Bombay Dyeing taps Niraj Kumar as CFO and Chief Risk Officer to drive retail turnaround

The Wadia Group textile and retail company has appointed Niraj Kumar — formerly with Adani Airport Holdings, EY, Go Airlines and Vodafone — as CFO and Chief Risk Officer. His mandate centers on strengthening the retail segment, business transformation and operational agility.

— Source publishedThu, 4 Jun, 2026, 17:13 IST·First seen Sun, 7 Jun, 2026, 06:39 IST·Source IMAGES Business of Fashion

What happened

Bombay Dyeing has appointed Niraj Kumar as CFO and Chief Risk Officer. He will focus on strengthening the retail segment, business transformation, and

Why this matters

A new CFO with airports, telecom and Big Four pedigree often precedes portfolio rationalization or capital restructuring, opening potential windows for partnership, divestiture or real-estate monetization conversations with Bombay Dyeing's retail unit.