Varroc Engineering appoints K Mahendra Kumar as Global CFO

Kumar, who has expertise in leadership, risk management, digital transformation and cost reduction, joins Varroc from Tube Investments of India

Autocar Professional BureauBy Autocar Professional Bureau calendar 29 Sep 2022 Views icon4404 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Varroc Engineering appoints K Mahendra Kumar as Global CFO

Global Tier 1 automotive component major Varroc Engineering has announced the appointment of K Mahendra Kumar as the Group’s Chief Financial Officer today. He joins Varroc Group from Tube Investments of India where he was an Executive Vice President and Chief Financial Officer for over five years.

K Mahendra Kumar is a qualified Chartered Accountant from the Institute of Chartered Accountants of India, Cost Accountant from The Institute of Cost Accountants of India and a Management Accountant from the Certified Institute of Management Accountants (CIMA), UK. He started his career with Southern Petrochemical Industries Corporation Ltd and subsequently, worked with Ford India Private Ltd and Vestas India Ltd and worked as Finance Director (India) a Kone Elevator India Private Ltd., Chennai. His last assignment was as an Executive Vice President and Chief Financial Officer of Tube Investments of India.

Speaking about the appointment, Tarang Jain, Managing Director and Chairman, Varroc Engineering, said, “We are pleased to welcome Mahendra to the Varroc family. His proven expertise in leadership, risk management, digital transformation, cost reduction, long-term strategies, debt reduction, stakeholder wealth creation, profitability improvement and M&A amongst others will further enhance the resilience of the continued operations of Varroc. His extensive experience and knowledge of various industries will certainly be beneficial for Varroc. 

“I am extremely delighted to be a part of the Varroc. The opportunity before the company is exciting and I’m looking forward to collaborating with the team,” said K Mahendra Kumar.

 

Tags: Varroc Group
RELATED ARTICLES
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year

auther Autocar Professional Bureau calendar11 Jul 2025

The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...

Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws

auther Autocar Professional Bureau calendar05 Jul 2025

The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...

VinFast’s second plant in Vietnam goes on stream ahead of India factory

auther Autocar Professional Bureau calendar30 Jun 2025

Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...