Ankur Dalwani Appointed CFO of Indian Hotels

The Indian Hotels Company Limited’s board has approved the appointment of Ankur Dalwani as Chief Financial Officer (CFO) with effect from December 1, 2023. He replaced Giridhar Sanjeevi, who will step down on July 1, 2024. Ankur Dalwani, aged 49, is currently the Senior Vice President, Group CFO’s Office of Tata Sons, and Member of the Board at Tata Realty and Infrastructure Limited and Tata Housing Development Company.

Dalwani has about 26 years of experience in Corporate Finance & Strategy, Investment Banking and M&A and leading roles across sectors, including the real estate sector. He began his career in 1997 and has worked at CRISIL (a subsidiary of S&P International), Enron India, DSP Merrill Lynch, IDFC Capital, Jefferies India Private Limited, L&T Financial Services (LTFS), and briefly at Aditya Birla Management Corporation Limited. His previous position at L&T Finance carried P&L responsibility for a large operating business. He has built relationships with the investor community, and his competencies include corporate finance skills, strategic analysis of businesses, M&A, and fund raising across capital structures. He has an MBA (Finance) from the S.P. Jain Institute of Management & Research, Mumbai, and a Bachelor in Engineering from the National Institute of Technology, Rourkela.