InMobi appoints Hema Namburi as group CFO before India IPO
In short
InMobi has named Hema Namburi as its new group CFO ahead of a planned India IPO. She has been the company’s global financial controller since 2018 and replaces Marc Steifman.
The move matters because InMobi is preparing for a $1 billion public offering in India, and the finance leadership change comes before that listing.
What the reporting says
InMobi appointed Hema Namburi as group CFO ahead of its planned India initial public offering. Namburi has served as the company’s global financial controller since 2018 and replaces Marc Steifman. The move comes as InMobi prepares for a $1 billion public offering in India, signaling a senior finance change during the company’s IPO push.
Why it matters
InMobi appointed Hema Namburi as group CFO and said she will replace Marc Steifman while the company prepares for a $1 billion public offering in India. Namburi has been InMobi’s global financial controller since 2018. The change is important for the company’s IPO process because it puts a senior finance executive in place ahead of the planned listing.