CFO Appointments - Page 3

Boomi Appoints New CFO & Leaders To Support Rapid Customer Growth

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DigitalCFO Newsroom | 16 June 2022

Boomi™, the intelligent connectivity and automation leader, announced the appointment of Madeline Ling as chief financial officer (CFO).

  • After the $4 billion transaction to become a standalone company, Boomi recently set the industry record for largest customer base with more than 20,000 global customers
  • World-class leaders with past experience from PayPal, Red Hat, VMware, NBC Boston, and Accenture, with excellent academic credentials including Stanford Business School, and an Emmy-award winner, all join SaaS category-leader, Boomi, to support the company’s rapid growth
  • Winning numerous awards for product excellence and culture, such as recently obtaining the Gold Globee® Award in the Platform as a Service category, and being named as one of Inc. Magazine’s Best Workplaces, Boomi plans to hire several hundred more employees globally by year’s end

Boomi™, the intelligent connectivity and automation leader, announced the appointment of Madeline Ling as chief financial officer (CFO), Marcy Campbell as chief revenue officer (CRO), and Fran Wilson as chief marketing officer (CMO), effective immediately. Additionally, Emmy award-winning news journalist Christa Delcamp joins Boomi to support public relations and media strategy, and James Dyson joins the company to lead Global Diversity, Equity, and Inclusion Talent Acquisition. 

“Boomi’s recent launch as a standalone company – coupled with our high growth and cutting-edge, cloud-based technology – provides the opportunity to build our leadership team as part of a much larger expansion, with several hundred new hires coming onboard this year,” said David Meredith, CEO at Boomi. “Our industry-leading platform and award-winning culture enabled us to recruit top, globally-minded talent, with a demonstrated track-record of achievement, and a passion to accelerate our mission to make the world a better place by connecting everyone to everything, anywhere.”

The new leadership appointments come after Boomi’s recent independence backed by premier private equity firms, Francisco Partners and TPG, in a $4 billion transaction. As a global software as a service (SaaS) category leader with more than 20,000 customers – Boomi touts a growing user community of over 100,000 members, a worldwide network of more than 800 partners, and one of the largest arrays of global system integrators (GSI) in the iPaaS space, which includes Accenture, Deloitte, SAP, and Snowflake, as well as the three largest cloud providers, Amazon Web Services, Google, and Microsoft, among others. 

Boomi has been positioned as a Leader in the Gartner® Magic Quadrant™ for enterprise platform as a service (EiPaaS) for eight consecutive years. The company recently received the Gold Globee® Award in the Platform as a Service (PaaS) category, and has garnered numerous awards for being an employer of choice, including a recent listing as one of Inc. Magazine’s Best Workplaces. As the company continues to scale rapidly to meet global, enterprise demand for digital connectivity, integration, and automation, Boomi plans to hire several hundred new team members this year to accelerate all functions of the business.

BOOMI ATTRACTS WORLD-CLASS TALENT:

Madeline Ling, CFO

Ling holds a MBA from Stanford Graduate School of Business, and brings nearly 25 years of experience leading equity-backed, global enterprise organizations through strategic and international growth. She has held multiple CFO roles throughout her career, including international assignments overseas. Ling most recently served as corporate CFO for a Hellman and Friedman (H&F) PE-backed portfolio company, and held previous roles at VMware, The Boston Consulting Group, and Intel. 

Marcy Campbell, CRO

Campbell brings to Boomi over 30 years of experience leading large-scale, go-to-market organizations for global companies ranging from Fortune 500 to venture-backed technology firms. She most recently served as senior vice president at PayPal where she led global sales, professional services, and operations. At Boomi, Campbell will spearhead the company’s revenue-generating strategies with a focus on driving fast growth, while continuing to deliver customer value. 

Fran Wilson, CMO

With more than 20 years of successful experience in SaaS and B2B enterprise software organizations, Wilson provided marketing leadership through Red Hat’s initial public offering (IPO), and during its rapid revenue growth from $400 million to more than $4 billion, culminating in its sale to IBM for $34 billion. 

