Singapore– TO THE NEW and CloudKeeper, leading technology companies focused on digital engineering, cloud, and FinOps, today announced the appointment of Somnath Adak as Group Chief Financial Officer (CFO). Singapore-headquartered TO THE NEW and CloudKeeper are affiliate entities under common ownership.
Based in Singapore, Somnath will lead the group’s finance and legal functions across the group’s operations in Singapore, India, the United States, the United Kingdom, the UAE, and Australia. He will partner closely with the Board of Directors and leadership teams of TO THE NEW and CloudKeeper to shape the group’s legal architecture and steer its finance strategies.
Commenting on the appointment, Deepak Mittal, Chairman, TO THE NEW and Founder and CEO, CloudKeeper, said: “ I’m delighted to welcome Somnath as the Group CFO. His combination of financial discipline, strategic acumen, and experience working with boards and leadership teams will be invaluable as we scale the businesses, strengthen our financial and legal foundations, and create sustainable value for our customers and stakeholders.”
Commenting on the appointment, Narinder Kumar, Co-Founder and CEO, TO THE NEW, said: “Somnath joins the group at an exciting stage in our evolution, as we continue to scale our businesses and capitalize on the growth of AI and cloud. His experience across finance, capital markets, and business leadership will be incredibly valuable as we build the capabilities to support our next phase of growth.”
Somnath brings two decades of experience in finance, strategy, and business leadership across India, Australia, and Singapore, including senior leadership roles with large and listed businesses. Before joining TO THE NEW and CloudKeeper, he spent nine years with Singapore-listed Asian Pay Television Trust, including two years as CEO and seven years as CFO. During his tenure, he worked closely with the board to reduce debt, strengthen the balance sheet, and expand APTT’s broadband business. Earlier, he held leadership roles at Macquarie, ITC Limited, and Grant Thornton.
Somnath is a Chartered Accountant and former Chairman of the ICAI Singapore Chapter. He holds an Executive MBA from INSEAD and is a Distinguished Alumnus of Shri Ram College of Commerce.
“I’m delighted to join TO THE NEW and CloudKeeper at such an exciting stage of their journey,” said Somnath Adak, Group CFO, TO THE NEW and CloudKeeper. “I look forward to building on the strong foundations of both businesses while further strengthening finance and legal as strategic, technology-enabled functions that support growth and business decision-making. I’m excited to work closely with Deepak, Narinder, and the teams across both businesses as we scale and expand into new markets”.
The appointment further strengthens the group’s leadership team as TO THE NEW and CloudKeeper continue to invest in technology, cloud, data, and AI capabilities, and expand their presence across global markets. The strategic executive appointment builds on the group’s recent momentum and reflects its continued investment in leadership capabilities to support its next phase of growth.
