JSW Energy Ltd. said its Joint Managing Director and Chief Executive Officer Prashant Jain resigned today to pursue personal interests.

Jain, who was given the responsibility to lead JSW Energy as joint MD and CEO in 2017, expressed his intention to take early retirement from active professional life and accordingly, stepping down from the position, the Indian power producer said in a stock exchange announcement.

“After a work life of more than 31 years, it is now time to pursue my personal interests, hobbies and passion for other pursuits while spending quality time with my family,” Jain said in his resignation letter.

JSW Energy said Jain will continue to serve in his current position until 31 January 2024 to support an orderly transition.

A search process for selecting a suitable candidate (both internal or external) has commenced and the outcome will be shared in due course, it added.

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