Jugal Sahu has been appointed as Executive Director and Chief Financial Officer (CFO) of Heubach Colorants India Limited (formerly Clariant Chemicals (India) Limited). 

The Nomination and Remuneration Committee and the Board of Directors of the company at their respective meetings held on February 3, 2023, approved the appointment of Jugal Sahu as the Additional Director in the capacity of Executive Director and Chief Financial Officer of the company for a term of three years starting from February 3, 2023, subject to shareholders approval.

Sahu has been associated with industry for over 25 years and proven excellence in managing CFO office of large-listed companies with key self-expertise in setting up robust accounting systems & processes, sound internal control, optimizing costs, augmenting profitability/liquidity/ROI, fund management and corporate governance compliance in varied sectors - Healthcare, Pharmaceutical, Chemical, Steel, Mining and Engineering companies.

Sahu is an enterprising leader and planner with a strong record of contributions in Financial Planning & Business Analysis, Financial Reporting, Fund Management, Cost Reductions & Control, Internal Control, Profit Planning & Improvement, Corporate Governance & Statutory Compliance.

He has a degree in Bachelor of Commerce from the University of Berhampur, Odisha, is a Chartered Accountant from the ICAI in the year 1995, Cost Accountant from the ICWAI in the year 1996, Company Secretary from the ICSI in the year 2000 and Management Accountant from the CIMA in the year 2010, London.