Ashok Leyland appoints a new CFO

Ashok Leyland appoints K.M. Balaji as CFO, effective June 1, 2024, while Gopal Mahadevan becomes Director of Strategic Finance and M&A.

Ashok Leyland appoints a new CFO

Chennai- Ashok Leyland Limited., of the Hinduja Group, a commercial vehicle manufacturer, today announced the appointment of Mr. K.M. Balaji as Chief Financial Officer, while Mr. Gopal Mahadevan transitions to Director of Strategic Finance and M&A. 

Mr. Balaji K.M., currently Deputy CFO, will become Chief Financial Officer on June 1, 2024. With 31 years at Ashok Leyland, he has extensive experience in various finance such as MIS, Budgeting, Product Cost Engineering, Indirect Taxes, Treasury, Investor Relations, Payables and Receivables. 

Mr. Gopal Mahadevan as Director – Strategic Finance and M&A will continue to serve on the Board of Directors of Ashok Leyland and its subsidiaries. In his new role, Gopal shall focus on the growth agenda of Ashok Leyland’s subsidiary companies as well as M&A strategies of Ashok Leyland.