DLF Appoints Mr. Badal Bagri as CFO to Strengthen Financial Strategy and Growth
DLF Ltd has appointed Mr. Badal Bagri as its new Chief Financial Officer (CFO). He takes over the role from Mr. Ashok Kumar Tyagi, who had been managing the CFO responsibilities in addition to his duties as Managing Director. Going forward, Mr. Tyagi will focus solely on his role as MD.
Mr. Bagri, a chartered accountant and cost accountant, brings over three decades of experience in corporate finance, treasury, strategic planning, and risk management. He has held key positions at major companies such as Reliance Retail Limited, Bharti Airtel, Genpact, and GE India. Prior to joining DLF, Mr. Bagri was the business head for the electronics division at Reliance Retail, where he oversaw financial operations.
In his earlier role as CFO at Bharti Airtel, Mr. Bagri was responsible for managing the company’s financial strategy, including treasury, investor relations, and risk management. His extensive experience in financial controllership, planning, and analysis positions him well to support DLF’s growth objectives.
As CFO of DLF, Mr. Bagri will focus on shaping the company’s financial strategy, enhancing investor relations, and ensuring operational efficiency across DLF’s diverse real estate projects. The company has made significant strides in the market with developments such as The Camellias, Magnolias, and Aralias, and Mr. Bagri’s expertise will be critical as DLF continues to expand its footprint in the Indian real estate sector.
Mr. Tyagi, in his dual role as CFO and MD, expressed confidence in Mr. Bagri’s ability to manage the financial operations of the company. Under Mr. Tyagi’s leadership, DLF has achieved considerable success, and his continued focus on the strategic direction of the company will support its future growth.
With Mr. Bagri’s appointment, DLF emphasizes its commitment to strong financial management while focusing on expanding its luxury and commercial real estate development. The company plans to grow its presence in the Indian real estate sector and strengthen its reputation further.
Images- dlf.in, communicationstoday.co.in
