Mrinalini Srinivasan joins Castrol India as Chief Financial Officer, bringing extensive expertise from her 17-year tenure at P&G India.

Mrinalini Srinivasan has been named Castrol India Ltd.'s new CFO, with effect from July 28. She replaces Deepesh Baxi, who resigned in March to pursue other opportunities. She has worked with P&G India for more than 17 years, holding a number of executive roles in business divisions and geographical areas like Asia, the Middle East, and Africa before joining Castrol.

In order to foster operational discipline and financial soundness across the company, she has managed projects in business forecasting, compliance, commercial finance, and strategic planning. She most recently served as the Hygiene and Health division's Group Controller and CFO at P&G India.

According to Kedar Lele, Managing Director of Castrol India, the finance department is still essential to the company's ongoing modernization of its operations because it provides discipline, adaptability, and support for innovative decision-making. Mrinalini's experience in leading complex business environments and encouraging teamwork will be very beneficial. She brings valuable expertise to the leadership team.

Mrinalini will oversee Castrol India's financial operations in his role as CFO and play a significant role in the leadership group. She will guide risk and governance procedures, guide fiscal planning, and assist with formulating and putting Castrol's strategy into action. Between now and August, Ms. Srinivasan and acting CFO Vishal Thakkar will work together for a long period to ensure a smooth transition.