Grasim Industries Elevates Hemant K. as Chief Financial Officer

Grasim Industries Elevates Hemant K. as Chief Financial Officer

Grasim Industries Limited, part of the Aditya Birla Group, has elevated Hemant K. to the position of Chief Financial Officer (CFO). With more than three decades of experience in corporate finance, strategy, governance, and business transformation, Hemant brings extensive expertise to his new role. His appointment reflects the company’s commitment to strengthening financial leadership as it continues to scale its operations and pursue long-term growth.

Hemant’s association with Grasim Industries spans over two decades. Since 2001, he has served as Senior President, overseeing a wide range of corporate finance functions. These include taxation, financial reporting, internal audit, risk management, governance, and business planning. Over the years, he has been instrumental in reinforcing financial systems, aligning governance frameworks, and enabling business strategies that have contributed significantly to the company’s performance. His elevation to CFO is seen as a natural progression, given his deep involvement in shaping the financial landscape of the organisation.

Prior to joining Grasim, Hemant was with Indian Rayon & Industries Limited between 1994 and 2000. There, he headed marketing finance and logistics, gaining valuable experience in managing operational finance and supporting business functions at scale. This early leadership role helped him build a strong foundation in financial management, which he carried forward into larger and more strategic responsibilities within the Aditya Birla Group.

Throughout his career, Hemant has worked closely with leadership teams to drive sustainable growth, strengthen governance practices, and execute large-scale transformations. His ability to integrate finance with business strategy has positioned him as a trusted advisor within the Group’s leadership ecosystem. Industry observers believe his elevation comes at a crucial juncture, as Grasim continues to expand its footprint across multiple sectors while navigating an evolving business environment.

With his new mandate as CFO, Hemant K. is expected to play a central role in steering Grasim Industries’ financial strategy, ensuring robust governance, and supporting the company’s vision of creating long-term value for stakeholders.

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