In a leadership move that shifts the finance spine of Creative Newtech Limited, Chief Financial Officer Abhijit Divakar Kanvinde has tendered his resignation with immediate effect, citing personal reasons such as advancing age, certain health considerations, and the demanding nature of the role’s hours. The decision was formally accepted by Chairman and Managing Director Ketan Chhaganlal Patel on 14 April 2026. The move underscores the human dimensions that accompany senior finance leadership and the toll rigorous responsibilities can take over time.
In his resignation letter, Kanvinde states there are no other material reasons beyond those cited, and he extends his gratitude to the board, founders, and the finance team for guidance and support during his tenure. He also commits to providing full assistance to ensure a smooth transition and seamless handover of responsibilities, signaling a professional approach to a leadership change rather than a sudden exit.
The development places Creative Newtech at a juncture where governance and financial stewardship will remain in focus as the company navigates its next phase. While the search for continuity in the CFO role unfolds, the leadership team and board will no doubt weigh how best to sustain momentum in an environment that places high demands on finance leadership, governance, and strategic execution.