Image Source: Financial Express
UltraTech Cement Executive Director and CFO Atul Daga has been awarded CFO of the Year 2025, attributed to the transformation of his "cash is reality" philosophy and his rigorous, bottom-up process in reworking UltraTech's balance sheets and creating a new benchmark for corporate finance.
Key Highlights:
• Daga began with practical frugality and value lessons from his father, an engineer, which gave him his lifelong love of precision and fiscal responsibility.
• At UltraTech, he introduced a paperless office and adopted the latest technology—such as real-time AI-based translation earbuds—without ever compromising on value creation or frugality.
• He made his breakthrough after he discovered inefficiencies at Aditya Birla Group plants, which was appreciated by chairman Aditya Vikram Birla and a highly sought-after executive assistant position that expanded his skill set beyond finance.
• Daga's leadership as the CEO has been attributed to transforming UltraTech into an operational excellence, digitalization, and sustainable growth role model in the cement sector.
Prospects:
The story of Atul Daga is the personification of today's CFO: a keeper of values, a change leader, and a giver of ideas. With UltraTech set to expand further, Daga's relentless pursuit of making "every decimal earn its rightful place" will propel the company further and inspire the future generation of Indian finance leaders.
Source: Financial Express, LinkedIn, DigitalDefynd
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