Saunak Gupta Appointed CFO Of IMFA

Bhubaneswar: Indian Metals and Ferro Alloys Ltd (IMFA), India’s leading producer of ferro alloys, has appointed Saunak Gupta as Chief Financial Officer (CFO).

He succeeds Prem Khandelwal, who retired after a distinguished tenure of two decades.

Gupta, a qualified Chartered Accountant, Company Secretary and Cost Accountant, joined IMFA as Deputy CFO in 2023. He has handled multiple assignments including mergers and acquisitions, strategic tie-ups, and managing treasury and financial planning for business growth.

In a career spanning 26 years, Gupta has worked in diverse industries such as Blue Star, Wipro, Berger Paints and PwC.

“In a short span of time Saunak has made his presence felt in not just the finance function but by also helping shape IMFA’s strategic priorities, and I am sure he will contribute significantly to the company’s growth trajectory. I also take this opportunity to acknowledge Prem Khandelwal’s leadership and pivotal role over the years,” said IMFA Managing Director Subhrakant Panda.

Gupta said IMFA is “positioned for growth with a strong Balance Sheet and expansion & diversification plans already underway… my key focus will be to drive long term strategic initiatives which deliver growth and create value for stakeholders.”