Allied Blenders & Distillers Ltd. (ABDL), India’s third-largest spirits company, has appointed Anil Somani as its new Chief Financial Officer (CFO). Somani, a seasoned finance professional, brings over 32 years of experience in financial management and leadership across prominent organizations. His appointment is expected to enhance ABDL’s strategic financial initiatives, aligning with the company’s growth objectives.
Prior to joining ABDL, Somani served as the CFO and Director of Finance at Bata India Limited, where he played a pivotal role in overseeing the company’s financial health and driving its fiscal strategies. During his tenure, he focused on improving operational efficiency and ensuring financial discipline, which significantly contributed to Bata India’s growth trajectory.
In addition to his tenure at Bata, Somani has held notable positions at several major corporations, showcasing his broad expertise in the retail and finance sectors. His experience includes leadership roles at Reliance Retail, Infiniti Retail Limited (Croma), Walmart India, Metro Cash & Carry India Private Limited, and CC Chokshi. This extensive background across diverse industries has equipped Somani with the skills needed to manage complex financial operations, optimize capital utilization, and enhance profitability.
Commenting on Somani’s appointment, Alok Gupta, Managing Director of ABDL, expressed confidence in his ability to contribute to the company’s long-term strategy. Gupta highlighted that Somani’s vast experience and strategic mindset will help drive operational efficiency and support the company’s ambitious growth plans. This leadership change reflects ABDL’s commitment to strengthening its financial management as the company navigates an increasingly competitive spirits market.
Somani’s role at ABDL will involve overseeing the company’s financial planning and analysis, risk management, and corporate finance. His leadership is expected to bolster ABDL’s financial performance as it continues to expand its market presence and consolidate its position within India’s vibrant spirits industry.
With this strategic appointment, Allied Blenders & Distillers Ltd. reinforces its focus on robust financial governance to support its growth objectives and strengthen its market position.
, India's third-largest spirits company, has appointed Anil Somani as its new Chief Financial Officer...){kind=link}