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Sterlite Electric welcomes Sumil Mathur as Group Chief Financial Officer

In a leadership move focused on strengthening financial governance and long-term strategy, Sterlite Electric, part of the Sterlite Group, has announced a key executive appointment.

Sumil Mathur will lead the global financial strategy, capital management, and corporate governance for the diversified industrial group. In this role, he is responsible for driving fiscal excellence and supporting strategic growth initiatives across multiple business verticals within the Group.

This appointment follows a distinguished tenure at Emaar India, where Sumil served as both Chief Operating Officer and Chief Financial Officer. During this period, he played a pivotal role in the company’s operational restructuring and financial stabilisation, helping strengthen its business foundation.

With nearly 30 years of experience, Sumil has built a strong profile across real estate, telecommunications, and manufacturing. He previously held the position of Vice President–Finance at HCL Infosystems Ltd., where he managed complex group-level restructuring initiatives. At Indus Towers, he served as General Manager–Finance, leading Oracle implementation projects and overseeing financial operations for a team of more than 100 staff.

His early career was shaped by a decade-long tenure at JCB, along with key roles at Bharti airtel and India Yamaha Motor Pvt. Ltd.. Across these roles, he developed deep expertise in IFRS, Ind AS, and large-scale ERP transformations.

By combining strong operational leadership with advanced financial expertise, Sumil now spearheads the global financial mandate for the Sterlite Group, guiding its businesses toward disciplined growth and long-term value creation.

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