A Chartered Accountant by qualification, Sagar brings with him over 25 years of extensive experience in the field of Finance. He has been an integral part of the Blue Dart family for over eight years, having held key leadership roles such as Corporate Controller, Head – Corporate Accounts, and, most recently, as the Interim CFO of the company. His distinguished career includes significant leadership roles across diverse industries, with tenures at DHL Express India, Burger King India, Shell Lubricants, and Owens Corning India.

Commenting on the appointment, Balfour Manuel, Managing Director, Blue Dart Express, said, “We are delighted to have Sagar take on the role of Chief Financial Officer at Blue Dart. His deep understanding of Blue Dart’s business, combined with strong financial and strategic acumen, positions him well to lead the company’s finance function. I am confident that under his stewardship, our finance function will continue to drive strategic value, enabling sustained growth and excellence for Blue Dart.”

Expressing his gratitude, Sagar Patil, Chief Financial Officer at Blue Dart, said, “Blue Dart has played a significant role in my professional journey, and I am deeply grateful for the opportunity presented to me. Having been associated with Blue Dart for many years, it is a moment of great pride to be entrusted with the responsibility of leading the company’s finance function. I look forward to contributing further to the company’s growth by driving robust financial strategies and supporting our continued leadership in the logistics industry.”

Sagar’s appointment underscores Blue Dart’s commitment to strengthening its financial leadership in pursuit of the company’s strategic goals.

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MUMBAI: MediBuddy, India’s leading digital healthcare company, has announced the appointment of Sidhartha Mehra as Chief Financial Officer (CFO). With over 20 years of global and Indian experience across multinational corporations and high-growth enterprises, Sidhartha has led Finance, Legal, Compliance, HR, Investments, and Procurement functions. He brings a rare blend of financial acumen and cross-functional leadership, with expertise in IPO, M&A, and strategic financial management.

In his role at MediBuddy, Sidhartha will lead MediBuddy’s financial strategy, capital management, and regulatory compliance. His proven expertise in managing large-scale M&A, corporate restructuring, finance transformation, and strategic capital allocation will be instrumental in driving long-term value creation for the company and its stakeholders.

Satish Kannan, Co-founder and CEO of MediBuddy, said, “Sidhartha’s strategic foresight, combined with his cross-functional expertise, makes him the ideal partner to help MediBuddy navigate its next phase of growth. His ability to align financial performance with broader business strategy will be key in building a financially resilient organisation that can scale sustainably.”

Commenting on his new role, Sidhartha Mehra, CFO, MediBuddy, said, “I’m thrilled to join MediBuddy as it accelerates its mission to make high-quality healthcare accessible to all. Aligned with this vision, my focus will be on building a world-class finance function that enables scale, drives strategic growth, and unlocks long-term enterprise value. I look forward to driving measurable impact at scale, both within the business and across the communities we serve. It is deeply fulfilling to be associated with a purpose-driven company that is transforming lives through empathetic and tech-led healthcare.”

Sidhartha has held senior leadership positions across global financial institutions and leading Indian companies. Most recently, he served as the CFO and CHRO at Zolo, where he played a pivotal role in leading enterprise-wide transformation, driving operational efficiency, and governance frameworks. Before this, he held leadership roles at Jupiter Capital, GE Capital, and Barclays, managing financial planning, regulatory compliance, and business analytics across global markets including the UK, Ireland, Belgium, and India.

In addition to his corporate leadership, Sidhartha also serves as a Professor of Practice at the Manipal Centre for Innovation, Leadership, and Entrepreneurship, highlighting his passion for shaping future leaders in finance and strategy.

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Srivastava’s position at EKA Mobility will include organizational expansion, with an emphasis on top-line P&L responsibility. Sales, marketing, business development, and product management will all fall under his purview. His significant experience in developing innovative business models and encouraging value creation from the ground up will be critical in propelling EKA Mobility’s growth and success. 

