Raymond Group has announced a significant leadership change with the appointment of Rakessh Tiwary as the new Group Chief Financial Officer. Amit Agarwal, who previously served as Group CFO while managing key functions within Raymond Lifestyle Ltd, will now transition fully into the Lifestyle business. He stepped down from the Group CFO role on December 2, 2025.
Rakesh joins Raymond with over 25 years of extensive financial leadership experience across diverse industries such as cement, airports, electricity, solar, steel, energy and oil. His expertise covers strategic financial planning, capital structuring, governance, business integration and performance improvement.
Throughout his career, he has held CFO roles at Adani Cement, Adani Airports, Adani Electricity and Adani Solar. He has also worked in senior financial positions at JSW Steel, Reliance Industries and Indian Oil Corporation.
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