Lohum appoints Nitin Goel as CFO, two more members to management team

Lohum, a battery recycling and battery repurposing firm, appointed three members to its management team. 

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Dr. Chidambaram Mandan as Vice-President & Head of R&D and Quality Control. 

In his new role as Vice-President & Head of R&D and Quality Control at Lohum, Dr. Chidambaram Mandan will be devoting his time to value addition through improving Recycling process efficiencies, lowering recycling process CO2 e generation, and maximizing material purity as Head of Corporate Development at the company.

Sachin Maheshwari will oversee expansion opportunities both organically and inorganically through partnerships, M&A transactions, and strategic investments to accelerate growth globally; and as CFO, Nitin Goel will drive the organisation's finance strategy and support its growth ambitions.

​Rajat Verma, Founder and CEO of Lohum Cleantech, said, “We are seeing immense growth opportunities both in India and globally and strengthening our leadership team for upcoming energy transition developments. We welcome the three industry changemakers to Lohum, and together we aim to witness the next level of growth for the organisation, contributing to India’s mission for cleantech solutions.”

Nitin Goel is a Chartered Accountant [CA] and Cost & Management Accountant [CMA], having held Senior Finance positions in both Public traded and private held companies for over 20 years. He joined from SABIC where he served as Director Finance and in the past held senior roles in UOP Honeywell, Kohler & Bosch.

Sachin Maheshwari has over 25 years of investing, operating, and entrepreneurial experience in India and the United States, and over 10 years of PE/VC experience. Previously, he was the Managing Director at Zephyr Peacock, a PE firm focused on India apart from holding senior-level positions at Draper Fisher Jurvetson and Opus Capital, both based in Silicon Valley (USA).

Dr. Chidambaram Mandan comes with over 20 years of experience in Chemical Catalysis, Renewable Energies, and Biofuels. Before joining Lohum, Dr. Chidambaram was heading Precious Metal Based Catalysts R&D at Hindustan Platinum, where he developed and commercialised more than 65 Precious Metal Based catalysts for diverse chemical/pharmaceutical industries during his tenure. He has 26 International Peer Reviewed Publications including a Review on Algae to Oil, and 47 patent applications, including 25 granted so far.