Raj Banerji appointed as CFO

Raj Banerji appointed as CFO

Raj Banerji appointed as Chief Financial Officer at Apollo Tyres Ltd takes over from Sunam Sarkar, who was redesignated as Chief Business Officer

February 10, 2015

Raj Banerji has been appointed as the Chief Financial Officer (CFO) at Apollo Tyres Ltd. He takes over from Sunam Sarkar, who was recently redesignated as the President & Chief Business Officer.

Commenting on Raj’s appointment, Neeraj Kanwar, Vice Chairman & Managing Director, Apollo Tyres Ltd said, “We are on the cusp of our next phase of growth globally. Having a person like Raj join our global team at this crucial time, with a strong international experience, will provide further impetus to this growth, and at the same time, contribute to the organisation’s overall financial health and stability.”

Raj’s last assignment was with one of India’s largest private companies, where he worked as Chief Financial Officer for the Refining business,. Prior to that, he had a 20 year career with BP (formerly British Petroleum) in various leadership roles in Oil Exploration, Commodity Trading, Marketing and Refining. With a total of 24 years of working experience in Europe, Middle East, and Asia, Raj has handled key functions such as Investor Relations, Corporate Finance, Planning & Performance Management & Risk Management.

Raj will report to Neeraj Kanwar, Vice Chairman & MD. Speaking about his appointment,Raj Banerji, Chief Financial Officer, Apollo Tyres Ltd said, “I have joined a tremendous organisation when it is at an inflection point, poised for expansion on a global platform in an environment which has great opportunity. A key priority is to continously improve internal efficiencies and create greater value for our customers & business partners.”