Strengthening its leadership team, Yash Pakka, a known name in the sustainable packaging industry, has appointed Neetika Suryawanshi as the chief financial officer (CFO) of the company. In her current role, she will be responsible for cost efficiency, fund management, fund control, accounting, and regulatory and statutory compliance at the organization. The ex-banker aims to help make Yash Pakka more regulated and minimize working capital utilization, which will be a further boost to investors as the company plans to more than double its revenue in the short term.
Suryawanshi has around two decades of experience as a CA and has worked in critical roles at organizations like IndusInd Bank, Deutsche Bank, HSBC and Bank of America. She then started her own firm, worked as a consultant for the manufacturing industry, and developed practices for better fund management and digital transformation for the credit value chain.
Driving long-term investments in a controlled manner will be the first big agenda for the new finance head at Yash Pakka. The company has enjoyed the support of investors, financial partners, and advisors so far, and her vision is to maximize profitability for all stakeholders. Another key focus, she shares, is to ensure that funds are not blocked in stocks and debtors. Moreover, as Yash Pakka is working on a project for a new paper type and more projects are underway, she aims to lay equal focus on plans and returns.
Ved Krishna, vice chairman, Yash Pakka, said, “We are on the cusp of significant growth. Hence, we needed strong finance lead to strengthening systems and processes. We are glad to welcome Neetika to the leadership team. She has worked with us before, and we are excited to have her back to head the function and provide effective leadership. With her strong financial background, I am confident she will accelerate the organization’s growth.”
Suryawanshi said, “I am delighted to join the leadership team of Yash Pakka. It is an honor to work with an organization that is on a mission to build a better planet with its initiatives. I hope I will be able to use my expertise to help the organization spread its wings across and emerge as the business that makes an impact in every life it touches. Moreover, Yash Pakka has a focused, motivated and driven team that has been efficiently breaking records. A rare thing to see is the unanimity of the cause and passion to make it happen. I look forward to contributing and solidifying the organization’s stance towards building a better future.”
