• Sky Solar Holdings has terminated the services of its CFO Sanjay Shrestha with immediate effect
  • He had been with the company since April 2015 and was appointed as the CFO in September 2018; no reason was given by the management for his termination
  • Julie Zhu has been brought on board as the acting CFO of the company

Again a top executive is being replaced at Solar Holdings Ltd., the Chinese solar power project developer and operator. In a very brief statement the company announced the immediate departure of its Chief Financial Officer (CFO), Sanjay Shrestha.

His services have been terminated and he has been replaced by Julie Zhu as the acting CFO of the company. The management gave no reason whatsoever for Shrestha’s termination.

Shrestha had been with Sky Solar since April 2015 when he joined as the president of Sky Capital America Inc. After the then CFO Andrew Wang put in his papers in September 2018, the company’s Chief Investment Officer (CIO) Shrestha was put in charge as the CFO of Sky Solar. He also replaced Wang on the board (see Sanjay Shrestha New CFO At Sky Solar).

Previously, in June 2017, CEO Weili Su was let go and replaced by Hao Wu (see Sky Solar Replaces CEO Weili Su).