Torrent Power names Lalit Malik as new CFO

Torrent Power

Torrent Power has appointed Lalit Malik as its new Chief Financial Officer. The appointment will come into effect from May 1, 2021. The decision was taken at a board meeting last week, as per the company ‘s filling.

Current CFO Sanjay Dalal will be retiring from the position on April 30, 2021, it added.

Malik holds with more than three decades of experience in financial planning and strategy, accounting under USGAAP, IFRS & Indian GAAP, corporate restructuring, mergers, takeovers, treasury, tax planning & execution, budgeting, corporate governance, risk management, regulatory and compliances etc.

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Prior to this appointment, Malik was associated with Dabur India since 2012 as CFO. He held severe; leadership roles across organisations namely Moser Baer India, American Express (India), Proctor & Gamble, Gillette India, and Philips India.