Bata India appoints Amit Aggarwal as CFO

Bata India, the country’s largest footwear retailer, has announced the appointment of Amit Aggarwal as its Whole-Time Director and Chief Financial Officer (CFO), effective December 23, 2024. This move comes as part of the company’s efforts to strengthen its leadership team and navigate challenges in a competitive market.

Durgesh Singh, who assumed the role of CFO earlier on December 1, 2024, to facilitate a seamless transition, has now relinquished his position following Aggarwal’s induction.

Amit Aggarwal brings over two decades of experience in financial management, business strategy, and digital transformation, primarily across the FMCG and direct-to-consumer (D2C) sectors. A qualified Chartered Accountant (ICAI, 2002) with advanced general management training from IIM Kolkata, Aggarwal is known for his expertise in profitability enhancement, cost optimization, risk mitigation, and governance frameworks.

Prior to joining Bata, Aggarwal served as CFO at SUGAR Cosmetics (Vellvette Lifestyle Private Limited), where he played a pivotal role in driving the company’s growth. His career also includes significant roles at Marico Limited, Nestle India Limited, and PwC, where he held positions such as Head of Finance, Head of Corporate Finance, and Internal Audit.

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