CtrlS Datacenters Limited has announced the appointment of Mohit Pande as its chief financial officer (CFO). The appointment will strengthen the leadership team with Mohit’s 23-year experience in the investment banking industry in the US and India.
In his new role, Mohit will be leading the finance and corporate development functions at CtrlS and will be responsible for expanding the company’s growth across India and international markets in a profitable and sustainable way.
Commenting on the appointment, Sridhar Pinnapureddy, chairman, CtrlS Datacenters, said, “We are pleased to welcome Mohit to our leadership team as we look to accelerate the growth of our business with the planned investments of over $2 billion in new data centres and captive renewable power generation over the next five years. We want to keep pursuing our expansion plan, enhance the services we provide to our clients and set the standard for the data centre industry.”
Mohit comes with a successful track record of advising Indian and global clients on mergers and acquisitions (M&A) and initial public offering (IPO) transactions and raising finances for high-growth companies. He is a renowned leader with a decade long experience each at Deutsche Bank and Jefferies, both in the US and India. He holds an engineering degree from Indian Institute of Technology (IIT) Delhi and a business degree from Wharton.
Meanwhile, Mohit Pande, CFO, CtrlS Datacenters said, “I am very excited to join CtrlS at this critical growth phase of the company to capitalise on the overall digitisation wave in India and the demand for artificial intelligence (AI)/ machine learning (ML)-ready data centres. I have known the company for over six years now, and have great respect for what the company is building. I look forward to working with the leadership team and use my experience and skills to further support this incredible growth.”