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Sterlite Appoints Monica Madan as Chief Financial Officer
Mar 11, 2025
Sterlite has announced the appointment of Monica Madan as its new Chief Financial Officer (CFO), succeeding Parag Jain. She brings over two decades of experience across Fortune 500 companies like McAfee, Microsoft, and Shell, and most recently served as CFO of Schneider Electric Ireland.
Key Highlights:
- Industry Experience: Extensive leadership roles across India, Southeast Asia, the US, and Europe.
- Focus Areas: Financial transformation, business growth, and operational efficiency.
- Advocacy: Strong supporter of women empowerment, diversity, and mental well-being.
Reshu Madan, CEO, Sterlite, stated: “Monica’s global experience and financial expertise make her the right leader to support Sterlite’s expansion and strengthen our market position.”
Monica Madan, CFO, Sterlite, commented: “I look forward to enhancing financial excellence and driving operational efficiency to strengthen Sterlite’s leadership in power transmission.”
Her appointment aligns with Sterlite’s growth strategy as it continues to scale operations globally in power conductors, extra-high voltage (EHV), high voltage (HV), and medium voltage (MV) cables, as well as optical ground wires (OPGW).