Kiran Karnik joins Attero Recycling Board as first ''Independent Director''

IN A significant development in the rapidly evolving e-waste recycling sector, former National Association of Software and Services Companies (NASSCOM) President Kiran Karnik has joined the Attero Recycling Board as the first ''Independent Director'' since the company''s inception in 2008.

With his immense experience and industry know-how, Karnik brings with him the assurance of smooth functioning and corporate governance policies.

Announcing the development, Nitin Gupta, CEO, Attero Recycling said: "We are elated to have Mr Karnik on Attero''s board. His presence on our board will add tremendous value to the company''s functioning. Mr Karnik is a stalwart in the Indian IT Industry and we will benefit from his rich experience and vast knowledge."

"The expansion of Attero''s Board of Directors will ensure that the company will continue to gain from the diversity of expertise and opinions. Mr Karnik''s leadership at all the levels will be a valuable asset as we evolve Attero''s business and grow," he added.

Kiran Karnik was the President of NASSCOM till 2008. In 2009, he was appointed Chairman of Satyam Computers by Government of India; post the ''Satyam saga'' that involved the largest corporate fraud in India.

In his career spanning four decades, Karnik has been conferred many awards and accolades, including the Padma Shri in 2007 and the ''DATAQUEST IT Person of the Year - 2005''. Business Week named Mr Karnik as one of the ''Stars of Asia'' in 2004 and he was selected as Forbes magazine''s ''Face of the Year 2003'', for being a driving force behind India''s off shoring wave.

Talking about his move to Attero, Karnik said, "I'm excited to join the Attero family. This organization is innovative and has many exciting plans on the anvil. It has grown consistently over the past years and I am looking forward to working with the management team to help Attero consolidate its leadership position in this space."

"The company has young and enterprising people and with their entrepreneurial accomplishments, Attero has risen to a new level. I hope to nurture this association," he added.

Attero is also the only integrated e-waste recycler in India to be

awarded the Recycling Registration for Environmentally Sound Recycling of Hazardous Waste by the Central Pollution Control Board, Ministry of Forest & Environment.