8. N.H. Bhansali

CFO of Emami

Bhansali received the ‘Best Transformation Agent (Midsize Companies)’ award by YES Bank. According to Business Today, Bhansali believes that a CFO has to work with and from within a firm's strategies. Before an acquisition, a company should have a sound financial plan. CFOs must know what will increase profitability and what they can use as leverage. In the FMCG (Fast-Moving Consumer Goods) business, the company needs to market aggressively, even when it is leading. Ploughing back profits is another key step to follow. Leveraging upon excise exemption zones helps in increasing production at lower costs. Moreover, prices of items should never compromise quality of products. He also believes that long-term procurement of raw materials is better.