Apollo appoints Gupta as CFO

ERJ staff report (DS)

Gurgaon, Haryana, India, -- Salil Gupta has been appointed Chief Financial Officer at Apollo Tyres Ltd. Gupta will be overseeing the Finance, Taxation and Accounts functions at the organisation, with the primary objective of contributing to the organisation's financial health and stability, ensuring full compliance with statutory guidelines and the company's corporate governance policies. His responsibilities also include an advisory role to the Legal and Secretarial functions of the company.

A month ago, Apollo Tyres also brought on board Peter Becker as Chief of Research & Technology. He will be leading Apollo Tyres' initiatives in tyre technology, research and new product development, especially keeping in mind the mobility needs of European customers. Mr Becker will be based out of Germany, where he will be responsible for establishing an R&D facility for Apollo Tyres. He will be working with Apollo's research, technology and design teams across geographical locations in India, South Africa and Europe.

Commenting on the crucial appointments of Salil Gupta and Peter Becker, Neeraj Kanwar, Vice Chairman & Joint MD, Apollo Tyres Ltd, said: “The appointments reflect Apollo's commitment to long term goals and our tradition of leveraging talent across markets. While Peter brings with him rich product technology experience, Salil's strength lies in his knowledge of managing diverse businesses. Their appointment further strengthens Apollo's Leadership Team and gives the company's growth agenda an added impetus.”