From correspondents in Delhi, India, 11:23 AM IST

Jindal ITF Ltd. (Infrastructure, Transportation & Fabrication), the infrastructure arm of Jindal SAW Ltd., today announced the appointment of Mr. Ram S Ramasundar as the Group Chief Financial Officer. Mr. Ramasundar joins from DLF Hotels Holdings Ltd. where he was the Senior Executive Director; his previous experience includes heading various finance functions at organizations like Hindustan Lever Ltd, PepsiCo India Holdings and Ranbaxy Laboratories Ltd. amongst others. As the Group CFO, he will be responsible for financial planning & strategies and oversee group’s corporate initiatives.

Welcoming Mr. Ramasundar onboard, Mr. Indresh Batra, Chairman, Jindal ITF Ltd., said, “Jindal ITF is embarking on a journey to scale up presence in the ITF segment. Towards this end, we are strengthening the Group’s organization structure with the appointment of Mr. Ramasundar and welcome him on board. His extensive experience and financial expertise would support the company’s growth strategy.”

Mr. Ram S Ramasundar said, “I am delighted to take on this responsibility at Jindal ITF and look forward to working with them. My focus will be to devise financial strategy in sync with the Group’s vision of becoming a dominant player in the sector.”

Mr. Ramasundar brings with him a rich professional experience of over 32 years. A qualified Chartered Accountant and Company Secretary, he holds a Masters of Business Administration from IIM Ahmedabad alongwith Bachelor of Commerce from Chennai University.

Source: Press Release Distribution via India PRwire