The Best CFOs of India
5. V.S. Parthasarathy
CFO of Mahindra & Mahindra (M&M)
Parthasarathy received the ‘Enhancing Competitiveness through M&A’ award by YES Bank. He also has sound knowledge of - strategy, policy deployment, international operations and international operations. According to Business Today, Parthasarathy says that the first deciding factor behind going for an acquisition is strategic fit in terms of - process breakthroughs, market reach, products and company's technology. The second factor is whether a CFO can make the acquisition quicker and result in a better output than before. M&M also has a procedure followed by employees during the acquisition – 1/3rd of the team should be removed post acquisition, 1/3rd should be engaged in passing the baton and the remaining should be absorbed into the acquired firm.

