NAFA CFO Power List – Kanishka Gupta

The Khaleej Times NAFA CFO POWERLIST is a celebration of exemplary achievement, finance leadership and innovation by top CFOs in the Middle East.

We are proud to inform you that Kanishka Gupta our Group CFO was selected as part of this reputable list.

Please find below some of the achievements of the AGH Finance team over the last 2 years:

  1. Successfully navigating the Group through the crisis along multiple dimensions: assessing the impacts of the immediate business shocks due to the crisis, helping stabilize the Group for the near term, preserving cash across all entities and creating the right conditions for future growth;
  2. Refinancing of the ACCBC business in 2019 to ensure stability and growth at competitive terms despite the challenging circumstances;
  3. Active management of hospitality operations (especially Rani Towers) to ensure optimization of resources leading to steadily improving cash returns to the Group;
  4. Ensuring timely action on deferrals of loans with proper coordination with banks, successfully negotiating payment plans with suppliers, reduction of costs and divesting non-performing assets, and
  5. Actively preparing for and managing the impact of value-added, sparkling drink and sugar taxes and developing creative solutions to optimize both the amounts of tax to be paid and the timing of those payments.

 We congratulate Kanishka and the whole of the AGH Finance team for the recognition of their peers and for their continued contribution to driving business continuity and performance in these difficult times.

Please click here to read the full article and a complete listing of the NAFA CFO Power List on the Khaleej Times website.