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Top 60 CFOs in India

In recent times, the role of a CFO in an organization has undergone vast changes. A CFO is not only just a financial authority but a strategic partner to the CEO, supporting in the crucial decision-making and application of strategic methods in the company. Besides making responsible decisions about investment, CFOs today are expected to remain updated with the latest technologies. At present, Indian companies are gearing up for global competition and their outlook is extremely futuristic. With this outlook in hand, the role of CFOs is even more significant. India is one of the best countries in Asia in terms of its Geography, culture, and heritage. In the business sector, it has improved significantly over time. Listed down are the top 60 CFOs in India based on their performance, credibility, and talent. 

Anand Vora 

Anand Vora is the current CFO of United Phosphorus. He is a global finance executive with a broad and deep background in strategic finance & operational finance across manufacturing and services sectors. His main experiences spanning across India, Europe, and the Americas include CFO/Regional Controller roles in India & Latam with leading Indian & Global MNCs in pharma, chemical, and agricultural commodities sectors. His global CFO role in a listed Indian company in the remote services business. His key responsibilities include-  corporate development, M&A and global implementation, enterprise business transformation/restructuring, Fundraising – Equity, Debt, and Structured Finance instruments, both domestic and international. He is an ICAI graduate and also a student of NMIMS Mumbai. Prior to working with United Phosphorus, he was the CFO of Bunge India for three years. He has also worked with companies such as GTMT Global solutions, Ranbaxy Brazil, Loctite India, etc. 

Ashish Deshpande 

Ashish Deshpande is the current CFO of Tata Trust. He is a senior executive holding an experience of 26+ years. He has been the secretary and CFO of Tata Trust for four years now. Prior to this, he was the head of finance at Tata trusts Lanka for nine years and five months. His skills include MIS, business strategy, telecommunications, team management, vendor management, business development, business analysis, strategic planning, change management, financial analysis and more. He also has the experience to work with cross-cultural teams. 

Yatin Malhotra

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Yatin Malhotra is the current CFO of ACC limited. He is from Faridabad, Haryana. Prior to this, he was the CFO of Whirlpool of India for five years and three months. Before becoming the CFO, he was the director- of financial planning and Analysis. He has also worked with LG Electronics where he was the D.G.M- Head of Internal Audit. He was also the Manager of costing at Samtel Color for a year and ten months. He was also in the Asst Manager systems division at Apollo International Ltd. He is an ICAI graduate of CA, CS, CWA, Accounting, and Finance. His skills include forecasting, team management, MIS, and more.

Ravi Kejriwal

Ravi Kejriwal is the current CFO at Future Retail Limited. He was a student of ICAI and also NMIMS. His skills include team management, training, coaching, leadership development, strategic planning, management, performance management, leadership, and business strategy. He currently lives in Mumbai, Maharashtra. He is a well-known name in the industry and is an inspiration for me. He has efficiently worked for all companies he has ever worked with.

Vidhya Srinivasan

Vidhya Srinivasan is the current CFO of Bata. She has over 17 years of post-qualification experience in the areas of Strategy, Business Planning, Commercial, Finance & Accounting Management. She was the executive director and CFO of Puma India for six years and eight months. She was the CFO of Sentiss Pharma Pvt Ltd for seven months. She has also worked with companies such as Glenmark pharmaceuticals, A.T Kearney, A.F Ferguson & Co. Her skills include business strategy, business planning, strategy, management, retail, competitive analysis, leadership, analytics, CRM, risk management, and more. She finished her B.com from the University of Madras and then finished her C.A from ICAI. She also finished Post Graduation from IIM, Ahmedabad.

Ved Goel

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Ved Goel is a finance professional with more than 26 years of professional experience in different industries including Manufacturing, Mines, Engineering, Infrastructure, and Healthcare Services. As a Chartered Accountant, he has strong expertise in Financial & Strategic Planning and execution, Fund Raising, Legal & Corporate Affairs, Merger & Acquisition, Direct & Indirect Taxes, and various other areas related to finance. Ved Goel is currently working as Group CFO of Dr. Lal PathLabs Ltd. He was instrumental in bringing the IPO of Dr. Lal PathLabs in 2015 and led many small and mid-size M&A including Suburban Diagnostics in Mumbai in 2021. He finished his LLB from ICAI between 1996-2001. 

Viral Shah

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Viral Shah is the CFO of Adani Capital. Before becoming the CFO of the company, he was the head of finance and accounts for 4 years and 6 months. He was the consultant of ADM Capital for seven months. He was the partner of Kanu Doshi Associates CAs. He also provided tax and audit services to the company for two years. After finishing his Batchelor’s from Kishinchand Chellaram College of Arts and Commerce. He remained in ICAI between 1996 and 2000. He finished his Masters’s in Business Finance from the same institution in 2013.

Arpit Chug

Arpit Chug is the current CFO at Razorpay. He is responsible for the Finance, Credit Risk, and Legal function at Razorpay. Previously he led the finance function for all lines of business at American Express in India; Head of Treasury for the Asia Pacific, Japan, and Australia at Amex. He has worked with American Express for seventeen years as the CFO and with CLSA as Associate Investment banking for nearly two years. 

Jacob MS

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Jacob MS is the current director & CFO at Colgate Palmolive Ltd. He lives in Mumbai, Maharashtra. He finished his Batchelor of Commerce from the University of Mumbai. He also did a course on organization development at Stanford Graduate School of business executive education. He also was a part of ICAI for some time. He has multiple skills such as business strategy, financial analysis, FMCG, forecasting, and SAP. He has worked with Colgate Palmolive since 1995 and has held different positions in the film. Prior to this, he was a part of Glaxo.

Deepesh Baxi, Castrol India

Deepesh Baxi is a Finance and Strategy leader with two decades of industry and Big 4 experience in the UK and Asia. He has industry and domain knowledge of Oil and Energy, FMCG, Infrastructure, and Biotechnology. He has a track record to operate at the senior management level, providing input, challenges, and recommendations to executive team decision-making processes (including the Board/Audit Committee of the listed entity and in Global Headquarters). He has worked in Operational roles in country/markets, Regional office, Global office of a Business Unit, and Global Headquarters of the Downstream segment. Before joining Castrol, he had worked with BP for eight years. He is an IIM Ahmedabad graduate.

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For any corrections/nominations, reach out to sanmitraadas2000@gmail.com.

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