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Tag: CFO

  • Viacom18’s Soumen Ray joins Bajaj Auto as CFO

    Viacom18’s Soumen Ray joins Bajaj Auto as CFO

    MUMBAI: Viacom18 CFO Soumen Ray who joined the organisation as the deputy CFO in 2013 has recently joined Bajaj Auto as the president finance and CFO designate in August 2018.

    Ray commenced his journey with Viacom18 during the year 2013 and donned the hat as the deputy CFO, CFO and chief finance and strategy officer. Coming from the B Com background from Kolkata’s St. Xavier’s college, he initiated his career by joining Eveready Industries India Ltd in 1998 as manager-finance.

    He also has other laurels to boast of. He qualified as a chartered accountant, made a move at ITC as the commercial manager after a successful stint for about five years at Eveready Industries. Ray then joined Hindustan Unilever Ltd (HUL) as the general manager finance after serving the company for about three years in his previous company. He served for about five years at HUL and then joined Viacom18 as the deputy CFO in 2013.

    As per the reports, he will work closely with Kevin Pius D’Sa and is expected to succeed as the president (finance) after D’Sa’s retirement. He will also be a part of Bajaj Auto’s senior leadership team.

  • Hathway ropes in Sitendu Nagchaudhuri as new CFO

    Hathway ropes in Sitendu Nagchaudhuri as new CFO

    MUMBAI: Leading cable operator Hathway Cable and Datacom Ltd has appointed Sitendu Nagchaudhuri as the new chief financial officer (CFO). The fellow chartered accountant’s experience in the field of corporate finance, commercial and strategy leadership spans over 27 years.

    In a corporate announcement to the BSE, the company has informed about the appointment decided in a meeting of the board of directors held on 2 July.

    The earlier CFO Vineet Garg resigned in May after a stint of almost four years in the company. He was promoted to the position of CFO in February 2016.

    Prior to this appointment, Nagchaudhuri worked as CFO in Navin Fluorine International Ltd. The company is engaged in the specialty fluoro-chemicals. Along with plants in Gujarat and Madhya Pradesh, the company has a global footprint in the UK, US and Asia Pacific.

    The expert has experience with Fortune 500 MNCs and leading Indian enterprises in diverse sectors like specialty chemicals, oil and gas, lubricants, FMCG and infrastructure.

    Also Read :

    Hathway CFO Vineet Garg resigns

    Hathway reports improved standalone Q3 results

  • GTPL Hathway appoints Viren Thakkar as new chief financial officer

    GTPL Hathway appoints Viren Thakkar as new chief financial officer

    MUMBAI: GTPL Hathway , one of the major players in the Indian cable TV and broadband industry, has appointed Viren Thakkar as chief financial officer of the company. The appointment ,which will come into effect from 2nd July, was posted on the Bombay Stock Exchange (BSE) website.

    Earlier this month, the former CFO of the company Jayanta Pani resigned from his post after spending around one and half year in the company. Pani’s last working day at GTPL, where he joined in November 2008, will be 30th June.

    Viren Thakkar , a chartered accountant and a cost accountant, started his career in 1991 with Anil Starch Products Limited, an Ahmedabad-based Lalbhai Group company.

    The newly appointed CFO has over 27 years of experience in corporate finance, cost control, budgeting, internal control and audit and corporate planning. Earlier, he has worked as CFO in Roquette Riddhi Siddhi Private Limited. He had the responsibility of India, Middle East and Africa Region.

    Between 2007 and 2012, Viren Thakkar was general manager – finance at Torrent Power Limited, a part of Ahmedabad-based Torrent Group. He used to manage the finance, accounts, treasury operations, costing and taxation direct and indirect) at corporate level for Torrent Power and group companies. Along with that He was also involved in business development activities and handled insurance portfolio at the group level.

    Other than that, the experienced professional was also associated with Doshion Limited (Ahmedabad), Southern Range Nyanza Limited (Uganda), and Gujarat Telephone Cables Limited (Ahmedabad).

    Also Read:

    Jayanta Pani Resigns as CFO of GTPL Hathway

    GTPL Hathway board okays additional stake buy in subsidiaries

  • Jayanta Pani Resigns as CFO of GTPL Hathway

    Jayanta Pani Resigns as CFO of GTPL Hathway

    MUMBAI: Jayanta Pani chief financial officer (CFO) of GTPL Hathway has decided to part ways with the company. Pani’s last working day at GTPL, where he joined in November 2008, will be 30th June.

