Ashok Leyland Names KM Balaji As CFO
Ashok Leyland has appointed KM Balaji as the new CFO, effective June 1, 2024, while Gopal Mahadevan transitions to Director of Strategic Finance and M&A, continuing his tenure on the Board
Ashok Leyland, a leading commercial vehicle manufacturer has announced the appointment of KM Balaji as the new Chief Financial Officer (CFO), effective June 1, 2024. Gopal Mahadevan, the current CFO and Whole Time Director, will transition to the role of Director of Strategic Finance and M&A, while continuing his association with the company.
KM Balaji, who is presently the Deputy CFO, will assume the position of CFO. With a career at Ashok Leyland spanning 31 years, Balaji brings extensive experience in various aspects of the finance function, including MIS, budgeting, product cost engineering, indirect taxes, treasury, investor relations and managing payables and receivables.
In his new role, Mahadevan will remain on the Board of Directors for Ashok Leyland and its subsidiaries, focusing on the growth strategies for the subsidiary companies and overseeing mergers and acquisitions.
