Mumbai, Maharashtra, India, June 2026 — Bombay Dyeing has appointed Niraj Kumar as Chief Financial Officer & Chief Risk Officer.Kumar brings extensive leadership experience across corporate finance, financial planning and analysis, business finance, enterprise risk, performance analytics, cost transformation, retail finance, aviation finance, telecom finance, and business controllership. In his new role, his executive mandate focuses on piloting structural cost-efficiency programs, driving performance analytics, and reinforcing capital allocation to accelerate enterprise growth across both manufacturing and consumer retail segments.
Prior to joining Bombay Dyeing, Kumar served as Finance Controller at Adani Airport Holdings Ltd, where he was responsible for financial reporting, controlling, and planning. Before that, he worked as Chief Financial Officer at Mumbai Travel Retail & April Moon Retail, a joint venture between Adani Airport Holdings and Flemingo, focused on premium and luxury duty-free and duty-paid retail businesses.
Earlier, Kumar held key finance leadership roles at GO FIRST, including Chief Financial Officer, Senior General Manager – Finance, and General Manager. During his tenure, he led business finance controllership, financial planning and analysis, performance tracking, cost optimization, forecasting, cash flow planning, working capital management, management reporting, SAP and BI reporting, IPO-related coordination, enterprise valuation, and profitability improvement initiatives.
Before GO FIRST, Kumar worked with Ernst & Young as Senior Manager, where he handled enterprise risk assessments, commercial process reviews, cost optimization initiatives, process audits, and data analytics for leading telecom clientsA significant part of his career was spent with Vodafone, where he held multiple finance leadership roles across India and the United Kingdom. As Cost Transformation Lead, Vodafone Group London, he supported a €5 billion global cost-saving programme, business partnering, process benchmarking, project reporting, and decision-support presentations for senior leadership. His Vodafone journey also included roles in Europe finance analysis, financial planning and analysis, business analysis, taxation, compliance, SoX controls, and financial governance.
His earlier career includes consulting assignments across audit, compliance, provident fund consulting, HR and administration audits, and internal audits for various organizations.Academically, Kumar pursued the Senior Executive Management PGPmax in Business Administration and Management from the Indian School of Business, where he achieved Grade A .With his deep expertise in finance leadership, risk management, cost transformation, analytics, governance, and business performance, Kumar is expected to play a key role in strengthening Bombay Dyeing’s financial strategy and enterprise growth agenda.
About Bombay Dyeing
Bombay Dyeing is part of the Wadia Group of Companies, one of India’s oldest and most respected business houses. The company is among India’s leading bed, bath, and coordinates retailers, serving millions of loyal customers across the country.With a legacy of more than 137 years, Bombay Dyeing has built its reputation through superior quality, innovative product portfolios, and a wide product range suited to diverse tastes and occasions. While historically known as one of India’s finest textile manufacturers, the company is today recognized as a leading home décor retailer.Bombay Dyeing continues to be known for its quality, trust, and trendsetting presence in India’s home décor retail sector.
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