Christa Delcamp, Public Relations and Media Strategy

Delcamp brings over two decades of experience in public relations, journalism, content creation, and communications, across a variety of platforms, including digital/social, NBC and CBS-owned and operated stations, radio/podcasting, and print. An Emmy award-winning news journalist, Delcamp’s extensive expertise in telling impactful stories will help Boomi increase market awareness of its industry-leading platform and important mission to connect the world. 

James Dyson, Global Diversity, Equity, and Inclusion (DE&I) Talent Acquisition 

Dyson brings over 20 years of experience leading and managing talent acquisition at global companies, including Accenture. In his role, Dyson will leverage his deep expertise and extensive international network to support Boomi’s rapid growth and continue to build the company’s award-winning culture. 

Ipsos announces the appointment of Dan Lévy as Group Chief Financial Officer as of June 10, 2022

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After training as an economist and statistician, Dan Lévy spent the first part of his career at the Ministry of Finance, in the Treasury Directorate and then in the Budget Directorate, in economic, financial and expenditure control functions. Between 2005 and 2007, he was seconded as an economist to the British Ministry of Finance in London.

Dan joined Societe Generale in 2010, initially at the General Inspection, an audit and consulting department at the service of the General Management, where he supervised missions in France and abroad on all the bank’s business lines for 3 years. In 2013, Dan became senior banker, in charge of strategic relationship (financing and M&A) with Midcaps clients in the technology, engineering and business services sectors. In 2017, Dan led the merger project of two business centers dedicated to the bank’s large corporate clients and served as director of the resulting business center (front-to-back organization of 230 people).

Dan is an alumnus of Ecole Polytechnique (Promotion 1996), ENSAE (Ecole Nationale de la Statistique et de l’Administration Economique) and SciencesPo (Institut d’Etudes Politiques Paris).

Dan Lévy said: “I am very pleased and proud to join the Ipsos leadership team as Chief Financial Officer. I warmly thank Ben Page for his trust. In a complex and uncertain world, Ipsos has an essential role to play in helping governments and companies to decipher major societal trends, public opinion, understand and anticipate the behaviours of consumers, employees and citizens. I look forward to putting my energy, my financial skills as well as my international and management experience at the service of a global, innovative Group whose success and development over the last decades command respect and admiration.”

Dan Lévy will report to Ben Page, Group CEO, and will replace Laurence Stoclet as Chief Financial Officer, Laurence Stoclet, Group Deputy CEO and previously Head of Finance and Support Functions at Ipsos.

Laurence Stoclet said: “I am highly confident that the transition with Dan Lévy, whom Ben Page has chosen to succeed me, will be successful. He will be able to rely on me during a transition period of a few months and, above all, on teams in charge of Finance and Reporting which are strong and stable, with an average seniority of 14 years. Dan is not only an experienced financier but also a data and statistics enthusiast, like all the key executives at Ipsos.”

Laurence Stoclet’s term of office as Deputy Chief Executive Officer and her participation in the Group’s Executive Committee will end on September 30, 2022, the date on which her other executive functions will have been transferred to the new management team led by Ben Page. Laurence Stoclet will continue to advise Ben Page in relation to certain minority interests, not consolidated in the Group’s accounts or having minority partners with whom she will continue to represent the Group.

Ben Page said: “I am delighted to welcome Dan as our new CFO, who will be working closely with me as part of our new global management team. Dan’s extensive skills in financing, M&A and cash management as well as strong international and management experience of large and diverse teams make him the right choice for Ipsos, and particularly for our planned growth plan for 2025 that I will be present on June 14. I would also like to thank sincerely Laurence for her major contribution to Ipsos over the past two decades in building our global network and systems that our growth will depend on.”

Source: globenewswire

Asian Granito Ltd appoints Mehul Shah as CFO

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Mehul Shah has been appointed as CFO and Key Managerial Personnel (KMP) pursuant to the assessment and recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee.

Ceramic tiles manufacturer Asian Granito Limited announced on Thursday that Mehul Shah has been appointed as the firm’s Chief Financial Officer (CFO) effective June 10. Shah will replace Amarendra Kumar Gupta who has resigned from the post effective June 9.

