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Smita Nanda and Kamat Hotels shine at Financial Leadership Awards
Wednesday, 05 June, 2024, 12 : 00 PM [IST]
Our Bureau, Mumbai
At the 2024 International Financial Leadership Awards, Smita Nanda, chief financial officer of Kamat Hotels (India), has been honoured with the title of 'Best Finance Transformation Leader in Crisis Management'. Additionally, Kamat Hotels (India) Ltd has been awarded the prestigious title of 'Best Finance Strategy of the Year'.

Nanda's award for 'Best Finance Strategy of the Year' acknowledges her outstanding ability to craft and implement robust financial strategies that have significantly enhanced the financial health and growth trajectory of Kamat Hotels. Her expertise in financial restructuring, fund management, and corporate compliance has set new standards for excellence in the industry.

The award for 'Best Finance Transformation Leader in Crisis Management' celebrates her strength and smart planning in guiding the company through the tough times of the Covid-19 pandemic. Under her leadership, Kamat Hotels went through a big change, coming out of a time when money was tight with a stronger balance sheet and investors feeling better. Her clear communication and new ideas to change things played a big part in making this happen.

Nanda's journey in the finance industry is a testament to her dedication, fearlessness, and proficiency. Her career, spanning industries such as information technology, manufacturing, entertainment, real estate, and hospitality, is marked by significant achievements in financial planning, mergers and acquisitions, structured funding, and more.

Since joining Kamat Hotels in 2017, Nanda has played a crucial role in implementing financial discipline and restructuring the company’s debt, transforming it from a stressed asset to a profitable enterprise. Her leadership has not only stabilised the company during challenging times but has also set a foundation for sustained growth and innovation.
 
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