IFB Industries Limited is reshaping its leadership lineup, with the board approving two notable appointments at its April 9 meeting. Manoj Kumar Vijay has been named Additional Director in the Non-Executive Independent category for a two-year term, while Sandeep Joseph Abraham has been appointed as Additional Director, Managing Director and Chief Executive Officer for a five-year tenure. Both moves are subject to shareholder approval.
Manoj Kumar Vijay brings decades of experience across finance, administration and business management, with a 60-year background that includes a Bachelor of Commerce from Calcutta University and a Diploma in Multimedia Design. He has spent over 36 years with the USHA Martin Group in roles spanning accounts and finance, business management and HR, and serves as an independent board member of Usha Martin Education & Solutions Limited and Peterhouse Investments India Limited. He is also a Director of RW Ropeways Private Limited, KGVK Agro Limited and Redtech Network India Private Limited, and is currently a consultant with Usha Breco Limited. He is not related to any director of IFB and is not debarred from board service.
Sandeep Joseph Abraham, aged 57, is a mechanical engineer by training from REC Tiruchirapalli and holds a Post Graduate Diploma in Management from IIM Ahmedabad. A dynamic business leader with 30+ years of experience, he has driven growth across diverse industries, led businesses approaching ₹20,000 crore in size, and steered teams toward market leadership and operational excellence. His career includes roles at TAFE, GSK Consumer Healthcare, SIFY, Trident Hotels and Vodafone, and he most recently served as Vice President – Business Development at MRF for more than 11 years. He is also not related to any director of the company and is not debarred from board service.
The appointments, though major in scope, await shareholder approval, either at a General Meeting or by postal ballot. IFB’s leadership transition underscores its emphasis on experienced governance and strategic execution as it positions itself for the next phase of growth.