Web Werks announced the appointment of Mr. Durgesh Pandey as its Chief Finance Officer (CFO). In his new role, he will be responsible for the management of all financial processes in India for all the legal entities, partnering in the formulation of the overall organisation strategy & facilitating business growth. Owing to his rich and valuable experience, he will be a pivotal member of the senior management team.
With 18 years of enriched work experience in Financial & Business Strategy Planning, he has been previously associated with Nxtra Data Limited (Data Center arm of Bharti Airtel Limited) over the past three years. His expertise in performance analysis of actual with target, preparation of long range plan including annual operating plan will drive business heads in various business sensitive and strategic projects.
Nikhil Rathi, CEO and Founder of Web Werks, India, said, “I believe that his ﬂawless credentials, extensive skill and proven track record will help drive our vision. I strongly believe that under Durgesh’s leadership, we will be able to extend our services to a wider range of customers.”
Durgesh Pandey, Chief Finance Officer of Web Werks, India, said, “I am both honoured and excited with the prospect of joining Web Werks. As Chief Finance Officer, I look forward to furthering Web Werks’ mission of contributing to the digital economy by cultivating a seamless interconnected ecosystem of the world’s leading businesses.”
Web Werks has raised $150mn by entering into a joint venture with Iron Mountain to fuel data center expansion across the country. Post the announcement Web Werks has signed MoU’s with the Governments of Karnataka and Tamil Nadu for an investment of 750Cr and 700 Cr respectively. With expansions in full swing, Web Werks intends to build capacity and cater to India, one of the fastest-growing data center market globally.