Updated on 4 March 2013
Mr Krishna Sudheendra - The new group chief financial officer of Opto Circuits, India
Mumbai: Opto Circuits, India, appointed Mr Krishna Sudheendra as the group chief financial officer. This was approved by the board of directors in their meeting held on March 1, 2013. Mr Krishna is a certified public accountant from Denver, US, and is a member of The Institute of Chartered Accountants of India.
Most recently, Mr Krishna was the CFO at UST Global, a global IT services and solutions provider. Over nine years with UST Global, he successfully secured funding and investment to scale the company through an exciting growth phase. In addition to strengthening global operations, he implemented strong financial systems and controls to optimize performance and productivity. He implemented best in class corporate governance, risk and compliance frameworks.
During this period, he also established credible relationships with investors, bankers and financial institutions. In 2011, Mr Krishna was nominated by Orange County Business Journal, as "CFO of the Year - 2011" for his contribution to the company.
Prior to UST Mr Global, Krishna served as a global controller at First Apex (currently a part of NTT Data) where he helped the company achieve strong profitability and robust cash flows along with funding the growth. Over his 19 year career, Mr Krishna has also worked with S B Billimoria & Co (currently part of Deloitte Haskins and Sells) in the audit and tax consultancy practice and GE Global Research. At GE he took charge of building the financial planning and analysis function in alignment with GE Corporate, supporting over eight GE businesses.
Commenting on the appointment, Mr Vinod Ramnani, chairman and managing director, Opto Circuits, said, "We gladly welcome Krishna Sudheendra as group chief financial officer of Opto Circuits. Considering his international professional experience in the key areas of financial management, he will be able to add value to the Company immediately. Additionally, his strong relationships and a track record of performance improvement will lend depth and strength to our global leadership team. As a company, we are well positioned for the next phase of growth."
Commenting on his appointment, Mr Krishna Sudheendra said, "I thank the board of directors of Opto Circuits for providing me with the opportunity to be part of a dynamic management team. I look forward to bringing my experience to the company and will focus on strengthening its financial systems, processes and overall capital structure."