Sterlite Group Appoints Sumil Mathur As Group Chief Financial Officer (CFO)

Sterlite Electric, a capital goods manufacturer and system integration solutions provider; Resonia Ltd., a power transmission infrastructure developer; and Serentica Renewables, the group's renewable energy company in India, have appointed Sumil Mathur as Group Chief Financial Officer (CFO).

With nearly three decades of leadership experience, Sumil will drive the Group’s financial strategy, governance, and capital framework. In a press release, Sterlite Electric said Sumil Mathur would be overseeing risk management and financial transformation to enable sustainable growth and long-term value creation across businesses. 

Previous Experience

Before joining the Group, Sumil served as Chief Financial Officer and Chief Operating Officer at EMAAR India Limited, where he played a pivotal role in shaping and executing its post-demerger strategy. His tenure was marked by strengthened financial and operational discipline, value creation through asset monetisation, and the development of scalable project pipelines aligned with long-term business objectives.

Earlier in his career, Sumil held senior leadership roles with leading organisations, including HCL, Indus Towers, Airtel, and JCB, gaining extensive exposure across infrastructure, real estate, telecommunications, and manufacturing. His experience spans large-scale project execution, capital planning, and aligning financial frameworks with operational and strategic priorities. 

Leadership View

Commenting on the appointment, Pratik Agarwal, Managing Director, Sterlite Electric, and Chairman, Resonia Limited and Serentica Renewables, said, “We are pleased to welcome Sumil Mathur as Group CFO. His deep expertise across financial leadership, governance, and complex transformations will be invaluable as we scale our platforms and reinforce strong foundations to support our growth ambitions.”

Speaking on his appointment, Sumil Mathur said, “I am excited to join the Group at a time when it is playing a critical role in strengthening power infrastructure and accelerating India’s energy transition. I look forward to working closely with the leadership team to enhance financial resilience, enable strategic growth, and create long-term value for all stakeholders.”