Sterlite names Monica Madan as Chief Financial Officer.
12-March 2024
New Delhi: Sterlite announced on Monday the appointment of Monica Madan as its Chief Financial Officer, succeeding Parag Jain. She officially takes over the role previously held by Jain, according to a company statement.
Reshu Madan, CEO of Sterlite, stated, "Monica's global experience and financial expertise make her the ideal leader to support Sterlite's expansion and strengthen our market position. Her leadership will be instrumental in scaling our operations and driving long-term value as we continue to shape the future of power transmission globally."
With over 20 years of experience in Fortune 500 companies, Monica has held leadership roles at McAfee, Microsoft, and Shell, working across India, Southeast Asia, the US, and Europe. Most recently, she served as the CFO of Schneider Electric Ireland, where she played a key role in driving financial transformation and business growth.
"With my experience across various industries and global markets, I am excited to collaborate with this talented team to enhance financial excellence and drive operational efficiency," said Monica Madan in the statement.
Sterlite operates in over 70 countries, providing innovative power infrastructure solutions and strengthening its position as a global leader in the energy sector.
As a global player, Sterlite manufactures and supplies high-performance power conductors, extra-high voltage, high voltage, and medium voltage cables, as well as optical ground wires.
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