India's Chief Financial Officers

The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22

Banking regulator flags conflict of interest concern

Joshi will take over on October 1

UCO Bank on Wednesday said it has designated Sujoy Dutta as the new chief financial officer with immediate effect. "Sujoy Dutta, deputy general manager of our bank, has been designated as new Chief Financial Officer (CFO) of the bank with immediate effect in place of Shashi Kant Kumar, general manager of the bank," UCO Bank said in a regulatory filing. Dutta holds a bachelor degree in commerce from Calcutta University and he is a member of the Institute of Chartered Accountant of India (ICAI). Prior to his present position as deputy general manager (Finance) at bank's head office, Kolkata, he was zonal head of bank's New Delhi zonal office, the state-owned lender said. Another lender J&K Bank said that government of Jammu & Kashmir vide an order dated May 17, 2022 has nominated Vivek Bhardwaj, additional chief secretary, Finance Department as government nominee director on the board of directors of the bank, in place of Atal Dulloo, (additional chief secretary) with effect ...

According to the survey, M&A was considered as a key growth driver for FY22

While Anil Agarwal-led Vedanta Group has picked up Videocon Industries for Rs 2,962 crore, the bids for overseas assets are yet to be decided.

Tata group consumer durables major Voltas Ltd on Monday said it has appointed Jitender P Verma as its chief financial officer (CFO). Verma, who was the senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who has decided to separate from the services of the company due to personal commitments, Voltas Ltd said in a regulatory filing. His appointment is with effect from July 19, 2021, it added. With over three decades of experience in organisations ranging from Asian conglomerates to American and European multinationals, Verma has worked in diversified manufacturing sectors, FMCG - food, agro, retail, electronics, and infrastructure, the company said. He was also Executive Director and Group CFO of Jindal Stainless Ltd. His expertise is "in the area of business strategy and planning, merger and acquisitions, P&L enhancement, restructuring, JV and strategic ..

Many mid-sized firms don't take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee will weaken again and hit 80 to the dollar

Vedanta on Monday said G R Arun Kumar has resigned as chief financial officer (CFO) of the company. The company will announce the effective date of relieving of Kumar and details of the successor in due course, Vedanta Ltd said in a filing to BSE. "The board has taken note of the resignation of GR Arun Kumar from the post of Whole-Time Director & Chief Financial Officer of the company to pursue career outside of the Group," Vedanta said. Kumar has made invaluable contribution towards the company's growth and its transformation journey during his tenure of close to eight years, it added. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading diversified natural resource companies with business operations in India, South Africa, Namibia, and Australia. Vedanta is a leading producer of oil and gas, zinc, lead, silver, copper, iron ore, steel, aluminium and power.

Joins the airline at a time when the company has been hit hard by ongoing coronavirus pandemic which has by now grounded several carriers across the world

Tata Communications announced the resignation of Pratibha Advani as the Chief Financial Officer

JSW Energy board on Tuesday appointed Pritesh Vinay as its Chief Financial Officer. "Board of Directors, at its meeting held today, appointed Pritesh Vinay as Chief Financial Officer and Key Managerial Personnel of the company with effect from 16th September, 2020," a BSE filing said. Vinay, 44, has over 19 years of professional experience across Corporate Finance, Fund Raising (both onshore and offshore), Investor Relations, M&A and Equity Research, having worked with reputed Indian and multinational corporations. He has worked with the JSW Group for the past 8 years and prior to joining the company, he was Vice President Corporate Finance with JSW Steel and Head Group Investor Relations for the JSW Group, the filing added. Vinay will also be the Key Managerial Personnel authorized to determine the materiality of an event or information and for making disclosures to stock exchanges. Besides him, Joint Managing Director & Chief Executive Officer and the Company Secretary are

The board of the company in a meeting held on Thursday has accepted the resignation of Karve, who was associated with Marico from last 20 years

No CA in bank's top brass, as mandated by RBI

Private life insurer IDBI Federal Life Insurance on Wednesday announced the appointment of Mathivanan Balakrishnan as its Chief Financial Officer (CFO). Besides, the company also announced elevation of S P Prabhu as its Chief Investment Officer (CIO). Prabhu, who was earlier head of fixed income, will now oversee the management of the company's investment portfolio of Rs 10,000 crore, spread across various asset classes, IDBI Federal Life Insurance said in a statement. As CFO, Balakrishnan will oversee the areas of planning and budgeting, financial accounting & reporting, corporate taxation, investment operations, insurance accounting, audit and statutory compliance.

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

Level of optimism among India's chief financial officers for the October-December period has seen an improvement and this in turn will translate to an uptick in capex as well as other investments, says a report. The Composite CFO Optimism Index for the fourth quarter of this year increased 3.1 per cent over the July-September quarter, according to D&B India's Chief Financial Officers (CFO) survey released today. However, year-on-year, the optimism level has declined by around 10.5 per cent. "Optimism levels for October-December 2017 among CFOs have improved over the previous quarter. The proactive measures taken by the government, especially bank recapitalisation and amendments to GST have helped optimism levels," Dun & Bradstreet India MD Manish Sinha said. Sinha further said besides positive domestic environment there have been modest improvements in international economic activity. "This improved optimism level should translate to an uptick in capex and other .