3M India Limited, a leading diversified technology company, has announced significant changes to its leadership team and board of directors today. The company has appointed Nikhil Arora as its new Chief Financial Officer, bringing fresh financial expertise to the organization.
In a series of board-level changes, 3M India has named Mr. Jayanand Kaginalkar and Ms. Jung Hyun Kim as Additional Directors, subject to shareholder approval at the upcoming Annual General Meeting. These appointments are expected to bring diverse perspectives and industry experience to the board.
Simultaneously, the company has disclosed the resignations of three prominent board members: Mr. Andrew Paul Benett, Mr. Bharat Shah, and Ms. Yun Jin. Their departures mark the end of their tenure with 3M India, and the company has expressed gratitude for their contributions.
In a separate announcement, 3M India has appointed Ms. Radhika Rajan as a Non-Executive Independent Director. Ms. Rajan, known for her extensive experience in financial markets and investment management, is expected to provide valuable insights to the company's strategic direction.
These changes reflect 3M India's commitment to refreshing its leadership and governance structure, potentially signaling a new phase of growth and innovation for the company.
Source: 3M India Limited Press Release