Rakesh Tiwary joins Raymond as Group CFO
Amit Agarwal has stepped down as Group CFO, effective December 2, 2025
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Published: Dec 4, 2025 7:45 AM | 1 min read
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Raymond Group has announced a change in its senior leadership team. Rakesh Tiwary has been appointed as the Group Chief Financial Officer, with effect from December 3, 2025. Amit Agarwal, who was serving as Group CFO while also supporting multiple businesses under Raymond Lifestyle Ltd, has stepped down from the Group CFO role effective December 2, 2025, and will now focus entirely on the Lifestyle business.
Tiwary brings over 25 years of experience in financial leadership across diverse sectors such as cement, airports, power, solar, steel, energy and oil. His expertise covers areas including financial strategy, capital planning, corporate governance, business integration and performance improvement.
In his previous roles, he has served as CFO at Adani Cement, Adani Airports, Adani Electricity and Adani Solar. He has also held senior leadership positions at organisations such as JSW Steel, Reliance Industries and Indian Oil Corporation.
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