Taking The Insurance Sector To The Digital Age: Challenges & Opportunities | CEOInsights Magazine
  • Jasleen Kohli, MD & CEO, Digit Insurance

    Jasleen Kohli, MD & CEO, Digit Insurance

  • It’s no secret that the pandemic-ridden yesteryears have fundamentally transformed the insurance sector in India and accelerated the pace of change across the stakeholders, including the insurers, the healthcare ecosystem, consumers, and the regulator. This watershed moment could well have a long-lasting positive impact on positive insurance penetration, product and process innovations, and, most importantly, customer experience. If the insurance industry was traditionally dominated by offline channels like corporate agents, offline brokers, or banks, today, all forms of mediators are increasingly vanishing from the picture.

  • Taking The Insurance Sector To The Digital Age: Challenges & Opportunities
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Top 10 CFOs from Automotive – 2023

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  • Top 10 CFOs from Automotive – 2023

    CFO from Automotive industry Leading the Way in Financial Services

    Automotive industry: Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Commercial vehicles, though important to the industry, are secondary. The design of modern automotive vehicles is discussed in the articles automobile, truck, bus, and motorcycle; automotive engines are described in gasoline engine and diesel engine.

    Importance of CFO: The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer and the board of directors and may additionally have a seat on the board.

    Significance of CFO from Automotive industry: The role of CFO in Automotive industry Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the dealership. Works closely with the dealer on long-range planning, cash management and funds allocation.CFO maintains relationships with financial institutions on matters of lines of credit and funds management. They Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports and directs and analyzes studies of general economic, business and financial conditions and their impact on the dealership's policies and operations. And also Directs the controller in providing and managing the procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.

    CEO Insights in this issue presents a list of ‘Top 10 CFO from Automotive - 2023' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.

Top 10 CFOs from Automotive – 2023

Company Logo Company Management Company Name Company Description
Munjal Auto Industries Brham Prakash Yadav ,CFO Munjal Auto Industries A finance professional with a rich experience of over 27 years, in propelling organizational profitability and growth by steering the functions of finance & accounts in strategic positions
Rico Auto Industries CA Rakesh Sharma ,Group CFO Rico Auto Industries A senior level tech savvy executive with extensive finance and accounting administration experience in diverse industries including automobile, electronics, capital goods manufacturing, solar energy and EPC contracting
Prem Motors Chandresh Gupta, Group CFO Prem Motors Prem Motors which is a leading player in automobiles dealership. He brings to the table almost two decades of experience working
JS Auto Cast Foundry Madhan mohan ,CFO JS Auto Cast Foundry A professional leader having rich experience in strategic management, relationship management, corporate finance and project financing
SJS Enterprises Mahendra Naredi ,CFO SJS Enterprises An experienced professional with a demonstrated history of working in the automotive industry, skilled in crisis management, business planning, management, management information systems (MIS) and business development
Talbros Automotive Components Manish Khanna ,CFO Talbros Automotive Components A visionary leader with 21 years of experience in working with manufacturing/ service sector with expertise in preparing and monitoring business plans with timely MIS/ FP&A, direct/ indirect tax/ commercial matters and much more
ADM Group Siddhartha Rastogi ,Group CFO & Board Member ADM Group A passionate leader having overall vast experience in transforming data into actionable strategies and operational goals and also orchestrates major change by aligning stakeholders leading to an efficient P&L Management
Toyota Boshoku Automotive India Sudhakar Hariharan ,CFO Toyota Boshoku Automotive India A dynamic leader having experience in heading the finance & legal team and also providing strategic guidance to commercial & HR functions, business plans with focus on mid and long term business strategies
Prabha Automotive Engineers Sudhakaran AT ,CFO Prabha Automotive Engineers A highly experienced professional having an extensive background in finance, with expertise in cost management and financial planning, and also include his strong understanding in manufacturing & retail operations
Aditya Auto Products & Engineering Suresh Sethuraman ,CFO Aditya Auto Products & Engineering An industry veteran having more than two decade of experience with leadership experience in designing, implementing and building engineering organisations from the ground up

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