MAM
Raymond onboards Sunil Kataria as CEO of lifestyle business
Mumbai: Raymond on Wednesday announced the onboarding of Sunil Kataria as CEO of lifestyle business. This new appointment comes at a critical juncture in Raymond’s journey as the fashion apparel space sees numerous international labels entering the Indian market, the company said.
In his new role, Kataria will be responsible for steering the next phase of growth by driving the digital agenda and strengthening the brand’s presence in domestic and international markets.
“At Raymond, we believe in having industry’s finest talent that resonates with our vision to create a ‘future ready’ organisation,” said Raymond Ltd chairman and managing director Gautam Hari Singhania. “During the last few years, we have been making stronger strides and creating brands and retail experiences for our loyal and new-age consumers. I would like to welcome Sunil to the Raymond family and believe that he would be instrumental in accelerating growth for the business in India and international markets.”
The lifestyle business is the flagship vertical of Raymond Group which includes branded textiles, garmenting, shirting, retail and apparel business including brands such as – Raymond, Raymond Ready-to-Wear, Raymond Made to Measure, Park Avenue, ColorPlus, Parx and Ethnix by Raymond.
During his earlier stint as the CEO of Godrej Consumer Products Ltd, Kataria managed the business operations of India and South East Asia. He spearheaded the transformation of the business – driving performance and best in class financial results and building a great workplace. With a rich experience spanning over three decades, he has worked with eminent names such as Marico and Idea Cellular. Currently, he also serves as the chairman of The Indian Society of Advertisers (ISA).
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
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.
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.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
