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Governance Structure

Management excellence backed by decades of experience in air conditioning, refrigeration, and engineering projects

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ASHOK M ADVANI

Ashok M Advani holds an MBA from the Harvard Graduate School of Business Administration, an Electrical Engineering degree from MIT, USA, and a BSc (Honours) from Mumbai University. With a distinguished career spanning over 47 years at Blue Star, Mr Advani served as its Chairman for 33 years. Under his leadership, the Company’s revenue grew more than 400-fold and became a recognised leader in the Air Conditioning and Commercial Refrigeration industry in India.

 

Mr Advani retired from the Board in November 2016, but in recognition of his exceptional leadership and legacy, he was appointed Chairman Emeritus. He continues to be an invitee to the Board Meetings and remains deeply engaged with the Company as an advisor to both the Board and Executive Management.

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SUNEEL M ADVANI

Suneel M Advani is a double graduate in Electrical Engineering and Economics from MIT, USA. He also holds an LLB degree from Mumbai University. Mr Advani spent his entire professional career at Blue Star, beginning as a management trainee in 1969. Over the years, he steadily rose through the ranks, becoming President and Vice Chairman in 1984. In 2014, he retired from his executive role and was designated Vice Chairman of the Board. In December 2016, he was appointed Chairman of the Board, a position he held until his retirement from the Board on March 31, 2019, after 50 years with the Company, including 36 years on its Board.

 

In recognition of his exemplary leadership, Mr Advani was honoured with the title of Chairman Emeritus. He continues to be associated with the Company as an advisor to both the Board and Executive Management.

 

During his tenure, Mr Advani played a key role in establishing Blue Star’s presence in computer software development and exports. When this division was spun off in 2000 to form Blue Star Infotech Limited, he became Chairman and later Managing Director. He also led many successful joint ventures with global companies such as HP, Motorola, and Stork-Comprimo, in addition to forming strategic partnerships within the Indian air conditioning industry. Mr Advani was instrumental in several corporate acquisitions for both Blue Star and Blue Star Infotech Limited.

 

Throughout his career, Mr Advani contributed significantly to the industry and trade bodies, serving on the managing councils of several organisations, including the Confederation of Indian Industry (CII). He is also the founder and a Past President of the Refrigeration and Air Conditioning Manufacturers Association (RAMA).

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Board of Directors

VIR S ADVANI

VIR S ADVANI

Chairman & Managing Director

 B THIAGARAJAN

B THIAGARAJAN

Managing Director

MOHIT SUD

MOHIT SUD

Executive Director, Unitary Cooling Products

 ANIL HARISH

ANIL HARISH

Independent Director

 RAJIV LULLA

RAJIV LULLA

Non-Executive Director

 G MURLIDHAR

G MURLIDHAR

Independent Director

 SUNAINA MURTHY

SUNAINA MURTHY

Non-Executive Director

 ANITA RAMACHANDRAN

ANITA RAMACHANDRAN

Independent Director

 ARVIND K SINGHAL

ARVIND K SINGHAL

Independent Director

 VIPIN SONDHI

VIPIN SONDHI

Independent Director

 M S UNNIKRISHNAN

M S UNNIKRISHNAN

Independent Director

DINESH N VASWANI

DINESH N VASWANI

Non-Executive Director