20:44:33 EDT Tue 11 Aug 2020
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Bombardier Inc
Symbol BBD
Shares Issued 2,128,091,942
Close 2020-07-09 C$ 0.425
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Bombardier Transportation appoints Joisar as MD, India

2020-07-10 06:44 ET - News Release

Mr. Andrew DeLeone reports

BOMBARDIER TRANSPORTATION APPOINTS RAJEEV JOISAR AS MANAGING DIRECTOR FOR INDIA

Bombardier Inc.'s Bombardier Transportation has appointed Rajeev Joisar as managing director for India. In this significant leadership role, Mr. Joisar will be responsible for the end-to-end mandate of business development and sales through to project execution and services, with customer satisfaction and business growth as priorities.

"For almost two decades, Rajeev Joisar has been a trusted leader and proven business partner for Bombardier and our customers in India, and he is a great addition to our senior team," said Andrew DeLeone, president of the Europe, Middle East, Africa and India region at Bombardier Transportation. "As the managing director for India, Rajeev will nurture and further develop our valuable customer relationships, while growing a sustainable business in India," he added.

Mr. Joisar has held various roles with increasing responsibility during his career at Bombardier, and he brings vast experience in managing complex multisite cross-divisional projects. He has also had management positions in operations, strategic sales, project management and bid management. Most recently, his direction and leadership helped the India team to win two major new contracts with the combined value of more than half a billion euros. The first was signed in May, 2020, for the Delhi-Meerut Regional Rapid Transit System, which includes 210 commuter and intracity cars, and the second was signed in the first week of July, 2020, for the Agra-Kanpur metro project, which includes both rolling stock and signalling.

This appointment brings Bombardier a fresh opportunity to strengthen its business relationships with customers and industry partners across India. Mr. Joisar has in-depth knowledge of the rail transportation business, coupled with strong leadership skills, commercial acumen and project management expertise. Together with his team, he will focus on developing innovative mobility solutions that delight customers and meet India's growing need for sustainable transportation.

Mr. Joisar holds a bachelor's degree and is a certified engineer with specialization in electronics and communications from a recognized university in Vadodara, India.

About Bombardier Inc.

With nearly 60,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Its products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

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