“Amarendra Kumar Gupta, has tendered his resignation from the statutory position of Chief Financial Officer (Key Managerial Personnel) of the Company with effect from 9th June, 2022. The Company has accepted the resignation and he will be relieved from the Company w.e.f. 9th June, 2022 after closure of business hours,” noted the firm in an official filing. 

Mehul Shah has been appointed as CFO and Key Managerial Personnel (KMP) pursuant to the assessment and recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee. 

“The Board of Directors of the Company at its meeting held on today i.e . 9 th June, 2022 and pursuant to assessment and recommendation of Nomination and Remuneration Committee and approval of the Audit Committee has considered and approved the appointment of Mr. Mehul Shah as new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 10th June, 2022,” read the filing. 

Asian Granito Limited explained that Mehul Shah is a Chartered Accountant with over 22 years of experience in strategic accounting, financial operations, profitability management, SAP & ERP Implementation, cost optimisation, internal audit, compliance management, taxation, fund management, budgeting, training and development and People Management with proven track record of delivering consistent business results through adept leadership and application.

Source: Business Today

Blackford Capital Hires Ken Wagner as Chief Financial Officer

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Ken Wagner, Chief Financial Officer of Blackford Capital
  • Blackford continues wave of executive leadership team growth
  • Expansion of the leadership team enhances firm’s ability to pursue new strategies and manage its rapidly growing portfolio companies to create value

GRAND RAPIDS, Mich., May 31, 2022 /PRNewswire/ — Blackford Capital, a leading middle market private equity firm, today announced the appointment of Ken Wagner as Chief Financial Officer effective April 11, 2022, where he will lead the firm’s finance, accounting, regulatory, compliance, reporting and controls functions. He will oversee portfolio company due diligence and provide deals team support. Wagner will report to Blackford Managing Partner and Chief Operating Officer Paul Doyle.

Mr. Wagner previously worked for ten years with Mr. Doyle at other companies. He joins Blackford from Coastal Group, where he served as Chief Financial Officer with Coastal’s then-CEO Paul Doyle to create nearly $80M of equity value in four years. Prior to that, Wagner and Doyle worked together at GHSP, a Tier 1 automotive supplier of advanced shift systems and smart pump systems, where Wagner was CFO and they created $400M of equity value over seven years.

Prior to these positions, Mr. Wagner held a number of progressively responsible executive level positions in operations and finance with Magna and Donnelly Corporation companies Magna Mirrors Corporation, Magna Electronics, Inc and Magna E-Car Systems.

The Wagner appointment comes as part of a strategic plan for organizational change within the Blackford Capital executive leadership team. In addition to several internal promotions and organizational restructuring, Blackford recently announced the appointment of Paul Doyle to Managing Partner after more than seven years as an Operating Partner.

“We continue to make significant investment in our executive leadership team,” said Blackford Capital founder and Managing Director Martin Stein. “As part of our commitment to delivering maximum growth and value creation for our investors we are laser-focused on leveraging our talents when and where they can be most effective. Ken’s proven experience will help accelerate our ability to deliver the executive financial oversight, operational expertise and process excellence necessary to drive maximum returns.”

Mr. Wagner has extensive experience in asset restructuring, financial management and operations. “I’m delighted to join Martin and the dynamic Blackford Capital team at this time in the firm’s growth cycle,” said Ken Wagner. “This is a terrific opportunity for me to work with Paul again. We are already developing plans to implement new processes and procedures to improve the firm’s efficiency and effectiveness, and to provide portfolio company oversight and standardization of reporting and controls, as well as guide CFO talent enhancement.”

Mr. Wagner earned a Bachelor of Arts in Accounting and Business Administration from Hope College in Holland, Michigan. He previously served in both committee and board chairman positions with Fleetwood Group, Inc., and is a past member of Geneva Camp and Retreat Center Board of Directors.

About Blackford Capital
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. With a reputation for a relentless approach to value creation and a focus on operational excellent, Blackford was named the Private Equity Firm of the Year by M&A Advisor in 2021 and 2018. The firm has also received Deal of the Year honors from M&A Advisor in multiple categories, and its portfolio companies have also been included on the Inc. 5000. For more information, visit blackfordcapital.com.

