Jaquar Group is delighted to announce the appointment of Deepak Raj Jain as the new Chief Financial Officer (CFO). Bringing 30 years of extensive experience in financial accounting, strategic business planning, team management, banking and treasury, taxation, audits, debt funding and private equity, and risk management across diverse sectors, Mr. Jain is expected to drive significant growth and success for the company.
Deepak Raj Jain joins Jaquar Group after serving as Head of Finance-Accounts & Company Secretary at Larsen & Toubro (L&T) for over eight years. During his tenure at L&T-MHI Power Boilers Private Limited, a joint venture between L&T and Mitsubishi Heavy Industries, he was pivotal in strategic planning, business analysis, financial reporting, treasury management, and compliance management.
Before his role at L&T, Mr. Jain held several key positions in major companies:
- General Manager at Jindal Steel & Power Ltd.: For five years, he led financial reporting, strategic planning, and business analysis. He also managed working capital, internal and statutory audits, and risk management.
- Deputy General Manager at JCB India Ltd.: During his one-year tenure, he was responsible for preparing annual financial statements, conducting statutory and tax audits, managing accounts receivable, and overseeing treasury management within a SAP environment.
- Head Finance at Maruti Suzuki India Limited: For five years, he managed banking and treasury activities, business plan preparation, corporate reporting, and ensured compliance with direct and indirect tax laws.
- Head Finance at Jindal Saw Limited: Early in his career, Mr. Jain managed finance and accounts, budget control, monthly MIS, statutory audits, and tax compliance. He was also a permanent member of the Executive Committee.
Deepak Raj Jain’s comprehensive background and strategic vision are set to significantly enhance Jaquar Group’s financial operations. His leadership is expected to drive new initiatives and strengthen the company’s financial health.
Jaquar Group’s management is confident that Deepak Raj Jain’s expertise and leadership will be a major asset as the company continues to expand and innovate in the competitive market.