CFO MOVES

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• South Indian Bank Appoints Vinod Francis as New CFO

  South Indian Bank promotes Vinod Francis to CFO, strengthening leadership

  

• Noventiq appoints Jerry Letter as chief financial officer and head of corporate development

  Jerry Letter appointed Noventiq CFO, focuses on growth strategy, transformation program, financial strategy, U.S. public listing, global growth, and innovation. Burak Ozer leads regional finance. Noventiq aims for long-term profitable growth and value for shareholders.

  

• MAN Group Appoints Sanjay Kumar Agrawal as CFO

  MAN Group appoints Sanjay Kumar Agrawal as CFO effective April 1, 2024, succeeding Ashok Gupta, signaling commitment to leadership strength.

  

• Fulcrum Digital appoints Sathish Raghunathan as CFO

  Fulcrum Digital selects Sathish Raghunathan as CFO, drawing on his diverse financial experience to lead the company's strategic financial operations.

  

• Daimler India Commercial Vehicles appoints Alexander Schoen as CFO

  Schoen replaces Manish Thakore, who has moved to Daimler Truck Financial Services North America as Director of Special Projects, according to a statement.

  

• Avanse Financial Services appoints Vikrant Gandhi as CFO

  Avanse Financial Services, an education-focused non-banking financial company, has appointed Vikrant Gandhi as its Chief Financial Officer. With over 28 years of experience in BFSI, automobile, and consumer brand sectors, Gandhi will focus on financial strategizing to ensure Avanse remains on its growth trajectory, overseeing governance, compliance, risk, and asset positions.

  

• Ultraviolette appoints Ajay Shanker as CFO

  Prior to this appointment, Shanker was associated with Schneider Electric as CFO for its International Business GSC covering India, Middle East, Africa, South America, East Asia, Japan & Pacific, according to a statement.

  

• Mpower Financing appoints Jatin Rajput as CFO

  Towards this step, Rajput will step down from the board of Mpower. He will be replaced in the board by Rob Partlow, Mpower’s previous CFO, who is retiring from full-time service, the student loan provider said in a statement.

  

• Kotak Mahindra Bank appoints Devang Gheewalla as CFO

  Devang Gheewalla named as new CFO of Kotak Mahindra Bank, succeeding Jaimin Bhatt, effective April 1, 2024.

  

• Paytm Money appoints Vipul Mewada as CFO

  The position of the finance chief at Paytm Money had been vacant since April 2023, when Amit Kapoor left the firm after a nearly three-year stint. Mewada, who joined the company in the last week of January, was earlier the deputy CFO at ICICI Securities.

  

• Biocon CFO Indranil Sen resigns

  Sen was appointed as the CFO of the company in April 2021 after Anupam Jindal stepped down. He has over 20 years of experience in financial planning, treasury, taxation and financial reporting.