Jubilant FoodWorks has appointed Suman Hegde as the new Executive Vice President and Chief Financial Officer. The appointment will be effective from March 1, 2024.

The company said in a statement, “Suman brings over 20 years of experience across a broad spectrum of leadership positions in the finance function. She will be joining Jubilant FoodWorks from Hindustan Unilever Limited, where she is Vice President Finance – Beauty, Wellbeing & Personal Care, South Asia. Through her multiple stints in Hindustan Unilever and Unilever Europe B.V., She has led several critical functions like Controllership, Business Partnering, Procurement, Mergers and Acquisitions, and Investor Relations.”

CEO & MD of Jubilant FoodWorks Limited, Sameer Khetarpal, Commented on the announcement, “I am delighted to have Suman lead the finance function at JFL. As a leader, she brings high-quality experience in customer first thinking, ability to partner with businesses and lead high-performing teams. The appointment is in line with the Company’s strategic priority of building a solid yet diverse foundation of People and Culture. I would also like to thank Ashish for his distinguished service to the Company and for advancing the finance function during his tenure.”

Ms. Suman Hegde in her current role at Hindustan Unilever Limited, serves as the Vice President Finance Beauty & Personal Care, South Asia. Suman is a Chartered Accountant and a MBA graduate from Jamnalal Bajaj Institute of Management Studies, Mumbai. She has over two decades of experience in Unilever, across India and Europe. Her Professionalism shows an astute understanding of business strategy, collaboration with stakeholders to accelerate performance, and building organization structures to support positive business impact.