Yashasvini Kumar has been promoted to group general counsel and chief compliance officer at Innoterra, an Indo-Swiss food and technology platform, taking up a global role within the company.
Kumar takes over from Peter Ackermann, who will move to the role of strategic adviser. She will be a central figure in ensuring strategic growth and driving business initiatives across the group, based out of Mumbai and Switzerland, and will continue duties as co-CEO for the India arm of the company.
“I’m honoured that the board has placed its trust in me,” said Kumar. “In my previous engagements as an M&A lawyer, I regularly dealt with cross-border transactions that involved elements of foreign law. However, having overall responsibility for the legal and compliance function across so many international jurisdictions will pose a unique challenge.”
The Innoterra legal team consists of two lawyers in Switzerland, four lawyers in India, and three company secretaries. “We are looking to hire another three lawyers as soon as possible,” said Kumar.
Prior to the promotion, Kumar’s responsibilities as chief legal officer and chief compliance officer were limited to India. “My role has now expanded to cover the group’s businesses in the Middle East, Philippines and China,” she said. “I will also be looking after the legal and regulatory aspects of the group’s parent company and holding companies in Switzerland, Singapore and Mauritius. As a result, I intend to spend three to four months in a year working from our offices in Switzerland.”
Kumar joined Innoterra in 2017, when the company was known as Pioneering Ventures. Prior to that, she had worked with Platinum Partners and Trilegal.