New Delhi: Safex Chemicals, part of Safex Group and a player in the specialty chemicals sector, has announced the appointment of Richa Malhotra as its Group Chief Financial Officer (CFO). In her new role, Malhotra will lead the company’s financial strategy, capital architecture and governance framework as Safex accelerates its next phase of expansion across specialty chemicals and global agrochemicals.
A Chartered Accountant and graduate of Shri Ram College of Commerce at University of Delhi, Malhotra brings more than two decades of experience spanning business finance, planning and strategy, corporate banking and strategic client management.
Prior to joining Safex Chemicals, she served as Executive Director, Financial Markets at Standard Chartered Bank, where she led high-performing teams across India and Sri Lanka. Her expertise includes capital structuring, treasury and risk management, financial markets-led financing solutions and strategic execution, having worked closely with commercial banking clients, global subsidiaries and major international corporations.
Commenting on the appointment, Piyush Jindal, Promoter Director and Joint Managing Director at Safex Group, said, “Safex stands at an inflection point. We are scaling an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions and her strategic rigour will sharpen our financial discipline and unlock value across the group. Her appointment reflects our commitment to world-class governance as we pursue our growth agenda.”
Malhotra is expected to play a key role in strengthening the group’s financial discipline as it navigates capital deployment across its three core verticals, reinforces its balance sheet ahead of anticipated market milestones and expands operations from India to global markets.
Speaking on her appointment, Richa Malhotra said, “I am as excited as I am proud to be a part of Safex- an organisation with a 35-year track record rooted in integrity, innovation and deep agricultural insight. I look forward to the journey ahead.”
