New CFO joins Tata Power. Seems normal course of business.

On October 28, 2021, Tata Power had informed to appoint Mr Sanjeev Churiwala as new Chief Financial Officer (CFO) to replace Mr Ramesh Subramaniam, who was moving into a new role within the Tata Group.

Key points to note –

  • Sanjeev has joined the company w.e.f January 1, 2022.
  • He has more than 27 years of extensive domain experience. Tatas have hired him from Diageo where he had spent 6 years and was last serving as Regional Finance Director based out of Singapore. He has previously worked with Ambuja Cements, Holcim and ICRA. His detailed profile can be checked here.

Hiring seems to be a typical Tata kind of hiring with solid domain experience to replace an executive moving within the group.

I would consider it to be in normal course of business.

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