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ITC’s Kurush Grant is new chairman of ISA

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MUMBAI: ITC Limited executive director Kurush Grant has been elected as the chairman of the Indian Society of Advertisers (ISA) at a meeting held on 11 September.

ISA is the only national body of advertisers and its members from across industries contribute to over two-thirds of India‘s national non-governmental advertisement spends.

The other office bearers of ISA are Bharat Bambawale (Bharti Airtel) is vice-chairman-north, N. Srikumar (IOCL) is vice chairman-west, Ajoy Chawla (Titan Industries) is vice chairman-south, Paulomi Dhawan (Landmarc Leisure) is honorary treasurer and Hemant Bakshi (HUL) is chairman of the media committee.

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The other members of the executive council are — Bharat V. Patel (Yes Bank), Rajiv Dube (Aditya Birla), Narendra Ambwani (Agro Tech Foods), Chandramouli Venkatesan, (Cadbury India), Sameer Satpathy (Marico Limited), Chandrasekar Radhakrishnan (Nestle India), R. Ramakrishnan (Polycab Wires), Brahm Vasudeva (Hawkins Cookers), Kainaz Gazder (Procter & Gamble Hygiene and Health Care), J. C. Chopra (Infogain India), Harish Bhat (Tata Global Beverages) and Anil Chugh (Wipro – Consumer Care and Lighting Division).

Grant said he looked forward to next year being more interesting. He hoped the formation of BARC (Broadcast Audience Research Council) and other initiatives would be taken forward as appropriate and saw continuous opportunities for working together in the executive council and with ISA members.

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Brands

Safex Group appoints Richa Malhotra as group chief financial officer

Former Standard Chartered executive to steer finance

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NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.

In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.

A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.

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Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.

Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.

Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.

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The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.

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