Web Werks, has appointed Durgesh Pandey as the company’s Chief Finance Officer (CFO).
In his new role, he will be responsible for the management of all financial processes in India for all the legal entities, partnering in the formulation of the overall organisation strategy & facilitating business growth. Owing to his rich and valuable experience, he will be a pivotal member of the senior management team.
With 18 years of work experience in Financial & Business Strategy Planning, he has been previously associated with Nxtra Data Limited (Data Center arm of Bharti Airtel Limited) over the past three years. His expertise in performance analysis of actual with target, preparation of long range plan including annual operating plan will drive business heads in various business sensitive and strategic projects.
“I believe that his ﬂawless credentials, extensive skill and proven track record will help drive our vision. I strongly believe that under Durgesh’s leadership, we will be able to extend our services to a wider range of customers.” said Nikhil Rathi, CEO and Founder of Web Werks, India.
“I am both honoured and excited with the prospect of joining Web Werks. As Chief Finance Officer, I look forward to furthering Web Werks’ mission of contributing to the digital economy by cultivating a seamless interconnected ecosystem of the world’s leading businesses.” said Durgesh Pandey, Chief Finance Officer of Web Werks, India.
In February 2021, Web Werks entered into a joint venture with Iron Mountain wherein it raised $150mn to fuel the data center expansion in India. The focus is placed on further developing its three existing markets immediately along with an expansion into Bengaluru, Hyderabad, and Chennai. Post the announcement, Web Werks bought a land parcel for a 2nd 12.5MW data center in Mumbai, alongside another 50MW in the offing. Web Werks has signed MoU’s with the Karnataka and Tamil Nadu governments for an investment of 750Cr and 700 Cr respectively. Each of the upcoming data centers will have a potential of up to 20 MW with further expansion possibilities to cater to the increasing demand from hyperscalers and enterprise customers.