VIP Industries appoints Manish Desai as CFO; reassigns Neetu Kashiramka as MD

Desai was previously working with Voltas as head of corporate finance.

VIP Industries, a luggage maker company, has appointed Manish Desai as chief financial officer (CFO), and re-designated Neetu Kashiramka as the managing director of the company, both effective from February 14, 2024.

Manish Desai has an experience of over 25 years covering various sub functions of business and finance like project finance, revenue/ financial accounting including consolidation, MIS, treasury, statutory/ internal audit, direct and indirect tax, USGAAP financials including participation in management review and board meetings.

In his last assignment, Manish was working with Voltas as head of corporate finance, wherein his roles involved strengthening control across all divisions, risk management, partnering in various strategic initiatives including capital allocation, driving annual budget performance, treasury operations involving borrowing, currency hedging and insurance, property cell, shared service function, indirect tax, investor relationship, accounts consolidation and working closely with statutory and internal auditors on critical matters and actively participating in the audit committee and board meeting along with CFO.

Before joining Voltas, Manish has worked with MIRC Electronics, BPL Mobile Communications. He holds a Chartered Accountancy qualification from the Institute of Chartered Accountants of India, New Delhi.

Neetu Kashiramka joined VIP Industries on April 7, 2020, as chief financial officer of the company. She was then appointed as executive director and chief financial officer of the company, effective May 8, 2023. Furthermore, she was elevated to the position of designate managing director and chief financial officer, effective November 14, 2023.

She is a qualified Chartered Accountant with over 26 years of post-qualification experience. She brings in more than two decades of experience in the corporate finance function across several organisations. Before joining the company, she was associated with various reputed organisations such as Greaves Cotton, Jyothy Labs, and Kewal Kiran & Company.