Source: https://apnews.com/press-release/pr-newswire/grand-rapids-c0e0c957660f94c648f51f8eb260ca76

Infinite Uptime appoints Suyash Patwardhan as their new CFO to drive business growth

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Infinite Uptime, global predictive maintenance, and industrial diagnostics provider, strengthens its executive management with the appointment of Suyash Patwardhan as the new Chief Financial Officer. Suyash brings over 20 years of diverse experience in financial strategy and planning, capital management, accounting, taxation, audits, compliance, shared services, operations, and stakeholder management.

“We welcome Suyash onboard as our newly appointed CFO. Suyash is a high-impact finance executive and will act as a business partner to create more value for our customers, partners, and stakeholders worldwide. His acumen and dynamic leadership will be a tremendous asset in delivering profitable growth and accelerating the overall business strategy,” said Dr. Raunak Bhinge, CEO and Founder, Infinite Uptime.

Suyash has previously held a range of finance and executive leadership roles at top-notch companies such as Smollan, Parthenon-EY, and Snipp Interactive. At Snipp Interactive, he revamped the finance strategy for all locations across North America, Europe, and Asia. Apart from this, he has spent over half a decade at Parthenon where he steered the financial aspects of the company and led the finance function as the General Manager for India and Singapore. In his last role at Smollan, Suyash worked as the Head of Finance and Taxation leading a team of 20+ Tax and Finance professionals.

“Infinite Uptime is playing a pivotal role in transforming the industrial diagnostics landscape with a Digital-First approach. We are driven by a vision to provide end-customer value to global plant maintenance teams by leveraging disruptive technologies, customer-centric innovation, and human intelligence. This has helped us scale multi-fold in a short time. The journey ahead is unquestionably exciting for us and I am grateful to join hands with Infinite Uptime,” said Suyash Patwardhan, CFO, Infinite Uptime.

Source: https://www.expresscomputer.in/news/infinite-uptime-appoints-suyash-patwardhan-as-their-new-cfo-to-drive-business-growth/86477/

Coda Octopus Group Announces the retirement of Mr. Mike Midgley, current Chief Financial Officer (CFO) and appointment of new

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ORLANDO, FL, May 31, 2022 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA) today announced the retirement of its current Chief Financial Officer, Mike Midgley who will formally leave his post in June 2022 and the appointment of Nathan Parker who will succeed Mr. Midgley as CFO, effective June 13, 2022. Mr. Parker will be based in Salt Lake City.

Nathan Parker joins the Group as a well-qualified and experienced financial professional who will bring a number of additional skills to this role.

Mr. Parker was awarded his Bachelor of Science in Financial Services at Brigham Young University in Utah and his MBA, Beta Gamma Sigma, at Michigan State University. He joins the Company with a total of nineteen years’ experience working in financial roles.

From 2021 to 2022, Nathan was Chief Financial Officer for the Water Treatment business of Franklin Electric, a Fort Wayne Indiana based $2Bn global leading manufacturer and distributor of water and fuel systems for use across residential, commercial, agricultural, industrial, and municipal applications.

From 2016 Nathan was Chief Financial Officer of The RDI Group, a large privately held manufacturer of industrial systems for the asphalt roofing, construction, telecom, power and metal coil processing industries.

Earlier in Nathan’s career he worked for several years as an investment analyst and as Head of Research for The Connable Office, a large multiple-family investment firm offering wealth management, holistic planning, and trust and advisory services.

Bringing this wide-ranging financial experience and skills to the Group, Nathan Parker BSc, MBA is an important addition to Coda’s Group management team. The Board of Directors and Group thanks Mike Midgley for his excellent work over the 14 years he has been with the Company and wishes him a very happy retirement. Mr. Midgley will continue to provide transitional support to the new CFO as may be required.

About Coda Octopus Group, Inc.

