NIRAJ KUMAR TO TAKE CHARGE AS CFO AND CRO AT BOMBAY DYEING

Niraj Kumar will assume the dual role of Chief Financial Officer and Chief Risk Officer at Bombay Dyeing from March 31, 2026. Bringing extensive experience across finance and risk, he is set to strengthen governance, enhance financial strategy, and support long-term stability and growth at the company.

Niraj Kumar is set to step into a pivotal leadership role at Bombay Dyeing, taking on the combined responsibilities of Chief Financial Officer and Chief Risk Officer from March 31, 2026. The appointment signals the company’s strategic focus on integrating financial oversight with risk governance to drive resilience and sustainable growth.

In his dual capacity, Kumar will be tasked with steering the organisation’s financial strategy while simultaneously strengthening its risk management framework and governance processes. The move reflects a growing trend among large corporations to align financial planning closely with enterprise risk considerations, particularly in an increasingly complex business environment.

Kumar joins Bombay Dyeing with a wealth of experience spanning finance, risk management, and business transformation. He currently serves as Finance Controller at Adani Airport Holdings Ltd, where he has been instrumental in overseeing financial operations within one of India’s rapidly expanding airport infrastructure businesses. His role there has involved navigating large-scale financial planning and ensuring operational efficiency across a dynamic portfolio.

Prior to this, Kumar held Chief Financial Officer positions at Mumbai Travel Retail and Go First, experiences that further broadened his exposure to diverse sectors and complex financial ecosystems. His tenure in these roles sharpened his capabilities in financial restructuring, cost optimisation, and strategic planning—skills that are expected to prove critical in his new position.

Earlier in his career, Kumar spent more than a decade with Vodafone, where he held multiple finance leadership roles. This period allowed him to build a strong foundation in financial operations within a global corporate framework, gaining insights into managing scale, compliance, and performance in highly competitive markets. He also worked with EY, adding consulting experience to his portfolio and deepening his expertise in audit, compliance, and enterprise risk management.

At Bombay Dyeing, Kumar’s appointment comes at a time when businesses are increasingly required to balance growth ambitions with robust governance and risk mitigation strategies. His combined role underscores the company’s intent to bring a more integrated approach to decision-making, where financial discipline and risk awareness go hand in hand.

With a track record that spans multiple industries and leadership roles, Kumar is expected to play a crucial role in reinforcing Bombay Dyeing’s financial health while enabling it to navigate uncertainties and seize new opportunities. His leadership is likely to contribute to shaping a more agile and resilient organisation, aligned with the evolving demands of the market.