IFCI Limited has appointed Chirag Sapra as the new Chief Financial Officer (CFO), effective November 11, 2025. This decision was approved during a Board Meeting. Sapra, previously Deputy General Manager, succeeds Suneet Shukla. With over 18 years of experience, Sapra brings a strong background in accounting, finance, and taxation to the role.
Key Leadership Change
IFCI Limited has announced the appointment of Chirag Sapra as the new Chief Financial Officer (CFO). The appointment, effective from November 11, 2025, follows the conclusion of a Board Meeting held on the same day.
Appointment Details
Chirag Sapra, formerly the Deputy General Manager at IFCI Limited, will take over the CFO responsibilities from Suneet Shukla, who held the position of Chief General Manager. The appointment is effective immediately following the conclusion of the Board Meeting.
Profile of Chirag Sapra
Chirag Sapra is a seasoned finance professional with over 18 years of experience in the financial services sector. He brings a strong foundation in accounting, finance, and taxation to IFCI. He is a qualified Chartered Accountant and holds an MBA in Finance. His previous roles at IFCI included contributions to corporate advisory, credit, and regional operations. He has also led key projects like Ind-AS and GST implementation. Before joining IFCI, he worked at leading firms such as KPMG and Deloitte. Prior to this appointment, he was heading Corporate Accounts & Taxation and Loan Accounting Department at IFCI.
Source: BSE
