Raymond Group has appointed veteran finance executive Rakesh Tiwary as its new Group CFO from December 3, 2025, marking a key leadership shift in the company’s ongoing transformation.
The role transition sees Amit Agarwal relinquish his Group CFO responsibilities and move exclusively to Raymond Lifestyle Ltd.
Tiwary brings deep financial leadership across diverse sectors, having served as CFO at Adani Cement, Adani Airports, Adani Electricity and Adani Solar, and held roles at JSW Steel, Reliance Industries and IOC. He is a Chartered Accountant, Cost Management Accountant and holds an MBA.
The appointment aligns with Raymond’s strategy of sharpening its operational focus. Over the past year, the group has reorganised itself into three specialised, net debt-free listed entities and expanded into high-tech engineering segments, including aerospace and electric mobility components—reflecting its ambitions to build future-forward businesses.
