Singaporean lithium-ion battery manufacturer, Durapower Holdings, has announced significant leadership changes to spearhead its next phase of growth and innovation. Alok Verma has been appointed as the new Group Chief Executive Officer, whilst James Rama Phataminviphas steps into the role of Executive Chairman, and Kelvin Lim transitions to Group President.
These changes are part of Durapower’s strategic succession planning, designed to ensure leadership continuity and introduce fresh perspectives. The company aims to meet the increasing global demand for e-mobility, stationary energy storage, and renewable energy solutions. With over 15 years of experience in automotive and clean energy innovation, Durapower has powered vehicles for over one billion electric kilometres and maintains a presence in 25 countries.
Verma brings over 20 years of experience in energy, manufacturing, and technology sectors. His previous roles include Global Vice President at BanpuNEXT, where he developed a 1.5 GW battery energy storage strategy, and senior leadership positions at Jinko Solar Australia and Honeywell International. He holds an MBA from the Indian Institute of Management, Bangalore, and a Chemical Engineering degree from the Indian Institute of Technology, Delhi.
Phataminviphas expressed confidence in Verma’s leadership, stating, “Alok is a proven leader with deep expertise in energy storage and is skilled at uniting teams around a bold vision.” Verma, in turn, emphasised his focus on operational excellence and technological innovation, aiming to build strong relationships with customers and partners.
As Group President, Lim will focus on strengthening customer and partner relationships and supporting strategic market development. Under his leadership as Group CEO, Durapower transformed from a single-market start-up into a globally recognised brand.
Durapower’s leadership transition underscores its commitment to quality, safety, and sustainability, reinforcing its role as a trusted partner in powering transport, infrastructure, and communities worldwide.
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