In a move that underscores the company’s financial leadership, Aarti Pharmalabs Limited announced that Vibha Thakkar will take over as Chief Financial Officer on October 31, 2026, as Piyush Lakhani steps down from the role and will be relieved at the close of business on October 30, 2026. The change follows the board’s approval of the appointment after recommendations from the Nomination and Remuneration Committee and the Audit Committee, signaling a focused transition in the company’s finance leadership.
Vibha Thakkar is a Chartered Accountant with more than 18 years of progressive experience across finance functions in diverse sectors including specialty chemicals, FMCG, automotive, pharmaceuticals, and Big Four advisory. She most recently held the position of AVP – Finance & Accounts at NOCIL Limited, and has previously served in senior roles at VIP Industries, Greaves Cotton Limited, Sandoz Private Limited, and KPMG. She holds a Bachelor’s degree in Commerce and has completed the General Management Program at the Indian School of Business. Notably, she was featured in the 2025 “40 Under 40” list by Tradeflock.
The outgoing CFO, Piyush Lakhani, has resigned to pursue an alternate career opportunity and will finalize his exit by October 30, 2026. The board’s leadership move to appoint Thakkar aims to ensure continuity and strategic momentum in the company’s financial planning and oversight as it navigates its growth agenda.