Bhubaneswar: Indian Metals and Ferro Alloys Ltd (IMFA), the country`s leading producer of ferro alloys, today announced the appointment of Saunak Gupta as Chief Financial Officer (CFO) consequent to the retirement of Prem Khandelwal as CFO & Company Secretary after a distinguished tenure of two decades.
Mr. Gupta is a qualified Chartered Accountant, Company Secretary and Cost Accountant who has worked in diverse industries such as Blue Star, Wipro, Berger Paints and PwC in a career spanning 26 years. He has handled multiple assignments including mergers & acquisitions, strategic tie-ups, and managing treasury and financial planning for business growth. He joined IMFA as Deputy CFO in 2023 and demonstrably contributed to the Company`s objectives before being elevated as CFO.
Commenting on the appointment, Subhrakant Panda, Managing Director said: In a short span of time Saunak has made his presence felt in not just the finance function but by also helping shape IMFA`s strategic priorities, and I am sure he will contribute significantly to the company`s growth trajectory. I also take this opportunity to acknowledge Prem Khandelwal`s leadership and pivotal role over the years.
On this occasion Saunak Gupta, CFO said: IMFA is positioned for growth with a strong Balance Sheet and expansion & diversification plans already underway. My key focus will be to drive long term strategic initiatives which deliver growth and create value for stakeholders.