Yash Birla Group announces the appointment of Mr. PVR Murthy as the new Group Finance Director

Company Release, August 5

New Delhi

Yash Birla Group, promoted by late Shri R.D Birla, which was subsequently taken over by his great grandson Shri Yashovardhan Birla and a Rs.1400 crore group announced the appointment of Mr. PVR Murthy as Group Finance Director. Mr. Murthy will oversee all finance related activities of the group and will also be spearheading the restructuring process currently underway at Yash Birla Group.

A finance whiz, Mr. Murthy brings with him 30 years of experience in the financial sector. An MBA, Charter Accountant and a Bachelor of Law with P.H.D in Accounts, Mr. Murthy’s core strength is managing various company finances with particular emphasis on restructuring, mergers and acquisition, capital markets, etc. Welcoming Mr. PVR Murthy, Mr. Yash Birla, Chairman of the Group said, “We are very pleased to have Mr. Murthy on board. Our Group will benefit immensely with Mr. Murthy’s vast experience and his appointment will help us building a strong organization that will thrive on innovation and ingenuity.”

On accepting his new responsibility at Yash Birla Group, Mr. Murthy said, “The opportunity is extremely challenging and a highly entrepreneurial one. The biggest challenge will be to manage funds of a large group with diversified businesses ranging from machine tool manufacturing to steel pipes to developing software for school children and lifestyle products.”

Prior to Yash Birla Group, Mr. Murthy worked with Sunflag Group of Companies Ltd as Group Corporate Advisor and also as a Managing Director of Aryaman Financial Securities Ltd, a category one Merchant Banker.

Mr. Murthy is also a proud member of various renowned institutions like British Institute of Management, The Institute of Business Management (India) and others. He is also an avid reader and takes keen interest in astrology. He has traveled widely and is well versed with developments in the International and Indian business environment.

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