Gurgaon, February 20, 2024 – The JSW Group, a leading diversified conglomerate with interests spanning steel, energy, cement, infrastructure, paints, sports, venture capital, defence and electric vehicles is pleased to announce the elevation of Mr. Kaustubh Kulkarni as the Group Head of Banking, with immediate effect. In addition to his existing responsibilities as Group Head of M&A and Strategic Financing, Mr. Kulkarni will now oversee banking relationships across the Group Business Verticals.
Mr. Kulkarni brings over 27 years of experience in banking and finance to his new role. He joined the Group in 2017 as the Group Head of M&A and Strategic Financing and has since been instrumental in executing several large strategic acquisitions. Prior to joining JSW, Mr. Kulkarni served as Managing Director – Debt Capital Markets at Standard Chartered Bank, India.
“We are delighted to appoint Mr. Kaustubh Kulkarni as the Group Head of Banking,” said Mr. Parth Jindal. “His proven track record in financial management and deep understanding of banking relationships will be invaluable as we navigate our growth trajectory. We are confident that under his leadership, we will optimize our financing strategies to support the Group’s ambitious expansion plans.”
About JSW Group: The US$ 23 billion JSW Group is ranked among India’s leading business houses. JSW’s innovative and sustainable presence in various sectors including Steel, Energy, Infrastructure, Cement, Paints, Ecommerce, Venture Capital and Sports is helping the Group play an important role in driving India’s economic growth. The Group strives for excellence by leveraging its strengths & capabilities including a successful track-record of executing large capital-intensive & technically complex projects, differentiated product-mix, state-of-the-art manufacturing facilities and greater focus on pursuing sustainable growth. With a culturally diverse workforce spread across India, USA, Europe and Africa, JSW Group directly employs nearly 40,000 people. It also has a strong social development focus aimed at empowering local communities residing around its Plant & Port locations. JSW Group is known to create value for all its stakeholders by combining its growth roadmap, superior execution capabilities and a relentless drive to be #BetterEveryday.
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