Thermax announces the appointment of Mr. Ashish Bhandari as the Joint MD of the Thermax Group, effective April 20, 2020. M.S. Unnikrishnan, Managing Director and CEO Thermax will retire on June 30, 2020 following which Mr. Bhandari will move into the role of Managing Director and CEO. Ashish will be joining Thermax from Baker Hughes (formerly aGE Company), where he is currently the Vice President- India & South Asia region.