Tuesday, December 2, 2014

Infibeam Appoints Hiren Padhya as CFO

The fastest growing e-commerce technology company of India, Infibeam gets new Chief Financial Officer (CFO), Hiren Padhya. As one more further step towards hitting capital market, Infibeam appoints Mr Padhya as CFO, who, is going to play a key role in the company.

By profession, Mr Padhya holds degrees in Chartered Accountant (CA), Cost Accountant (ICWA) and Company Secretary (CS) after completing bachelor of commerce from H L College, Ahmedabad. He has been a hardcore finance professional with 21 years' solid experience mainly in Finance, Accounts, Project, Business Plan, SEZ formalities and its implementation, MIS and Taxation.

Despite being tough task master Mr Padhya is also a good motivator with excellent interpersonal skills in dealing with subordinates, peers, and superiors. So far, he has gained rich experience in Management Report and controls, reporting to Managing Director, Finance Director and Chairman.

Started his career as Manager (Finance) in 1993 in Ashima Limited with total tenure of almost a decade. In 2002, he joined Elecon group as General Manager (Finance) where the additional portfolio over and above Finance & Accounts, was related to Purchase, Excise and implementation of Oracle.

He was fortunate to have an opportunity to work in big trading group, Adani Exports Limited in 2004 where he got the complete exposure of large scale imports of Coal, exports of Iron Ore, Power trading and Port development project. In two years, Mr Padhya moved to pharmaceutical sector and joined Unimark Remedies Ltd as Vice President (Accounts). In the short-run, he was promoted to Corporate Financial Controller in the company.

Meanwhile, SEZ rules were framed in 2006 and all tax benefits were given to SEZ. Mr Padhya got an opportunity in SEZ of Jubilant group at Bharuch as CFO and Company Secretary in 2008. During his tenure, he developed SEZ and two SEZ Units ensuring all legal compliance and Tax benefits. Then, he came back to Ahmedabad in early 2011 to join an MNC – Duravit India Pvt. Ltd. again as CFO. He was responsible for all compliances including Secretarial over and above Finance, Taxation and Accounts. His last assignment was at Rubber King Tyres as CFO before joining Infibeam.

Mr Padhya brings rich finance experience and will be an invaluable asset to Infibeam. Apart from reading financial books, annual reports and financial statements, Mr Padhya is passionate about making friends, helping others and involved in Brahmakumaris at spiritual level.

Infibeam welcomes Mr Padhya to the family.