Avaada Electro, the solar PV manufacturing arm of Avaada Group and a growing Indian green tech enterprise, has appointed Kaushal Shah as chief financial officer.
Shah comes with three decades of diverse experience, having begun his professional journey way back in 1992, as general manager, finance and accounts (F&A), Unipol Chemicals & Intermediates. Over five years later, he moved to Contech Software as vice president, finance and accounts.
Six years into this role, he switched to Adani Enterprises as head-investor relations and associate vice president (finance), in June of 2004. A little less than a decade into this role, he was elevated to head-investor relation and vice president (finance).
Kaushal Shah took on the role of chief financial officer, Adani Transmission, in August of 2015. By October 2020, he had become chief financial officer, Adani Green Energy. From 2022 to 2023, he served as chief financial officer, Adani New Industries.
Then he was on a sabbatical during which he recharged and realigned his purpose, and also spent quality time with family, exploring over 10 countries.
He posts on LinkedIn, “Nature’s lessons on adaptability, patience and growth have profoundly influenced my perspective as a leader”.
A chartered accountant with a PGDM in Information Systems Audit, he has successfully guided businesses through complex financial transformations and high-growth trajectories.
Now, he will lend his expertise to Avaada.
According to Vineet Mittal, chairman, Avaada Group, “His financial acumen, strategic vision and values-based leadership will be instrumental as Avaada Electro scales new heights in clean technology and sustainability”.
As CFO, Shah will be responsible for Avaada Electro’s financial strategy, stakeholder engagement, capital allocation and compliance frameworks, while supporting innovation-driven growth across solar PV manufacturing and allied technologies.
