Leadership: We Communicate Your Thoughts
Leadership: We Communicate Your Thoughts
Rishi Chhabra, Managing Director & Country Head - India & Sri Lanka, FISERV
Seven years ago, if you had told Indians that there would be flying cars in 2023, at least a few would have believed you, but most would never have believed that they would be paying even the pushcart vendors with their mobile phones. Smartphones, better internet infrastructure, and Bharat Interface for Money Unified Payments Interface (BHIM-UPI) paved the way for an almost unbelievable transformation over the past decade. To put it into perspective, Union Minister Ashwini Vaishnaw recently stated at World Economic Forum (WEF) that India accounted for 40 percent of total global digital payments in 2021. In 2022, annual digital payments transactions amounted to $1.5 trillion, more than the US, UK, Germany, and France combined an astonishing feat.
The Blooming FinTech-ade
By: Sujith Vasudevan, Managing Editor
The faster financial inclusion, especially in the rural areas of India, will be a crucial aspect of the Indian government’s dream of becoming a $5 trillion economy. Indeed, Pradhan Mantri Jan Dhan Yojana (PMJDY) has been on a long stride towards
Digital Transformation Revolutionizing Education & Improving Student Metrics
By: Vinay Singh, CEO & Executive Director, Q&I and Thomson Digital
In recent times, the education sector has undergone a remarkable transformation, thanks to the digital revolution.
By: Rajeev R Singh, Chief Human Resources Officer, Solara Active Pharma Sciences
The scenario in the talent market at present has been positive as the majority of the world struggles
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The job of a CEO is to optimally lead their venture to achieve potentially significant long term value.
By: Archana Venkat, Chief Marketing Officer, Trilegal
This year, I bought a new car and was looking to buy insurance. At this time, I was exposed to posters by a relatively new brand that told me I could save a sizable sum of money by opting for their insurance policy. Having never claimed motor
By: Anuja Karlmarx, Director - Human Resources, ITW India
Below are the essential elements derived by Anuja Karlmarx, Director Human Resources, ITW (Automotive Division), with a conversation with
Top 10 CFOs From BFSI - 2023
Switch to New-age BFSI with New-age CFOs
The acceleration of digitalization has had an impact not only on front-office areas such as product development and customer interaction but also on finance and insurance. Technology, Analytics, and Big data have changed the landscape of almost every industry and Banking and insurance companies are no different. Backed by apt technologies, infrastructure, innovations, and agile CFOs, today banking and insurance sector is achieving significant competitive edge and driving operational agility to meet the shifting customer needs and demands. With immense potential to respond to this ever evolving market and changing customer sensibilities these CFOs are running toward automating the processes and bring in efficiencies to improve turnaround time and cost-efficiency.
"Finance without strategy is just numbers, and strategy without finance is just dreaming"
Reshaping the Industry: With new-age CFOs diving into Banking and insurance value chain and, reshaping and redefining the industry by promoting cloud-based digital innovations and creating new business ecosystems that serve a broad suite of customer needs, the Indian Banking and Insurance industry become one of the premium sectors experiencing upward growth. More than any other executive, today CFOs have gained influence and authority like never before and across industries, these new-age CFOs are playing a pivotal role. Their role is now no longer confined within executing organizational goals, instead they are highly expected to use their fact-based insight to participate in key decisions and contribute to their company’s strategic direction. Also, like CEOs, these CFOs too are the public faces to their respective companies as their words and actions can have substantial consequences.
In this issue of the CEO Insights magazine, a list of ‘Top 10 CFOs from BFSI- 2023' is provided to the readers in corporate and different sectors, for informing on the excellent services leveraged by the Leaders in diverse domains. The listing is prepared by a team of industry veterans, CEOs and VCs, and the CEO Insights magazine editorial board.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CFOs From BFSI - 2023" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Abhishek Baxi, CFO | Unity Small Finance Bank | A financial officer specialized in several domains within the banking and financial services industry, namely, banking, NBFC, investment banking, asset management, mutual fund, broking, offshoring and asset reconstruction |
 |
Amit Gupta, CFO | Protium | A seasoned corporate banker with over 15 years in large multinational banks covering diversified client profile including large Indian conglomerates, MNCs, local corporates and real estate |
 |
Ian De Souza, CFO | Bank of Baroda | A business leader with over 24 years of experience in the banking & BFSI domain with experience in strategy, cost optimization, profitability/productivity enhancement, financial controllership & implementation of internal control frameworks |
 |
Mrinal Agarwal, CFO | Hi Tours | A seasoned BFSI professional with rich functional experience of more than 22 years in the BFSI industry in consumer banking/NBFC/ retail asset & MSME operations across various secured & unsecured lending product |
 |
Nitin Selot, CFO | JCB India | A senior finance professional with over 25 years of work experience and a demonstrated track record of 16 years across various industry sectors including FMCG, oil & gas, pharma, hospitality, automobiles and more |
 |
Prateek Jain, CFO | Nippon Life India Asset Management | A multi faceted personality having a rich experience of over 25 years in the finance domain, showcasing his leadership skills by formulating effective financial and business strategies |
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Rajesh Rajak, CFO | Hiranandani Financial Services | A senior level executive with extensive experience in finance & accounts, taxation, secretarial matters, investor relations and general management |
 |
Rikhil Shah, CFO | SBI General Insurance | A passionate leader spear heading organizations with solution oriented approaches, and has been responsible for formulating and monitoring policies, accounting, taxation, budgeting & financial planning, MIS, and capital planning |
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Sudhanshu Jain, CFO | IDFC FIRST Bank | A chartered accountant with over 15 years of experience with a demonstrated history of working in the banking industry, skilled in banking, capital markets, management information systems (MIS), financial accounting, and financial modeling |
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Vineet Agrawal, Group CFO | Angel One | A management accountant with 26+ years of comprehensive experience in the areas of IPO, fund raising, corporate finance, accounting, statutory and management reporting, taxation, audits, strategy formulation, business finance & controlling |
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