Tata Consumer Products
has appointed
Ashish Goenka
as Group Chief Financial Officer. Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting. He brings over 20 years of experience in the Finance function and joins
Tata Consumer Products
from
Jubilant Foodworks Limited
. L Krishnakumar, who retired from
Tata Consumer Products
, will continue as Senior Advisor until
March 31st, 2024
. Ashish will work closely with L Krishnakumar to ensure a seamless transition.
Key Highlights:
* Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting
* Ashish brings over 20 years of experience across the Finance function, joining
Tata Consumer Products
from
Jubilant Foodworks Limited
, where he currently serves as President & CFO
* L Krishnakumar retired from
Tata Consumer Products
on
October 31st, 2023
, after contributing to building and strengthening the Finance function over two decades
Original Press Release:
Dec. 1
--
Tata Consumer Products
issued the following news release:
Tata Consumer Products
(TCP), the consumer products company uniting the principal food and beverage interests of the
Tata Group
under one umbrella, has announced the appointment of
Ashish Goenka
as Group Chief Financial Officer. This is in line with the Company's focus on building a future ready organization and strengthening organization capability.
In this role, Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting and providing strategic direction to businesses while developing and delivering annual, mid-term and long-term growth plans for the business. His role will also encompass responsibilities for Strategy and M&A, Legal, Secretarial & Compliance, Investor Relations
& Communications
, Internal audit & Risk management functions of the Company. He will be based in
Mumbai
and report to Sunil D’Souza, MD & CEO,
Tata Consumer Products
.
Ashish brings over 20 years of experience across the Finance function, joining
Tata Consumer Products
from
Jubilant Foodworks Limited
, where he currently serves as President & CFO. Prior to this, he held senior leadership positions with
Hindustan Unilever
and Bharti Airtel.
On the new appointment, Sunil D’Souza, MD & CEO,
Tata Consumer Products
said “We are excited to welcome Ashish to the leadership team at
Tata Consumer Products
. A strong Integrated Finance function aligned with the company’s strategic objectives will be critical in enabling Tata Consumer’s journey to becoming a best in class FMCG company. Ashish’s expertise will help us further strengthen and build future capability for the function.
We would like to thank L Krishnakumar who retired from
Tata Consumer Products
on
October 31st, 2023
, for his contributions to building and strengthening the Finance function over two decades. He has played a key role in the transformation journey of this company over the years from a single category, single country tea player to the current large multi- country, multi -category F&B focused FMCG player. He will continue as Senior Advisor until
March 31st, 2024
. Ashish will work closely with him over the coming months to enable a seamless transition.”
About
Tata Consumer Products Limited
Tata Consumer Products Limited
is a focused consumer products company uniting the principal food and beverage interests of the
Tata Group
under one umbrella. The Company’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals.
Tata Consumer Products
is the 2nd largest branded tea company in the world. Its key beverage brands include Tata Tea, Tetley, Eight O’Clock Coffee,
Tata Coffee Grand
, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+. Its foods portfolio includes brands such as
Tata Salt
, Tata Sampann and Tata Soulfull. In India,
Tata Consumer Products
has a reach of over 201 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products. The Company has a consolidated annual turnover of
~Rs. 13,783
Crs with operations in
India
and International markets.
[Category: Specialty Retail, Professional Services, Household & Personal Products, Management Changes]
Source:
Tata Consumer Products
