Castrol India, a pioneer in automotive and industrial lubricants, has introduced the appointment of Mrinalini Srinivasan as its new chief monetary officer, efficient July 28, 2025. She succeeds Deepesh Baxi, who moved on from the function in March 2025 to pursue different alternatives.
Srinivasan joins Castrol with over 17 years of expertise at P&G India, the place she held management roles throughout Asia, the Center East and Africa. She has labored in strategic planning, enterprise forecasting, compliance and business finance, specializing in monetary resilience and operational self-discipline.
In her most up-to-date function, she served because the chief monetary officer for the Hygiene and Well being enterprise and was additionally the group controller at P&G India.
Speaking about her appointment, Mrinalini Srinivasan to the workforce, Kedar Lele, managing director, Castrol India, mentioned, “As we proceed to rework our enterprise, the finance operate stays essential to enabling this journey—by way of self-discipline, agility, and forward-looking choice assist. Mrinalini’s expertise in navigating advanced enterprise environments and driving alignment throughout groups will likely be an actual asset. We’re happy to welcome her to the management workforce.”
Because the chief monetary officer, Srinivasan will lead Castrol India’s monetary operate and be a key member of the management workforce. She’s going to assist form and assist Castrol’s technique, oversee monetary planning, and information danger and governance practices.
“It’s a privilege to be a part of an organization with such a wealthy legacy and powerful values. I stay up for working with colleagues throughout Castrol,” mentioned Srinivasan.
Srinivasan will work intently with the interim CFO Vishal Thakkar by way of August to make sure a clean handover. Vishal Thakkar has been supporting the finance operate in the course of the transition, and the corporate thanks him for his management and regular steerage over the previous few months.
Rakesh Makhija, chairman of the Board, Castrol India, added, “We’re happy to welcome Mrinalini to the board. Her expertise and balanced strategy will likely be key as we proceed to strengthen our foundations and keep centered on long-term, sustainable progress.”
Written with the View : afaqs
