Radico Khaitan Limited has announced a major leadership restructuring within its finance function, appointing Chief Financial Officer Dilip K. Banthiya as Executive Director and elevating Saket Somani to Deputy Chief Financial Officer. Both appointments became effective on October 28, 2026, as the company strengthens its leadership structure to support premiumisation, international expansion and long-term business growth.
Banthiya has joined the company’s Board as a Whole-time Director, designated Executive Director and Chief Financial Officer. In his expanded role, he will provide Board-level oversight of financial strategy, corporate governance and capital allocation. Somani, who previously served as Senior Vice President – Finance & Strategy, will take on wider responsibilities covering financial planning, investor relations, capital markets, strategy and digital transformation.
Commenting on the appointments, Managing Director Abhishek Khaitan said Banthiya had played a central role in the company’s transformation and that his presence on the Board would strengthen financial strategy and governance as Radico Khaitan expands its premium portfolio. He also highlighted Somani’s market-facing experience and technology-led approach as important to developing the company’s future financial leadership.
Banthiya brings more than 35 years of experience in corporate finance, mergers and acquisitions, international fundraising, treasury, risk management and corporate restructuring. A Fellow Member of the Institute of Chartered Accountants of India (ICAI), he has been associated with Radico Khaitan for over 18 years. During this period, he has led the finance function, strengthened governance frameworks and supported successive phases of business expansion.
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The leadership changes are intended to strengthen financial governance, strategic decision-making and investor engagement as Radico Khaitan advances its premiumisation strategy and global brand-building ambitions. The company expects the combination of Banthiya’s extensive financial experience and Somani’s broader strategic responsibilities to support its next phase of sustainable growth.
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