Ecom Express has announced Venkatesh Tarakkad as the company’s Chief Financial Officer (CFO) effective November 20, 2020. He will be based out of the company’s headquarters in Gurugram, said a statement.
The statement also said that as CFO, Tarakkad will be responsible for finance, accounts, legal, secretarial, commercial and administrative functions, besides spearheading business goals, including profitability of the company.
Commenting on the appointment, TA Krishnan, CEO and co-founder, Ecom Express, said, ‘’We are pleased to welcome Venkatesh to our leadership team. His deep and extensive cross-industry experience across finance, compliance and other functions, and a strong track record of delivering results, will surely make a positive impact as we manage through the current business environment and continue to position Ecom Express as a leader in the space. I am confident that Venkatesh will provide strong leadership, and is an excellent addition to the team.”
Expressing his happiness, Tarakkad said, “I am excited to join Ecom Express, a company making a mark in the e-commerce logistics domain. Ecom Express is leading the way in new technologies, has a strong business model and a proud growth story in the last eight years and I look forward to working with the team to execute on the company’s priorities, accelerate growth and enhance value for all stakeholders.”
Tarakkad comes with 25 years of experience of core expertise in steering the financial planning for some of the world’s leading retailers and wholesale brands, including TCNS, Metro Cash & Carry and Siam Makro. He also served in finance positions at Coca Cola and Ernst & Young, according to the statement.
In his previous role as a group CFO in TCNS, he was responsible for leading the IPO process, implementing an end-to-end ERP solution and overhauling the company’s warehousing capabilities. At Metro Cash & Carry, he drove finance, technology, omnichannel capability, Horeca customer target group and supply chain to grow the business rapidly close to a billion dollars, the statement claimed.
Tarakkad is also a qualified Chartered Accountant, Cost Accountant and Certified Information Systems Auditor.