The Company, founded in 1994, innovates, develops, manufactures, and markets subsea products (software and hardware) including its flagship real-time 3D, 4D,5D and 6D underwater volumetric imaging sonar technology, marketed under the name “Echoscope^®”. This sonar technology generates real-time 3D, 4D, 5D and 6D imaging for underwater applications. Echoscope^® is used globally in numerous underwater imaging applications in the commercial and defense sector including underwater mapping, offshore renewables (cable installations and surveys), obstacle avoidance, marine construction, subsea infrastructure installation, decommissioning, diving applications and port and harbor security. In addition to the Marine Products business, Coda Octopus Products Limited and Coda Octopus Products, Inc., CODA’s two defense engineering services businesses are Coda Octopus Colmek and Coda Octopus Martech. Coda Octopus Colmek is a Qualified Small Business supplier of engineering services and systems with over 40 years of experience developing, supporting and maintaining mission critical defense systems for military applications. For further information, please visit http://www.codaoctopusgroup.com or contact us at coda@codaoctopusgroup.com.

Source: https://www.bloomberg.com/press-releases/2022-05-31/coda-octopus-group-announces-the-retirement-of-mr-mike-midgley-current-chief-financial-officer-cfo-and-appointment-of-new

Belships ASA: CFO resignation and appointment of new CFO

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Osvald Fossholm has decided to retire from the company. Osvald Fossholm joined Belships in 1990, and has served as CFO since 2008. The board of directors would like to sincerely thank Fossholm for his long tenure, strong commitment and efforts for the Company for more than 30 years. Mr. Fossholm will remain available for the company during a transition period.

Following this resignation, the company has appointed Yngve Aslaksen Gram as CFO. Gram is currently VP Finance of Belships ASA and will assume his new position on 1st July 2022.

For further information, please contact Lars Christian Skarsgård, Belships CEO, phone +47 977 68 061 or e-mail LCS@belships.no

Source: https://ca.finance.yahoo.com/news/belships-asa-cfo-resignation-appointment-181100301.html

Stephen Burns joins Queensland based ad tech company Cartelux as Chief Financial Officer

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Sunshine Coast, June 2nd 2022; The Queensland based ad tech company, Cartelux, has appointed Stephen Burns to run its financial department and advise the company in its upcoming funding rounds. Stephen will be based at the Cartelux Headquarters on the Sunshine Coast.

Cartelux was founded in 2020 by lifelong entrepreneur Joshua Williams to simplify digital advertising. The Cartelux platform allows global brands to empower their local retail networks by simplifying and automating the ad creation, approval and media buying process across all media channels.

Stephen, a Certified Practicing Accountant (CPA), spent a number of years in the Department of Defence as a civilian before starting his army career. He served as Business Manager to the Special Air Service Regiment in Perth, the HQ Special Operations Command Australia, and finally to the HQ 16th Brigade (Aviation). After various deployments to Afghanistan and Iraq during his postings, Stephen left the military to work for Airbus Asia Pacific in Brisbane. At Airbus he oversaw the financial aspects of the military contracts for the construction and maintenance of major, complex aircraft projects including the Armed Reconnaissance Helicopter (ARH).

After his seven year tenure at Airbus, Stephen became CFO for a privately owned group of companies, and served as CFO of the ASX listed tech company xReality group (previously ASX: IDZ). He then returned to Queensland adding value to several Start-ups and SMEs with high growth potential, this ultimately led to Cartelux and the global scalability that is available through the Cartelux platform.

Stephen Burns, CFO of Cartelux: “I am excited to be part of this team and the extraordinary global potential of the Cartelux technology. Of all the businesses I have been involved with, this is definitely the frontrunner in global scalability. I am particularly proud to be part of the thriving tech industry on the sunshine coast.”

Recently Cartelux secured an Export Market Development Grant (EMDG) from Austrade, The Australian Trade and Investment Commission.

Joshua Williams, Cartelux Founder and CEO comments: “We have been global from day one – offering a globally scalable platform ready to be used all over the world was at the center of my idea. We are excited to have the Australian government Trade and Investment commission’s support for exporting our proprietary Australian technology. With this support, and Stephen’s diverse background and vast expertise, I am thrilled to see accelerating growth that we are experiencing around the world, growing the Australian tech ecosystem and creating jobs in Queensland.”

The appointment comes at a time of rapid global growth for the business following client activations in Thailand, India, Australia, Switzerland, Spain, and Germany; work for clients including BMW Group, Ford, Nissan, Renault, MG, and Honda; and establishment of a global partnership with Google. 

