Bangalore : ACKO announced the appointment of Nitin Sood as the Group Chief Financial Officer (CFO).
Nitin is a seasoned Chartered
Accountant with over 26 years of experience in corporate finance, consulting,
and strategic leadership. Nitin joins ACKO after a distinguished career at PVR
INOX, where he served as the CFO and played a key role in the company’s growth
and success over the last two decades. Nitin’s tenure at PVR INOX has been
marked with several key milestones including spearheading its merger with INOX
Leisure, multiple fund raises for the company, managing investor relations, and
driving robust financial performance, amongst others.
In his new role at ACKO, Nitin
will oversee the company’s financial strategy and management, and lead a
dynamic team to contribute to strategic decision-making. He will play an active
role in shaping the future of digital insurance in India.
On the appointment, Nitin Sood, Group CFO, said, "I am
thrilled to join ACKO at such an exciting juncture of the company and
contribute to its growth story. The company is redefining the multiple
touchpoints in the customers’ lives by becoming a holistic protection
destination with its innovation and customer centric approach, and I look
forward to working with the team to build sustainable financial strategies that
support Acko’s ambitious goals and strengthen the brand’s position as a leader
in the digital insurance market.”
Congratulating Nitin on the
appointment, Varun Dua, Founder, ACKO,
said, "We are delighted to welcome Nitin to the ACKO team. His
exceptional expertise in finance and strategic leadership will be a tremendous
asset to our company. As we continue to scale our business and expand our
product offerings, Nitin will drive sustainable financial growth while
maintaining a strategic focus on innovation and customer-centricity. His
expertise in managing finance for high growth companies is expected to be a
vital asset to ACKO”.
Nitin holds a bachelor’s degree
from the University of Delhi and began his career with Dimensions Consulting, a
boutique firm specializing in corporate finance consulting.
About ACKO Technology and Services Pvt Ltd.
ACKO Technology and Services
Private Limited (“ACKO") is the parent company of ACKO General Insurance.
ACKO, founded in 2016 is a digital-first direct-to-consumer company that builds
and operates technology and services platforms. Driven by a relentless focus on
superlative customer experience and with its transformative technology, ACKO
helps create superior customer value propositions and more engaging
experiences.
Media
contact:
Shirsha.majumder@acko.com