Bengaluru, 23nd January 2024 – STEER World, a global leader in engineering innovation, specializing in materials transformation, proudly announces the appointment of T.N. Hari as its Executive Chairman. This strategic move marks a significant milestone for the company as it endeavors to achieve new heights under the dynamic leadership of Mr. Hari, leveraging his extensive experience and insights in growing and scaling organizations.

Mr. Hari will set the strategic direction for STEER’s Engineering, Life Sciences and Materials businesses and oversee its implementation. He will also provide guidance and support to the CEO’s of STEER’s various businesses and the Corporate Services Group.

Mr. Hari is a distinguished professional with a multifaceted career, serving as an Angel Investor, Advisor to Venture Capitalists, trusted sounding board to founders, prolific author, and columnist. Armed with degrees from the prestigious IIT and IIM, Mr. Hari has carved a niche for himself as a sought-after advisor and mentor for numerous startups and emerging entrepreneurs globally. His illustrious career includes senior management roles with multiple start-ups and scale-ups (Tata Steel, IBM Daksh, Virtusa, Amba research, Taxi for sure, Big Basket), where he played a pivotalrole in shaping five successful exits across diverse industries, including a groundbreaking IPO on NASDAQ. Currently, as a Co-founder of the Artha School of Entrepreneurship, Mr. Hari has co-authored seven books, showcasing his influential thought leadership in the business ecosystem. LinkedIn has consistently recognized him as one of the top voices in India for three consecutive years, from 2016 to 2018, underscoring his profound influence and impact in the professional community.

Steer Founder and MD Dr. Babu Padmanabhan said: "We are thrilled to welcome Mr. T.N. Hari to the STEER family as our Executive Chairman. His wealth of experience and strategic acumen will undoubtedly play a pivotal role in steering STEER World towards new horizons. Mr. Hari's impressive track record aligns seamlessly with our commitment to innovation and market leadership. I am personally enthusiastic about the collaboration and have complete confidence that, under Mr. Hari's guidance, STEER World will continue to set industry benchmarks and redefine the boundaries of engineering innovation. Together, we look forward to creating a future where deployment of our advanced materials platform technologies positively impact lives globally."

“Steer has a long and storied history,” said Mr. Hari. “I’m incredibly proud to join and work alongside an exceptional team on the implementation of our strategic priorities designed to drive sustained growth and create long-term value.”

STEER World welcomes Mr. T.N. Hari as its Executive Chairman and looks forward to his able leadership in propelling the company towards accelerated growth and scale. The entire STEER team eagerly anticipates working under Mr. Hari's guidance, poised to chart new milestones in the industry.

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About STEER:

Founded in 1993 by Dr. Babu Padmanabhan, STEER ENGINEERING PVT. LTD, is committed to the design, creation and implementation of advanced materials platform technology that effectively transforms and functionalises materials in the field of pharmaceuticals, plastics, food & nutraceuticals, biomaterials and biorefining. Operating 5 global offices, 10 satellite offices, 4 Application Development Centres and supported by a talented workforce of over 500 engineers, scientists and technicians, the STEER Group serves over 50 countries across the globe. STEER is driven by innovation and holds 90+ granted patents. With a vision to steer a new world, the Group remains focused on the development of advanced platform technologies and processes to improve the quality of life and change the way people live, eat and stay healthy.