About Cartelux

The Australian Ad tech company Cartelux was founded in 2020 by lifelong entrepreneur Joshua Williams to simplify digital advertising. Cartelux is based on the Sunshine Coast, Australia. The company operates the most easy to use platform to create, amplify and measure local digital campaigns at the highest professional level. Cartelux gives even the smallest media spenders access to campaign professionality and empowers them to participate in the global digital knowledge pool. The agile platform allows for smooth integrations, with the product offering spanning the vast digital advertising landscape including the google and meta ad tool set.

Pepperfry appoints Anand Batra as Chief Financial Officer

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Pepperfry, the ecommerce furniture and home goods company, today announced the appointment of Anand Batra as its Chief Financial Officer (CFO). This is Anand’s second stint with Pepperfry, his first being a five-year stint during the early days of Pepperfry’s inception. In his role as CFO, Anand will spearhead the organization’s corporate strategy, fundraising efforts, financial operations, legal and secretarial functions. His appointment is effective immediately and he will be based at the Pepperfry corporate office in Mumbai.

Anand is a seasoned finance professional with more than a decade of experience in venture capital, business management, financial planning and operations, fundraising, strategy, and investment banking.

Prior to joining Pepperfry, Anand worked as Executive Director at Z3Partners, a leading tech and digital Fund, where he was involved with the Fund’s investments in Dealshare, Shipsy, Gramophone and Cyfirma. Prior to joining Z3Partners, Anand was a principal in the investing team at IvyCap Ventures, focusing on early stage investments in India consumer and technology enabled businesses.

Before starting his career as an investor, Anand headed up Category Management for the Home Goods business at Pepperfry. During this stint, Anand transformed the home business unit economics, while maintaining high levels of customer experience. Prior to this, Anand headed up the Financial Planning and Strategy function at Pepperfry, where he led fundraising efforts, apart from helping shape the Company’s omni-channel strategy and launching business categories.

Anand started his career as an investment banker at Lazard and Avendus Capital in India. Anand is a graduate of the London School of Economics and Narsee Monjee College, Mumbai.

Ambareesh Murty, Co-Founder & CEO, Pepperfry said, “We are thrilled to welcome Anand back home. His contributions during Pepperfry’s formative years were invaluable and had helped steer our business through several transformational changes. I am a fan of his wide world view and look forward to working with him to chart Pepperfry’s future through India’s rapidly evolving digital and retail landscape.”

“It gives me great delight to rejoin the Pepperfry family. The company is a differentiated brand in the ecommerce space and has undisputedly built a community-based platform defining home and living. In its decade long journey, Pepperfry has shown all the makings of a strong consumer brand. I look forward to working closely with the team to drive the next phase of growth.” said Anand Batra, Chief Financial Officer, Pepperfry.

Source: https://www.exchange4media.com/people-movement-news/pepperfry-appoints-anand-batra-as-chief-financial-officer-120489.html

Jollibee Group appoints new CFO

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Jollibee Group, one of the largest and fastest-growing restaurant companies in the world, has appointed Richard Shin as its new Chief Financial Officer (CFO).
 
In a statement, Jollibee said Shin’s appointment would be effective May 1.
 
Shin is succeeding Ysmael V. Baysa, retiring from JFC on April 30, 2022. 
 
During Baysa’s tenure, the market value of JFC increased 15 times from P17 billion when he joined JFC in 2003 to P253 billion, making JFC one of the most valued restaurant companies in the world. 
 
Jollibee said Shin brings nearly three decades of financial and business leadership experience across multiple industries, including FMCG, Retail, and Aquaculture. 
 
Before joining Jollibee Group, Shin worked as the Group CFO and Executive Committee Member of Grobest Group Holdings Limited, a Private Equity portfolio company based in Taiwan and Hong Kong, China. 
 
He also previously held Asia Pacific CFO positions in William Grant & Sons Singapore.
 
“As we continue our accelerated expansion, we are confident that Richard’s global experience and proven track record will help the Jollibee Group achieve its vision of becoming one of the top five restaurant companies in the world,” said Ernesto Tanmantiong, Chief Executive Officer of Jollibee Group.

