Prashant Bhatnagar to resign as CFO of P&G Hygiene, Mrinalini Srinivasan to take over

She is an alumnus of FMS Delhi and currently leads Corporate Finance and is also the Executive Sponsor of Gender Equality for P&G India group.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

Procter & Gamble Hygiene, on May 28, said their Chief Financial Officer Prashant Bhatnagar has tendered his resignation with effect from June 28, 2024 after serving the company for nearly 28 years.

Mrinalini Srinivasan has been appointed as the next CFO from June 29, the company informed the exchanges.

P&G Hygiene and Health Care Ltd is one of P&G India’s listed entity that includes brands like Vicks and Whisper.

Srinivasan joined P&G in 2008 in India, and has worked across Singapore, India, and Dubai, leading transformational projects and delivering outstanding results for several important P&G businesses.

She is an alumnus of FMS Delhi and currently leads Corporate Finance and is also the Executive Sponsor of Gender Equality for P&G India group.

Prior to this role, she was the Senior Director, Sales Finance for P&G India.

Mrinalini Srinivasan said, “I am honored for this opportunity and excited to take on the new role. I truly believe in the Company’s commitment to making peoples’ lives better in small but meaningful ways, every day. This role gives me an opportunity to work with various stakeholders to bring our integrated growth strategy to life and delight our consumers with superior propositions. I look forward to contributing to the growth of P&G in India.”

P&G Health on April 30 reported a decline of 6.45 percent in profit after tax at Rs 154.37 crore in the third quarter ended March 2024. The company, which follows the July-June financial year, had reported a profit after tax of Rs 165.02 crore in the corresponding quarter of the preceding fiscal.

Also Read | P&G Hygiene and Health Care arrives at agreement with tax authorities, to pay Rs 36 crore

On May 28, shares of P&G Health settled marginally lower at Rs 4,811.55 apiece.