Dr. Sudhir Mehta, Founder and Chairman of EKA Mobility, said, “Delighted to welcome Rohit Srivastava to the EKA Mobility family. His vast experience and proven track record in the commercial vehicles and EV sectors make him an invaluable addition to our team. We are confident that his leadership will drive our mission of transforming the electric mobility landscape.”

With over three decades of distinguished experience in Sales and Marketing, Srivastava has played a pivotal role in establishing sustainable businesses. He began his career with TATA Motors and progressed through the ranks to many distinguished positions within the company. In his most recent position, he was the Business Head of commercial Vehicles Passenger (CVP) at TATA Motors Ltd., where he was responsible for spearheading the electrification effort and advancing EV adoption in the public transport sector spanning buses, vans, and minivans. An engineer by training and a CII-Fulbright fellow, he is well-known for his customer-centric approach, lean thinking, and value chain optimization. His ability to create product strategies, establish project QCT objectives, and drive product development, testing, and validation has been critical in establishing EV portfolios and tech stacks for EV products.

Rohit Srivastava, Chief Growth Officer of EKA Mobility, stated, “Joining EKA Mobility is a tremendous opportunity to contribute to a revolutionary phase in the mobility industry. I am eager to leverage my experience in driving customer-centric and sustainable business strategies to help EKA Mobility lead the charge in electric vehicle innovation. Together, we will build a future that prioritizes efficiency, sustainability, profitability, and exceptional customer experiences.”

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Shri Naveen Chandra Jha has been associated with the State Bank of India since 1994 and has held several key positions during his tenure. Before his current role at SBI General Insurance, Shri Naveen Chandra Jha, Deputy Managing Director, at State Bank of India, served as the Chief General Manager of Amaravati Circle, Andhra Pradesh.

Shri Naveen Chandra Jha brings over three decades of extensive experience in the banking industry. Throughout his career, he has held various important functional and operational roles, including Branch Management, Credit and Risk Management with a focus on SME Credit, HR & Administration, and Retail Banking. He has excelled in numerous crucial roles such as Regional Manager, Deputy General Manager (CDS), Deputy General Manager (Cadre Management), General Manager of Network, and Chief General Manager of the Circle.

During his tenure, the Amaravati Circle was consistently perceived as the top-performing circle. He has made significant contributions to business development and has been recognized for his exceptional service by being selected for the Chairman’s Club in the Branch manager category in 2005 and as Regional Manager in 2015.

At SBI General Insurance, Shri Naveen Chandra Jha is set to leverage his vast experience and business acumen to drive the company towards greater success. His emphasis on overall business strategy, operations, budgeting, and strategic growth aligns perfectly with the company’s mission of being a leading player in the industry.

Shri Jha firmly believes that the engagement of human resources and customer centricity is key to the success of any organization. He has consistently worked towards ensuring that both employee satisfaction and customer experience are prioritized. His motto, “Great Numbers with Excellent Quality,” reflects his commitment to achieving outstanding results while maintaining high standards of service and operational excellence. Shri Jha’s extensive experience will be invaluable as SBI General Insurance continues to navigate its path to success aiming to provide “Suraksha aur Bharosa Dono” to all its customers.

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Tapan’s immediate focus will be to spearhead corporate strategy and financial operations. He will also closely collaborate with existing teams to strengthen the overall financial framework and restructure specific systems to prepare the company for its next phase of growth and achieve profitability.

Abhimanyu Saxena, Co-Founder of InterviewBit & Scaler, said, “At Scaler, we are committed to providing the best possible tech education experience available to aspiring engineers and software professionals in the country. To ensure we can achieve this critical nation-building mission, we must work with the brightest minds across all business verticals. With that in mind, we have over 1600 people who work with us, and all are equally committed to our vision statement. The next few years are very crucial in our journey. While we have created a solid foundation with our product offerings, we want to strengthen our bottom line and attain profitability. Tapan is perfectly positioned to help us in our endeavor. We are excited to work with him as we continue building the best tech education company to come out of India.”

