Tata Consumer Products Ltd. has announced the appointment of Ashish Goenka as its new Group Chief Financial Officer (CFO), effective from December 18, 2023. Goenka, currently serving as the President & CFO of Jubilant Foodworks Ltd., boasts over two decades of finance experience in the FMCG and telecom sectors, as detailed in a regulatory filing by Tata Consumer Products Ltd.
Having previously worked at Hindustan Unilever Ltd. and Bharti Airtel, Goenka brings a wealth of expertise to his new role. His tenure at Bharti Airtel included serving as EVP & Group Finance Controller, initially joining as CFO for Network Services.
Beginning his career at HUL as a management trainee, Goenka spent 14 years within the Unilever group, advancing through various key roles encompassing General Manager Finance, Sales and Customer Development, Strategy Director (South Asia), and Head of Finance at Unilever International, Singapore.
The appointment of Ashish Goenka as the Group CFO marks a significant move by Tata Consumer Products (TCP), a major player in the FMCG sector. Sunil D’Souza, MD & CEO of Tata Consumer Products, expressed enthusiasm about Goenka joining their leadership team, highlighting the pivotal role of a robust Integrated Finance function aligned with the company’s strategic vision.
In his new capacity, Goenka will oversee the Integrated Finance function, including group accounts & finance, investments, strategy and M&A, legal, internal audit, and risk management for the company, as detailed in the release.
Ashish Goenka will succeed L Krishnakumar, who retired from his role in the Finance function at Tata Consumer Products on October 31st, 2023. Krishnakumar will continue to serve as a Senior Advisor to the company until March 31st, 2024.
