Raymond likely to name Sanjay Bahl as group CFO

NEW DELHI: Textile and branded apparel maker Raymond is likely to appoint Sanjay Bahl, group chief financial officer at Landmark Retail Group, as its new head of finance and group CFO. Bahl has already put in his papers at Landmark Retail in Dubai and is set to join Raymond next week, people familiar with the matter said.

A company official confirmed that Bahl will be replacing M Shivkumar at Raymond.

Landmark Group hasn’t replied to an email from ET. Bahl and Shivkumar could not be reached for comment.

Bahl, a chartered accountant and a commerce graduate from Mumbai’s St Xavier's College, has 20 years of experience. He spent 14 years at Hindustan Lever in FMCG businesses such as tea, Kissan Foods, oils and fats, and fertilisers. He also worked for over five years with French conglomerate Saint-Gobain as CFO and director finance.

He spent more than six years in 12 countries at Landmark Group.