Money & Banking

IDFC names Sunil Kakar as Group CFO

PTI Mumbai | Updated on February 14, 2011

Infrastructure finance firm, IDFC, on Monday announced the appointment of Mr Sunil Kakar as Group Chief Financial Officer (CFO), succeeding Mr L K Narayan, who has moved on to the not—for—profit sector.

The appointment will be effective immediately, a company release said here. Mr Kakar brings with him over 25 years of experience encompassing various financial roles and a career that kick started with Bank of America.

Prior to joining IDFC, Mr Kakar dedicated 10 years to Max New York Life Insurance Company as CFO, India.

Inducted on the management committee of IDFC Group, Mr Kakar, as the Group CFO, will be responsible for finance & accounts, business planning and budgeting, investor relations, resource raising and IT, the release said.

The company’s Managing Director & CEO, Mr Rajiv Lall, said, “Mr Sunil Kakar, undoubtedly, will ensure financial direction, oversight and control to IDFC and its Group companies.”

Published on February 14, 2011

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like