BAT Appoints Constantinescu as CFO,He Previously Spent 16 Years at the Company

Apr.09
BAT Appoints Constantinescu as CFO,He Previously Spent 16 Years at the Company
BAT has appointed Dragos Constantinescu as chief financial officer. Constantinescu, currently head of Asahi Europe & International, will join the company on September 1 and replace Javed Iqbal, who has served as interim finance chief since August last year

Key Takeaways

 

  • British American Tobacco has appointed Dragos Constantinescu as Chief Financial Officer.
  • Constantinescu is currently chief of Asahi Europe & International and will join BAT on September 1.
  • He will succeed Javed Iqbal, who has served as interim finance chief since August 2025.
  • Constantinescu previously worked at BAT for 16 years.

 

2Firsts, April 9, 2026

 

According to Reuters, British American Tobacco (BAT) has appointed Dragos Constantinescu as Chief Financial Officer, bringing back a former executive who previously spent 16 years at the company.

 

BAT Appoints Constantinescu as CFO,He Previously Spent 16 Years at the Company
Dragos Constantinescu | Image source: Asahi

 

To Join BAT on September 1

 

Reuters reported that Constantinescu is currently chief of Asahi Europe & International and will join British American Tobacco on September 1.

 

Former CFO Soraya Benchikh stepped down from her roles as BAT CFO and board member in August 2025. Since then, Javed Iqbal has been serving in the position on an interim basis.

 

New CFO Previously Held Multiple Senior Finance and Management Roles at BAT

 

Reuters said Constantinescu had previously worked at BAT for 16 years.

 

During his earlier tenure at the company, he held a number of senior finance and general management roles, including General Manager of Central Europe North and Finance Director and General Manager of BAT Poland.

 

Appointment Comes as BAT Pushes Smoke-Free Product Transition

 

Reuters reported that the appointment comes as British American Tobacco is continuing its shift from traditional cigarettes toward smoke-free products.

 

The company aims to reach 50 million consumers of smoke-free alternatives by 2030 and is targeting 50.00% of group revenue from such products by 2035.

 

Image source: Reuters

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