Mumbai: Swedish home furnishings retailer IKEA has appointed Murali Iyer as its new chief financial officer for its India business. He will be part of the IKEA India leadership team reporting to the CEO and chief sustainability officer Susanne Pulverer.

Murali takes over from Preet Dhupar who has moved into a global role within Ingka group which is the parent company of IKEA.

In the new role of chief financial officer, Murali will lead IKEA India’s CFO function with purpose towards profit, leading the finance controlling, business navigation, legal, tax, customs, and business risk & compliance teams.

Murali brings with him over 22 years of successful track record in financial leadership, having worked with the Volvo Group in India and Sweden in multiple roles. With a keen business acumen and curiosity to learn, his experience across geographies and cultures has enabled businesses to overcome challenges for an inclusive growth.

Commenting on his appointment Murali Iyer, said, “I am excited to begin my journey in IKEA India and contribute to its ongoing growth journey. We are focusing on our priority markets and building a strong home furnishings foundation through our omnichannel expansion to be more accessible, affordable, and sustainable for the many people.”