Kinetic Engineering (KEL) has appointed Vinayak Jayaram Shevade as its new Chief Financial Officer (CFO) to lead the company’s financial strategy.
Shevade, a Chartered Accountant and Commerce graduate from Mumbai University, has over three decades of expertise in financial planning, risk management, and regulatory compliance.
He has previously held key leadership roles at Kinetic Honda Motor Limited, Mahindra Two Wheelers Limited and Kinetic Engineering Ltd.
Vinayak Shevade said, “I am honored to take on this role at KEL, a company with a strong legacy of innovation and excellence. I look forward to contributing to its financial strength and supporting its ambitious growth plans. My goal over the next two years is to strengthen the company’s financial position by driving higher turnover, improving EBITDA and net profit, and optimizing financial leverage. I look forward to contributing to KEL’s growth journey and long-term success.”
Ajinkya Firodia, Vice Chairman and Managing Director of KEL, said, “Vinayak’s deep financial expertise and leadership will be instrumental in driving KEL’s strategic objectives. We are confident his experience will help propel the company’s continued success.”
