National, 13 March 2020: InterGlobe Hotels Private Limited, a pioneer in mid-market hotel segment, has been inducted in the prestigious list of ‘CFO 100 Roll of Honour 2020’ at CFO Leadership Conclave. The award was presented to Mr. Munish Gupta, Chief Financial Officer, InterGlobe Hotels in the ‘Technology’ category of India’s highest achieving CFOs list. The event was help in Jaipur amongst established industry leaders.
The ‘Annual CFO Leadership Conclave’ is an initiative to bring together senior finance leadership representing the most influential companies in India. This platform actively seeks to engage these agents of change to discuss pertinent issues, share best practices and collectively drive trade and business towards growth. The CFO 100 Programme annually recognises the top 100 senior finance professionals in India who have made a difference with their acumen, attitude and leadership. This esteemed felicitation has been conceptualised to recognise the CFO and teams who fuel innovation to strengthen the ethos of Collaboration, Ownership and Engagement for their organizations.
Commenting on the win, Mr. JB Singh, President and CEO, InterGlobe Hotels, said that, “This achievement is a testimony to the dedication and commitment of our finance team, led by our enigmatic CFO Munish Gupta. The ambitious expansion plans at InterGlobe Hotels along with the efficient streamlining of the whole finance business process and a continuous improvement in the credit ratings have been the defining factor of this accomplishment. I would like to congratulate our entire finance team, and everyone involved in our company who continue to work behind the scenes, helping us set new benchmarks.”
This award recognizes IGH’s relentless & incessant commitment to embrace technology driving business facets including strategic decision making, Business intelligence, Risk Management & augmenting speed in the workflows. InterGlobe Hotels Pvt Ltd. (IGH) is a joint venture between InterGlobe Enterprises and AccorHotels, established in 2004, to develop a network of 'ibis' hotels across India, Nepal, Sri Lanka and Bangladesh. The group’s portfolio has steadily grown at a CAGR of 31% over the last five years and now stands at 17 hotels spread across 14 cities in India.
ABOUT INTERGLOBE HOTELS
InterGlobe Hotels is a joint venture between InterGlobe Enterprises Private Limited and Accor Asia Pacific, established in 2004, to develop a network of 'ibis' hotels throughout India, Nepal, Sri Lanka and Bangladesh. This represents one of the most noteworthy financial commitments made to the mid-market hotel segment in India by any Indian corporate entity and international hotel chain. With 17 hotels now open and 6 under development, the company shall have a portfolio of 23 operational hotels with room inventory of more than 4,000 rooms by 2022. InterGlobe as a brand is famous for Insight, Ingenuity and Diligence and it sustains these attributes through delivery of new perspectives, operational excellence and generosity of spirit. By challenging conventional thinking and industry norms, IGH devises creative processes and new implementation methods to bring about operational excellence in their performance. InterGlobe imagines the future through experimentation and exploration and comes out with surprising discoveries in a different way. IGH is a two-time recipient of the Golden Peacock Award for Risk Management.
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