Rajiv Batra has been appointed as Group Chief Financial officer (CFO) of Pi Industries Limited with effect from October 1, 2020. 

 

Rajiv has been appointed for three years and will report to the Vice Chairman & Managing Director, Mayank Singhal and the Board of Directors of the company.

 

Rajiv is a qualified Chartered Accountant and brings an experience of nearly four decades in Finance and Accounting across India and US. He has a proven track record of setting up, effectively managing, and building the credibility of finance as a critical business function. He is well versed with statutory audits, budgeting, financial controls, accounting, taxation, etc. He is also familiar with local statutes such as FEMA, Customs, Income Tax, Excise, etc. 

 

Rajiv has also built strong relationships with Fll's and other Institutional Investors. Recently, as Group Chief Financial Officer and Head - Internal Audit, Government Relations and Facilities, he headed the finance functions at Cummins India Limited as well as the eleven entities of the Cummins Group in India. 

 

Earlier, Rajiv was with Xerox, India until 2000 as CFO for the Indian Operations. He moved to Xerox, USA in 2001 as Vice President, Internal Controls & Operations Support for Developing Markets, later transitioning into the role of CFO, Russia, South Africa, Middle East, Turkey, India and Egypt. During his tenure, Rajiv has built a track record of growing the business profitably with strong fiscal integrity with highest standards of Corporate Governance. 

 

Rajiv first joined Xerox in 1982 as Manager, Accounts and grew to become General Manager. He took up the assignment while the company was still in a green field stage and remained to see the company through to a turnover of US $100 million with profitability. In 1993, he joined Digital Equipment India Limited as Vice President for Finance and Administration and other commercial functions. He was one of the main architects of the financial turnaround at Digital India in 1993-94 and when Compaq acquired Digital, Rajiv worked as CFO for the combined operation.