Bhartiya Group Announces Appointment of VS Mani as President -Finance

Bhartiya, a diversified lifestyle group today announced the appointment of VS Mani as its new President - Finance, completing a leadership transition that began in February. Mani brings more than two decades of expertise in financial management and operational excellence where he has led several companies through profitable growth, impactful integration of acquisitions and successful private equity partnerships.

“We are pleased to have Mani, an accomplished executive with significant industry, financial and operational expertise, join Bhartiya Group,” said Mr. Snehdeep Aggarwal, Founder- Chairman Bhartiya Group. “Mani has had a long career dedicated to managing multifaceted financial and accounting operations in both the domestic and international arenas, including the markets where Bhartiya Group operates. We are confident that given his impeccable credentials he is the apt person to support our continued growth and expansion and will certainly strengthen our senior executive team in a meaningful way.”

In his new role at Bhartiya Group, Mani will oversee the company’s finance, accounting, tax and treasury departments and be a part of the Bhartiya Executive Team, reporting to the Chairman Snehdeep Aggarwal. His responsibilities will include shaping of the company’s long-term financial model, corporate cash management, financial planning and analysis, strengthening internal controls, managing investor relations, identifying new business avenues, handling of strategic tie-ups and capital market initiatives.

Track Record of Financial Leadership and Value Creation

Mani brings more than 25 years of broad financial experience and leadership to his role at Bhartiya Group, including 3 years as CFO of an Indian multinational pharmaceutical and biotechnology company, Cipla Limited. In addition to leading the finance operations, he played a key role in acquisition of various companies in emerging and matured markets at Cipla.

Mani has also held various financial leadership roles at renowned corporates like Wockhardt, VIP Industries Ltd, Mercator Limited and Glenmark Pharmaceuticals. Throughout his career, he has not only been instrumental in defining and structuring the accounting & finance department but improving organizational cohesion.

Over the years, he has broadened his expertise to the area of strategic management and corporate governance. His robust understanding of financial and investment sectors, fundraising capabilities and strong relationships with Investment bankers, investor community, Analyst and Fund Managers has given him an edge within the finance community. He has effectively managed large finance teams, cross functional projects and possesses extensive experience of working with company Boards to enhance the governance of their organisations.

Mani is a qualified Chartered Accountant and holds a bachelor’s degree from Mumbai University.