Britannia names Venkataraman deputy MD and Jayaraman CFO
In short
Britannia Industries has changed its top team. N Venkataraman will become deputy managing director, and Ramamurthy Jayaraman will take over as CFO from October 1.
Venkataraman will oversee finance, strategy, legal, secretarial and IT functions. The reason for the reshuffle is not stated in the available reporting.
What the reporting says
Britannia Industries named N Venkataraman as deputy managing director and said Ramamurthy Jayaraman will become chief financial officer from October 1. The reporting says Venkataraman will oversee finance, strategy, legal, secretarial and IT functions, and that he has been with the company since 2007. The immediate implication is a top-management reshuffle, but the reason for the changes is not stated in the available reporting.
Why it matters
Britannia Industries has announced a top-brass reshuffle, with N Venkataraman set to serve as deputy managing director and Ramamurthy Jayaraman due to become CFO from October 1. The reports say Venkataraman will oversee finance, strategy, legal, secretarial and IT functions, and that he has been with Britannia since 2007. The operational or market impact of the change is not stated.