10 Best CFOs in India 2025

Step into the dynamic world of finance with TradeFlock’s ‘10 Best CFOs in India 2025’, spotlighting the trailblazers who transform numbers into narratives of growth, innovation, and resilience. From a Chennai dreamer’s stock market leap to a hospitality maestro’s data-driven guest experiences, this edition captures exclusive conversations with India’s top finance leaders, revealing their journeys, strategies, and lessons. Discover how these visionaries—spanning tech talent, life insurance, hospitality, and more, drive M&As, harness AI, and redefine sustainable success with agility and a human touch. In addition, this edition includes a range of insightful features based on history, sports, social buzz, technology and the startup world.

Srinivasan Sarvabhouman

Group CFO

Sagility

Aashish Pande

CFO

ALOIS Solutions

Aashish transforms numbers into narratives, driving agility and innovation in the tech talent landscape with AI-powered forecasts and real-time insights. From telecom’s CapEx to tech’s talent-driven ROI, he redefines finance as a catalyst for growth, blending strategic foresight with financial precision. Partnering across teams, Aashish fuels ALOIS’s evolution, cultivating resilience and scalability, one bold decision at a time.

Ashish Jain

CFO

Lumina Datamatics

A visionary “Chief Future Officer,” Ashish Jain turns financial strategy into a catalyst for growth, blending 24 years of expertise with digital foresight. From steering M&A and joint ventures to driving turnarounds with automation and sharper margins, he’s redefining sustainable success. At Lumina, Ashish fuels global expansion and stronger customer bonds, balancing discipline with bold, future-focused decisions.

Ashween Anand

CFO

Tata Starbucks

Ashween Anand fuels India’s café revolution with strategic brilliance and financial finesse, transforming numbers into growth. With over 15 years at global giants like Colgate-Palmolive, Mondelez, Deloitte, and EY, she blends operational rigor with market empathy to drive sustainable expansion. Her visionary leadership ensures Tata Starbucks thrives, balancing ambition with agility in a vibrant, evolving landscape.

Kodanda Rao Khajana

CFO

Makeen Energy India

Kodanda Rao Khajana steers the company through India’s dynamic financial landscape with strategic foresight and compliance expertise. With over 14 years as a Chartered Accountant, he excels in SAP automation, risk management, and corporate governance, optimizing mergers, due diligence, and working capital. His proactive tech-driven audits and training programs ensure agility, minimizing risks while fueling sustainable growth.

CA Naman Shah

Group CFO

JB Ecotex Limited

CA Naman Shah is a strategic maestro, orchestrating financial transformation with a unique blend of chartered accountancy, an MBA, law degree, and 20+ years of expertise. From steering IPOs and M&As to crafting robust capital structures, he drives sustainable growth with precision and legal clarity. Naman’s sharp acumen redefines the modern CFO, building long-term value with every calculated move.

Niraj Mehra

CFO

Agristo Masa

Niraj Mehra is a master of value creation, blending 23 years of FMCG, derivatives, and frozen foods expertise with razor-sharp strategic insight. Using frameworks like Porter’s Five Forces, he decodes business dynamics to drive profitability and long-term growth as a collaborative partner. His adaptable, results-driven leadership transforms complexity into opportunity, redefining the CFO as a visionary architect of success.

Niraj Shah

CFO

HDFC Life

Niraj is a visionary architect of financial resilience, steering one of India’s leading life insurers with over two decades of expertise in insurance, corporate finance, and risk management. He drives product innovation, digital transformation, and data-driven strategies, ensuring customer-focused, sustainable growth. His leadership, blending AI-powered analytics with robust governance, fortifies HDFC Life’s market position, balancing profitability with long-term stability.

Shubhranshu Shekhar Trivedy

Associate Vice President Finance & Accounts (Finance Head)

International Tractors Limited (Sonalika Group)

Shubhranshu transforms businesses with 24 years of cross-functional expertise from Indian and global multinationals like CLAAS India. He’s led high-stakes M&A transactions, secured a landmark Advance Pricing Agreement with CBDT, and driven turnarounds through capital restructuring and SAP efficiencies. With deep knowledge in SOX compliance, treasury, and tax planning, his agile leadership across diverse corporate ecosystems fuels innovation, compliance, and sustainable growth.

Tapnanshu Sharma

CFO

Sumi Yashshree Hotels & Resorts

Tapnanshu redefines hospitality finance with over 25 years of experience from industry giants like Mahindra Holidays and Sterling Holiday Resorts. Leveraging real-time data, predictive analytics, and cross-department collaboration, he drives budgeting, cost management, and strategic investments to enhance profitability and guest experiences. His forward-thinking approach transforms financial insights into business growth, strengthening brand value and operational efficiency.