Fintech company Infibeam Avenues Limited has appointed Sunil Bhagat as its new Chief Financial Officer, with effect from March 19, 2022. He succeeds Hiren Padhya, who has resigned from the role of Chief Financial Officer, effective March 18, 2022.
As per the company’s exchange filing, “we hereby inform you that the Board of Directors of the Company, based on recommendation of Nomination and Remuneration Committee and approval of Audit Committee, at their respective Meetings held today i.e. March 15, 2022 has approved the appointment of Mr. Sunil Bhagat as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from the start of business hours on March 19, 2022 in place of Mr. Hiren Padhya whose resignation as Chief Financial Officer and Key Managerial Personnel of the Company has been accepted by the Board and he will be relieved with effect from March 18, 2022.”
Sunil Bhagat is a qualified Chartered Accountant with rich and varied experience of over 22 years in Accounts and Audit, Taxation, Corporate Finance, Financial Control, and Strategic Planning for leading firms in technology and manufacturing, the statement said.
Over the last 22 years, Sunil Bhagat has served across numerous financial leadership roles in several Companies including Piramal Glass Limited, Unimark Remedies Limited and Shalby Limited where he had played critical roles enabling him to lead teams to focus on Cashflow, Growth and Profitability. Most recently, he served as the Vice President – Accounts & Finance in Infibeam Avenues Limited.
With Sunil Bhagat’s expertise and financial leadership skills, company is gearing up its functional team, to the next level of growth, a statement said.
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