India’s leading smartphone player and consumer electronics brand, Micromax has announced the appointment of Vikas Thapar as its new Senior Vice President-Finance. In this role, Thapar will be responsible to build the company’s asset and revenue base while leading the external relationship developments with all key stakeholders including bankers, equity partners, investors and government authority among others, as stated by the company in its press note.
Commenting on the appointment, Mr. Rajesh Agarwal, Co-founder, Micromax Informatics Ltd. said, “We are delighted to have Vikas who brings with him a wealth of financial experience across industries and is very much aligned with our industry, brand and culture. With his expertise spanning over two decades, Vikas will be a great asset to our company as we transform from just a devices company to a hardware, software and services organisation. His extensive insight, knowledge and experience should allow him to quickly contribute to driving performance at Micromax.”
Thapar will also be responsible for overall financial and management accounting policies and procedures, fund syndication & financial resourcing, group operations, legal entity structuring while providing strategic support for business expansion through operational and functional optimizing activities. He will also be taking charge of risk management, control and compliance, adds the statement of the company.
Commenting on his new role, Vikas Thapar, Senior Vice President-Finance, Micromax Informatics, said, “Micromax is an incredible organisation that maintains its entrepreneurial spirit while ramping up to grow as a formidable force in the global handset industry. I am excited to have joined the company at such an important juncture to lead its finance initiatives as it enters the next phase of growth led by disruptive innovations and commitment to consumers and business partners.”
With an illustrious career spanning over 25 years, Thapar has worked in telecom, IT and infrastructure domains. Prior to joining Micromax, he was the Executive Director at Avocado Management Services and before this worked with leading firms like One97 Communications (PayTm), Bharti Airtel, Morepen Laboratories, Hutchison Telecom, Times Internet, HFCL etc. during the course of his career.