Source: https://globaldailymirror.com/Web/full_article/jollibee-group-appoints-new-cfo20900

Autohome Inc. Announces Appointment of New Chief Financial Officer

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DigitalCFO Newsroom | 9 May 2022

Autohome Inc. announced the appointment of Mr. Craig Yan Zeng as its Chief Financial Officer, effective immediately.

Autohome Inc., the leading online destination for automobile consumers in China, today announced the appointment of Mr. Craig Yan Zeng as its Chief Financial Officer, effective immediately.

Mr. Craig Yan Zeng has over 20 years of experience in capital market and has held senior management positions in many companies. He has been a director of LexinFintech (Nasdaq: LX) since December 2017 and served as the chief financial officer of LexinFintech from November 2016 to June 2021. Prior to joining LexinFintech, Mr. Zeng served as the chief financial officer of YeePay, an e-payment service provider in China. Before that, he served as the vice president of Hop Hing Group Holdings Limited, a company previously listed on the Hong Kong Stock Exchange, from 2013 to 2015, and as the executive vice president of VanceInfo Technologies Inc., a company previously listed on the New York Stock Exchange, from 2010 to 2013. Prior to 2010, Mr. Zeng served as a financial director of Microsoft (Greater China) from 2008 to 2009, and worked for Venustech Group Inc. (SZ: 002439) from 2006 to 2008, during which he served several senior management positions including as its chief operating officer and chief financial officer. He also worked for General Electric in the U.S. Mr. Zeng received his master’s degree in business administration from the Stern School of Business of New York University in 1999, and his bachelor’s degree in chemistry from Beijing University of Chemical Technology in 1991.

“Craig has extensive experience in financial management and in-depth understanding of the capital market,” commented Mr. Quan Long, Chairman of the Board of Directors and Chief Executive Officer of Autohome. “We are delighted to have Craig serve as our new Chief Financial Officer, and we believe his experience, skills and leadership will be of great value to the Company and help Autohome achieve the next stage of growth.”

Board of ICICI Bank Approves Change In Directorate And Appointment of Group CFO

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DigitalCFO Newsroom | 25 April 2022

Anindya Banerjee to take on the role of Group Chief Financial Officer and Key Managerial Personnel of the Bank.

While announcing its quarterly and year-ended result for March 2022 period, ICICI Bank on Saturday made key changes in its board panel. Rakesh Jha has been appointed as the Wholetime Director of the bank, and will hence cease to be Group Chief Financial Officer from May 1.

In its regulatory filing, ICICI Bank said that the Board of Directors has approved the appointment of Rakesh Jha as a Wholetime Director (designated as Executive Director) subject to regulatory approvals for five years effective from May 1, 2022, or the date of approval of his appointment by RBI, whichever is later.

With the new post, Jha would cease to be the Group Chief Financial Officer and Key Managerial Personnel of the Bank effective May 1, 2022.

Jha is an engineering graduate from the Indian Institute of Technology at Delhi and a post-graduate in management from the Indian Institute of Management, Lucknow. He joined ICICI Limited in 1996 in the Planning & Treasury Department.

With around 25 years of experience at ICICI, Jha has worked across various functions including financial planning and analysis, accounting, treasury, strategy, and investor relations, and has deep knowledge of the banking business.

At present, Jha is the Group Chief Financial Officer of the bank and heads the Performance Information and Value Management Group, (responsible for bank-wide planning & performance analysis, management information systems, capital planning and optimization, strategic assignments, and analyst & investor relations), Financial Accounting & Reporting group and Asset Liability Management Group.

To take the role of Rakesh Jha after he resumes his new post, the bank’s board approved the appointment of Anindya Banerjee as the Group Chief Financial Officer and Key Managerial Personnel of the Bank.

Anindya Banerjee qualified as a chartered accountant (CA) in 1998 and was an all-India rank holder in the CA final examination. He joined the ICICI Group in 1998 and initially worked in the area of corporate banking before moving to the planning and strategy function in the corporate office. He was a key member of the team that worked on the merger of ICICI Limited with ICICI Bank.

Source: Mint

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