New Delhi: DLF Limited, India’s largest publicly listed real estate company, has announced the appointment of Badal Bagri as its Chief Financial Officer (CFO). His appointment was finalized following the recommendations of the Nomination and Remuneration Committee and the Audit Committee, emphasizing his exceptional credentials and vast expertise in financial management.
Badal Bagri is a seasoned Chartered and Cost Accountant, bringing over 30 years of experience in diverse areas such as corporate finance, controllership, treasury, financial planning and analysis, tax, mergers and acquisitions, investor relations, strategic planning, and risk management. Bagri’s extensive experience spans various high-profile organizations and sectors, making him a valuable addition to DLF’s leadership team.
Before joining DLF, Bagri served as the Business Head for the electronics vertical at Reliance Retail Limited, where he demonstrated his capability in managing large-scale operations. He has also held the position of CFO at Bharti Airtel Limited, one of India’s leading telecommunications companies. His earlier roles included finance leadership positions at Genpact and GE India, where he honed his skills in financial strategy and operational excellence.
DLF Limited, established in 1946, has a rich legacy in real estate development. The company initially focused on creating 22 urban colonies in Delhi before expanding its operations in 1985 to the region now known as Gurugram. Today, DLF has a strong portfolio of residential, commercial, and retail properties spread across 15 states and 24 cities in India, cementing its position as a market leader in the real estate sector.
Bagri’s appointment signals DLF’s continued commitment to strengthening its leadership team and maintaining its position at the forefront of India’s real estate market. His expertise is expected to play a key role in driving the company’s growth and enhancing financial performance.
