AGS ropes in Amit Majumdar as Chief Financial Officer

AGS Transact Technologies Limited (AGS TTL) has announced appointment of Amit Majumdar as the Chief Financial Officer. As part of his new portfolio, Amit will be responsible for providing functional and strategic direction to the finance, accounting, analytics, legal, compliance and information technology functions of the company. He will also be responsible for the creation and execution of business strategies that helps achieve the organization’s business and financial goals.

Amit is a senior and well-known business leader with over 17 years of experience across leading multinational and Indian organizations. In his last role, he was the Executive Director and Chief Strategy Officer of Angel Broking. In this role, he was responsible for leading Angel Broking towards its multiple goals, which included Entity, Business, and People, process, communications and Stakeholder management. Prior to Angel Broking, he has worked in firms such as Ernst & Young, Chohung Bank (a Korean bank), Rabo India Finance and Ambit Corporate Finance, to name a few.

Commenting on his appointment, Ravi B. Goyal, Chairman & Managing Director, AGS Transact Technologies Ltd, said, “Amit’s vast experience, in-depth market understanding and his ability to manage scale makes him an asset to AGS Transact Technologies. As our business continues to grow both in India and globally, it is critical for our progress to be guided by sound financial principals and insight and help us stay nimble-footed to take advantage of business opportunities. We are confident that Amit will provide these benefits.”

Amit has a Bachelor’s Degree in Commerce from Mumbai University and is a Chartered Accountant from the Institute of Chartered Accountants of India.