JSW appoints Swayam Saurabh as the Chief Financial Officer designate. The appointment was approved by the board today. The appointment to the CFO office is not yet industed.
As per the regulatory filing of the company, “Swayam will transition into the role of Chief Financial Officer in due course.”
He will take over from Rajeev Pai who is currently the CFO of JSW Steel.
The 45 year old Saurabh has more than two decades of experience. He joins JSW Steel from Arvind Limited where he worked as the CFO. In his previous stints he has worked in senior leadership roles at Royal Philips, Hindustan Zinc, Ola, Asian Paints and Larsen & Toubro.
In April 2023, Seshagiri Rao stepped down from the board of JSW Group on superannuation, as per the regulatory filing in April 2023. He continued to be associated with the group in an advisory role and was the ‘Group CFO’ till May 5 2023. The Board elevated Jayant Acharya as the Joint Managing Director & CEO of the Company with effect from May 19, 2023 in his place.