Tata Consumer Products appoints Ashish Goenka as Group Chief Financial Officer

Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, has announced the appointment of Ashish Goenka as Group Chief Financial Officer. This is in line with the Company's focus on building a future ready organization and strengthening organization capability.

In this role, Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting and providing strategic direction to businesses while developing and delivering annual, mid-term and long-term growth plans for the business. His role   will also encompass responsibilities for Strategy and M&A, Legal, Secretarial & Compliance, Investor Relations & Communications, Internal audit & Risk management functions of the Company. He will be based in Mumbai and report to Sunil D’Souza, MD & CEO, Tata Consumer Products.

Ashish brings over 20 years of experience across the Finance function, joining Tata Consumer Products from Jubilant Foodworks Limited, where he currently serves as President & CFO. Prior to this, he held senior leadership positions with Hindustan Unilever and Bharti Airtel.

On the new appointment, Sunil D’Souza, managing director and chief executive officer, Tata Consumer Products said, “We are excited to welcome Ashish to the leadership team at Tata Consumer Products.  A strong Integrated Finance function aligned with the company’s strategic objectives will be critical in enabling Tata Consumer’s journey to becoming a best-in-class FMCG company. Ashish’s expertise will help us further strengthen and build future capability for the function."

"We would like to thank L Krishnakumar, who retired from Tata Consumer Products on October 31st, 2023, for contributing to building and strengthening the Finance function over two decades. He has played a key role in the transformation journey of this company over the years from a single-category, single-country tea player to the current large, multi-country, multi-category F&B-focused FMCG player. He will continue as Senior Advisor until March 31st, 2024.  Ashish will work closely with him over the coming months to enable a seamless transition.”