Who’s Tejas Mehta, Vodafone Thought’s new CFO from October 6

Vodafone Thought Ltd has appointed Tejas Mehta as its new Chief Monetary Officer (CFO), efficient October 6, marking one other key change within the firm’s high administration. He’ll succeed Murthy GVAS, whose tenure ends on October 5, the telecom operator stated in a regulatory submitting on Friday.

A chartered accountant by coaching, Tejas Mehta has held senior roles in finance and technique on the shopper items agency’s operations in India and abroad. Mehta strikes to Vodafone Thought from Mondelez India, the place he served as Finance Head. 

Individuals acquainted with the corporate’s pondering stated the appointment alerts Vodafone Thought’s concentrate on strengthening its monetary administration because it continues efforts to stabilise operations and rebuild market confidence.

That is the second main management change in current months. In August, Abhijit Kishore was appointed Chief Govt Officer after the completion of Akshaya Moondra’s time period.

The corporate has been within the midst of a protracted restructuring course of as it really works to enhance service high quality, develop community capability and appeal to new funding. Vodafone Thought, collectively promoted by the Aditya Birla Group and the Vodafone Group, stays centered on strengthening its stability sheet and increasing digital companies. The corporate has stated it goals to enhance buyer expertise and maintain investments in expertise as a part of its subsequent section of consolidation.