Castrol India Appoints Deepesh Baxi As CFO

Castrol India Appoints Deepesh Baxi As CFO

Castrol India Limited, an automotive lubricants company, has announced that Deepesh Baxi will succeed Rashmi Joshi as Chief Financial Officer (CFO) and Wholetime Director, as she steps down from her current position on December 31, 2020.


Baxi, who is currently Financial Controller for Castrol’s businesses globally, will take up the role and join the Board on January 1, 2021. Joshi will move to another leadership position after having served Castrol India for seven years as CFO and Wholetime Director.


Baxi is a Chartered Accountant with over two decades of industry and consulting experience. He is also an alumnus of Indian Institute of Management (IIM), Ahmedabad and a Certified Internal Auditor (CIA) from Institute of Internal Auditors, USA. He has worked in international markets including UK and Asia Pacific in several leadership roles spanning across finance, strategy, M&A, planning, audit, risk & compliance as well as business transformation.



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