TKIL Industries has announced the appointment of Gaurav Kumar Srivastava as its new Chief Financial Officer (CFO), effective June 1, 2026. He succeeds Ketan Pendse, Chief Financial Officer and Whole-time Director, who is stepping down after more than two decades with the company.
The appointment marks a significant leadership transition within the engineering and industrial solutions company as it looks to strengthen its financial and operational capabilities through internal leadership development.
Srivastava currently serves as Executive Vice President, Finance & Taxation at TKIL Industries and brings more than 20 years of experience across finance, taxation, treasury, controllership, audits, compliance, and enterprise resource planning (ERP) implementation.
A Chartered Accountant by qualification, Srivastava has built an extensive career spanning multiple sectors and finance functions. Throughout his professional journey, he has led strategic initiatives involving finance transformation, process automation, mergers and acquisitions integration, commercial finance, operational governance, and digital transformation programs.
Before joining TKIL Industries, he held leadership roles at organizations including GE, Andritz Hydro, and Radiance Renewables, where he managed key finance and commercial operations across industrial and renewable energy businesses.
Commenting on the transition, Vivek Bhatia, Managing Director & CEO, TKIL Industries, acknowledged Pendse’s long-standing contribution to the company. “I would like to thank Ketan Pendse for his outstanding contribution to TKIL Industries over 20 years and wish him the very best for his future endeavours.”
Bhatia also highlighted the company’s focus on nurturing leadership from within. “Gaurav’s appointment reflects our continued focus on strengthening internal leadership and building a future-ready organisation. His extensive experience across finance, transformation, controllership, compliance, ERP implementation, and strategic business partnering will further strengthen our financial and operational capabilities. Gaurav is a highly experienced and accomplished leader and more importantly, a wonderful person and colleague to work with.”
