Castrol India appoints Mrinalini Srinivasan as CFO

Mrinalini Srinivasan joins Castrol with more than 17 years of experience at P&G India where she held a range of leadership roles across business units and geographies 

Mrinalini Srinivasan joins Castrol with more than 17 years of experience at P&G India where she held a range of leadership roles across business units and geographies 
| Photo Credit: Special Arrangement

Castrol India Ltd. has announced the appointment of Mrinalini Srinivasan as its new Chief Financial Officer, effective July 28. She succeeds Deepesh Baxi, who moved on from the role in March to pursue other opportunities.

She joins Castrol with more than 17 years of experience at P&G India 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.

Kedar Lele, Managing Director, Castrol India , 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.”

As the Chief Financial Officer, Mrinalini will lead Castrol India’s financial function and be a key member of the leadership team. She will help shape and support Castrol’s strategy, oversee financial planning, and guide risk and governance practices.

Ms. Srinivasan will work closely with the interim CFO Vishal Thakkar through August to ensure a smooth handover. 

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