    “Jayanta Kumar Haribandhu Pani, Chief Financial Officer (Key Managerial Personnel) of GTPL Hathway Ltd, has tendered his resignation and his resignation will be effective from June 30, 2018 i.e. closing working hours on June 30, 2018 will be his last working day in the Company,” read GTPL Hathway’s filling with the Bombay Stock Exchange (BSE).

    Pani was appointed as CFO on 28th September 2016. He was earlier associated with GTPL Hathway Limited as Vice President of Finance.

    At GTPL, his responsibilities included dealing with overall finance and accounts department as well as the subsidiary companies

    Pani has 15 years experience in the field of account and finance.

  • Spuul appoints Krishanu Singhal as CFO for Global Operations

    Spuul appoints Krishanu Singhal as CFO for Global Operations

    MUMBAI: Spuul, one of the leading video-on-demand (VOD) streaming platforms for Bollywood & regional movies, is pleased to announce the appointment of Mr. Krishanu Singhal as the Chief Financial Officer (“CFO”) of the company for its global operations. Krishanu is a seasoned executive with a proven success record, he has over 18 years of experience leading the finance & accounts, investor relations, compliances, listings in Singapore and US markets. He has rich experience in the capital markets and compliances in his recent roles in Longfin Corp (a NASDAQ listed entity), Singapore and US and Indiabulls Properties Investment Trust, Singapore (formerly listed in Singapore exchange).

    Mr. Singhal‘s responsibilities will include and involvement in the finance and accounts for the global operations, expansion and keeping pace with the business expansion and together with fundraising and strategic advice to the board and management.

  • Den Networks appoints Himanshu Jindal as CFO

    Den Networks appoints Himanshu Jindal as CFO

    MUMBAI: Den Networks has appointed Himanshu Jindal as chief financial officer with immediate effect.

    Jindal is a chartered accountant with more than 15 years of experience spanning across sectors like consulting, pharmaceuticals, commodity trading and cement manufacturing industries. 

    His last assignment was with Heidelberg Cement India Ltd March 2007 till March 2018 and was responsible for treasury, corporate finance, risk management, internal audit and controls, corporate communication, investor relations and management reporting. Prior to Heidelberg, he has worked with Cargill, Cipla and Pfizer Limited.

    “Rajesh Kaushall has resigned as CFO of the company. The management appreciated the work done by him towards growth of the company. He will continue to act as an advisor to the company,” DEN stated in a filing to Bombay Stock Exchange.

    Also Read:

    Hathway Bhawani appoints Vatan Pathan as CEO

    BCCI strengthens IPL ACU, appoints Ajit Singh as head

  • Hathway CFO Vineet Garg resigns

    Hathway CFO Vineet Garg resigns

    MUMBAI: Hathway Cable and Datacom chief financial officer (CFO) Vineet Garg has resigned effective 15 May 2018. He has also resigned as a director from the board of Hathway Bhawani Cabletel and Datacom.

    “We wish to inform you that Vineet Garg, director, has tendered his resignation with immediate effect i.e. from 30 March 2018,” Hathway Bhawani said in a filing to the BSE.

    Hathway’s release to the BSE stated: “Pursuant to Regulation 30 (6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III, we wish to inform your kind office that Vineet Garg-chief financial officer (key managerial personnel) of the company has tendered his resignation and his resignation shall be effective from 15 May 2018.”

    Garg had joined Hathway in June 2014. He was promoted to CFO in February 2016 following the exit of G Subramaniam. Prior to Hathway, Garg was with Reliance Communications as national head lifecycle management – wireless operations. His career spans more than 21 years in the telecom and media industry.

    Also Read:

    Hathway reports improved standalone Q3 results

    Hathway leads the way in wireline net subs addition in Q3

  • Bharat Kedia to be ZEEL CFO as Modi gets new role

    MUMBAI: Zee Entertainment Enterprises LTD (ZEEL) has appointed Bharat Kedia as the chief financial officer. With effect from 1 August, Kedia will replace Mihir Modi, who will be moving to a new role in the company.

