Nykaa names P Ganesh as new chief financial officer

By

Isabelle Crossley

Published
Jan 25, 2023

Omni-channel beauty retailer Nykaa has named P Ganesh as its new chief financial officer. Ganesh will step into his new role on February 3. 

“We are pleased to welcome Ganesh to our leadership team and be part of Nykaa’s growth story that will benefit from his rich financial experience,” said Nykaa’s CEO and founder Falguni Nayar, ET Retail reported. “His knowledge about the Indian financial market and insights into international markets will be valuable in guiding Nykaa’s journey as a leader in beauty and lifestyle omni-channel retail.” 
 
Ganesh will join Nykaa from the Tafe Group, a business which manufactures and markets tractors in India. The role of chief financial officer at Nykaa was previously held by Arvind Agarwal who left the business in November, 2022 to work for Dutch investment business Prosus’ fintech and payments arm PayU. 

“I am excited to join team Nykaa and become part of the remarkable Nykaa growth journey as it expands its presence further by entering new markets, products, and geographies,” said Ganesh. “I look forward to leveraging my expertise and contribute to what I belueve is an exciting phase in the Nykaa journey as it continues to grow and scale its businesses.”