Allied Blenders and Distillers Limited (“ABD”) has appointed Jayathirtha Mukund as Head – Investor Relations and Chief Risk Officer. The organisation is in the process of an initial public offering.
Mr. Mukund will be responsible for investor management and relations, risk management practices and environmental, social and governance reporting. His experience will also be instrumental in enhancing ABD’s risk strategies and enabling best practices in compliance.
Prior to joining ABD, Mr. Mukund was associated with Raymond Limited, Reliance Communications Ltd., Adventity Global Services Pvt. Ltd., Vodafone Essar Ltd, Stratcap Securities (India) Private Limited and Zuari Cement Ltd.
Commenting on the appointment, Alok Gupta, Managing Director, ABD said, “We’re focused on being ‘future-ready’ and we welcome Mukund on board.”
ABD is the largest Indian-owned Indian-made foreign liquor (“IMFL”) company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2022, with major brands like Officer’s Choice, Sterling Reserve, ICONIQ White Whiskies and Kyron Premium Brandy, and looks forward to strengthening its position in-market and drive sustainable growth.
