Bata India appoints Vidhya Srinivasan as Director Finance and CFO; Stock rises 2%
India Infoline News Service |
10 Jun, 2021 |
Bata India has informed that the Board of Directors has made some changes to the panel. They have announced the appointment of Vidhya Srinivasan as a Director Finance and CFO (KMP) (Whole-time Director) of the Company, liable to retire by rotation, for a period of 5 consecutive years with immediate effect.
Also, the appointment of Radha Rajappa as an Independent Director of the Company, for a term of 5 consecutive years with immediate effect.
Vidhya Srinivasan is a qualified Chartered Accountant and also holds a PGBDM degree from IIM - Ahmedabad. She had joined Bata India Limited as CFO during January 2021 from Puma Sports India Pvt. Ltd. where she was working as Executive Director - Finance, Legal and IT and CFO.
She has over 23 years of experience in Finance, Strategy, Business Planning, Legal and Commercial Functions. She has worked with reputed organizations like Aditya Birla Retail Limited, Glenmark Pharmaceuticals Limited, Kearney, etc. at various positions including CFO.
Radha Rajappa is an entrepreneurial business leader with more than 29 years of experience in IT industry handling diverse roles of creating, nurturing and leading businesses from start and scaling existing businesses. She has successfully built and passionately led various businesses in Digital Transformation and IT products and services.
She is an ardent believer of building and nurturing high performance teams and excited about carving business opportunities with leading edge Digital, AI and Cloud technologies. She currently serves as the Executive Chairperson of Flutura Decision Sciences and Analytics, an Industrial AI firm.
Earlier, she was leading Digital and Services business at Microsoft India. She was a member of the India Leadership team driving the transformation for customers to the Cloud and Digital world. She has served for 16 years as a key member of the Executive Leadership team at Mindtree.
She was responsible for building and leading the Global Digital Business as the Executive Vice President and established Mindtree as a significant partner for Global clients to â€œMake Digital Realâ€ for their businesses. Led Mindtreeâ€™s move to Industry led vertical focus as the leader for Retail, CPG and Manufacturing industry as well as Travel, Transportation and Hospitality. Ms. Radha is also a Certified Executive Coach helping professionals sharpen their innate potential to deal with the change and realise their true potential.
She has also served in IBM India in various capacities and in diverse roles encompassing Sales, Marketing and being responsible for various business lines. She holds degree in Electronics and Communications Engineering and a management degree from the Indian Institute of Management (IIM) Bangalore.
On Thursday morning trade, Bata India was trading at Rs1,593 per share higher by Rs35.30 or 2.27% on Sensex.