Vikram Qanungo has been reappointed as the Chief Financial Officer at Bira 91, marking his return to the company during a critical period of financial realignment and leadership restructuring. His comeback comes as Bira 91 grapples with investor repayment delays and sharpens its focus on fiscal discipline and operational stability.
“His appointment comes at a crucial juncture as the company faces investor repayment delays and prepares for tighter fiscal discipline,” highlighting the significance of this leadership move.
Qanungo is no stranger to Bira 91, having previously served as CFO between 2015 and 2018. During his earlier tenure, he played a key role in raising over $150 million in equity, spearheaded the company’s international expansion, and led the implementation of SAP ECC 6.0, a major enterprise resource planning system. His deep understanding of the company’s operations and growth trajectory makes him well-suited to lead its financial strategy through the current challenges.
Since his initial stint at Bira 91, Vikram has held several strategic finance roles, including CFO at Chakr Innovation, Co-founder and CFO at Grotto, and Group CFO at Apeejay Surrendra Group. Across these organizations, he has built a strong reputation for delivering cost efficiency, driving financial transformation, and leading high-impact growth initiatives.
“His return is expected to help Bira 91 navigate its current liquidity stress with strategic financial leadership and renewed investor confidence, given his proven ability to execute high-stakes restructurings and optimize financial frameworks in dynamic, fast-scaling environments,” the company noted.
Bira 91 is currently at a pivotal stage, aiming to realign its business model, optimize cash flow, and restore investor trust. Vikram’s reappointment is seen as a strategic move to steady the company’s financial course, strengthen governance, and prepare it for long-term sustainability.
With Qanungo back at the helm of finance, Bira 91 is betting on his expertise to streamline financial operations and restore fiscal health, ensuring the craft beer brand can weather current headwinds and position itself for future growth.
