27/08/2024 | Press release | Distributed by Public on 27/08/2024 00:12
FREMONT, Calif. -- Ohmium International, a leading green hydrogen company that designs, manufactures and deploys advanced Proton Exchange Membrane (PEM) electrolyzer solutions, is pleased to announce the appointment of Enakshi Singh as the company's new Chief Financial Officer (CFO). With a distinguished career spanning over two decades, Singh brings a wealth of experience in strategic finance, capital raising, and M&A across high-tech manufacturing to her new role at Ohmium.
Prior to joining Ohmium, Singh served as CFO at Zymergen, a publicly listed pioneering biotech company. During her tenure, she led Zymergen through multiple rounds of private financing and a successful IPO. Singh built a top tier finance team and laid the foundation for rapid managerial decision making and transparency on resource and capital allocation. Singh also managed investor relations, acquisitions and integrations, and eventually facilitated Zymergen's sale to Ginkgo Bioworks.
Previously, Singh was SVP, Asset Management at Mubadala Development Company in Abu Dhabi, one of the largest sovereign wealth funds in the world. At Mubadala, she led complex semiconductor investments and was integral to the growth and scaling of Global Foundries, one of the world's largest semiconductor chip manufacturers. Her experience in high-tech manufacturing and investment management is marked by significant achievements in operational efficiency and financial planning.
Singh's career began in investment banking, where she focused on the technology sector. As VP of Technology Investment Banking at Merrill Lynch and an analyst for Latin America Investment Banking at Citi, she advised on numerous M&A deals and capital raising initiatives for large public and late-stage private companies. She holds a B.A. in Economics from Cornell University and an M.B.A. from the MIT Sloan School of Management.
"I am thrilled to join Ohmium," said Singh. "The company's commitment to advancing hydrogen technology aligns with my passion for energy transition. I am impressed by Ohmium's cutting-edge technology and the strength of its team. I look forward to contributing to Ohmium's mission and leveraging my experience to drive the company's success."
Singh's diverse background, global experience, and strategic insight make her a valuable addition to Ohmium as the company continues to lead in the hydrogen energy sector. Her extensive experience in high-tech industries and her proven track record of leading companies through transformative growth phases will be instrumental as Ohmium continues to drive commercial scale and expand its global footprint.
Ohmium designs, manufactures and deploys hyper modular, scalable proton exchange membrane (PEM) electrolyzers that enable cost-competitive green hydrogen production. The company's suite of electrochemical products helps customers achieve their sustainable energy goals for industrial, transportation, and energy projects. Headquartered in the United States, with manufacturing facilities in India and operations worldwide, Ohmium has a global green hydrogen project pipeline of more than 2 GW across three continents. In 2023, Ohmium raised $250 Million in Series C financing, led by TPG Rise Climate. For more information, please visit www.ohmium.com.