With close to 20 years of experience, Tapan has worked across diverse sectors within the country’s financial industry, including investment banking and corporate finance for both large conglomerates as well as new-age start-ups, including SugarBox Networks (Part of Zee Entertainment Group), Baazi Games, Den Networks and CarDekho Group, which includes Insurance Dekho and Rupyy.

Tapan Jindal, CFO at InterviewBit and Scaler, said, “Education is close to my heart, and having run an education venture early in my career, I feel Scaler is my new home. It is an exciting time to join the young brand as it continues to make solid progress. I look forward to building momentum and delivering on their growth strategy. We will endeavor to strengthen the financial and governance practices as we work towards creating a globally admired tech education company out of India.”

The year 2023 saw Scaler achieve positive cash flow and were also profitable in the JAS (Jul-Aug-Sep) quarter. The aim for the year 2024 is to maintain this over the next few quarters and lead to annual profitability. While several ed-tech and start-up brands let go of employees and shrunk their existing operations, Scaler was able to post such promising growth without reducing its headcount and rolled out several initiatives, such as the GPT-4 powered AI teaching assistant that not only enhanced learner experience but also aided in cost efficiency.

Scaler partnered with NSDC and joined the #SkillIndia mission to help the country meet its growing demand for Software Development Engineers, Data Scientists, and Machine Learning specialists through its unique and effective upskilling programs. Scaler launched Scaler Topics, a gamified free learn-to-code platform that can provide quality technical content for anyone interested in software-related subjects. Scaler also introduced its ambitious undergraduate program, the Scaler School of Technology, early in 2023, and the program saw phenomenal uptake, with over 54,000 applications coming in for its first batch. Scaler’s upskilling programs – Scaler Academy and Scaler DSML – also saw significant growth, with the brand aiding over 30,000 working professionals with their career goals.

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The ‘Krutadnyata Award’ was presented at the hands of renowned special public prosecutor Ujwal Nikam in the presence of Sandeep Karnik; IPS, Joint Commissioner of Police, Pune City. The award function was open to all and held on Monday 27th November 2023 at M.E.S Balshikshan Sabhagruha. Nilesh Sonigra Foundation will support this award.

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Ms. Vazirani is an accomplished leader in Schaeffler, who joined the company in 1992 and grew with the company in IT, Finance, and Corporate Strategy functions. She has held various leadership roles in Schaeffler across the Asia Pacific and India. She has led several large programs in the region including the post-merger integration of Indian entities. In her most recent role as the Vice President of Strategy – Asia Pacific, she was based in Singapore. Besides various other strategic projects in AP, she led the implementation of the ambitious transformation project “Roadmap 2025” for the Asia Pacific region.

In her new role, she will report to Harsha Kadam, CEO & Managing Director of Schaeffler India Limited. She is a Certified Accounting Specialist from Accovalist Institute Germany and completed several management programs from management schools of repute like INSEAD, Dukes, and IIM Bangalore.

Speaking on the appointment, Ms. Sumithasri Eranti, Chairwoman, Board of Directors, Schaeffler India Limited said, “I am delighted that we are able to find a great fit within the organization, for such an important position. Hardevi is someone who comes with proven credentials to take on this role with the India management. I look forward to working with her in her new role and wish her all the best. I thank Satish for navigating us throughout these years and contributing to the growth of our India entity.”

Harsha Kadam Managing Director & CEO of Schaeffler India, said, “Hardevi is an accomplished leader and has tremendous knowledge of the region as well as India. She brings in a wealth of experience and perspective and we welcome her to the India leadership team. My sincere thanks to Satish for his leadership and counsel throughout the years, leading the company to such heights and notably, to a leadership position in corporate governance.”

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Driven by strong business acumen and demonstrated versatility in operating in complex business environments, Swami has consistently delivered results and helped take strategic decisions with strong business impact.

Expressing his delight, Shantanu Mitra, CEO & MD, of SMFG India Credit, said, “I am happy to witness Swami’s growth and his expanded role and responsibilities with us. In his enhanced role, he will lead our digital transformation, corporate legal initiatives, and operational efficiency, and focus on building a strong infrastructure, as well as, prioritizing our people and community. This appointment reflects our commitment to developing and nurturing talented leaders who possess proven credentials and exhibit strong learning agility. We extend our best wishes to Swami for the journey ahead.”

