Raymond names Salil Bawa as Group Head - Investor Relations

New Delhi: Raymond has appointed Salil Bawa as Group Head - Investor Relations for Raymond Group, with a mandate to lead investor engagement and capital-markets strategy across the group's listed entities.

Bawa will be on the rolls of Raymond Realty Limited. A Chartered Financial Analyst with over 25 years of experience, Bawa joins Raymond from the LNJ Bhilwara Group, where he led group corporate development and investor relations. During his career, he has worked as a key interface between management, global institutional investors and the analyst community through demergers, IPOs, QIPs and strategic capital raises. Bawa has also built and led investor relations functions across several listed groups, including the Welspun Group.

His experience includes relationships with sovereign wealth funds, pension funds and long-only institutional investors, along with a track record of expanding analyst coverage and strengthening institutional participation. At Welspun Group, Bawa tripled institutional ownership within approximately 18 months through focused investor targeting and global roadshows across the US, Europe and Asia. He has also received the Best Investor Relations Officer recognition, based on a global fund-manager poll.

Rakesh Tiwary[/caption] Speaking on the appointment, Rakesh Tiwary, Group CFO, Raymond Group said "Salil joins us at a defining moment. Raymond today operates as three focused, listed value-creation platforms, and telling that story with clarity and conviction to global investors is central to unlocking the value we are building. Salil's track record and his standing with the world's leading institutions make him the right leader to take our investor engagement to the next level." In his new role, Bawa will focus on strengthening Raymond Group's engagement with investors and the capital markets as the group operates through its three listed value-creation platforms.