Apollo Tyres appoints Gaurav Kumar as CFO

Gaurav Kumar has been elevated to the role of Chief Financial Officer at Apollo Tyres Ltd. Prior to this, he was associated with the company as the Group Head of Corporate Strategy and Finance. Gaurav will be based out of the tyre maker’s headquarters in Gurgaon, India and will oversee global accounts, finance, taxation and investor relations for the company.

Commenting on Gaurav’s elevation, Neeraj Kanwar, vice-chairman and MD, Apollo Tyres, said, “Gaurav has been a key member of our strategy team and has played a leading role in numerous projects that have had a significant impact on the company’s revenue and profitability. Given his strong track record, within and

outside of Apollo Tyres, we believe that he is the right fit for the role of chief financial officer for the company.”

The company’s press note says  Gaurav Kumar joined Apollo Tyres as head, Corporate Strategy in 2004 and played a key role in the company’s global growth strategy – right from entry into South Africa in 2006 to acquisition of the Netherlands-based Vredestein Banden in 2009, to the most recent Hungary greenfield facility. In 2010, Kumar was nominated to the company's management board. Before joining Apollo Tyres, Gaurav was associated with HCL Technologies, SRF and the UB Group.