Ami Organics Limited has announced the appointment of Bhavin N. Shah as the Company’s Chief Financial Officer, effective June 1, 2022. Bhavin will take over from incumbent Chief Financial Officer Abhishek Patel who will take over his family business after a 4-year tenure at AMI Organics. Bhavin N. Shah joined AMI Organics in March 2022 as Deputy Chief Financial Officer.
Bhavin, a qualified Chartered Accountant, brings over 18 years of expertise in consulting, corporate accounts and finance. Prior to joining AMI Organics, Bhavin was Deputy Managing Director of Sun Pharma Advanced Research Co. Ltd. (SPARC) where he was responsible for accounts, finance, taxation, banking relationships and fundraising. He also led the finance team at Unimark Remedies and worked as a consultant at Deloitte Haskins & Sells.
Commenting on the development, Mr. Naresh Patel, Executive Chairman and Managing Director of Ami Organics Limited said, “Over the past four years, Abhishek has been an integral part of AMI Organics and was responsible for effectively leading the finance function with his insight. and know-how. On behalf of the Board of Directors, I thank him for his invaluable contribution to the organization and wish him every success in his next mission.
I would also like to congratulate and welcome Bhavin as he assumes the role of Chief Financial Officer. Bhavin, who recently joined the team as Deputy Chief Financial Officer, brings a wealth of experience in various finance functions. I am sure he will add value to the organization and contribute to growth in the years to come. »
Commenting on the development, Abhishek Patel, said, “I would like to express my gratitude to Naresh Patel for the confidence he has shown in my abilities and allowing me to independently lead the finance function of AMI Organics. It was an honor to work under his direction and he was a great source of learning and motivation.
Commenting on his appointment, Bhavin Shah said, “I am extremely honored to take on the role of Chief Financial Officer and lead the function under the leadership of Naresh Patel. He and Abhishek Patel have built a strong team at AMI and I am excited about the opportunity to add value as we stay true to our mission to grow the organization further and further.
At around 10:48 am, Ami Organics was trading at Rs948.95 each, down Rs10.7 or 1.11% on BSE.
