Wilo Group, a global leader in pump systems for water management, building services, and industry, has announced the appointment of Devesh Singhania as the Chief Financial Officer (CFO) for its India region. Based in Pune, Devesh steps into this role with a rich background of experience from his previous tenure at Socomec Group and Ernst & Young.
Devesh’s career spans 19 years, starting with Ernst & Young in Gurgaon, where he specialized in assurance and audit services. His most notable experience comes from his 13-year stint at Socomec Group, a French multinational in the electrical and energy space. At Socomec, Devesh held various positions in India and Singapore, including CFO for the South-East Asia Pacific region. His roles have equipped him with expertise in financial planning, business partnering, strategy, and automation, making him a valuable asset for Wilo Group.
Wilo Group is renowned for its innovative digital solutions in pump systems and has made significant investments to support its strategic long-term domestic expansion. The new facility near Pune is a testament to the company’s commitment to addressing the needs of both domestic and international markets. With Devesh’s extensive experience in managing multi-country teams and driving business projects, Wilo India aims to strengthen its operations and market presence.
Devesh’s role at Wilo will involve overseeing financial management, risk management, and compliance, as well as supporting expansion projects and strategic business plans. His background in IT automation and digital transformation aligns well with Wilo’s vision of enhancing operational efficiency and achieving sustainable growth. Devesh’s ability to adapt to diverse business models and manage risk in varied ecosystems will be crucial as Wilo continues to innovate and expand its footprint.
As Devesh transitions into his new role at Wilo Group, his strategic vision and hands-on approach are expected to drive the company’s financial performance and support its growth objectives. With his proven track record and comprehensive understanding of international markets, Devesh is well-positioned to contribute to Wilo’s success in the competitive landscape of pump systems and water management solutions.