Nanak Chand: Strategic Financial Advisor Guiding Jeena Sikho Lifecare Towards Sustainable Financial Growth & Prosperity | CEOInsights Vendor
Nanak Chand: Strategic Financial Advisor Guiding Jeena Sikho Lifecare Towards Sustainable Financial Growth & Prosperity

Nanak Chand: Strategic Financial Advisor Guiding Jeena Sikho Lifecare Towards Sustainable Financial Growth & Prosperity

Nanak Chand,   CFO

Nanak Chand


CFOs who have a diverse range of skills and experience play a crucial role in driving an organization's financial success. These CFOs possess a broad skill set that encompasses cost reduction management, strategic planning, and business development. Their comprehensive understanding of various aspects of the business allows them to make well-informed financial decisions that align with the overall goals of the organization. By analyzing complex financial data and identifying opportunities for cost savings, they effectively manage resources and optimize financial performance. CFOs like Nanak Chand, with their extensive expertise, are invaluable in ensuring sound financial management and leading the organization toward long-term success.

Nanak Chand is an accomplished professional serving as the Chief Financial Officer (CFO) at Jeena Sikho Lifecare. With extensive experience as an auditor in the Trading and Manufacturing industries, Nanak brings a formidable skill set to the table, encompassing expertise in Share Market, Equity Research, IPO, Legal and statutory compliance, Standard Operating Procedures, corporate governance, ERP implementations, and Business re-engineering processes. Demonstrating expertise in various domains, including cost reduction management, customer service, strategic planning, business development, and accounting, Nanak possesses a well-rounded background that propels the financial success of the organization.

Below is an excerpt of Nanak Chand’s exclusive interaction with CEO Insights magazine.

What drives your daily routines as the Chief Financial Officer?
As the CFO, my daily routines are driven by a deep sense of purpose and an unrelenting pursuit of excellence. The fuel that ignites my motivation stems from witnessing our Managing Director's dedication to our collective goals. Their
passion is contagious, and it inspires me to embrace the same level of passion in my work. Additionally, I cultivate personal objectives that serve as beacons, propelling me forward even in the face of challenges. By intertwining professional and personal aspirations, I ensure that each day is met with inspiration and a relentless pursuit of success.

Tell us about your leadership approach and what has been your success mantra so far.
I firmly believe in the power of collaboration and motivation to drive success. I am convinced that by fostering a culture of encouragement and inspiring individuals to reach their goals, we can propel our organization to new heights. Talented individuals, combined with unwavering motivation, form the foundation of our success.

By intertwining professional & personal aspirations, I ensure that each day is met with inspiration & a relentless pursuit of success

Furthermore, my mantra is to ensure that all teams within the organization are engaged and motivated, as we collectively strive for excellence.

Define Jeena Sikho as a top leading Ayurvedic healthcare system provider in India
Jeena Sikho is a prominent player in the pharmaceutical industry, providing Ayurvedic Panchakarma services and Trading in Ayurvedic medicine sectors. Moreover, we are expanding our reach by opening a chain of hospitals. We recently achieved a noteworthy milestone with the inauguration of a state-of-the-art, Asia recorded-1000 bedded hospital. Our market value is thriving, and we are even exploring opportunities to establish our business beyond India's borders. Our market capitalization in the service sector is poised for significant growth. Compared to the previous year, we are experiencing a remarkable upward trajectory, indicating a promising future ahead.

Shuddhi Hiims, a leading light under the banner of Jeena Sikho Lifecare, is a prominent figure in the Indian healthcare landscape, setting benchmarks in superior Ayurvedic care. Drawing upon ancient wisdom and modern healthcare advances, Shuddhi Hiims blends the best of
both worlds, providing holistic healing and wellness. With an extensive network of over 100 clinics and 15 hospitals, they ensure optimal accessibility and quality care for all their patients.

What are the factors you take into account when determining the profitability of an investment?
Investment activities including financial planning, forecasting, and analysis of revenue and cost structure play a crucial role in our decision-making process. Furthermore, we strive to minimize fixed costs and optimization of the variable cost Factors, particularly when it comes to establishing new startups. Rather than undertaking construction ourselves, we opt for renting and leasing arrangements. This approach allows us to optimize returns for our investors and drive profitability for the company. By adopting a prudent and resourceful approach to investment, we create an environment that maximizes financial gains and ensures the longterm success of our organization.

Where do you see yourself headed in the upcoming years? What is your future roadmap?
Currently, as the CFO, I am actively engaged in delivering exceptional services to this company. Looking ahead, my goal within the next five years is to elevate my role and take on more executive responsibilities, potentially as a CEO. My thirteen years of professional experience have prepared me for this transition, and I am committed to continued growth and success in my journey.

What guidance would you offer to aspiring leaders entering the same industry?
For aspiring leaders in the same industry, my advice would be to recognize the vast opportunities within the Indian industrial segment and harness the talent available. By leveraging both the market and the skilled workforce, organizations can achieve internal growth and foster National Development through coordinated efforts. Embracing these sources of growth will pave the way for success in the industry and drive sustainable progress.

Nanak Chand,CFO,Jeena Sikho Lifecare
Nanak Chand, an accomplished financial professional, possesses a strong educational background in cost and management accounting. With over 13 years of Experience in Many verticals, Nanak has demonstrated expertise in financial management, strategic planning, and business development, contributing to organizational growth and success.

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