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OnMobile Global Limited appoints Ganesh Murthy as CFO

Posted On: 2018-03-23 20:34:45

OnMobile, the global leader in mobile entertainment, announces the appointment of Ganesh Murthy to the role of Chief Financial Officer. Murthy's appointment comes during a time of tremendous opportunity for OnMobile. In 2018, OnMobile will be expanding the suite of entertainment products to include video, gaming and sound - enabling telecommunications operators to deliver additional services to their customers.

With more than 30 years of experience in finance across diverse industries like FMCG, Consumer durables & IT / ITES industries, Ganesh has provided strategic leadership to business teams in the area of financial planning, direct and indirect taxes, cost optimization, legal and statutory compliance, travel, logistics and administrative activities. Ganesh's previous assignment was with Dell Services as Senior Vice President & CFO which was sold to NTT Data in 2017.

"We are thrilled to welcome Ganesh to the OnMobile team as a leader for our Finance and Administrative teams and as a champion for financial discipline and growth," said OnMobile CEO Francois-Charles Sirois, "Ganesh's vast experience in global roles and diverse industries, make him an exceptional asset to the team as we expand our growth to include new products, on a global scale."

By credentials, Ganesh is the winner of the annual 'CFO100 Roll of Honor' awarded by 9.9 Media for his exceptional contribution to corporate finance. He was also awarded the Best CFO for liquidity management by Business Today & Yes Bank. Ganesh is a Fellow member of the Institute of Chartered Accountants of India and a participant in the executive management program of Harvard Business School.

"I am honored and excited to join OnMobile at this pivotal time in the company's history," said Ganesh Murthy, "OnMobile is in a tremendous position, with a strong balance sheet and solid customer base to achieve significant growth in the coming years."

Brief Profile of Mr. Ganesh Murthy

Mr. Ganesh comes with 30 years of experience in finance across diverse industries like FMCG, Consumer durables & IT / ITES industries. He has provided strategic leadership to business teams in the area of financial planning, direct and indirect taxes, cost optimization, legal and statutory compliance, travel, logistics and administrative activities. He is currently working with CSS Corp as EVP & CFO and is responsible for the finance, procurement, facilities and legal functions.

Mr. Ganesh has experience in Indian multinationals like Mphasis, ITC & Wipro and also in Foreign MNCs like Dell Services, Texas Instruments and Gillette where he has headed the finance function as well as managed large / multi-geography teams. He has successfully managed overall finance & legal functions of organizations including audit, finance, treasury, tax, M&A, investor relations, reporting to the CEO and supporting the board of directors.

In his previous stint at Dell Services, Mr. Ganesh has been credited with many accomplishments in the areas of M&A, divestiture of business entities, turnaround in operating profit, operational discipline enabling revenue acceleration & investment in growth areas such as digital & cloud.

By credentials, Mr. Ganesh is the winner of the annual 'CFO100 Roll of Honor' awarded by 9.9 Media for his exceptional contribution to corporate finance. He was also awarded the Best CFO for liquidity management by Business Today & Yes Bank. Mr. Ganesh is a Fellow member of the Institute of Chartered Accountants of India and a participant in the executive management program of Harvard Business School.

Shares of OnMobile Global Ltd. was last trading in BSE at Rs.43.15 as compared to the previous close of Rs. 41. The total number of shares traded during the day was 137997 in over 1078 trades.

The stock hit an intraday high of Rs. 44.85 and intraday low of 39.65. The net turnover during the day was Rs. 5912746.


Source: Equity Bulls

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