3M India Limited at its board of directors meeting held on January 29, 2025, accepted the resignation of Ms. Vidya Sarathy as Chief Financial Officer (Key Managerial Personnel) of the Company with effect from January 29, 2025 to pursue opportunities outside the company. The company also appointed Mr. Prasad Balakrishnan as interim Chief Financial Officer and Key Managerial Personnel of the Company with effect from January 30, 2025. Mr. Prasad Balakrishnan will take care of all compliances related to financial matters and other related compliances, rules and regulations as may be applicable to the Company from time to time, and as advised by the Audit Committee and the Board of Directors of the Company.
Mr. Prasad Balakrishnan has about 22 years of experience of working in senior finance positions. During his last 16 years in 3M, He has held several finance positions such as Finance Manager, Internal Audit head and currently as Finance Controller. Prior to joining 3M, he worked with Metro Cash and Carry for 6 years in various roles of Finance.
His experience runs across broadly in the finance function, including Accounting and Controlling, Financial Planning, Treasury, M&A, Taxation and related compliance roles. Mr. Prasad Balakrishnan holds a Bachelor's Degree in Commerce from Bangalore University and is a qualified Chartered Accountant.
