Castrol India appoints Mrinalini Srinivasan as CFO

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Mumbai, July 7 (BVI) Castrol India Limited has appointed Mrinalini Srinivasan as its new Chief Financial Officer, with effect from July 28.

She succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities, the company said in a statement today.

Mrinalini joins Castrol with over 17 years of experience at P&G India, a publicly listed entity, where she held a range of leadership roles across business units and geographies—including Asia, the Middle East, and Africa.

Over the years, she has led strategic planning, business forecasting, compliance, and commercial finance assignments—building both financial resilience and operational discipline across the organisation.

In her most recent role, she served as the Chief Financial Officer for the Hygiene and Health business and was also the Group Controller at P&G India.

Beyond her core finance responsibilities, Mrinalini has been an advocate for inclusive workplaces—having led Diversity, Equity and Inclusion efforts at P&G India. She is an alumna of FMS Delhi and a gold medalist in engineering from SGSITS Indore.

“It is a privilege to be part of a company with such a rich legacy and strong values. I look forward to working with colleagues across Castrol,” said Mrinalini Srinivasan.

Welcoming Mrinalini to the team, Castrol India Managing Director Kedar Lele said, “As we continue to transform our business, the finance function remains critical to enabling this journey—through discipline, agility, and forward-looking decision support. Mrinalini’s experience in navigating complex business environments and driving alignment across teams will be a real asset. We are pleased to welcome her to the leadership team.” (BVI)

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