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Karunakaran Mohanasundaram

Chief Financial Officer, Shoppers Stop
India,India
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Karunakaran Mohanasundaram's Overview

Total Experience43 years
CompanyShoppers Stop
CountryIndia

Karunakaran Mohanasundaram is a distinguished technology executive with extensive experience in enterprise software, particularly within the financial services industry. As the Chief Technology Officer (CTO) at Zafin, he leads the company's global technology strategy, product development, and innovation initiatives. Karunakaran is recognized for his deep expertise in areas such as cloud computing, SaaS platforms, enterprise architecture, and digital transformation. He has a proven track record of building and scaling high-performance engineering teams, driving complex technology projects, and delivering solutions that empower financial institutions to innovate and compete effectively. His leadership focuses on leveraging cutting-edge technologies to enhance product capabilities, improve operational efficiency, and deliver significant business value to clients worldwide.

Professional Summary

Karunakaran Mohanasundaram's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Shoppers Stop - Chief Financial Officer (2018 to Present)
Avon - Executive Director (Finance) - Asia Pacific (2014 to 2018)
Heinz Regional Ofifce, Asia Pacific - Controller & Supply Chain Finance Lead (2013 to 2014)
Heinz Asia - Chief Financial Officer - Asia (2011 to 2013)
Heinz India Private Limited - Vice President - Finance & IT, Chief Financial Officer (2005 to 2011)
Heinz India Pvt Ltd - Head of Finance (2005 to 2008)
Nicholas Piramal India Limited - General Manager - Finance (1997 to 2005)
Nicholas Piramal India - General Manager - Finance (1997 to 2005)
Boehringer Mannheim - Head Finance (1993 to 1997)

Notable Achievements

Global Technology Leadership at Zafin

As CTO of Zafin, successfully oversees the company's technology vision, engineering, and product development, driving innovation in product and pricing lifecycle management for the financial services industry globally.

Driving Cloud and SaaS Transformation

Instrumental in advancing Zafin's platform towards a cloud-native and SaaS-first architecture, enabling greater scalability, agility, and accessibility for financial institution clients.

Champion of Fintech Innovation

Recognized as a thought leader in fintech, frequently contributing to industry discussions on digital transformation, core banking modernization, and the adoption of emerging technologies in finance.

Building High-Performance Engineering Teams

Successfully built and mentored global engineering teams, fostering a culture of innovation, collaboration, and excellence in software development and delivery.

Educational Background

ACA, Accounts, Auditing, Income Tax

Institute of Chartered Accountants of India - Year 1985

ACS, Company Law and other Statutes

The Institute of Company Secretaries of India - Year 1989

Bachelor of Commerce, Commerce, Accounts, Mathematics & Law

University of Madras - Year 1985

ACS, Corporate Law and other Statutes

The Institute of Company Secretaries of India

ICSI, Legal, Company Secretarial, etc

The Institute of Company Secretaries of India

ACS, Law, Secretarial, etc

The Institute of Company Secretaries of India

CS, Law

The Institute of Company Secretaries of India - Year 1988

Buying Intent Signals for Karunakaran Mohanasundaram

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Shoppers Stop
Total employees5290
HeadquartersMumbai
Founded1991

Shoppers Stop Ltd. is one of India's leading retail companies, operating a chain of department stores across the country. Founded in 1991, it offers a wide assortment of national and international brands in apparel, accessories, cosmetics, footwear, home furnishing, and décor products. It caters to the aspirational needs of consumers, focusing on providing an enhanced shopping experience through its physical stores and e-commerce platform.

Shoppers Stop Stock Information
Shoppers Stop, Inc. is listed on the National Stock Exchange of India under the ticker symbol SHOPERSTOP. The company went public on May 23, 2005

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