New Delhi: Greaves cotton, a diversified engineering and heavy equipment making company, has appointed Dalpat Jain as the Group Chief Financial Officer (CFO) of the company with effect from 10th February, 2021.
He will be a key managerial personnel in addition to the Managing Director & Group CEO, Executive Director and Company Secretary authorised earlier, the company said in a regulatory filing.
Jain is a Chartered Accountant with post-qualification experience of over 16 years, who was earlier associated with reputed organizations across sectors with expertise in managing finance, investor relations, fund raising, driving M&A engagements (domestic and foreign) and handling business restructuring.
He was previously associated with organisations like Vedant Fashion Private Limited, Entertainment Network India Limited (Times of India Group), Morgan Stanley, etc.
Additionally, the company appointed Kewal Handa as an Independent Director of the Company for a second term for a period of five years with effect from 6th May, 2021.
Former Managing Director of Pfizer Limited and former Non-Executive Chairman of Union Bank of India, Handa is a qualified Management Accountant, Company Secretary, has a Masters Degree in Commerce, completed the Pfizer Leadership Development Program from Harvard University and the Senior Management Development Program from IIM, Ahmadabad.
Presently, he is also on the Board of some other companies like Clariant Chemicals (India) Private Limited, Mukta Arts Limited, Borosil Limited, R M Drip and Sprinklers Limited, etc.