Speaking on the occasion Chairman of SMFG India Credit, Noboyuki Kawabata, said “I extend my heartfelt congratulations on Swami’s well-deserved promotion to the position of Chief Operating Officer. His exceptional understanding of the business, as well as dedication and hard work, have certainly made a significant impact on our India franchise and is reflected in his personal growth. As he transitions from his current role as CPO to COO, I am confident that his deep insights and strategic thinking will continue to further drive SMFG India Credit forward”.

Swami has held leadership roles across various geographies such as Africa, Asia, and the Middle East, apart from India, for over 25 years of his experience in MNC and Indian Business Houses. Before joining the SMFG India Credit family again in May 2021, he was with Sterlite Power, heading the HR function as Group Chief Human Resources Officer (CHRO) for India and Brazil. He has worked with leading companies across the globe during his career, such as Reliance Capital, JP Morgan, Barclays, Standard Chartered Bank, and Accenture.

Swami holds a gold medal in Engineering from Jadavpur University and an MBA from XLRI Jamshedpur.

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INDIA: At its meeting today, the Supervisory Board of Vitesco Technologies Group AG appointed Sabine Nitzsche (50) as the new chief financial officer with effect from November 1, 2023.

Sabine Nitzsche succeeds Werner Volz (64), who assumed the role of managing director and chief financial officer in the course of the carve-out (January 1, 2019) and spin-off with consecutive listing (March 9, 2021) of the former Continental division Powertrain and later Vitesco Technologies Group AG and will enter into his well- deserved retirement. Both will share the month of October to guarantee a flawless transfer.

“With Sabine Nitzsche, we have appointed a very successful and recognized manager to head the financial resort. The Supervisory Board wishes her all the best and every success in her new role,” said Professor Siegfried Wolf, chairman of the Vitesco Technologies Supervisory Board.

“I am looking forward to working with Sabine Nitzsche,” said CEO Andreas Wolf adding: “On behalf of the whole Executive Board, I want to warmly welcome her to Vitesco Technologies. We are convinced that with her broad professional experience, she will be successful as head of finance.”

Sabine Nitzsche started her professional career at Infineon in 1994. She passed through several operational functions in procurement as well as in project management before gaining experience in the

Advanced Mask Technology Center (development and manufacturing of photolithography masks) in 2003, first in financial strategic business and later as director of business administration. In 2011, her career path led her to Globalfoundries (US-based global semiconductor solutions contract manufacturer), where she took over the CFO position for the EMEA division in 2018 after seven years of financial divisional management. Finally, her path led back to Infineon in 2021, then to the role of CFO for the Automotive business segment.

On the occasion of today’s meeting, both the Supervisory Board and the Executive Board also paid final tribute to the outstanding achievements of the outgoing Executive Board member Werner Volz.

“On behalf of the Executive Board and the global Vitesco Technologies team, I would like to thank him for his many years of extraordinary commitment and valuable contribution at the helm of our company, whose financial management he took over during a challenging business phase and has always driven forward meticulously and extremely successfully since the spin-off with the subsequent stock listing. I greatly appreciate that he will continue to be available to us with his knowledge and experience until the end of October and thus until the end of the third quarter”, Andreas Wolf said.

Professor Wolf added: “He deserves our praise and appreciation for the always trusting and collegial cooperation over the past years. In particular, I would like to pay special tribute to Mr. Volz for his achievements in connection with the spin-off of Vitesco Technologies, the securing of a financing base for the coming years, and the creation of a distinct cost culture in the company.“

“Vitesco Technologies is a great company with excellent prospects for the future. Together we have made the company independent and taken it public. The past years have been intense and challenging, but at the same time a great and always fulfilling experience for me – both individually and as part of a team. Now I am looking forward to my next, very private, phase in life and wish Vitesco Technologies continued success,” Werner Volz closed.

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