3M Appoints Nikhil Arora As CFO, Radhika Rajan Named Chairperson Of Board
The company announced these decisions through an exchange filing after its Board of Directors’ meeting.
3M India Ltd. on Thursday announced several key leadership changes, including the appointment of Nikhil Arora as Chief Financial Officer and Key Managerial Personnel, effective May 5. The company announced these decisions through an exchange filing after its Board of Directors’ meeting.
Arora, a finance professional with over 25 years of experience, has held senior leadership roles in prominent multinational companies. Before joining 3M, he served as the Global CFO at Honeywell Technology Solutions. He also held significant positions, including CFO for India and the rest of Asia for Honeywell’s Building Automation business and leadership roles in Hewlett Packard Enterprise, Thermo Fisher Scientific, Dell India and Singapore, and Hindustan Lever. Arora is a Certified Public Accountant from the USA and a Cost and Management Accountant from ICWAI, India.
In addition, the Board unanimously appointed Radhika Rajan, Non-Executive Independent Director, as the Chairperson of the Board, effective March 26.
The company also appointed Jayanand Vasudeorao Kaginalkar as an Additional Director, designated as Whole-time Director, for a period of two years starting April 1, until March 31, 2027. Kaginalkar, who has been with 3M since 2007, was last serving as Business Supply Chain Director for the Safety and Industrial Business Group for Asia at 3M Innovation, Singapore. He brings extensive supply chain and manufacturing leadership experience, including stints in India and Brazil.
Further, Ms. Jung Hyun Kim was appointed as an Additional Director, categorised as a Non-Executive and Non-Independent Director, effective April 1, 2025. Ms. Kim currently serves as the Human Resources Director for 3M Asia and has over 25 years of HR leadership experience across the region. In her role at 3M, she has overseen HR operations and strategy for Asia, focusing on aligning people and talent strategies with business objectives.
Shares of the company closed 0.25% lower at Rs 27,880.30 per share, compared to a 0.33% decline in the NSE Nifty 50. It has fallen 7.82% in the last 12 months.
