Delhi, India, July 2024 – Jaquar Group is thrilled to announce the appointment of Mr. Deepak Raj Jain as the new Chief Financial Officer.
With 30 years of extensive experience in financial accounting, strategic business planning, team management, banking & treasury, taxation, audits, debt funding & private equity, and risk management across diverse sectors, Mr. Jain brings a wealth of expertise to Jaquar Group. His contributions will be pivotal in driving the company’s growth and success.
Deepak Raj Jain joins Jaquar Group after serving as Head Finance-Accounts & Company Secretary at Larsen & Toubro for over 8 years. At L&T-MHI Power Boilers Private Limited, a joint venture between Larsen & Toubro Limited and Mitsubishi Heavy Industries, he played a crucial role in strategic planning, business analysis, financial reporting, treasury management, and compliance management.
Prior to L&T, Deepak held the position of General Manager at Jindal Steel & Power Ltd. for 5 years. He led the financial reporting function, strategic planning, and business analysis, and was instrumental in managing working capital, internal and statutory audits, and risk management.
He also served as Dy General Manager at JCB India Ltd. for 1 year, overseeing annual financial statements, statutory and tax audits, accounts receivable, and treasury management in a SAP environment.
Deepak’s tenure at Maruti Suzuki India Limited as Head Finance for 5 years involved banking and treasury activities, business plan preparation, corporate reporting, and ensuring compliance with direct and indirect tax laws.
He began his career at Jindal Saw Limited, where he served as Head Finance for 3 years. He managed finance and accounts, budget control, monthly MIS, statutory audits, and tax compliance, and was a permanent member of the Executive Committee.
About Jaquar & Company Private Limited:
Conceived in 1960 by Late Shri N. L. Mehra and headquartered in Manesar, Jaquar Group is a rapidly growing multi-diversified ‘Complete Bathroom and Lighting Solutions’ brand. Built on the platform of the highest quality standards and aesthetics, the Group caters to various segments of the bathroom and lighting industry for the luxury, premium, and value segments through its brands – Artize, Jaquar, and Essco. As undisputed market leaders, the company has a presence in over 55 countries across Europe, the Middle East, Asia-Pacific, and Africa.
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