Tenon Group announced essential leadership changes in its organisation to alleviate growth and profitability ahead of its 28th Annual Raising Day. The objective with these changes is to simplify operations, enhance profitability, and for promising growth.
The goal is to provide key solutions and solve customer problems in the rapidly evolving facility and security management industry. The group plans to ramp up revenue and shifts its focus to remote monitoring.
Brig. Rajan Oberoi, PPMG, VSM is now appointed as the Global Vice Chairman who has led the Tenon Group as the Global CEO for about 10 years. He is entrusted with the responsibilities of long-term strategic goals of the organisation, overseeing strategic business development, capital allocation, sales innovation, profitability, and operational strategy of the Group in India, Singapore and UK.
The Group has also announced the major leadership restructuring in its security business division, Peregrine Guarding, introducing the newly created key position of CEO and two new Managing Directors.
Peregrine, the group’s oldest and largest business with a 25-year-old history, is employing 74,000 deployment across 2,000 pin-codes, now making it to the list of third largest after G4S and SIS.
Siddharth Dahiya is appointed as the CEO, Peregrine Guarding, India; Ankur Sachdev, Senior Vice President, Peregrine (PAN India) is named as the Managing Director – Peregrine Security, West Region. Brig Tarundeep Kumar, VSM (retd) has now taken the role of Managing Director, Peregrine, North region. Rakesh Tripathie will continue to drive the company’s business and operations beyond the South region as the managing Director, Peregrine South.
The leading private security company now has three Managing Directors to lead the strategic agenda. Major Manjit Rajain, Founder & Global Chairman of Tenon Group of Companies said in a statement, that they expect to launch a Rs 1,000-crore IPO by the financial year of 2023 at a valuation of Rs 4,000 crore when we expect our price to earnings ratio to touch 15 times,”. The company’s vision led the organisation to take the strategic move of expanding its business across pan-India.
Tenon Group, one of the leading integrated security and facilities management companies in India, UK & Singapore. Headquartered in Gurugram, the Group will celebrate its 28th anniversary in March 2023.
Tenon Group announces a smart leadership structure ahead of its 28th Anniversary in March 2023.