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CNBC-TV18 gives away CFO Awards 2012

India’s most distinguished Awards for Financial Excellence enters its sixth year

February 21, 2012:

CNBC-TV18 has felicitated the winners of India’s most distinguished awards for financial excellence - the CFO Awards 2012. The event was held at the ITC Grand Central and witnessed many prominent names from the industry like Y.M. Deosthalee-Chairman & Managing Director-L&T Finance Holdings, Keki Mistry, Vice Chairman & Chief Executive Officer, HDFC Ltd amongst others.

CNBC-TV18’s CFO Awards have recognized and acknowledged the wizards of the financial world. Under their leadership, they have steered their institutions through financial downturn to achieve new heights on the domestic as well as global platform. This is the league of individuals who have managed India's global aspirations with such precision that they are now India’s ambassadors to the world.

Speaking on the occasion, Udayan Mukherjee, Managing Editor, CNBC-TV18 said, “It takes intuition, leadership and vision to guide India’s corporates through the current turbulent phase. If the current growth figures, even in the time of an imminent European recession are anything to go by, India fares well in terms of its corporate financial growth. CNBC-TV18’s CFO Awards aim at recognizing the acumen of India’s leading financial captains who have steadfastly helped maintain growth.”

The jury comprised of renowned experts in their respective fields. This year K.V. Kamath, Non-Executive Chairman, ICICI Bank & Infosys Limited chaired the jury. Joining him were Sanjay Nayar, CEO and Country Head, Kohlberg, Kravis & Roberts, Y.M. Deosthalee-Chairman & Managing Director-L&T Finance Holdings, Bharat Doshi-Executive Director-Mahindra & Mahindra and Keki Mistry, Vice Chairman & Chief Executive Officer, HDFC Ltd.

The winners of ‘CNBC-TV18 CFO Awards 2012’:-

1.      Best Performing CFO in the Auto & Auto Ancillary Sector Uday Phadke,  President – Finance, Legal & Financial Services Sector, Mahindra & Mahindra
2.      Best Performing CFO in the Banking/Financial Services Sector N.S. Kannan- Executive Director & Chief Financial Officer, ICICI Bank
3.      Best Performing CFO in the Capital Goods Sector Gopal Mahadevan - Chief Financial Officer and Executive Vice President., Thermax
4.      Best Performing CFO in the Commodities Sector Krishna Kumar Kumbhat - CFO, Shree Renuka Sugars
5.      Best Performing CFO in the Fast Moving Consumer Goods & Retail Sector Milind Sarwate - Group Chief Finance Officer & Chief Human Resource Officer Marico Limited
6.      Best Performing CFO in the Infrastructure & Power Sector S. Ramakrishnan- Executive. Director finance - Tata Power co. ltd
7.      Best Performing CFO in the IT & ITES Sector S. Mahalingam, Chief Financial Officer and Executive Director, Tata Consultancy Services
8.      Best Performing CFO in the Metals Sector Koushik Chatterjee -Group CFO, Tata Steel
9.      Best Performing CFO in the Oil & Gas/Chemicals Sector D.K. Sarraf -  CEO -ONGC videsh
10.    Best Performing CFO in the Pharma/Healthcare Sector Sudhir Valia - SUN Pharma
11.    Best Deal in the M&A Category A V Birla Group
12.    CFO of the Year S. Mahalingam - TCS

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