In a move aimed at strengthening its strategic execution, Raymond Limited has named Deepal Shah as President – Strategy & Special Projects, effective July 31, 2026. The appointment signals the company’s intent to sharpen its group-wide strategic initiatives and coordinate high-impact projects across functions.
Shah brings a Chartered Accountant background and advanced management training from the Indian School of Business, Jamnalal Bajaj Institute of Management Studies, and Kellogg School of Management. He carries more than two decades of leadership experience in CEO and CFO roles across global and Indian markets, with a proven track record in steering large-scale IT transformation programs, managing acquisitions, and guiding mergers and alliances that shape corporate growth trajectories.
His professional remit spans finance, IT, strategic planning, and business development, underscoring a cross-functional approach to enterprise strategy. In prior engagements, he has served with All Cargo, DHL, and ITC Group, bringing a blend of financial discipline, operating scale, and transformative program leadership that Raymond says will be pivotal as it pursues group-wide strategic initiatives.
Industry observers may view this move as a deliberate effort by Raymond to infuse senior-level strategic execution with a hands-on tilt toward transformation and growth. Shah’s arrival underscores a broader emphasis on aligning finance, technology, and strategy to accelerate the company’s roadmap in a highly competitive market landscape.