CIMA Recognizes V. Balasundaram, Head of Finance; Frost & Sullivan, India as One Amongst the “100 Most Influential CFOs of India”


Mumbai, Maharashtra, India

V. Balasundaram, Head of Finance , Frost & Sullivan, India,  was conferred yet another accolade, being named one amongst the “100 Most Influential CFOs of India” by the Chartered Institute of Management Accountants (CIMA) UK at CIMA’s Annual Awards Ceremony held in Mumbai. Founded in 1919, the CIMA is the world’s largest and oldest professional body of management accountants, operating in 179 countries worldwide.

Mr. Bhaskar Ranjan Das, Head of Markets (South Asia), CIMA, felicitated Balasundaram with a Certificate of honor at an event held on June 23 2016, at the Taj Lands End in Mumbai.

The CFO Awards are for those visionary leaders who have in adverse financial or economic conditions handled finances to meet demanding business expectations. CIMA believes that intelligent financing or smart financing is the lifeblood of any business. To ensure that the cost of capital is utilized effectively, CFOs need to manage finances in an agile and innovative manner.

“Being recognised by CIMA is a great honor, and I am very proud that Balasundaram received this well-deserved recognition. As a key member of the Frost & Sullivan team, Balasundaram has played a critical role in managing Frost & Sullivan’s business strategy in South Asia and the Middle East. Under his stewardship, Frost & Sullivan India has received an excellent credit rating from the Fitch Group”, said Aroop Zutshi, Global President & Managing Partner of Frost & Sullivan, USA.

On receiving the award, Balasundaram said, “I am honored to receive this Award and recognition from the Chartered Institute of Management Accountants, UK, which is the world’s largest body of management accountants. On this day, I re-dedicate myself to exceptional and consistent professional performance in business and finance”.

Balasundaram was also recognised at CFO India’s fourth annual CFO100 Conference for his exceptional contribution to the field of Corporate Finance in 2014.

About the Chartered Institute of Management Accountants (CIMA)

CIMA is the world’s largest and leading professional body of management accountants. Our mission is to help people and businesses succeed in public and private sectors.

We have more than 229,000 members and students in 179 countries. They work at the heart of business in industry, commerce, and not-for-profit organizations. We have strong relationships with employers and sponsor leading research.

We constantly update our qualification, professional experience requirements, and CPD program. This ensures that our members and students are the first choice for employers who are recruiting financially trained business leaders.

We are committed to upholding the highest ethical and professional standards, and to maintaining public confidence in management accounting.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices, as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?