughout his 23 years at GE spanning a wide range of global markets and businesses, his outstanding leadership leaves an indelible mark on the Company. I would like to thank Vishal for his dedication, service and wish him the best in his future endeavours.”

GE has been present in South Asia for over 100 years across core sectors of aviation, healthcare, power and renewable energy. With multiple local manufacturing and services facilities and over 18,000 employees in the region, GE has been contributing to the region’s growth agenda with emphasis on infrastructure development, affordable and accessible healthcare as well as technological innovation.

About GE

GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com

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