Chetan Prakash Garg appointed CFO; Ankit Aggarwal steps down as Interim CFO, to be Deputy CFO
Board approved Mr. Chetan Prakash Garg as Chief Financial Officer and KMP, effective September 29, 2026.
By ScoutQuest · · 1 min read
- New CFO Appointment
- Mr. Chetan Prakash Garg appointed as Chief Financial Officer and KMP, effective September 29, 2026
- Outgoing Interim CFO
- Mr. Ankit Aggarwal steps down as Interim CFO and KMP from close of business on September 28, 2026
- Transition Role
- Mr. Ankit Aggarwal will continue as Deputy Chief Financial Officer
- New CFO Experience
- About 20 years of global finance experience, most recently as CFO of Optum India
What happened
At a Board meeting held on September 28, 2026 (12:32 p.m. to 12:46 p.m.), the Board approved the appointment of Mr. Chetan Prakash Garg as Chief Financial Officer and Key Managerial Personnel, effective September 29, 2026. The appointment followed recommendations of the Nomination and Remuneration Committee and the Audit Committee.
The outgoing interim role
- Mr. Ankit Aggarwal has resigned as Interim CFO and KMP with effect from the close of business hours on September 28, 2026.
- His letter states the step-down is consequent upon finalisation of the new CFO.
- He will continue with the company as Deputy Chief Financial Officer, so he is not leaving the organisation.
Profile of the new CFO
- About 20 years of global experience in financial and business leadership, including capital markets, cost management, risk management and global operations.
- Most recently CFO for Optum India (part of UnitedHealth Group), with a role in financial governance, capital allocation and integration of acquired entities in India.
- Earlier a management consultant with PwC and Deloitte India.
- MBA in Finance from Cornell University; B.Tech from IIT Madras.
What it means for investors
The company moves from an interim finance head to a permanent CFO, which brings continuity to the finance function. Since the interim CFO stays on as Deputy CFO, institutional knowledge is retained. This is an administrative leadership change with no financial figures attached.
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More numbers
- Experience of new CFOabout 20 years
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