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Sridhar Ramamurthy replaces interim CFO Mustafa Tercan

Snacking giant Pladis has named Unilever veteran Sridhar Ramamurthy as its chief financial officer (CFO).

Ramamurthy, who joins the Yildiz Holding Group-owned company today, has held finance roles at Unilever across three decades.

He replaces interim CFO Mustafa Tercan, who continues to be chief financial officer of Yildiz Holding Group.

The McVitie’s manufacturer said Ramamurthy was joining at a time of focus on driving innovation to increase revenues, improve operating capabilities, capture productivity and enhance profitability.

He assumse responsibility for leading financial management and other related functions spanning financial planning and forecasting, audit, tax, treasury and shared services across all parts of the group and in all locations.

Ramamurthy held key leadership positions in emerging and mature markets, including India, Singapore and the UK when he worked for Unilever.

He was finance controller for Unilever’s largest region - Asia Africa - and chief financial officer for Hindustan Unilever - the largest fmcg company in India.

He held senior finance responsibilities for Unilever in the UK including group treasurer and executive vice president, enterprise solutions where he was responsible for shared services covering finance, human resources, supply chain and workplace.

He had a proven record of developing and building talent - a top priority at the company, Pladis said.

“Sridhar is a seasoned and respected financial executive who brings a deep and wide-ranging array of consumer product expertise and experiences as we continue our strategic transformation to grow our company,” said Pladis chief executive Salman Amin.

“He has earned a reputation as a strong and versatile leader who has consistently demonstrated the financial and business acumen that makes him uniquely qualified to be our CFO.”

Ramamurthy added: “I look forward to bringing my financial and market knowledge to the company and being part of a team that will introduce our beloved brands to even more consumers across the world.”