Chambal Fertilisers and Chemicals Ltd. (CFCL), Gadepan, India, on July 20 announced the appointment of Abhay Baijal as Managing Director, replacing Gaurav Mathur, who resigned from the position to pursue other opportunities outside of the company, CFCL announced through an exchange filing.
Baijal has more than 38 years of industry experience, starting in 1983 as an engineer with Hindustan Unilever Limited before moving to other roles with various companies, including Credit Rating Information Services of India Ltd. and Birla Home Finance Ltd. He joined CFCL in 2003 and retired as the company’s Chief Financial Officer on Jan. 31, 2023. Baifal will serve in his new role for a period of two years, starting on July 21, 2023.