MUMBAI: TV18 Broadcast Ltd has appointed Renuka Ramnath as an additional director of the company with effect from 16 July. Ramnath who is designated as independent director, has been appointed for five years.

“We wish to inform you that the board of directors of the company at its meeting held on July 16, 2019, has inter alia approved appointment of Renuka Ramnath, as an additional director of the company with effect from July 16, 2019, designated as an Independent Director. Renuka Ramnath is appointed for five (5) years commencing July 16, 2019, subject to approval of the shareholders of the company,” the company posted in a filing on Bombay Stock Exchange.

Ramnath has over 30 years of experience in the Indian financial sector across private equity, investment banking and structured finance. She started her career with the ICICI Group and had leadership roles in investment banking, structured finance and e-commerce. She led ICICI Venture as the MD and CEO of ICICI Venture to become one of the largest private equity funds in India.