Britannia rejigs top management

Bengaluru: Britannia Industries has rejigged its top management, elevating chief financial officer N Venkataraman as deputy managing director and naming Ramamurthy Jayaraman as the company’s new CFO, with both changes effective October 1.Venkataraman, currently executive director and CFO, will continue as a whole-time director and key managerial personnel after taking over as deputy MD. He will cease to be CFO from October 1.In his expanded role, Venkataraman will oversee finance, strategy, legal, secretarial and IT functions and work with CEO and managing director Rakshit Hargave on Britannia’s transformation agenda, the company said in a stock exchange filing.His appointment will run for the balance of his existing term until July 29, 2030, subject to shareholder approval.Britannia has appointed Jayaraman, currently vice-president of corporate finance, as CFO and key managerial personnel. He will head financial planning and analysis, taxation, treasury, shared services and business commercial functions.Venkataraman has close to four decades of experience and has been with Britannia since April 2007. Before joining the company, he headed finance for the two-wheeler and commercial vehicle businesses of Eicher Motors and began his career at Hindustan Aeronautics Ltd.Jayaraman, a chartered accountant and company secretary, has more than 22 years of experience and has spent the last 15 years at Britannia across finance roles. Before joining Britannia, he worked with PwC and Deloitte.You use AI every day. Now get your AI Quotient. Take the AIQ test.