CFO Committee

The Indo-French Chamber of Commerce and Industry (IFCCI) is pleased to launch its first ever CFO committee as part of the 40th year of its successful establishment in India.

The objective of this committee is to create a platform for CFO heads from top Indian and French companies to network and discuss best practices as well as exchange views on current industry trends on a quarterly basis.

President - IFCCI CFO Committee

Sugata Sircar
CFO & Country Finance Partner  Greater India

A Chartered Accountant with 28 years of experience in various industries including Electrical Energy, Gas Distribution, Manufacturing of Chemicals, Textiles, Tyres and FMCG. He has worked as CFO and as Managing Director of a public limited company in India.

In his current role as CFO for India Zone, he partners the President & MD in managing all businesses of Schneider Electric in India and neighbouring countries. His prime focus is in business performance management and decision support related to investments and business models and in organisational transformation. He has worked extensively in efficiency improvement, processes and systems and risk management. He sits on the board of several Schneider Electric companies in India. He has been actively involved in CFO and CEO Forums and has chaired economic forums of the CII. He has been awarded as a CFO several times, including under League of Excellence. He likes to blog and engage on subjects on business and leadership.

Vice-President - IFCCI CFO Committee

K Ramachandar
Chief Financial Officer

K Ramachandar is the Chief Financial Officer for the BNP Paribas India branch since 2005. He joined BNP Paribas in May 1997 as manager and has been with the bank for 20 years. He has extensive experience in finance and tax domains and contributes to strategic planning in his current role. He also handles the Basel 3 compliance aspects for BNP Paribas as well as acts as a coordinator in dealings with RBI on those matters. He is a Member of Asset Liability Committee and Management Committee of BNP Paribas in India.

K Ramachandar is a chartered accountant by profession and prior to BNP Paribas, he was the Company Secretary and Manager – Finance at Philips Medical Systems where he worked for ten years. He started his career with M/s. S.B.Billimoria as a practicing Chartered Accountant. He is an Associate member of the Institute of Chartered Accountants of India and the Institute of Company Secretary of India.


François De Thomasson
Regional Chief Financial Officer  South Asia

Bolloré Transports & Logistics is one of the top five European groups, eighth in the world, in logistics and transport. Present on five continents with more than 601 branches in more than 105 countries and more than 21,000 employees.

Mr. De Thomasson is Administrative Director for South Asia (4 countries, € 85 million, 500 employees); Namely, India, Bangladesh, Pakistan and Sri Lanka. Mr. De Thomasson holds a degree in accounting and finance and a master's degree in business law.


Deepak Kumar Garg

Technology & business visionary executive with around 15 years of global expertise in Global Strategic Finance transformation, International Taxation, Commercial Contracts,Global Alliances, Delivery & Operations Management of Cross Domain, Strategic and Complex Programs across Multiple Application Service Providers with prime focus in creating maximum business value and profitability through strategic interventions. Graduated from Harvard Business School and Chartered Accountant by profession.


Bharat Bhushan Nagpal
Director  Finance & Controls

Performance Driven Professional with 15 years of rich experience. Excellent understanding in formulating budgets, implementing systems/procedures, conducting ageing analysis, preparing key reports to exercise financial control and enhancing overall efficiency of the organisation. Experienced in Managing working capital, profit monitoring & building internal financial controls. Possess strong planning & relationship management skills with vital contribution in running of the company.



Ritesh Kumar
General Manager Finance & Accounts

Ritesh Kumar is an experienced finance professional with extensive hands on experience in management, business and leadership Skills.  He is working closely with Management Team, Board of Directors, Banks and Attorneys.  Areas of expertise includes System development, Financial Analysis, Financial & strategic Planning, Accounting and Financial operations, handling of complex Business and Tax issue  and Outsourcing Management.

He is a Chartered Accountant, Company Secretary and Commerce Graduate with over 15 years of multidisciplinary experience involving Finance, Compliance, Auditing, Accounting and Risk management.

Prior to Michelin, He has worked with Stryker Corporation, Carin Energy and Deloitte.


Nicolas Simon
Dy. Chief Executive Officer

Mr. Simon is a very experienced CFO . He graduated from Toulouse Business School, France with an MBA degree and Toulouse Law School, with a Bachelor degree.

Mr. Simon has a splendid work experience in companies such as Crédit Agricole, Generali Insurance, Crédit Lyonnais and BNP Paribas. He is currently the Deputy CEO of SBI Mutual Funds – India. 


Binay Agarwal

Mr. Binay Agarwal has a master degree in commerce and is a member of ICAI & ICMAI. He is currently working as Chief Financial Officer for Soufflet India. Mr. Binay Agarwal has actively been part of the dynamic growth story of the company in the country.




Kamal Kakkar
Chief Financial Officer  India, Thales

Kamal Kakkar was appointed the Chief Financial Officer – India, Thales, in February 2016. He is responsible for leading and directing the finance function for Thales in India.

Kamal is an accomplished professional with extensive and diverse experience in the finance domain. Prior to joining Thales, he has held important positions in various corporates like Emaar MGF, UBM Construction BHD and consulting firm Mazars.

Kamal is a member of The Institute of Chartered Accountants of India since 2003 and holds an honors degree from University of Delhi.


Minutes of the meeting of 1st CFO Committee at The Leela Palace Chanakyapuri, New Delhi
on Monday, 3rd July 2017


Minutes of the meeting of 2nd CFO Committee at The Schneider Electric India Office, Gurgaon, on Wednesday, 4th October, 2017

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French Bank Building 4th Floor, 62 Homji Street, Fort - Mumbai 400 001

Tel: + 91 22 6610 4755 
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