    Kedia, a chartered accountant & company secretary, has over two decades’ experience spanning across finance, fund-raising, M&A, information technology and corporate strategy in diverse businesses across Europe, Russia and India in varied roles with companies/ group such as Publicis Groupe-India, Coca-Cola-Europe, United Beverages and Kansai-Nerolac Paints.

    Before joining ZEEL, Kedia was the CFO of Parag Milk Foods Ltd.

    Bharat Kedia, a speaker at various topics in seminars led by Institute of Chartered Accountants of India, was conferred with “CF0-100” award in 2015-16 — one of the prestigious awards for the finance community.

  • Times Now ex-CFO Sundaram joins Republic

    MUMBAI: Former Times Now CFO S Sundaram has joined Republic, Arnab Goswami’s media entity, as the group CFO for the TV and digital venture.

    Republic is India’s first independent media venture managed by content professionals. As a media-tech company, Republic is India’s first global media brand.

    In a career spanning three decades, Sundaram has served as the CFO for 15 years in different organisations – his footprint running across Finance, Legal Compliance & Business Development functions. He was CFO for the Times Network between 2005 and 2012. Sundaram now takes charge of the financial leadership at Republic.

    Commenting on S Sundaram joining his team, Republic founder Arnab Goswami said “He’s easily one of the best CFOs in the business today.” Republic CEO Vikas Khanchandani added. “Sundaram’s range of experience in financial leadership is unparalleled in the broadcast business. His successful stint in the broadcast industry will help Republic scale new financial benchmarks.”

    Sundaram said, “Seeing Arnab rewrite the rules of television, I am excited to be with him at Republic and see him become India’s voice for the world.”

    Sundaram has been a part of a large bouquet of businesses: Consultancy (A.F.Ferguson & Co), FMCG (PepsiCo India), Luxury Consumer Products & Services (Bausch & Lomb India & INOX Leisure), Internet (india.com),Television News Media (Times Global Broadcasting). His last stint was with the Edutainment Theme Park – KidZania India. Apart from being hands-on with Financial & compliance management, the depth of his start-up exposure has equipped Sundaram to be an active business participant -essential to build a robust business process within an efficient value chain from scratch.

    Also Read:

    http://www.indiantelevision.com/television/tv-channels/people/republic-appoints-chauhan-to-set-up-global-innovation-centre-in-bengaluru-170207

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/bloomberg-quints-tv-distribution-head-priya-mukherjee-moves-to-republic-170203

    http://www.indiantelevision.com/television/tv-channels/news-broadcasting/rbnl-ex-cbo-khanchandani-joins-arnabs-republic-170120

  • ChyronHego appoints Neil Foster as COO and CFO

    ChyronHego appoints Neil Foster as COO and CFO

    MUMBAI: With an aim of continuing its global growth both organically and through acquisitions, ChyronHego’s has appointment Neil Foster as chief operating officer and chief financial officer. Foster will be based at the ChyronHego headquarters in Melville, New York reporting directly to the company’s president and CEO Johan Apel.

    “We’re very privileged to welcome Neil to our senior management team as we continue to deepen and scale our operations in support of our continued expansion in global markets,” said Apel. Adding further, “With his rich experience in executive-level management at high-profile, global enterprises, Neil will play a valued leadership role in our rapidly growing company.”

    Foster brings to ChyronHego more than 25 years of executive experience in various strategic, operational, financial, and corporate development roles at the nexus of media, technology, and entertainment.

    “I am thrilled to join ChyronHego and Johan’s team at this exciting time in the company’s evolution,” Foster added. “With innovative products and services that empower graphics and data for the broadcast and sports industries, ChyronHego is well-positioned as a leader in one of technology’s most attractive vertical markets for software applications. I’m looking forward to applying my strategic, operational, and financial expertise to help ChyronHego create value for shareholders.”

    Prior to joining ChyronHego, he served as executive vice president, operations, for Take-Two Interactive Software Inc. He has also held a number of roles in the recorded music business, including executive vice president, finance and operations, for the Columbia/Epic Label Group of Sony Music Entertainment, and co-president of Sony Music Entertainment Canada. Foster’s early career included positions at McKinsey & Company Inc. and PricewaterhouseCoopers.