| | MARCH 20238Berger Paints India announced today that the board of directors has approved the immediate appointment of Kaushik Ghosh as vice president and chief financial officer, as well as key management personnel. Concurrently, the board has noted Vikash Sarda's resignation as the company's chief financial officer (key managerial personnel). Kaushik Ghosh has over two decades of experience implementing high-impact growth strategies, strong internal controls, and efficient reporting systems. He has a track record of success in evaluating, implementing, and streamlining financial and accounting policies, procedures, and controls to drive efficiencies, reduce costs, mitigate potential risks, and maintain local and international regulatory compliance.He began his career as an assistant manager with McNally Bharat engineering company. In June 2000, he began working for Berger paints India as an assistant manager - internal audit. He has worked in a variety of capacities for Berger over the course of his nearly twenty-two-year tenure. He is currently the assistant vice president of finance and accounts. Berger Paints India provides retail, decorative, and industrial painting services. In Q2 FY23, the company's consolidated net profit remained flat at Rs.219.51 crore. In the same period last year, the paint manufacturer made a net profit of Rs.219.21 crore. During the review period, total operating income increased by 20 percent year on year to Rs.2,670.92 crore. BERGER INDIA PAINTS BOARD OF DIRECTORS APPROVED APPOINTMENT OF KAUSHIK GHOSH AS VP & CFOIN FOCUSKAUSHIK GHOSH HAS OVER TWO DECADES OF EXPERIENCE IMPLEMENTING HIGH-IMPACT GROWTH STRATEGIES, STRONG INTERNAL CONTROLS, AND EFFICIENT REPORTING SYSTEMS
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