Indofast Energy Appoints Subhash Bhat as Interim CEO and Elevates Rajat Malhan to Chief Business Officer

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Source: Indofast Energy

June 2026 : Indofast Energy has recently announced two critical executive leadership appointments designed to aggressively scale its operational execution and market presence.

Indofast Energy officially stated "We are pleased to welcome Subhash Bhat as Interim CEO. Currently the CFO at SUN Mobility, Subhash has been appointed as Interim CEO on secondment. We also congratulate Rajat Malhan on his elevation to Chief Business Officer. In this expanded role, Rajat will drive business development and accelerate revenue growth."

Reflecting on a highly decorated 32-year career, Bhat is a deeply accomplished financial alumnus from the University of Mumbai, ICAI, ICSI, ICWA, and an executive management graduate from IIM Bangalore. He brings an expansive portfolio built during leadership roles across various cross-industry giants, including NOCIL, Bharat Shell, SAP India, Marico, Nilgiris, CHEP India, Schneider Electric, Sobha Limited, and SUN Mobility. His operational precision in navigating complex multi-market expansions makes him perfectly suited for Indofast's current upward trajectory.

Bringing his own distinct background to the table, Malhan is an ICFAI Hyderabad alumnus whose corporate journey includes rigorous research and management roles at Frost & Sullivan, McKinsey & Co, Moser Baer Projects, and SUN Group, prior to serving as Senior Vice President at Indofast. With this dual-leadership team locked into place, Indofast Energy is fundamentally well-positioned to accelerate both revenue and critical asset deployments.