New Delhi, India. April, 25, 2023: Noventiq (LSE: NVIQ), a leading global solutions and services provider in digital transformation and cybersecurity, has appointed Satpreet Singh as its Chief Financial Officer for its India division. Satpreet will lead Noventiq India’s finance strategy and operations.
With 20+ years of experience in the Finance segment, Satpreet brings a wealth of knowledge and skills to Noventiq. Satpreet is a seasoned professional and Chartered Accountant with a proven track record of enabling companies to accelerate their growth and to scale up sustainably.
Satpreet will be responsible for developing and leading a high-performing team of finance professionals for Noventiq India. He is a seasoned professional who brings a huge expertise in financial strategy in India, optimization of financial resources, and simplification of processes. He will take on this role in collaboration with Noventiq India’s senior management. He will work closely with Vinod Nair, Senior VP of Noventiq India, while reporting to Burak Ozer, Global CFO of Noventiq.
Herve Tessler, CEO, Noventiq: “We are delighted to welcome our new CFO for our India operations, Satpreet Singh. India is our largest [region/country] and one of our top priority markets. Satpreet will play a critical role in driving our profitable growth and development in the region. With a deep understanding of India’s business landscape and its people, Satpreet is well-equipped to lead on our ambitious financial priorities for Noventiq India. We look forward to working closely with Satpreet who, along with Vinod and the rest of our team in the market, will help Noventiq to achieve our goals and build a better future for our company and the communities we serve.”
Vinod Nair, Senior Vice President, Noventiq India said, “Noventiq has a very significant operation in India and is constantly re-inventing its offerings focused on its clients’ needs and scaling its operations. Finance is a great enabler in this journey and will help drive the accelerated profitable growth that we are targeting. Satpreet’s in-depth understanding of the current accounting practices and trends in capital raising, change management, and business partnering will be incredibly beneficial in guiding the organisation in the right direction – towards success. We are happy to welcome him onboard and look forward to working with him to reach new heights.”
Satpreet Singh, Chief Financial Officer, Noventiq India. “Noventiq’s strategies, innovation, and use of cutting-edge technology are unparalleled. The company is constantly looking to improvise and streamline its operations to grow and thrive in the market in the long run. I am thrilled to commence the next phase of my career with Noventiq and look forward to working closely with the team to achieve our collective goals.”
Since 2014, Noventiq India has transformed from a small team of two employees generating $2 million in revenue to a powerhouse with around 2,500 employees and $315M in turnover growth, as published in the first half of our FY2022 results.
It is one of the fastest-growing and most important operations in the company, and has played a key role in the business’ overall success. The impressive growth of Noventiq India is also due to some important strategic acquisitions, including: Embee, Umbrella Infocare, ValuePoint Systems, and G7CR. These acquisitions have helped to expand the organisation’s reach and capabilities, and have solidified its position as a leader in the industry. With such a strong foundation and talented team, Noventiq India is well-positioned for continued success in the years to come.
