IT firm Birlasoft appoints Kamini Shah as CFO
CK Birla Group company Birlasoft, which provides digital and IT services to enterprises, has appointed Kamini Shah as the new chief financial officer (CFO). The firm said that Shah will lead the finance operations and will be part of its executive leadership.
A former Wipro executive, Shah has over 25 years of experience in finance, supply chain, commercial, and business planning and operations, according to her LinkedIn profile. Prior to joining Birlasoft, Shah was the CFO at Wipro’s strategic market unit Americas One from January 2021 to January 2023, where she led the structuring of commercial proposals and deal pricing for multiple regions.
Shah has also served as CFO at IT firm Mphasis and has worked as strategy and planning leader at Hewlett-Packard. She holds a degree in CA, finance from the Institute of Chartered Accountants, and a bachelor’s degree in commerce from Chennai-based Ethiraj College.
“Kamini is a highly accomplished finance leader with a proven track record of driving financial transformation and profitability at scale. Her financial and business acumen will add significant value to the firm, aiding us in our growth trajectory,” said Angan Guha, chief executive and managing director of Birlasoft.
“On behalf of the executive team and the board of directors, I am delighted to welcome Kamini to Birlasoft,” added Guha.
Founded in 1990, Birlasoft is a mid-sized IT firm with over 12,000 employees. It offers services in customer relationship management (CRM), digital transformation, supply chain management (SCM), and infrastructure and cloud. Its key partners include Oracle, SAP, Microsoft, AWS, and Google Cloud.
Amid the ongoing economic downturn which has impacted business of most IT firms, Birlasoft’s revenue for the third quarter ending December 31, 2022 grew 14% year-on-year (YoY) and 2.5% sequentially to ₹12,219 million. The firm won deals with a total contract value of $231 million during the quarter.
In February, one of its customers in the US, Invacare Corporation, filed a bankruptcy petition under Chapter 11 of the US Bankruptcy Code.