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Company Name : Ambuja Cements Limited

Thursday, January 25, 2018 12:30PM IST (7:00AM GMT)

(NSE:AMBUJACEM)(BSE:500425)

Ambuja Cement's Chief Financial Officer Honoured at ICAI Awards 2017


Union Minister Suresh Prabhu presents CA CFO award


Mumbai, Maharashtra, India

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  • AmbujaAmbuja Cement's CFO Suresh Joshi (in the centre) receiving award from Hon’ble Union Minister of Commerce and Industry Suresh Prabhu
 
Ambuja Cements Ltd Chief Financial Officer (CFO) Suresh Joshi was conferred with the ‘CA CFO Award in the Manufacturing Sector’ by Hon’ble Union Minister of Commerce and Industry Suresh Prabhu at the recently held ICAI Awards 2017 in the city.

On winning the award, a delighted Mr. Joshi said, “2018 marks the silver jubilee year of my career and also my association with Ambuja Cement. In this phase of my career, I consider myself fortunate as I have had the opportunity to hold several leadership roles in strategic spheres of Finance & Controlling, Commercial, Plant Operations and Business Strategy.”

“As the CFO of India’s leading cement company, I would like to thank all those valued individuals who within and outside the Company have supported and been part of my successful journey,” added Mr. Joshi.

Since February 2016, Mr. Joshi has been at the helm of Ambuja Cement's finance team, playing a key role by closely working on ongoing and upcoming projects, effectively demonstrating skills in areas of liaising with both the government and funding institutions, commercial/contract negotiations and financial integration.

Congratulating Mr. Joshi, Ambuja Cement MD & CEO Ajay Kapur described the CFO as an invaluable asset to the organisation with a deep knowledge in various facets of finance, thus acknowledging his role in the Company’s growth trajectory.

It is Joshi’s continuous grit and determination that has shaped him as an inspiring leader in his field and thus is being recognized today on such a prestigious platform. His excellent technical aptitude combined with sound soft skills has enabled him to grow from strength to strength. He has made us all proud.”

The Institute of Chartered Accountants of India (ICAI) Awards, organised annually by the Committee for Professional Accountants in Business & Industry (CPABI), aims to acknowledge and honour exemplary work of Chartered Accountants in various industries. The nominations for the award were evaluated by an esteemed jury, chaired by the Piramal Group Chairman Ajay Piramal, on various parameters including financial risk management, role in managing acquisitions and regulatory & legal compliance among other qualities.

About Ambuja Cements Ltd.

Ambuja Cements Ltd., a part of the global conglomerate LafargeHolcim, is one of the leading cement companies in India. Operating for over 30 years, Ambuja has proved to be the best cement for construction and the best cement manufacturing company in India with its uniquely sustainable development projects. Its environment friendly initiatives have played a key role in India’s efforts to become a green state. The sustainable constructions and renewable energy projects undertaken by it have a lion’s share in creating a blueprint for sustainable development in India’s bright future. Currently, Ambuja has a cement capacity of 29.65 million tonnes with five integrated cement manufacturing plants and eight cement grinding units across the country.


Click here for Media Contact Details

Doris Rao, Ambuja Cements Limited, +91-9820190278, doris.rao@ambujacement.com

Kevin Braganza, Ketchum Sampark, +91-9819156735, kevin.braganza@ketchumsampark.com


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News Summary

Ambuja Cements Ltd Chief Financial Officer (CFO) Suresh Joshi was conferred with the 'CA CFO Award in the Manufacturing Sector' by Hon’ble Union Minister of Commerce and Industry Suresh Prabhu at the recently held ICAI Awards 2017 in the city.