Raymond Group announced the appointment of Rakesh Tiwary as the new Group Chief Financial Officer, effective December 3, 2025.
Rakesh Tiwary succeeds Amit Agarwal, who has been serving as the Group Chief Financial Officer while supporting several businesses within Raymond Lifestyle, and will now move full-time into the Lifestyle business. He has stepped down as Group CFO effective December 2, 2025.
Rakesh brings more than 25 years of financial leadership experience across sectors, including cement, airports, electricity, solar, steel, energy and oil. His background spans strategic financial planning, capital structuring, governance, integration and performance transformation. His prior roles include CFO positions at Adani Cement, Adani Airports, Adani Electricity and Adani Solar, along with leadership roles at JSW Steel, Reliance Industries and Indian Oil Corporation. He is a Chartered Accountant, Cost Management Accountant and holds an MBA degree.
