Bajaj Electricals appoints Devika Sachdev

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Bajaj Electricals, one of India’s leading consumer electrical equipment companies, has announced the appointment of Devika Sachdev as its new Chief Financial Officer (CFO). Devika Sachdev brings with her over 25 years of experience in finance, strategy, and corporate planning, having worked with companies such as Siemens, ABB, and Honeywell in the past.

In her new role, Sachdev will be responsible for leading Bajaj Electricals’ finance function, driving the company’s financial strategy, and ensuring strong corporate governance practices. She will also be instrumental in supporting the company’s growth plans, which include expanding its product portfolio and strengthening its distribution network.

Commenting on the appointment, Shekhar Bajaj, Chairman and Managing Director of Bajaj Electricals, said, “We are delighted to welcome Devika Sachdev to our leadership team. Her extensive experience in finance and strategy, coupled with her strong leadership skills, make her an ideal fit for Bajaj Electricals. We are confident that she will help us take our financial performance to the next level and support our growth plans.”

Devika Sachdev, on her appointment, said, “I am excited to join Bajaj Electricals and look forward to contributing to its continued success. With its strong brand equity, diversified product portfolio, and robust distribution network, Bajaj Electricals is well-positioned for growth, and I am eager to be a part of its journey.”

Bajaj Electricals has been in the business for over 80 years and has a presence in various segments, including appliances, fans, lighting, and engineering and projects. The company has been focusing on expanding its product portfolio and distribution network in recent years and aims to strengthen its market position in the coming years. The appointment of Devika Sachdev as CFO is expected to play a crucial role in achieving these goals.

Staff Reporter