Gera Developments Appoints Rajesh Shirwatkar as Chief Financial Officer

Gera Developments Private Limited (GDPL), one of the pioneers of the real estate industry and an award-winning developer of premium residential and commercial projects across India and international markets, has announced the appointment of Rajesh Yashwant Shirwatkar as Chief Financial Officer (CFO). In a parallel leadership development, Swapan Mukherjee has been elevated to the role of Group Chief Financial Officer.

In his new role, Rajesh Shirwatkar will lead the company’s financial strategy, planning, compliance, treasury management, and governance functions. His appointment is expected to strengthen the company’s financial leadership as it continues to expand operations and pursue long-term growth initiatives.

Commenting on the appointment, Rohit Gera, Managing Director of Gera Developments, said that Rajesh’s appointment marks an important milestone in strengthening the company’s leadership structure.

According to him, Rajesh brings strong financial acumen and strategic insight that will further strengthen financial processes and governance within the organization. At the same time, Swapan Mukherjee’s elevation to Group CFO reflects his valuable contributions and deep understanding of the company’s financial ecosystem. In his expanded role, Mukherjee will provide strategic financial oversight at the group level to support the company’s growth ambitions.

A Chartered Accountant by qualification, Rajesh Shirwatkar brings over 29 years of leadership experience across industries including real estate, retail, FMCG, and pharmaceuticals. His expertise spans financial reporting, treasury management, taxation, IND AS audits, performance analytics, IPO processes, internal controls, and finance automation.

Prior to joining Gera Developments, Rajesh served at Shriram Properties Limited, where he led multi-regional finance operations. During his tenure, he played a key role in implementing SAP systems and strengthening governance frameworks within the organization.

Known for his structured approach and strong compliance orientation, Rajesh is expected to play an important role in enhancing financial discipline and supporting the company’s next phase of growth.

As Gera Developments continues to expand its portfolio and strengthen leadership capabilities, the company remains focused on building robust systems and processes that support innovation, operational excellence, and long-term value creation for customers and stakeholders.

This disciplined financial approach is reflected in the company’s strong credit profile, with its ‘AA-’ long-term credit rating and ‘Positive’ outlook, reinforcing its robust financial position and governance standards while strengthening its standing as one of the highest-rated private real estate developers in India.