Mr. Sunil Sapre, CFO, CEAT of the RPG Group, bagged the Best CFO Award in the Cost Management category at the CFO 100 Awards presentation function held in Mumbai.
After receiving the Award, Mr. Sapre commented: “Receiving this Award proves our constant effort to improve and make a better use of the company’s cost management systems. This Award is a testimony to the untiring efforts made by CEAT to set new standards of excellence in the field of cost management. Our thrust is on cost reduction measures for several years, and a number of innovative steps have been introduced within the organization resulting in substantial benefits.”
The CFO100 is an annual initiative to recognize India’s finance leaders’ extraordinary contributions to the corporate world. Through a process of nomination and jury review, CFO India magazine identifies and brings together 100 CFOs who are clearly a cut above the others to honor their achievements in different areas, including cost management, raising capital, green initiatives, risk management, governance and strategy. It is an annual benchmark for promising CFOs.