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Business Economy


Intellect Design Arena appoints Venkateswarlu Saranu as new CFO

Mumbai, Jun 21(UNI) Intellect Design Arena Limited said that its Board of Directors in its meeting held on Thursday, has approved the appointment of Mr Venkateswarlu Saranu as Chief Financial Officer of the company with effect from July 1, 2018 on the recommendation of Nomination Remuneration and Compensation Committee and Audit Committee.
Venkat, a rank holder from the Institute of Chartered Accountants of India comes with over 23 years extensive experience in spearheading global finance function developing financial strategies and establishing business practices. His last assignment was with Tata Technologies Limited (TTL) where he served as Chief Financial
Officer.
He was also member of Executive Leadership Team, Risk Management Committee and Mergers and Acquisitions Committee. His contribution was diverse with roles as Director in one of the subsidiary
companies of TTL, as a Trustee of all Retrial Trusts of TTL and as financial advisor and Board member in Employees Credit Cooperative Society.
Prior to last assignment, Mr Saranu worked with KPMG-India as one of its senior management team in statutory audit division and played a crucial role in meeting the requirements of clients and increased business opportunities for the organisation.
Prior to KPMG India, Mr Saranu worked with Borkar & Muzumdar Chartered Accountants - Mumbai, as a senior partner and handled business advisory services for financial and NonFinancial sectors and played an important role in business development.
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