CFO of Adani Gas, Mr Parag Parekh, handles business development, corporate finance, strategy, investor relations, project finance, and public and private equity in the organisation. He is a commerce graduate from the UThe role of the chief financial officer in a business organisation has evolved in recent times. A CFO’s role is not limited to managing finance and making investment decisions; they build business strategies with the chief executive officer and help them in vital decision-making. Top CFOs in India are tech-savvy and are updated with technological advancements, and they are significantly contributing to making their organisations ready for global competition. As India is one of the fastest-growing economies globally, CFOs play a vital role in the development of the Indian economy. The following are the top CFOs in India who made a significant mark in leading their business organisations to the success path.
Alok Kumar Agrawal – Reliance
Alok Agrawal, the chief financial officer of Reliance, leads the wholesale group of the organisation. He started his career in 1989 as an engineer at Reliance Industries Ltd. Mr Agrawal also served ICICI Ltd. for nine years. He then moved to ICICI Lombard General Insurance Company Ltd. As a CFO in Reliance, he is handling global risk management and finance-related projects. He got a bachelor’s degree in Engineering from IIT Kanpur and did his MBA from IIM, Ahmedabad. With such vast experience in the industry, Alok Kumar Agrawal is certainly one of the Top CFOs in India.
Samir Seksaria – Tata Consultancy Services
With extensive experience in the IT Industry, Samir Seksaria is the chief financial officer in TCS and is responsible for vital financial decisions of the organisation. Previously, he handled business finance for TCS. Mr Seksaria started his career in 1999 at TCS. At the early stage of his career, he handled consultancy assignments, including merger and acquisition and regulatory compliance. He was responsible for the different financial transformations of the company. Mr Seksaria is a graduate of NMIMS, Mumbai and has accomplished chartered accountancy from ICAI Mumbai. One of the top CFOs in India, Samir Seksaria, has learned business and finance details under the guidance of esteemed TCS leaders, including Rajesh Gopinathan, V Ramakrishnan, N Chandrasekaran and S Mahalingam.
Ritesh Tiwari – Hindustan Unilever Limited
Chief Financial Officer and Executive Director (Finance & IT) at Hindustan Unilever Limited, Mr Ritesh Tiwari, also handling the position of Vice President of Unilever (Finance). He completed Chartered Accountancy from ICAI, Mumbai and then joined HUL in 1999 as a management intern. He got recognition and appreciation as a Vice President (Finance, Global Performance Management, Unilever) where he infused digital transformation. Moreover, he is known for simplification and leading business projects with significant impact. His efficiency can be measured by the fact that Hindustan Unilever has reported a growth of 9% in the first quarter of FY2022. That is why Mr Ritesh Tiwari is considered one of the top CFOs in India.
Nilanjan Roy – Infosys
Nilanjan Roy, Chief Financial Officer in Infosys, has a huge experience of working with leading corporations in India. He served Bharti Airtel for 13 years as Global Chief Financial Officer. Moreover, he worked with Hindustan Unilever Ltd. for 15 years before joining Bharti Airtel. During his tenure at HUL, he handled global operations across different countries. Mr Nilanjan Roy is a commerce graduate from Delhi University and also a certified chartered accountant. With a huge yet extensive global experience in finance, value creation, accounting, taxation, merger and acquisition, cost management and much more, Mr Roy is undoubtedly one of the top CFOs in India.
Saumen Ray – Bharti Airtel
The new Chief Financial Officer of Bharti Airtel, Saumen Ray, is an esteemed Chartered Accountant with an extensive experience of more than two decades in corporate accounts, financial planning, management accounting and treasury. Before his incorporation into Bharti Airtel, he served Bajaj Auto Limited as a Chief Financial Officer. He also worked in leading corporations in India, including Hindustan Unilever Limited, Eveready and Viacom. The domain expertise, financial acumen, and business planning ability of Mr Ray make him one of the top CFOs in India.
Parag Parekh
niversity of Mumbai and completed a Master’s in Business Administration from the MET League of Colleges. Before his incorporation with Adani Gas, Mr Parekh served the GMR Group as Group Head of Finance. Considered one of the highly recognised experts in infrastructure and restructuring, Mr Parag Parekh is certainly one of the Top CFOs in India.
Takeaway
The role and responsibilities of the top CFOs in India are not limited to managing the finance and accounts of the business organisation; they work closely with the chief executive officer to build business strategies and other vital decision making. They oversee the managers of different financial departments to ensure that the organisation’s financial process is working smoothly and efficiently. In other words, the top CFOs in India are the power behind the rapid growth of the economy.
