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MosChip appoints Kalyanasundaram as CFO
By siliconindia
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Wednesday, 09 July 2008, 02:29 IST
Hyderabad: MosChip Semiconductor Technology, a Hyderabad based a fabless semiconductor company, has announced the appointment of Sathya Kalyanasundaram as the Chief Financial Officer (CFO) of the company. Prior to joining MosChip Kalyanasundaram was CFO of Alliance India and Vice President of its global operations.
Kalyanasundaram will be instrumental in providing guidance to the financial team at MosChip in managing and taking sound financial decisions. He will be responsible for formulating and managing the financial strategy of the company along with covering different areas of fund raising, acquisitions, costing, taxation and budgeting.
C. Dayakar Reddy, MD, MosChip said, "We are delighted to welcome Sathya Kalyanasundaram to MosChip as a key member of the management team. We look forward to his key contribution towards our ongoing efforts to raise funds for our future acquisitions and build a financially strong organization."
Commenting on his appointment, Kalyanasundaram said, "I am excited to join Moschip and look forward very much to be part of Moschip's growth strategies that will drive value for all its shareholders. My key responsibility as the CFO will be in augmenting the company's financial strength. With an effective management team and a clear expansion strategy, I am confident we can establish Moschip as a profitable leader in the semiconductor space."
Kalyanasundaram has more than twelve years of relevant financial experience across different industries and brings with him tremendous competence in finance, strategy, business planning and corporate accounting. He is an MBA (Finance) from the University of Hartford, CT and also a Certified Public Accountant (CPA).
