Zaggle Prepaid Ocean Services Limited has announced the appointment of Mr. Venkatesh Ramachandran as the company’s new Group Chief Financial Officer. This leadership transition will take effect on May 18, 2026. Mr. Ramachandran, a seasoned professional with over 27 years of experience, will succeed Mr. Rajesh Tummalaganti, who has served as the Interim CFO and will continue his tenure with the organization as the Deputy Chief Financial Officer.
Leadership Transition in Finance
Zaggle Prepaid Ocean Services Limited confirmed that Mr. Venkatesh Ramachandran will assume the role of Group Chief Financial Officer starting May 18, 2026. The decision follows a recommendation from the company’s Nomination and Remuneration Committee and the Audit Committee. Concurrently, Mr. Rajesh Tummalaganti, who successfully managed the responsibilities of Interim CFO, will conclude this interim assignment at the close of business on May 17, 2026. He will remain a vital member of the finance leadership team in his ongoing role as Deputy Chief Financial Officer.
Profile of the Incoming Group CFO
Mr. Venkatesh Ramachandran brings over 27 years of extensive industry experience in finance and management. His background spans diverse sectors including pharmaceuticals, life sciences, logistics, IT services, retail, and telecommunications. Most recently, he served as the Chief Financial Officer at Biological E. Limited, where he focused on strategic finance, capital planning, and corporate transformation.
Strategic Expertise
Throughout his career, Mr. Ramachandran has developed deep expertise in mergers and acquisitions, initial public offerings (IPO), private equity, and international accounting. He has a proven track record in driving enterprise growth and strengthening corporate governance frameworks. His appointment is expected to bolster Zaggle’s financial operations and contribute to the company’s long-term value creation and operational transformation objectives.
Source: BSE
