TKIL Industries has announced the appointment of Gaurav Kumar Srivastava as its new Chief Financial Officer, effective June 1, 2026. The appointment marks an important leadership transition for the company as it continues to strengthen its financial and operational framework to support future growth and business transformation initiatives.
Mr Srivastava succeeds Ketan Pendse, who is stepping down after serving the organization for more than two decades. During his tenure, Mr Pendse played a key role in shaping the company’s financial strategy, governance practices, and long-term business development efforts. His contributions have been instrumental in supporting TKIL Industries through multiple phases of growth and expansion.
Currently serving as Executive Vice President – Finance and Taxation, Mr Srivastava brings extensive experience in financial management, taxation, treasury operations, controllership, compliance, auditing, and enterprise systems implementation. His appointment reflects the company’s emphasis on leadership continuity and the development of experienced internal talent capable of driving strategic priorities.
Over a career spanning more than twenty years, Mr Srivastava has led a range of initiatives focused on finance transformation, digital process modernization, mergers and acquisitions integration, commercial finance, and governance enhancement. His experience extends across industrial manufacturing, engineering, and renewable energy sectors, providing him with a broad perspective on managing financial performance in dynamic business environments.
Prior to joining TKIL Industries, he held senior finance leadership roles with several prominent organizations, including GE, Andritz Hydro, and Radiance Renewables. In these positions, he was responsible for overseeing key commercial and financial functions, supporting business expansion strategies, and implementing systems designed to improve operational efficiency and financial visibility.
The leadership change comes at a time when industrial companies are increasingly focusing on financial agility, technology-driven decision-making, and sustainable growth. Organizations are seeking leaders who can combine strong financial discipline with strategic insight to navigate evolving market conditions and support long-term competitiveness.
As Chief Financial Officer, Mr Srivastava will oversee the company’s financial planning, risk management, compliance, taxation, treasury operations, and business performance management functions. He will also play a central role in advancing finance transformation initiatives and supporting the company’s broader strategic objectives.
The appointment reinforces TKIL Industries’ commitment to building a resilient leadership team capable of supporting the company’s next phase of growth. By combining deep institutional knowledge with extensive industry experience, Mr Srivastava is expected to contribute to strengthening financial governance, enhancing operational excellence, and creating value for stakeholders across the organization
