The Board of Directors of Britannia Industries has promoted N. Venkataraman to the position of Deputy Managing Director of the company. This transition will take effect on October 1st and will last until July 29, 2030.
In this regard, N. Venkataraman will cease his duties as Chief Financial Officer of the biscuit company but will retain the status of a permanent director and key managerial personnel of the company.
According to the report, he will be responsible for functions in finance, strategy, legal matters, secretarial services, and information technology. He will collaborate with Rakshit Hargave, the Chief Executive Officer and Managing Director, to advance the company's transformation program.
Furthermore, Ramamurthy Jayaraman, who previously held the position of Vice President of Corporate Finance, has been appointed as Chief Financial Officer and key managerial personnel of Britannia Industries starting October 1st. He will lead the entire financial function, which includes financial planning and analysis, taxation, treasury, general services, and commercial business.