Shri Manoj Kumar Bansal, Chief Transformation Officer has also been designated as Chief Risk Officer w.e.f. 13-05-2025.
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RSWM Limited has appointed Shri Manoj Kumar Bansal as the Chief Risk Officer (CRO) of the company with effect from 13th May 2025, on the recommendation of the Risk Management Committee. This is an additional designation; he already serves as the company's Chief Transformation Officer since 28th February 2025. Mr. Bansal brings over three decades of textile industry experience, with senior leadership stints at Vardhman Group (where he spent over 20 years), Trident Group, and AYM Syntex Limited. He holds an MBA in Marketing & Finance and is an alumnus of ISB Hyderabad, Oxford's Said Business School, and IMD Switzerland. There is no relationship disclosed between Mr. Bansal and any director of the company.
This is a routine internal role expansion and not a fresh hire, suggesting management continuity. Consolidating transformation and risk oversight under one experienced textile veteran may strengthen execution and risk discipline, but it carries no immediate material impact on shareholders or stock price.