NEC Corporation elevates India CFO Mayank Khandelwal to Head of Finance for Global Regional Headquarters and Country Affiliates

NEC Corporation India has elevated Mayank Khandelwal, Executive Vice President and Chief Financial Officer (CFO to Head of Finance for NEC Corporation’s Global Regional Headquarters (RHQ) and Country Affiliates (CA) across the world, effective April 1st, 2023. This elevation comes in line with NEC Corporation’s rollout of a new organization structure to catalyze and augment the next phase of growth.

With this new structure, the CFOs of the worldwide regional headquarters and countries will work with Mayank to assist NEC in achieving its objectives while placing a strong emphasis in driving greater profitability, cash management and controllership & financial compliance.

Having been with NEC India for three years, Mayank has been instrumental in driving the growth and development of the finance function in the region. He has played a key role in strengthening and strategizing the India growth story and institutionalized a strong operating mechanism, greater focus on key business metrics and compliance as a whole. With his rich domain experience, he will spearhead and further solidify the global finance function for NEC.

Mayank Khandelwal’s elevation follows NEC’s recent moves to accelerate the growth of its global business pillars and the subsequent elevation of Aalok Kumar, President & CEO, NEC India, to a global role wherein he will be heading Global Smart CityBusiness in addition to India responsibilities.