Nagesh Alai, CFO, FCB Ulka, has been promoted as Regional CFO, Draft FCB, Asia Pacific and Africa. The change is with immediate effect.
Commenting on his new role, Alai said, “There will be active involvement in the operations and the finances of the companies that fall within the region. There are several micro-issues that I will be involved in on a regular basis hereon. Some of this includes working with regional president and I’m quite looking forward to the challenge.”
He explained that this also implied a change in responsibilities in terms of revenue growth, control of cost, improvement of margins and treasury management.