Bengaluru-headquartered Quess Corp has appointed Kamal Pal Hoda as its new group chief financial officer (designate).
Hoda will replace outgoing CFO N Ravi Vishwanath, who is expected to retire in 2023. Following the latter’s departure and approval by the board, Hoda will assume his role at Quess Corp, a predominantly payroll-services company with multiple subsidiaries including recruitment marketplace Monster India.
A chartered accountant with nearly 20 years of experience, Hoda (LinkedIn profile) has held strategic roles at well-known conglomerates. The greater part of his career has been with the Vedanta Group, particularly its mining business Hindustan Zinc, where he started as a project finance manager in 2004. After brief stints with Essar and Flemingo, he returned to Hindustan Zinc as CFO in June 2020 and later joined Quess Corp.
“Hoda has played a pivotal role in implementing various finance ERPs and digital initiatives throughout his career,” Quess Corp said in a statement to the Bombay Stock Exchange. The company recently announced $501 million U.S. in revenue for Q1, FY22-23. Its recruitment and HR solutions — including the Monster job sites that it acquired in 2018 from Monster Worldwide Inc., owned by Randstad Holding NV — were the primary revenue drivers.
Monster India was recently in the news following the launch of its Zuno Fellowship Program, which saw the company disburse $1.3 million U.S. in grants. Founded in 2007, Quess Corp has a footprint in nine countries with over 3,000 clients. Its shares were trading at $7.6 U.S. at the time of reporting.