Vivek Anand has stepped down as the Group Chief Financial Officer of DLF, “to pursue other career avenues”. He will continue in his role until February 29.
Anand, during his four year stint, played an important role in strengthening the finance organisation, systems and controls, the company said in a notification to the bourses.
“His resignation letter dated December 11, 2023, has been accepted by the Audit Committee in its meeting which placed on record their appreciation for his contributions to the company,” it mentioned in its statement.
According to the company statement, Ashok Kumar Tyagi, Managing Director of DLF Limited, who has the overall responsibility for all corporate functions, including finance, will now have oversight of the group finance, IT, and secretarial functions in addition to his current responsibilities as Managing Director.
Tyagi had a long stint as the Group CFO and continued to review the function in his role as CEO and Whole-time Director.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.