Allied Blenders and Distillers (ABD) has announced a realignment of its senior finance leadership. Mr. Jayant Manmadkar transitions to Group Finance Director to lead strategic investments. Mr. Ramakrishnan Ramaswamy returns as Chief Financial Officer, effective February 2, 2026, overseeing core financial stewardship. The changes aim to bolster growth and capital excellence.
Leadership Changes in Finance
Allied Blenders and Distillers (ABD) has announced strategic changes to its finance leadership to support the company’s next phase of growth, entry into the luxury segment via ABD Maestro Pvt Ltd, and expansion programs. These changes were approved on Thursday, January 29, 2026.
Appointment of Group Finance Director
Mr. Jayant Manmadkar, the current Chief Financial Officer, will assume the new role of Group Finance Director, effective February 2, 2026. He will lead value-accretive capital investments, digital transformation, and inorganic growth, including mergers and acquisitions, and cross-functional strategic initiatives. This role focuses on driving long-term value creation and overseeing the Group’s broader strategic roadmap.
Appointment of New Chief Financial Officer
Mr. Ramakrishnan Ramaswamy has been appointed as the new Chief Financial Officer, effective February 2, 2026. He previously served as CFO and is returning to oversee the company’s core financial stewardship, including finance and accounts, taxation, financial planning (FP&A), information technology, banking, and treasury management. His contact email is [email protected].
Strategic Realignment Rationale
The leadership transition is designed to support the company’s strategic ambitions, with Mr. Manmadkar focusing on long-term strategic investments and digital evolution and Mr. Ramaswamy overseeing financial stewardship. This ensures a dual-engine financial leadership as ABD scales its luxury portfolio and expands its manufacturing footprint.
Source: BSE
