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Terdal named GMR CFO as Subba Rao quits

Country’s GMR Infrastructure on Wednesday said that its Group Chief Financial Officer (CFO) Subba Rao Amarthaluru has decided to quit to pursue his career interest elsewhere.

'...Subba Rao Amarthaluru, Group Chief Financial Officer has decided to pursue his career interests elsewhere,' the Bangalore-based infrastructure firm said in a Bombay Stock Exchange (BSE) filing.

Meanwhile, GMR has appointed Madhu Terdal as the Group  Chief Financial Officer in place of Subba Rao Amarthaluru , with effect from Wednesday.

‘Amarthaluru would continue to be in the services of the company till July, 2013 to ensure smooth transition’, the company statement added.
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