Maruti Suzuki India approves appointment of Arnab Roy as CFO designate

Maruti Suzuki India has approved the appointment of Arnab Roy as CFO designate, with effect from 16 October, 2023 and Whole time CFO, with effect from 1 January 2024. 

Roy will succeed Ajay Seth, who shall be superannuating from the post of Whole-time CFO of the Company, with effect from the close of business hours of 31 December 2023. Thereafter, he shall continue to be a member of the Executive Board. 

Arnab is a seasoned professional with over 26 years of experience with US, British and French MNCs handling all aspects of Finance & Accounts. He earned his bachelor’s degree in Economics, Statistics and Maths from Ranchi University and further pursued Chartered Accountancy and Cost Accountancy.

He also holds an Executive MBA from IIM Bangalore. During his career, he has successfully handled Mergers & Acquisition and other growth initiatives like Contract Manufacturing, licensing, working with investment bankers on potential acquisition opportunities etc. He has been involved in analysing value chains, designing distributor footprints, evaluating channel partners and deciding on optimum channel strategy. Since January 2022, He is serving as Zone Chief Financial Officer for Greater India Region covering all Schneider businesses. 

He has been serving as Country and Business Unit CFO for last 17 years partnering with the CEO in running the business including evaluating commercial aspers of business decision and regulatory implications. He has in depth working experience in domestic & international taxation and transfer pricing. Along with Finance, he has experience of handling the Sales, HR Admin and IT vertical.