Apar Industries Limited announced the appointment of Ramesh Seshan Iyer as Chief Financial Officer of the company, effective February 3, 2022. He succeeds Vivek C. Diwadkar, who has resigned from the role, with effect from February 2, 2022.
According to the company’s exchange filing, “The Board of Directors of the Company based on the recommendations of Nomination and Compensation-cum Remuneration Committee and Audit Committee have unanimously appointed Mr. Ramesh Seshan lyer as a Chief Financial Officer (CFO) of the Company w.e.f. 3rd February, 2022 who has been appointed to succeed Mr. Diwadkar through a planned transition process.”
Ramesh Iyer is a Chartered Accountant, Cost Accountant and Company Secretary by qualification. He has 22 years of experience in finance domain, the statement said.
Prior to this role, Iyer was working with NITCO Limited as Chief Financial Officer. Prior to that, he worked in consumer division of Godrej Group. His experience spans across various functions within finance, controls, planning, taxation, corporate governance and international business.
Apar Industries Limited (Apar) is engaged in the business of manufacturing of conductors, transformer/specialty oils and power/telecom cables.
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