The FE CFO of the Year Awards 2022 returned today to honour and celebrate excellence, best practices and outstanding achievements by India’s leading Chief Financial Officers. With Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles as the Chief Guest and Sanjiv Mehta, Chairman and MD, HUL delivering a leadership talk, the event has attracted captains of India Inc. Seshagiri Rao of JSW Group won the lifetime achievement award and Shrikanth Venkatachari joint CFO of Reliance Industries won the CFO of the year award.
Seshagiri Rao, JSW Group CFO won the award for his lifetime achievement in the world of finance. He was recognized as a veteran finance professional who with his vision and exemplary contribution to the businesses and has become an inspiration for many across the industry
Shrikanth Venkatachari, Joint CFO, Reliance Industries Limited won the FE CFO of the year award 2022. He was recognized for his innovative ideas, business excellence and overall progress of RIL.
HCL Technologies, ICICI Lombard General Insurance, Bajaj Finance Limited, and Wipro Limited were the winners in the category.
Divi's Laboratories, National Mineral Development Corporation, and Gland Pharma were the winners in this category.
ICICI Securities, Persistent Systems, Motilal Oswal Financial Services Limited were the winners.
Ajanta Pharma Limited, Grindwell Norton Limited, and Pfizer Limited were the winners.
Sonata Software Limited, eClerx Services Limited, Dr Lal Path Labs, and Aptus Value Housing Finance were the winners of the category.
Polyplex Corporation Limited, Suven Pharmaceuticals Limited, and Metropolis Healthcare Limited win the award.
Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles concluded his remarks at the FE CFO Awards 2022. He laid emphasises on India's growth in various industries and shed light on what his ministry plans ahead.
“I ensure you, our country is moving on the right track to achieve some outstanding results in the years to come as we aim for sustainable growth, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards.
We have one of the finest ports at JNPT but it has no road connectivity to the national highway, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards. The minister said that PM Gati Shakti can change such a situation.
PLI scheme has identified sectors that have huge global opportunities but where India has remained a marginal player, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards. He added that PLI seeks to bridge the gap here by increasing India's presence.
Indian industries ready to work with the world, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards. He added that Indian industries are ready for transparent and free environment across the globe.
Indian ministries make an effort to save Indian industries while discussing agreements with other countries, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards.
Fastest negotiated FTA between India and UAE was done in 88 days, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards. He added that the FTA opened opportunities for Indian businesses, and expects trade of $100 billion.
“India negotiating a free trade agreement with Australia, UK, Canada, EU, and very soon with Israel,” said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards.
When PM Modi talks about Self-reliant India he does not talk about closing India's doors, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards.
$250 billion in service exports likely this fiscal year, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards.
Aiming to close the fiscal year at $410 billion in exports, said Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles at FE CFO Awards. India has hit $400 billion mark already, a record.
Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles begins addressing the FE CFO Awards 2022.
Piyush Goyal, the Chief Guest for FE CFO Awards 2022 has arrived at the event.
Currently, 44% workforce is women and in time it will be balanced, said Sanjiv Mehta, Chairman and MD, HUL.
“A critical topic that will dominate governance in the future is ESG. While investors are increasingly evaluating corporations on ESG criteria and Govt focuses on such reporting by companies it is indeed the company's responsibility to find new ways to sustain performance while embedding ESG in its strategy,” said Sanjiv Mehta, Chairman and MD, HUL.
“The last few years have reinforced the need for businesses to drive positive social change,” said Sanjiv Mehta, Chairman and MD, HUL . Businesses need to focus on good governance and sustainability.
“Consumers are asking tough questions now, holding organisations whose products they consume accountable for their actions on economic, social, and environmental fronts,” said Sanjiv Mehta, Chairman and MD, HUL.
“We need to acknowledge, businesses in their quest for growth may have not looked at the interest of the society as they should have,” said Sanjiv Mehta, Chairman and MD, HUL.
“Last few years have shown that seemingly unbreakable systems can get snapped without warning,” said Sanjiv Mehta, Chairman and MD, HUL. He added that businesses now need to adapt to these changes.
“The role of CFO is evolving much beyond finance,” said Sanjiv Mehta, Chairman and MD, HUL. He added that CFOs now are also expected to foster capabilities of the future and deal with ambiguity.
Sanjiv Mehta, Chairman and MD, HUL, begin his leadership talk.
The Awards discover, recognize and reward professionals who have enabled businesses to go beyond the ordinary, and also have had a positive impact on the community at large.