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Vikram Goel appointed chief business officer at Mahindra Lifespaces

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MUMBAI: Vikram Goel has been appointed chief business officer at Mahindra Lifespace Developers Ltd, the company announced yesterday.

Goel joins the real estate arm of the Mahindra group after nearly two years at HDFC Bank, where he served as senior vice president for realty business finance. He will focus on integrated cities and industrial clusters in his new role at the Mumbai-based developer.

With over two decades of experience in the property sector, Goel previously held key positions at HDFC Limited as head of the special situations group for construction finance. His career includes a stint as chief executive of Quikr Realty Ltd and an eight-year tenure at HDFC Realty, where he rose to become CEO.

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Goel also brings international experience, having previously managed HDFC’s mortgage business across nine locations in the Middle East, including the UAE, Qatar, Oman, Kuwait and Saudi Arabia.

The appointment comes as Mahindra Lifespaces continues to strengthen its position in the industrial real estate market.

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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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