New Delhi, May 28,2024:  Homegrown electronics manufacturer Lava International on Tuesday announced the appointment of Rajesh Sethi as the new Group Chief Financial Officer.

In this new role, Sethi will be responsible for leading Lava’s financial operations, enhancing financial systems and processes, and steering the company’s fiscal strategies to support its growth plans.

“The mobile and electronics industry is on a high growth trajectory, and Lava has a great potential to tap into the opportunities with superior quality Made in India products,” Sethi said in a statement.

“My strategy will be to strengthen financial resilience, and corporate governance and generate capital for the ambitious growth plans of the company,” he added.

Lava said that Sethi’s appointment is in line with the company’s vision to strengthen its leadership team for building a global Indian technology enterprise.

“His expertise and wealth of experience in driving financial success will be instrumental in accelerating Lava’s future growth. We look forward to his contributions and leadership in our endeavour to build a global Indian enterprise,” said Sunil Raina, Executive Director of Lava International.

He has held leadership roles at prominent organisations, including Bharti Airtel, Telenor Group, Essar Group and STER Group, during his career.

Last week, Lava International announced its new Board members to drive the company’s next phase of growth and innovation.

The company’s Executive Director Sunil Raina and Chief Manufacturing Officer Sanjeev Agarwal had joined as Directors.

Former Managing Director of BSNL Anupam Shrivastava and former Lieutenant Governor of Andaman & Nicobar Islands and Puducherry Ajay Kumar Singh joined as Independent Directors, the company said.