Aditya Birla Fashion rejigs top management, Ashish Dikshit named MD, Jagdish Bajaj CFO

By

Maverick Martins

Published
Jan 10, 2018

​Aditya Birla Fashion and Retail Ltd (ABFRL) has rejigged its top management by making two key appointments by naming Ashish Dikshit the business head of its Madura Fashion and Lifestyle division as its new Managing Director and Jagdish Bajaj as the Chief Financial Officer.

The CFO’s post was left vacant following the resignation of S. Visvanathan who has put in his papers to pursue a career elsewhere while its current MD Pranab Barua is expected to step down with effect from January 31, the company said in a Bombay Stock Exchange filing.
 
However, Barua will continue to be a part of the company as he has been appointed as an additional director on the board.

Ashish Dikshit has an experience of over 24 years in diverse roles across industries and functions. He has been with the Aditya Birla group for over 18 years. Jagdish Bajaj is a chartered accountant with over 30 years of experience in finance, accounts and taxation. Bajaj has been with the Aditya Birla group for over two decades, prior to that he was the CFO of Swiss Singapore Overseas Enterprises.
 
ABFRL last month had appointed Sangeeta Pendurkar as the Chief Executive Officer (CEO) of its Pantaloons Division.  ABFRL altogether hosts India's largest fashion network with over 7000 points of sale across over 375 cities and towns, which include more than 2,000 exclusive ABFRL brand outlets.