Srikanth Balachandran moves from Bharti Global, joins Oneweb as CFO
OneWeb,
the Low Earth Orbit (LEO) satellite network owned by the UK Government, Bharti
Global and other strategic investors, have announced the appointment of
Srikanth Balachandran as Chief Financial Officer (CFO).
A
press release issued by Bharti Global says that Balachandran has joined from
Bharti Global, where he was CFO since October 2018, prior to which he was CFO
of Bharti Airtel for seven years.
The
release says under his financial stewardship, Airtel engaged in some intense
M&A, grew its customer base five-fold to become the world’s No.3 mobile
operator in subscriber numbers, and expanded its operations to 18 countries.
Balachandran was closely associated with Airtel’s launch and scaling up of the Satellite
TV business in India and the expansion of the firm's global business.
Neil
Masterson, CEO of OneWeb, said, “Having had the opportunity to work with
Srikanth in his most recent role as CFO of Bharti Global, the team at OneWeb
has seen first-hand the wealth of experience and expertise he will bring to his
new position at OneWeb. He will assume responsibility for helping us deliver
our ambitious business plan, securing additional funding and establishing high
standards of governance.”
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