Fashion and beauty platform Nykaa (FSN E-Commerce Ventures Ltd.) has appointed P Ganesh its new Chief Financial Officer. Ganesh is a chartered accountant, cost and management accountant and company secretary and has over 27 years of industry experience in international and domestic markets. He is set to join Nykaa from the TAFE Group, a tractor manufacturer.
In an exchange filing, the company said that his appointment will be effective on 3rd February 2023.
Arvind Agarwal, former CFO of Nykaa quit the company November last year.
Falguni Nayar, Founder and CEO, Nykaa said, “We are pleased to welcome Ganesh to our leadership team and be part of Nykaa’s growth story that will benefit from his rich financial experience. His knowledge about the Indian financial market and insights into International markets will be valuable in guiding Nykaa’s journey as a leader in beauty and lifestyle omnichannel retail.”
Ganesh has previously worked with the Godrej Group, Glenmark Pharma and Pidilite in leadership roles.
“I am excited to join team Nykaa and become a part of the remarkable Nykaa growth journey as it expands its presence further by entering new markets, products and geographies. I look forward to leveraging my expertise and contribute to what I believe is an exciting phase in the Nykaa journey as it continues to grow and scale its businesses,” He said.
