Suman Hegde is appointed CFO of Jubilant FoodWorks

19 Dec 2023 , 02:06 PM

With effect from March 1, 2024, Suman Hegde has been appointed as Executive Vice President and Chief Financial Officer of Jubilant FoodWorks Limited, the largest foodservice company in India.

Suman offers more than 20 years of expertise in a variety of finance department leadership roles. She will be leaving Hindustan Unilever Limited, where she is Vice President Finance for South Asia’s Beauty, Wellbeing, and Personal Care division, to join Jubilant FoodWorks. She has led several crucial departments, including Controllership, Business Partnering, Procurement, Mergers and Acquisitions, and Investor Relations, during her numerous positions at Hindustan Unilever and Unilever Europe B.V.

‘I am delighted to have Suman lead the finance function at JFL,’ stated Sameer Khetarpal, CEO & MD of Jubilant FoodWorks Limited, in response to the announcement. She brings to the table a wealth of expertise in customer-first thinking, as well as the capacity to collaborate with companies and manage productive teams. The hiring is in keeping with the company’s strategic goal of establishing a strong yet varied People and Culture basis. Additionally, I want to express my gratitude to Ashish for his outstanding work for the company and for growing the finance division while he was there.

Suman Hegde is Vice President Finance, Beauty & Personal Care, South Asia at Hindustan Unilever Limited. She holds an MBA from the Jamnalal Bajaj Institute of Management Studies in Mumbai and has worked with Unilever in both India and Europe for more than 20 years. She is a chartered accountant. She has experience in controllership, business partnership, procurement, mergers and acquisitions, and investor relations, among other areas of the finance industry. According to the statement, her professional background is rooted in developing organisational structures to enable positive business impact, working with stakeholders to accelerate performance, and having a keen knowledge of business strategy.

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