Maruti Suzuki India Limited announced the appointment of Arnab Roy as Chief Financial Officer – Designate of the company, with effect from October 16, 2023.
According to the company’s exchange filing, “In accordance with the applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board in its meeting held today approved the appointment of Mr. Arnab Roy as CFO – Designate w.e.f. 16th October, 2023 and Whole-time CFO of the Company with effect from 01st January, 2024.”
Arnab is a seasoned professional with over 26 years of experience with US, British and French MNCs handling all aspects of Finance & Accounts. He earned his bachelor’s degree in Economics, Statistics and Maths from Ranchi University and further pursued Chartered Accountancy and Cost Accountancy. He also holds an Executive MBA from IIM Bangalore.
During his career, he has successfully handled Mergers & Acquisition and other growth initiatives like Contract Manufacturing, licensing, working with investment bankers on potential acquisition opportunities etc. He has been involved in analysing value chains, designing distributor footprints, evaluating channel partners and deciding on optimum channel strategy, as per the statement.
Since January 2022, He is serving as Zone Chief Financial Officer for Greater India Region covering all Schneider businesses with a business span of around 22,000 crores (~USD 3 billion). He serves as Director in around 12+ Schneider Companies including a listed entity from a governance standpoint and leads a Finance Team of around 200+ people in Greater India Region plus shared services, according to the statement.
He has been serving as Country and Business Unit CFO for last 17 years partnering with the CEO in running the business including evaluating commercial aspers of business decision and regulatory implications. He has in depth working experience in domestic & international taxation and transfer pricing. Along with Finance, he has experience of handling the Sales, HR Admin & IT vertical.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.