ACT Fibernet Appoints Eashwar Iyer As CFO

Act Fibernet, one of the country’s biggest fiber based broadband firms, Thursday announced that it has appointed Eashwar Iyer as its new chief financial officer (CFO).

In this role, he will lead the finance division of ACT across all verticals and legal entities. He will also be responsible for financial planning and reporting, purchase and other commercial activities, along with guiding the legal and secretarial teams.

Speaking on the appointment, Bala Malladi, CEO, ACT Fibernet, said, “I am very pleased to announce Eashwar Iyer as ACT’s new Chief Financial Officer. He brings vast experience across industries, businesses and geographies coupled with deep knowledge and experience in the finance sector that will certainly add immense value to our organisation”.

Prior to joining ACT, Iyer worked as Vice President at Hindustan Coca Cola Beverages – Supply Chain, Procurement and Infrastructure. He has also worked at Agro Tech Foods and PepsiCo in various roles. He is a qualified chartered accountant and cost accountant from the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India respectively.

Eashwar is a qualified Chartered Accountant, Institute of Chartered Accountants of India and also a Cost accountant, Institute of Cost Accountants of India.

ACT Fibernet or Atria Convergence Technologies is one of the largest all-fiber based broadband service providers in India. The company also became the first ISP in India to offer 1 GBPS broadband speed when the firm launched it in Hyderabad in March 2017.

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