SBI Card’s Chief Risk Officer resigns

SBI Cards has informed that, it’s Chief Risk Officer (CRO) Ms Aparna Kuppuswamy has resigned from the services of the Company. Reason for resignation – has not been informed. Last date at the Company – February 10, 2023 Any reason for being concerned? CRO is an important position in an NBFC. However, given the overall … Read more

Nykaa’s CFO resigns

In a surprise announcement, Nykaa announced the resignation of it’s CFO Mr Arvind Agarwal. Arvind had joined Nykaa in July 2020. Reason for his resignation – “to pursue other opportunities in the digital economy & start-up space” Who is replacing him – no one has been announced yet. It seems that his resignation has come … Read more

Can Fin’s MD & CEO resigns. Based on his track, not a surprise.

Girish Kousgi after spending about 3 years at the Company has put in his papers. Reason for resignation is mentioned to be personal. Investors didn’t like the announcement and the share has corrected by about 15% since announcement in an otherwise strong market. Personally, I am not much surprised with his decision to quit. During … Read more

New CFO joins Tata Power. Seems normal course of business.

On October 28, 2021, Tata Power had informed to appoint Mr Sanjeev Churiwala as new Chief Financial Officer (CFO) to replace Mr Ramesh Subramaniam, who was moving into a new role within the Tata Group. Key points to note – Sanjeev has joined the company w.e.f January 1, 2022. He has more than 27 years … Read more