JioStar, the merged mega streaming big of mixed JioCinema and Disney Hotstar, has appointed GR Arun Kumar as its new Chief Monetary Officer, sources informed Mint.
In an inner e mail to staff from JioStar Vice Chairman Uday Shankar, shared by the supply, employees have been knowledgeable that Kumar will assist keep the corporate’s “monetary agility and self-discipline” amid push for development and “speed up decision-making”.
JioStar appoints GR Arun Kumar as its new CFO
As per the e-mail, Kumar has near 30 years of expertise throughout “numerous monetary management” in marquee international organisations and huge Indian conglomerates. “His approaching board will bolster our deal with sustaining monetary agility and self-discipline as we develop our footprint and speed up decision-making throughout markets,” it said.
Additional, the e-mail famous that Kumar’s appointment comes at a time when the corporate is working “in a quickly evolving atmosphere” the place, “being fleet-footed, responsive and forward-looking is vital”. It added that Kumar will play an necessary position in accelerating this shift, guaranteeing that the corporate has “the monetary techniques, insights and operational flexibility wanted to maneuver with pace whereas persevering with to construct scale and long-term worth as we place JioStar as a digital-first organisation”.
Kumar can be set “to play a key half in partnering with the Board, the CEOs, and enterprise leaders to drive development, profitability, and monetary resilience. He’ll lead our total Finance and Industrial capabilities”, the e-mail said.
Who’s GR Arun Kumar?
Primarily based in Mumbai, together with his spouse and two daughters, Kumar’s management expertise spans throughout finance, technique, operations, stakeholder administration, and worth creation, the e-mail said.
He joins JioStar from the Welspun Group, the place he served as Group CFO & Head of Technique, overseeing finance, planning, M&A, compliance, and investor relations. Previous to that, he held management roles with Unilever, Vedanta, Common Electrical, and OLA throughout India and worldwide markets.
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