Forever New – a premium Australian fashion brand – has appointed Binit Kumar Agarwalla as its Indian Vice President (Finance, Legal & Supply Chain Management) starting 11 May 2022.
With an experience of more than 15 years in the field of finance, Binit would be taking a stronghold of this leadership position across roles pertaining to the finance team, its structure and processes, driving the highest accounting standards, strategic financial planning and analysis, reporting & controlling.
According to brand, he will also lead and strengthen the foundation for the legal department and enhance the supply chain capabilities for the brand.
Delighted with this new opportunity, Binit said, “I am thrilled to join Forever New, a brand loved across the globe and known for its effortlessly wearable and timeless collections that celebrate modern femininity. I am inspired by the organisation’s culture and values and look forward to working alongside a high-performing team that has been built for growth.”
Prior to this appointment, Binit has been a part of some of the most reputable organisations which included S.R. Batliboi and Co, a member of Ernst and Young, TV18 Home Shopping Network Ltd., along with adidas India.
His last stint as Vice President, Finance for Reliance Brands Ltd. included him running the front line for Mothercare, H by Hamleys, Adidas Kids and Joint Venture entity Clarks Reliance Footwear Private Limited.
Highly regarded and appreciated for his exemplary contribution, he was awarded the ‘MD Gold Award for Collaboration’ for 2 years in a row at adidas India and the ‘Sparkle’ and ‘Excellerator’ award at Ernst & Young for showcasing unwavering and impeccable potential.
Commenting on the new appointment, Dhruv Bogra, Country Head (India), Forever New, stated, “We are extremely pleased to have Binit join our team for this prestigious position. The kind of experience that he holds in the field of finance, legal and supply chain management would surely help us determine a more robust strategy across this sector. With the change in times, having an efficient roadmap is all the more instrumental to ensure a smooth sail and, in my opinion, Binit would undoubtedly be a significant influence in securing the same.”
