Hindalco Industries Limited has announced the appointment of Bharat Goenka as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective April 1, 2025. Currently serving as CFO Designate, Goenka brings a vast wealth of experience in financial management, corporate finance, and strategic planning, making him well-positioned to drive Hindalco’s financial initiatives forward and support its ambitious growth strategies.
Goenka’s career spans leadership roles in some of the world’s most respected corporations, including Mahindra Group, Vedanta Limited – Aluminium Business, and Unilever. At Mahindra Group, he played a key role in financial planning and strategy for the $25 billion conglomerate, helping optimize operations and support the group’s long-term objectives. At Vedanta Limited, he managed financial assets worth $10 billion, overseeing large-scale financial operations and capital allocation while ensuring financial discipline. His tenure at Unilever was equally impactful, where he led finance strategy across 31 countries, driving business transformation and efficiency improvements on a global scale.
With an impressive track record of handling large-scale financial operations, Goenka is expected to play a pivotal role in shaping Hindalco’s financial policies and steering its future growth. His expertise in capital structuring, risk management, financial governance, and cost optimization will be crucial as Hindalco continues to expand its presence in the global metals and mining industry. As a leading player in aluminium and copper production, Hindalco is focused on strengthening its financial resilience while maintaining sustainable growth, and Goenka’s leadership will be instrumental in achieving these goals.
Hindalco has been at the forefront of the global metals sector, with a strong focus on sustainability, innovation, and operational excellence. With increasing investments in green energy, decarbonization, and advanced manufacturing capabilities, the company is gearing up for the next phase of its transformation. Goenka’s experience in managing financial risks, optimizing investment strategies, and executing high-impact financial initiatives will be valuable as the company navigates evolving market conditions and economic shifts.
His appointment comes at a crucial time when Hindalco is focusing on capital efficiency, cost management, and long-term value creation for stakeholders. With financial markets becoming increasingly dynamic, the company is set to benefit from Goenka’s ability to drive profitability while ensuring financial discipline. His leadership is expected to bring enhanced financial governance, strategic foresight, and operational rigor to Hindalco, reinforcing the company’s position as a global leader in the industry.
As he takes on this critical role, Bharat Goenka is expected to drive financial strategies that align with Hindalco’s long-term vision, ensuring sustainable growth and financial stability. His expertise in handling complex financial environments and delivering high-impact results will play a vital role in strengthening Hindalco’s competitive edge in the global market. With his leadership, the company is poised to continue its legacy of excellence, innovation, and value creation.