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SUGAR Cosmetics has named Amit Aggarwal as its new chief financial officer (CFO). Aggarwal is in charge of overseeing the company’s financial operations, which include financial planning and analysis, reporting, taxation, risk management, and treasury operations, according to the company. In addition to strengthening the core leadership team, he will champion growth initiatives while leading the finance, controlling, legal, tax, customs, business risk, and compliance teams, according to the company.
l’s extensive experience and ability to manage financial decisions will aid the company’s responsible growth toward the goal of an eventual initial public offering (IPO), Vineeta Singh, co-founder and CEO, SUGAR Cosmetics, stated. “We look forward to him working closely with our numerous business units to implement the company’s vision of balancing aggressive expansion with an eye on profitability,” she added.
Prior to his current position, Aggarwal served as Marico Limited’s head of finance, where he oversaw the finance team (India business). He has over two decades of experience and has worked for large multinational corporations like Nestle India and Price Waterhouse Coopers.
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