Philips India appoints Sudeep Agrawal as the CFO

Sudeep has an extensive experience in driving consistent results in both developed and emerging markets.


Philips India has announced the appointment of Sudeep Agrawal as Chief Financial Officer for the Indian Subcontinent, effective from 15th January 2018.

Sudeep’s overall responsibility will be to head the finance team in the Indian Subcontinent and assist the organization in continuous efforts to drive growth. He will also be responsible to lead talent development for finance functions within Philips India.

Sudeep has an extensive experience in driving consistent results in both developed and emerging markets. He has been working with Royal Philips since 1998, serving in various positions across Middle East, Africa, and Amsterdam before returning to Philips India in 2013. Since 2013, he led as the Head of audit for Personal Health business and India, Middle East and Africa. One of his key roles at Philips as a financial operations leader has been to formulate assessment profile for entire Personal Health business in close co-ordination with stakeholders across domains. He has also been accountable for mitigating financial and business risks in these emerging markets.

His achievements during the tenure in Middle East include Director Finance for Personal Health along with setting up of shared business services and further embedding the culture of continued education and compliance in the organization. 

Commenting on the appointment of the CFO for Indian Subcontinent, Vice Chairman and Managing Director, Daniel Mazon said, “Sudeep has grown within Royal Philips for 2 decades now, and understands how Philips India is responding to the healthcare challenges in India. He will be working closely with the India leadership team, to achieve our goal of delivering outstanding service to our clients and consumers, which is core to our growth path. He brings to our management team, proven financial leadership and related talent development expertise that is invaluable to any organization.He will play a pivotal role in driving sustainable growth for Philips in Indian Subcontinent.”

Commenting on his elevation as CFO for Indian Subcontinent, Sudeep said, “I am excited to be a part of the growth journey that Philips India has charted out. In my new role, I will be working closely with our clients and commercial teams, to drive solutions, sales growth and maintaining a robust compliance culture. I am happy to be a part of the team that is working towards improving access to healthcare and wellness for consumers and clients in the region. I am also looking forward to continue developing the best and most talented finance hub within Philips.”

Sudeep is an MBA from the Australian University of Wollongong (U.A.E). Sudeep is based out of Gurgaon in the Philips Corporate office.

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