Ashish Adukia

Accorded Group CFO of the Year Award by the Economic Times - 2024. Featured in Fortune India 40 under 40 list in 2016 and AsiaOne 40 Most Influential Asians under 40 Award (Jan 2018). Accomplished Leader Awardee 2017 at Aditya Birla Group. Currently, Global CFO of Cipla Limited and a member of Global Management Council. Responsible for entire global operations of over 100 countries, with focus on delivering growth agenda of Cipla. The CFO journey started at Grasim Industries Limited, a diversified conglomerate with business spanning textiles, chemicals, cement and financial services, a flagship company of Aditya Birla Group, as one of the youngest CFOs of large cap listed company. Member of CII National Committee of CFOs (2021-23). Leader and Trustee of AWOO Foundation, supporting under-privileged scholars for higher education. Previously, responsible for Aditya Birla Group’s initiatives in the areas of strategic initiatives, M&A, capital raising, group restructuring. I advise Group Chairman and Group Business Heads in formulating a view on Group’s business portfolio architecture, meeting growth aspirations ensuring quality of such growth, optimizing capital allocation/rebalancing and cost of capital. Led 30 deals amounting to over US$40 bn in 5 years. Prior to Aditya Birla Group, I was heading Basic Materials and Infrastructure Group as an Executive Director at Morgan Stanley India Investment Banking. I have extensive experience having advised Indian and Multinational Corporates on numerous capital raising and M&A transactions while I worked with Morgan Stanley, Citigroup and PriceWaterhouseCoopers. I hold Bachelor of Commerce degree from Sydenham College of Commerce and Economics, post which he completed his Chartered Accountancy and a Master’s degree in Management Studies from one of the premier management institute of India - Jamnalal Bajaj Institute of Management studies (JBIMS).