Ajay Saldanha joins Viritech as a Strategic Advisor
Ajay Saldanha Viritech
Viritech is delighted to announce Ajay Saldanha is to become a Strategic Advisor to the company.
Ajay is an experienced banking and investment professional with over 20 years’ experience in the power, energy & utilities sector. He deals extensively with asset owners, developers and investors in the low-carbon and energy efficiency sector.
Ajay was Partner and Head of Energy M&A at KPMG until 2017 and prior to that he was at Lehman Brothers (& Nomura) from 2001. During his investment banking and advisory tenure, Ajay has led acquisitions and financings of over $60bn related to assets in UK, Europe, Asia & sub-Saharan Africa
Ajay’s experience and deep knowledge of zero-carbon technology and markets will enable him to provide strategic advice to Viritech as the company rolls out its commercial scale-up strategy in 2024.
Timothy Lyons, Founder of Viritech, said:
I am delighted to announce that Ajay is joining Viritech as a Strategic Advisor. As an experienced entrepreneur, I know the value of broadening our team and adding strategic experience to support Viritech’s rapid development.
Ajay’s expertise and contacts will be extremely valuable to Viritech as we transition from an R&D focused cleantech start-up, to become a leader in the vital new technologies of hydrogen powertrain solutions. Ajay’s strategic insights will add valuable perspective across many aspects of our business.
Ajay Saldanha said:
I am delighted to be joining Viritech as a Strategic Advisor. I am extremely impressed with the remarkable progress Viritech has made since its foundation three years ago. Its technology is gaining traction with global partners, and I am looking forward to applying my experience to the challenge of placing hydrogen at the centre of the journey to ‘Sustainable Transportation’.
About Viritech:
Viritech is a cleantech company with the goal of becoming the world’s leading developer of hydrogen powertrain solutions.
Focussing on areas where hydrogen powertrains offer maximum benefit, the company currently offers solutions for vans and heavy trucks. This will be followed by applications for off highway, rail, marine and aerospace.
With an F1-derived engineering culture focussed on agile innovation and the creation of valuable, licensable IP, Viritech’s business model is to develop world-leading technologies to licence to global OEMs and Tier 1 suppliers. For more information, please visit viritech.co.uk.