Britannia names Venkataraman deputy MD, Jayaraman CFO
In short
Britannia has made two senior job changes. N Venkataraman is being elevated to deputy managing director, and Ramamurthy Jayaraman will become chief financial officer from October 1.
This matters because it changes who runs key finance and strategy functions at Britannia. The report does not say why the company made the moves or whether there will be any other leadership changes.
What the reporting says
Britannia has elevated N Venkataraman to deputy managing director and named Ramamurthy Jayaraman as chief financial officer, with Jayaraman to take over from October 1. A Business Standard summary says Venkataraman will oversee finance, strategy, legal, secretarial and IT functions, while BusinessLine says he is currently CFO and Jayaraman has been with Britannia for 15 years. The immediate consequence is a senior management reshuffle; the reporting does not say why the changes were made.
Why it matters
Britannia has elevated N Venkataraman to deputy managing director and named Ramamurthy Jayaraman as CFO, with the finance change effective October 1, according to publisher summaries. Venkataraman will oversee finance, strategy, legal, secretarial and IT functions. The reporting also notes Jayaraman is currently vice-president of corporate finance and has been with Britannia for 15 years, but it does not explain the reason for the reshuffle.