Encalm Hospitality announced the strategic elevation of Karthikeyan Kandaswamy to the position of Group Chief Financial Officer (GCFO). Having served as the company’s Chief Financial Officer since 2022, Karthikeyan has played a key role in strengthening Encalm’s financial foundation and supporting its growth trajectory. In his expanded role as GCFO, he will oversee the financial strategy, governance, and capital management across the groups major business verticals, ensuring Encalm’s growth remains strategically aligned and operationally robust.
During his tenure as CFO, Karthikeyan successfully built the company’s finance function from the ground up, implementing a leading ERP platform and establishing strong internal systems and controls to support scale and operational efficiency. His leadership has also played an important role in supporting Encalm’s expansion across multiple verticals, enabling the organisation to strengthen its operational capabilities and scale its business significantly over the years.
“Karthikeyan’s elevation is a direct recognition of his unparalleled contribution to Encalm’s journey over the years,” said Vikas Sharma, Group CEO of Encalm Hospitality. “His rare blend of financial discipline, operational rigor and strategic foresight has played an important role in strengthening the organisation as we continue to expand across multiple verticals. As Encalm enters its next phase of growth, his leadership will continue to be instrumental in building a strong and future-ready organisation.”
A Chartered Accountant and Cost Accountant by qualification, Karthikeyan’s professional journey spans over 28 years of experience across organisations, including Larsen & Toubro, Shell, Standard Chartered and Vizag Steel. Reflecting on his new role, Karthikeyan said: “My journey with Encalm has been one of the most fulfilling phases of my career. My focus remains on ensuring that our financial systems and processes evolve alongside the organisation’s ambitions, while continuing to build a culture of accountability, transparency, and long-term thinking. I look forward to contributing further in this new capacity as Encalm continues to grow and diversify.”
With this leadership transition, Encalm Hospitality reaffirms its commitment to operational excellence and sustainable value creation, while continuing to strengthen its position within the evolving airport hospitality and services ecosystem.
