Arvind Vats has been appointed as the Chief Financial Officer (CFO) and Chief Risk Officer of Orient Electric, effective January 1, 2025. Vats succeeds Saibal Sengupta, who will retire after completing seven years with the company. With a rich background in business strategy, risk management, and corporate governance, Vats is positioned to lead Orient Electric through its ongoing transformation and bolster its future growth prospects.
A Chartered Accountant by training, Arvind brings over 30 years of experience across diverse sectors, including FMCG, modern retail, food retail, telecommunications, and textiles. Throughout his career, he has excelled in areas such as investor relations, IPOs, corporate governance, and enterprise risk management, adding significant value in every role he has held. His broad experience enables him to make strategic decisions that will benefit both the organization and its shareholders.
This leadership transition comes at a critical juncture for Orient Electric, as the company continues its journey toward becoming a more consumer-centric, future-ready organization. With Arvind Vats at the helm of its financial and risk strategies, the company is poised to maintain its competitive edge and unlock further value for shareholders and stakeholders. His leadership will be key in strengthening investor relations and corporate governance practices, setting the stage for sustainable growth and innovation in the years to come.