DLF Limited has officially appointed Badal Bagri as its Group Chief Financial Officer (CFO), effective December 6, 2024. The decision, finalized during the Board of Directors meeting, marks a strategic move in strengthening the company’s financial leadership.
Leadership Transition at DLF
Bagri’s appointment follows an interim arrangement in which Ashok Kumar Tyagi, who serves as Managing Director, also took on the role of CFO. As Bagri assumes the position, Tyagi will relinquish his additional CFO duties and continue focusing on his responsibilities as Managing Director.
The decision to onboard Bagri was made upon the recommendation of both the nomination and remuneration committee and the audit committee, ensuring a well-evaluated selection process.
A Seasoned Finance Veteran
With three decades of experience in corporate finance, treasury, strategic planning, and risk management, Badal Bagri brings a wealth of expertise to DLF. A Chartered Accountant and Cost Accountant, he has built a distinguished career in financial leadership.
A Track Record of Excellence
Before joining DLF, Bagri held several key roles across top-tier organizations. He served as Business Head of the Electronics Division at Reliance Retail, was CFO at Bharti Airtel Limited, and played pivotal finance leadership roles at Genpact and GE India. His diverse experience across industries positions him well to drive DLF’s financial strategy forward.
With this appointment, DLF reinforces its commitment to strengthening its financial leadership, ensuring sustainable growth and strategic financial planning for the future.