Choice International Limited is navigating a CFO transition as Manoj Singhania steps down from the role, effective at the close of business on August 10, 2026, to take on other responsibilities within the Group. The board has accepted his resignation and placed on record its appreciation for his tenure, noting there are no material reasons beyond his new responsibilities.
Replacing him, the Board, on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, has appointed Ayush Sharma as Chief Financial Officer with effect from August 10, 2026. Sharma is described as a seasoned finance professional with over 14 years of experience in financial management, strategic planning, corporate finance, financial advisory, audit, regulatory compliance and business finance. The release highlights his international exposure in Dubai, which has enriched his understanding of global financial practices and governance standards, and his track record in strengthening governance frameworks, optimizing capital allocation, and driving sustainable growth.
Observers say leadership transitions like this test governance discipline and continuity during handovers. Sharma’s mandate is expected to reinforce internal controls, financial reporting, budgeting, treasury management, and risk oversight as Choice International pursues its growth agenda while maintaining robust financial management.
The transition underscores the company’s focus on strengthening its financial leadership and governance to support its strategic objectives across the Group.