Mumbai, India – December 2025: JioStar has announced a significant leadership change with the appointment of G.R. Arun Kumar as its new Chief Financial Officer (CFO). The strategic hire underscores the company’s commitment to strengthening its financial foundation while accelerating growth and decision-making in an increasingly digital business landscape.
The move marks an important milestone for JioStar as it continues its transformation into a digital-first organisation. With a growing market footprint and a focus on long-term value creation, JioStar aims to balance innovation with strong financial discipline — an area where Arun Kumar’s extensive experience will be instrumental.
Strengthening Financial Agility and Governance
As the new CFO, Arun Kumar will oversee JioStar’s finance and commercial functions, including financial planning, strategy, compliance, and investor relations. His core mandate will be to drive financial agility, operational efficiency, and scalable growth while partnering closely with the company’s board, CEOs, and business leaders.
According to JioStar, the appointment is part of a broader strategic effort to build a more responsive and data-driven organisation. “Operating in a rapidly evolving digital environment requires being fleet-footed, forward-looking, and adaptable,” the company said in a statement. “Arun will play a crucial role in ensuring JioStar maintains financial flexibility, insight-driven decision-making, and the operational capacity to scale efficiently.”
The company further highlighted that Kumar’s leadership will help align its financial systems and structures with the needs of a high-growth digital enterprise. This includes enhancing real-time reporting, predictive analytics, and financial governance frameworks to enable faster, smarter decisions.
A Veteran Financial Leader with Global Experience
G.R. Arun Kumar brings nearly three decades of financial leadership experience across multinational corporations and high-growth Indian enterprises. Before joining JioStar, he served as Group CFO and Head of Strategy at Welspun Group, where he led the group’s finance, planning, mergers and acquisitions (M&A), compliance, and investor relations functions.
Throughout his career, Kumar has held key positions at renowned global organizations including:
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Unilever, where he gained deep expertise in financial planning, strategic growth, and performance management.
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Vedanta Group, one of India’s leading natural resources conglomerates, where he strengthened capital management and global finance operations.
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General Electric (GE), where he developed a strong foundation in international financial systems and governance.
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OLA, where he contributed to scaling one of India’s most successful mobility platforms, combining financial strategy with digital innovation.
This diverse and global experience equips Kumar with a unique ability to navigate the complex intersection of finance, technology, and transformation — skills that are expected to drive JioStar’s next phase of growth.
Aligning Finance with Digital Transformation
JioStar’s leadership emphasized that this appointment represents more than a traditional finance role. As part of the executive team, Arun Kumar will act as a strategic business partner, guiding the company’s financial strategy in alignment with its digital transformation journey.
His leadership will focus on integrating data-driven insights, automation, and financial analytics to improve decision-making speed and precision. This approach is expected to strengthen JioStar’s market competitiveness, improve profitability, and enable scalable expansion in both domestic and international markets.
Building for the Future
As JioStar continues to expand its presence across industries and geographies, the addition of a seasoned finance leader comes at a pivotal time. The company’s focus on financial resilience, transparency, and sustainable growth aligns with its ambition to become a global digital powerhouse.
The appointment also reflects a broader trend across India’s corporate sector — where CFOs are increasingly playing a strategic role in digital transformation, not just managing numbers but shaping the future of business through financial innovation and strategic foresight.
