ABB India Limited announced a leadership move that underscores an internal grooming of the finance leadership. In a board decision taken on October 6, 2026, the company approved the appointment of Suneel Kumar Munaga as Chief Financial Officer and Key Managerial Personnel, with effect from January 1, 2027. The appointment follows recommendations from the Nomination and Remuneration Committee and the Audit Committee and aligns with the company’s ongoing focus on strengthened financial leadership and governance.
Munaga currently serves as Vice President and Business Area Controller (Electrification) at ABB India, where he oversees financial leadership, governance, profitability and compliance for the Electrification business across India and several international markets in Asia and Africa. In that role, he has driven performance and strategic oversight across a broad, multi-market footprint, positioning him to steer ABB India’s finance function at the CFO level.
With a career spanning more than 28 years, Munaga has held leadership positions across multinational and public-sector organisations, including ABB India Limited, NTPC Limited, Hansen Drives Limited, Tecumseh Products India Private Limited, Hindustan Aeronautics Limited and Bharat Heavy Plate & Vessels Limited. He is a Commerce graduate and a qualified Cost & Management Accountant (CMA), having secured All India 13th rank in CMA Final and been a university rank holder in B.Com. He also completed the Finance Leadership Program at IMD, bringing a blend of financial stewardship, governance, risk management and transformation expertise to the new role.
This transition reflects ABB India’s emphasis on continuity in financial leadership and its commitment to sustaining performance, governance and strategic decision support as the company navigates a dynamic business environment.