Innodata Isogen, a provider of outsourced services to media, information services and publishing companies, has hired O’Neil Nalavadi as senior vice president and chief financial officer (CFO).
He will assume leadership of all strategic and operational finance functions, including financial planning, operational controls, budgeting, forecasting, accounting, taxation, compliance, reporting, and performance management. He will report to Jack Abuhoff, chairman and chief executive officer. Jurgen Tanpho, who has served as interim CFO since April, will resume his functions as a senior executive with various operational responsibilities.
Nalavadi has more than 20 years of experience in various strategic, financial and operational leadership roles with public and private companies, most recently serving as CFO to R Systems International, a provider of outsourced software product development and business process outsourcing (BPO) services. Prior to this, he served as a senior vice president at UB Group, a US$5bn diversified conglomerate, where he worked closely with its high-profile chairman, Dr. Vijay Mallya on a variety of equity offerings, mergers and acquisitions, divestments and IPOs and served as CFO of UB Groups’ outsourced IT services company.
Nalavadi is a graduate of the University of Mumbai, where he was awarded a bachelor’s degree in Commerce and Economics, and is a qualified chartered accountant and member of the Institute of Chartered Accountants.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.