Raj Banerji has been appointed as the Chief Financial Officer (CFO) at Apollo Tyres Ltd. He takes over from Sunam Sarkar, who was recently redesignated as the President & Chief Business Officer of the company. Previously, Banerji was with one of India’s largest private companies, where he worked as Chief Financial Officer for the Refining business. Banerji has also had a 20 year career with BP (formerly British Petroleum) in various leadership roles in Oil Exploration, Commodity Trading, Marketing and Refining.
Commenting on Banerji’s appointment, Neeraj Kanwar, Vice Chairman & Managing Director, Apollo Tyres Ltd said, “We are on the cusp of our next phase of growth globally. Having a person like Raj join our global team at this crucial time, with a strong international experience, will provide further impetus to this growth, and at the same time, contribute to the organisation’s overall financial health and stability.”
Banerji will report to Neeraj Kanwar, Vice Chairman & MD. Speaking about his appointment, Raj Banerji, Chief Financial Officer, Apollo Tyres Ltd said, “I have joined a tremendous organisation when it is at an inflection point, poised for expansion on a global platform in an environment which has great opportunity. A key priority is to continously improve internal efficiencies and create greater value for our customers & business partners.”