Sterlite has introduced Monica Madan as its new Chief Financial Officer (CFO), succeeding Parag Jain, the company revealed on Monday. Reshu Madan, Sterlite’s CEO, highlighted Monica’s exceptional global expertise and financial proficiency as key assets for the company’s growth journey. He stated, “As Sterlite expands its footprint in global power transmission markets, Monica’s leadership will play a pivotal role in scaling operations and delivering sustained value.”
1. Extensive Experience Across Industries
Monica Madan brings over two decades of experience in senior financial roles with renowned Fortune 500 companies. Her career includes significant positions at McAfee, Microsoft, and Shell, where she oversaw operations in regions such as India, Southeast Asia, the United States, and Europe. Before joining Sterlite, she was the CFO of Schneider Electric Ireland, where she spearheaded major financial transformation initiatives and contributed to business growth.
2. Sterlite’s Global Expertise in Power Infrastructure
Operating in more than 70 countries, Sterlite is a prominent name in power infrastructure solutions. The company specializes in producing advanced power conductors, optical ground wires, and cables for high, medium, and extra-high voltage applications. Its innovative solutions have established it as a leader in the field of power transmission.
3. Vision for the Future
With Monica Madan at the financial helm, Sterlite aims to enhance its position in the global market while driving operational excellence and creating long-term value for stakeholders. Her appointment signifies Sterlite’s commitment to strengthening its leadership team as it embarks on its next phase of growth.