New Delhi: Auto part maker SJS Enterprises on Wednesday introduced the appointment of Mahendra Naredi as Chief Financial Officer (CFO). As the brand new CFO, Naredi will present monetary and strategic management to assist speed up SJS’s enterprise momentum and ship worthwhile progress, the corporate stated in a launch.
He shall be chargeable for finance and accounts, fund-raising, purchases, investor relations and liaisoning with traders and bankers.
Naredi comes with 20 years of expertise in monetary administration, key accounting, monetary evaluation, planning and forecasting, fund-raising, M&As, tax, secretarial, authorized, compliances, company governance, and technique. Before becoming a member of SJS Enterprises, he has held numerous positions, comparable to Chief Financial Officer & Company Secretary, Minda Vast Access Systems Private Limited, Chief Financial Officer of Spark Minda (European Companies), Controller in GE, and Manufacturing Finance Head in GE and Wipro.
His newest place was Associate Vice President – Corporate Finance at Minda Corporation Ltd (IN). During his stint at Spark Minda Group, Naredi was actively concerned within the finalization of TLAs and Mergers & Acquisitions. He has overseen greater than 5 M&A transactions to fulfill the inorganic progress goals.
“We are delighted to have Mahendra as part of our management team. He is an experienced and talented finance professional with a brilliant track record. He comes with substantial background and understanding of the auto ancillary sector and has remarkable capability to manage the finance function to ensure the best outcomes. We are confident that his expertise and experience will be strong assets to SJS as we continue to execute our strategy and deliver strong financial performance,” Sanjay Thapar, Executive Director and CEO, SJS Enterprises, said.
“I strongly believe that SJS has tremendous potential in the decorative aesthetics space today. I am honoured and overwhelmed to be part of this dynamic company and am looking forward to working closely with the entire team in realising the company’s vision and mission. My primary focus is to grow the company to a strong position in the market and to model the desired changes for future growth and expansion,” Naredi stated.
Source: auto.economictimes.indiatimes.com