An Indian fast-moving consumer goods company and a part of the Tata Group, Tata Consumer Products (TCP) has announced the appointment of Ashish Goenka as Group Chief Financial Officer.
L Krishnakumar retired from Tata Consumer Products on October 31st, 2023. He has contributed to building and strengthening the Finance function over two decades.
L Krishnakumar will continue as Senior Advisor until March 31st, 2024. Ashish will work closely with him over the coming months to enable a seamless transition. He will be based in Mumbai and report to Sunil D’Souza, MD & CEO, Tata Consumer Products.
On the new appointment, Sunil D’Souza, MD & CEO, Tata Consumer Products said “Ashish’s expertise will help us further strengthen and build future capability for the function.
In this role, Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting and providing strategic direction to businesses while developing and delivering annual, mid-term and long-term growth plans for the business.
His role will also encompass responsibilities for Strategy and M&A, Legal, Secretarial & Compliance, Investor Relations & Communications, Internal audit & Risk management functions of the Company.
Ashish brings over 20 years of experience across the Finance function. He is an accomplished Finance Leader in finance and strategy across FMCG, Telecom and Food Service Industry. He has demonstrated ability to drive business strategy and performance through constructive business partnering.
Ashish is an effective communicator and dynamic decision maker. He has consistently exceeds performance expectations through business insights, financial acumen, innovative process improvements and positive change management.
Prior to joining Tata Consumer Products from Jubilant Foodworks Limited, he currently serves as President & CFO. Prior to this, he held senior leadership positions with Hindustan Unilever and Bharti Airtel.
He holds his Master in Business Administration in Finance, International Business from Indian Institute of Foreign Trade and completed his graduation from St. Xavier’s College.