The Board of Directors of DLF Limited, at its meeting held today, approved the appointment of Badal Bagri as the Chief Financial Officer (CFO) of the company, with the designation of Group CFO, effective December 6, 2024.
The announcement follows the company’s earlier communication dated May 13, 2024, regarding the interim appointment of Ashok Kumar Tyagi as CFO alongside his role as Managing Director. With the appointment of Bagri, Tyagi will step down from his additional role as CFO but will continue to serve as Managing Director of the company.
The decision was made based on the recommendations of the nomination and remuneration committee and the audit committee.
Bagri, 52, is a seasoned finance professional with 30 years of experience in corporate finance, treasury, strategic planning and risk management. He is both a Chartered Accountant and a Cost Accountant by qualification.
In his previous roles, Mr. Bagri served as Business Head of the Electronics vertical at Reliance Retail, Chief Financial Officer at Bharti Airtel Limited and Held leadership roles in finance at Genpact and GE India.
