Apeejay Surrendra Park Hotels Appoints Manish Bhagat as New CFO

Apeejay Surrendra Park Hotels Welcomes Manish Bhagat as New CFO

The appointment of Manish Bhagat as CFO signals a strategic shift for Apeejay Surrendra Park Hotels as it aims to strengthen its financial leadership.

Apeejay Surrendra Park Hotels has appointed Manish Bhagat as Chief Financial Officer and Key Managerial Personnel, effective 21 September 2026. Bhagat succeeds Atul Khosla, who has stepped down from the role to pursue a new professional opportunity. Bhagat brings over 20 years of significant experience in finance across diverse sectors, including hospitality, retail, engineering, aviation, and aerospace. Prior to joining ASPHL, he served as Vice President – Finance at SAMHI Hotels Limited following earlier leadership roles at Devyani International, AirWorks Engineering, and InterGlobe Aviation (IndiGo). Over the course of his career, he has built extensive expertise in financial planning and control, strategic financial management, treasury management, refinancing activities, cost optimization, audits, due diligence controls, and digital finance transformation.

Strategic Leadership Transition

Manish Bhagat’s appointment comes at a pivotal time for Apeejay Surrendra Park Hotels, as the company seeks to enhance its financial strategies and operational efficiencies. His predecessor, Atul Khosla, played a significant role in navigating the financial landscape of the hospitality sector, and Bhagat’s extensive background in finance across various industries positions him well to continue this trajectory.

Bhagat’s Diverse Experience

With over two decades of experience, Bhagat has a proven track record in financial leadership roles. His previous position as Vice President – Finance at SAMHI Hotels Limited equipped him with insights into the hospitality sector’s financial intricacies. His tenure at companies like Devyani International and InterGlobe Aviation further underscores his capability to manage complex financial frameworks and drive growth through strategic financial management.

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Implications for Apeejay Surrendra Park Hotels

Bhagat’s appointment is expected to bring a fresh perspective to the financial strategies of Apeejay Surrendra Park Hotels. His expertise in treasury management and cost optimization will be crucial as the company looks to enhance its operational efficiencies and profitability. Furthermore, his experience in digital finance transformation aligns with the growing trend of leveraging technology in financial operations, which could lead to improved decision-making and resource allocation.

Key Highlights

  • Manish Bhagat appointed as CFO of Apeejay Surrendra Park Hotels effective 21 September 2026.
  • Successor to Atul Khosla, who has left for new opportunities.
  • Over 20 years of experience in finance across various sectors.
  • Previously served as Vice President – Finance at SAMHI Hotels Limited.
  • Expertise in financial planning, treasury management, and digital finance transformation.

Investor Note: The appointment of Manish Bhagat as CFO may signal a new chapter for Apeejay Surrendra Park Hotels, potentially leading to enhanced financial strategies and operational efficiencies that could benefit stakeholders in the long run.

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