Britannia names Venkataraman deputy MD, Jayaraman CFO
In short
Britannia Industries said N. Venkataraman will become Deputy Managing Director and Ramamurthy Jayaraman will become CFO from October 1. The change also splits finance duties from Venkataraman’s wider job in strategy, legal, IT and other areas.
This matters because it changes the company’s top management structure. The reporting does not say why Britannia is making the change or whether anything else is being moved.
What the reporting says
Britannia Industries said it will appoint N. Venkataraman as Deputy Managing Director and Ramamurthy Jayaraman as CFO from October 1. The reported move separates finance leadership from Venkataraman’s wider responsibilities across strategy, legal, IT and other functions. The company did not state any additional changes, and the reporting does not say why the rejig is being made.
Why it matters
Britannia Industries announced a senior management reshuffle, naming N. Venkataraman as Deputy Managing Director and Ramamurthy Jayaraman as CFO from October 1. The reported change moves finance leadership away from Venkataraman’s broader portfolio that includes strategy, legal and IT. The reporting does not state whether the change affects operations, investor expectations or why the company made the move.