Banco Products (India) Limited at its board meeting held on November 12, 2016, approved the appointment of Praveen Rao as Chief Executive Officer and as key managerial personal, effective November 12, 2016. Praveen Rao is having 25 plus years experience at senior positions with various companies such as CAPARO Engineering India Limited, Flowserve Sanmar Limited, Amaraja Group, Larsen & Toubro Limited and others in multi business and multi plats with experience in strategic planning and development, sales and marketing and experience in manufacturing operations, engineering, project engineering, purchase and sub contract, quality, EHS with fiscal strategic and operations leadership backed by strong performance and exposed to both Indian and Global markets.