In this role, Richa will entrepreneurially drive the new business, including ECube’s strategy and implementation of ESG assessment and engagement.
Investment Advisors, ECube an Environment, Social and Governance (ESG) platform today announced the appointment of Ms Richa Arora as Managing Partner and CEO of its ESG Stewardship Services Business.
In this role, Richa will entrepreneurially drive the new business, including ECube’s strategy and implementation of ESG assessment and engagement. The target market for ESG Stewardship Services will include foreign and domestic investors with portfolios of companies in India, as well as individual companies seeking to enhance their ESG performance.
Richa brings more than 30 years of very relevant work experience to her new role. A business transformation leader with deep understanding of strategy, marketing and operations, she has built businesses and brands from scratch, nurturing them from inception, and scaled up established businesses.
She was responsible for the transformation of the Consumer Products Business of Tata Chemicals and later led the packaged foods business in India as President - Packaged Foods at Tata Consumer Products Ltd. She is widely credited with the growth of the foods business, launching Tata Sampann as the face of the foods business beyond salt and strengthening the position of Tata Salt. Richa has also served as a director on the Boards of Tata Unistore, the Tata Group’s e-commerce venture, and Tata NourishCo. Previously, Richa ran her own boutique strategy consulting firm, Five by Six Consulting, helping companies grow new and small brands.
Welcoming Richa, ECube Chairman, Dr Mukund Rajan, said “Richa has had a stellar career in the corporate world, and brings deep experience across domains. She has demonstrated very practical business judgment throughout her career and will be a huge asset in steering our stewardship services business.” For Richa, “ECube is at the forefront of what India really needs today, which is making ESG efforts intrinsic to business. I am delighted to join the leadership team at ECube and look forward to working with a team of very eminent and knowledgeable industry veterans.” Richa is a graduate in Economics from Shri Ram College of Commerce (Delhi University) and has an MBA from IIM Ahmedabad. She was a Chevening scholar at the London School of Economics.