Happiest Minds Technologies appoints Anand Balakrishnan as CFO
Mid-tier
IT services company
Happiest Minds Technologies has appointed
Anand Balakrishnan
as its chief financial officer (CFO) effective June 12.
Balakrishnan will be reporting to managing director (MD)
Venkatraman Narayanan
, who will cease to hold the position of CFO, which he held over the past decade, the Bengaluru-based company informed in a stock exchange filing.
Prior to this, Balakrishnan served as CEO at
Mindteck
, a publicly-listed IT services company, steering the company back to profitability during his six-year tenure.
Balakrishnan has over 20 years of experience in
financial management
, accounting, and strategic leadership and has held senior positions at several organisations, including PwC, KPMG, Marsh McLennan (formerly JLT), GE Healthcare, and Mindteck.
A chartered accountant, cost accountant and an American certified public accountant, Balakrishnan was appointed as the CFO designate at
Happiest Minds Technologies
in May.
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'He brings a strong blend of financial acumen and strategic thinking that aligns perfectly with our vision for the future. I look forward to working closely with him as we continue driving innovation, delivering value to our stakeholders, and building a sustainable and growth-focussed organisation,' said Narayanan.
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Happiest Minds Technologies has operations in the US, the UK, Canada, Australia, and the Middle East, offering
digital transformation services
for enterprises and technology providers.
On Thursday, the company's shares ended weaker by nearly 1.5% to end the day's trade at Rs 610 apiece on the BSE Sensex, which closed lower by 1%.
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