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Safex Group appoints Richa Malhotra as Group CFO

Former Standard Chartered executive to lead financial strategy and governance as Safex expands across specialty chemicals and agrochemicals

BY TEAM IMPACT
Published: Mar 16, 2026 2:54 PM 
Safex Group appoints Richa Malhotra as Group CFO

Safex Chemicals has appointed Richa Malhotra as its Group Chief Financial Officer, as the company prepares for its next phase of growth across specialty chemicals and global agrochemicals.

Malhotra will oversee the company’s financial strategy, capital planning and governance framework. Her appointment comes at a time when the group is expanding its presence across branded formulations, specialty chemicals and contract manufacturing.

A Chartered Accountant and graduate of Shri Ram College of Commerce, Malhotra has more than two decades of experience in business finance, corporate banking, financial markets and strategy.

Prior to joining Safex, she served as Executive Director, Financial Markets at Standard Chartered Bank, where she worked across India and Sri Lanka, leading teams and advising corporates on capital structuring, treasury and risk management.

Announcing the appointment, Piyush Jindal, Promoter Director and Joint Managing Director at Safex Group, said the company is entering a critical phase of expansion and needs stronger financial discipline and strategic oversight.

“Safex stands at an inflection point as we scale an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will help strengthen our financial framework and support our growth plans,” he said.

Malhotra said she looks forward to contributing to the company’s growth journey. “Safex has built a strong reputation over the past 35 years with a focus on innovation and agricultural solutions. I am excited to be part of the organisation as it expands its global footprint,” she said.

Safex Chemicals operates across crop protection, specialty chemicals and contract development and manufacturing (CDMO) solutions. The company has operations in more than 20 countries and has grown through a mix of organic expansion and strategic acquisitions.

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  • Safex Chemicals
  • Safex Group
  • Piyush Jindal
  • Richa Malhotra
  • Standard Chartered Bank

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