Tata group’s Voltas appoints Jitender Verma as Chief Financial Officer

Voltas, a consumer durables major, part of Tata Group has announced the appointment of Jitender P Verma as Chief Financial Officer (CFO).

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Jitender, who was the Senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who has decided to separate from the services of the company due to personal commitments, Voltas said in a regulatory filing.

His appointment is effective from today, july 19, 2021, it added.

With over three decades of experience in organisations ranging from Asian conglomerates to American and European multinationals, Verma has worked in diversified manufacturing sectors, FMCG – food, agro, retail, electronics, and infrastructure, the company said.

He was also Executive Director and Group CFO of Jindal Stainless Ltd.

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His expertise is “in the area of business strategy and planning, merger and acquisitions, P&L enhancement, restructuring, JV and strategic deals”, the filing added.

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Voltas Limited is an Indian multinational home appliances company specialising in air conditioning and cooling technology. The company was incorporated on 6 September 1954 in Mumbai, as a collaboration between Tata Sons and Volkart Brothers.

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