Nitin Selot
Chief Financial Officer
Professional Overview
Nitin Selot is an accomplished finance executive with over two decades of experience in driving financial strategy and operational excellence across diverse industries. As the Chief Financial Officer at JCB India Ltd., he leverages his deep expertise in financial management, business partnering, and strategic decision-making to propel the company's growth and profitability.
Experience Summary
Current Role
Nitin Selot currently serves as the Chief Financial Officer and Board Member at JCB India Ltd., a leading manufacturer of construction equipment. In this role, he is responsible for overseeing the company's financial operations, including financial planning, reporting, and compliance. He plays a pivotal role in aligning the finance function with the organization's strategic objectives, ensuring efficient resource allocation and driving operational efficiencies.
Career Progression
Prior to his current position, Nitin held the role of Chief Financial Officer and Board Member at Compass Group India, where he was instrumental in optimizing financial processes, strengthening internal controls, and driving sustainable growth. He also served as the Chief Financial Officer and Board Member at Sentiss Pharma Pvt. Ltd., and held the position of Director - Finance and CFO at Wrigley, where he led the finance function and contributed to the company's expansion and profitability.
Nitin's earlier career includes a stint as the CFO and Company Secretary at Shell, where he honed his expertise in financial management, corporate governance, and strategic decision-making.
Academic Background
Nitin holds a Bachelor of Commerce (Honors) degree from Delhi University and has completed his MBA in Finance from the Institute of Management Technology, Ghaziabad. He is also an Associate Member of the Institute of Company Secretaries of India (ACS) and an Associate Member of the Institute of Cost Accountants of India (ACMA).
Areas of Expertise
- Financial strategy and planning
- Performance management and business partnering
- Mergers, acquisitions, and integration
- Cash flow optimization and working capital management
- Risk management and compliance
- Strategic decision-making and problem-solving
- Cross-functional leadership and team collaboration
Professional Impact
Throughout his career, Nitin has demonstrated a track record of driving financial excellence and operational improvements. At JCB India Ltd., he has implemented robust financial controls, optimized the company's capital structure, and played a pivotal role in securing strategic partnerships and acquisitions that have expanded the company's market presence and profitability.
Conclusion
With his extensive experience, strong financial acumen, and strategic leadership, Nitin Selot is well-positioned to continue driving financial and operational success at JCB India Ltd. His ability to align the finance function with the overall business strategy, coupled with his commitment to driving continuous improvement, make him a valuable asset to the organization.