Manjir Basu Replaces Sandeep K. Banka As CFO Of Spencer’s Retail

Manjir Basu has been appointed as the Chief Financial Officer and Key Managerial Personnel (CFO & KMP) of Spencer’s Retail Limited, effective September 19, 2025. He has replaced Sandeep Kumar Banka, who will be moving to a new role within the group and will consequently cease to be the CFO, effective September 19, 2025.

Basu is a Chartered Accountant and has over 20 years of experience in accounts and financial management. He specialises in business finance, cost control, treasury, fundraising, working capital, compliance, and risk management. He has expertise in stakeholder management and driving digital transformation initiatives. Basu has contributed to improving financial operations, strengthening governance, and aligning financial processes with organisational objectives across various organisations.

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