Abhijit Bhattacharya

Executive Vice President & Chief Financial Officer (CFO)

 

Member of the Board of Management since December 2015
Responsibilities: Finance, Capital structure, Mergers & Acquisitions, Investor Relations, Information Technology, Global Business Services, Group Security and Participations

 

Abhijit Bhattacharya is CFO of Royal Philips. He is also a member of the Board of Management and the Executive Committee, positions that he has held since December 2015 and October 2015, respectively. Since the IPO of Philips Lighting in May 2016, he has been a member of the supervisory board of Philips Lighting.

 

He first joined Philips in 1987 and has held multiple senior leadership positions across various businesses and functions in Europe, Asia Pacific and the U.S. Through 2010 – 2014, he was the Head of Investor Relations of Philips, and subsequently, CFO of Philips Healthcare, Philips’ largest sector at the time. In this role, Abhijit was also responsible for the integration of the relevant Healthcare sector and Group management layers and the smooth transition to a new focused, lean operating model. Through 2014 - 2015, Abhijit was chairman of the team that was responsible for the overall planning and execution of the separation process to create two winning companies focused on the HealthTech and Lighting opportunities. He then became the CFO of Philips Lighting.

 

Prior to 2010, Abhijit was Head of Operations & Quality at ST-Ericsson, the joint venture of ST Microelectronics and Ericsson, and he was CFO of NXP’s largest business group.

 

Abhijit has a strong track record of delivering outstanding value to shareholders, partners, customers and employees and is passionate about driving profitable growth, while focusing on agile and cost-efficient operations.

 

Abhijit was born in India in 1961. He holds a Master’s degree in Finance and Accounting from the Sydenham College of Commerce and Economics, of the University of Mumbai, India, and is a qualified Cost and Management accountant from the ICAI, India.

 

He is a keen sportsman and won the junior national rifle shooting championship in India at the age of 18. He also won several times at the senior level in India in subsequent years, as well as multiple competitions in the Netherlands and Switzerland. Abhijit lives in Eindhoven with his wife and two children.