Nykaa appoints P Ganesh as Chief Financial Officer

FSN E-Commerce Ventures Ltd, which runs the fashion and beauty platform Nykaa, announced the appointment of P Ganesh as its Chief Financial Officer, according to ETHRWorld report.

His appointment will be effective on February 3, 2023, the company said in an exchange filing.

Former CFO Arvind Agarwal quit Nykaa in November last year to join PayU, the fintech and payments arm of Dutch investment giant Prosus.

“We are pleased to welcome Ganesh to our leadership team and be part of Nykaa’s growth story that will benefit from his rich financial experience. His knowledge about the Indian financial market and insights into International markets will be valuable in guiding Nykaa’s journey as a leader in beauty and lifestyle omnichannel retail,” said Falguni Nayar, founder and CEO, Nykaa.

Commenting on his appointment, Ganesh said, “I am excited to join team Nykaa and become a part of the remarkable Nykaa growth journey as it expands its presence further by entering new markets, products and geographies. I look forward to leveraging my expertise and contribute to what I believe is an exciting phase in the Nykaa journey as it continues to grow and scale its businesses.”

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