Sameer Kamath is set to take over as Chief Financial Officer at Pine Labs, joining the fintech firm at a crucial moment as it gears up for its highly anticipated initial public offering (IPO). Kamath’s appointment comes in the wake of Marc Mathenz’s resignation, the Singapore-based CFO, just ahead of Pine Labs submitting its draft red herring prospectus to SEBI.
“Kamath will transition from his current role as Group CFO at Avendus Capital, where he has led finance and strategic initiatives since 2017.” At Avendus, he played a key role in driving financial planning, performance management, and corporate strategy, contributing significantly to the firm’s evolution as a leading financial services player.
Kamath brings with him over 20 years of experience in financial leadership, having held senior roles at Motilal Oswal Financial Services Ltd, where he served as Group CFO for 11 years. Prior to that, he worked at RPG Group and Bharat S Raut & Co, KPMG India’s affiliate, where he honed his skills in accounting, compliance, and strategic finance.
His expertise includes investor relations, business intelligence, performance optimization, and aligning financial functions with organizational growth strategies. A graduate of Narsee Monjee Institute of Management Studies (NMIMS) and a Level II CFA charterholder, Kamath is expected to bring strong financial discipline and leadership to Pine Labs as it enters a pivotal chapter in its journey.
“His expertise spans corporate strategy, investor relations, performance management, and business intelligence,” making him well-equipped to guide the company through the complex process of public listing and long-term value creation.
Pine Labs, a leading merchant commerce platform, is aiming to expand its footprint further with its upcoming IPO. Kamath’s appointment is viewed as a strategic move to ensure robust financial governance and transparency during this phase of heightened scrutiny and growth.
With his extensive background in financial services and proven leadership in capital markets, Kamath is poised to play a critical role in fortifying Pine Labs’ financial framework and strengthening stakeholder confidence as the company transitions to life as a publicly listed entity.
