Abhijit received the prize during the opening ceremony of CFO Day 2019 on Wednesday, June 5. 'This is a recognition of his great career at Philips, his personal journey and the way in which he as CFO makes the difference in Philips' transformation,' explained the jury.

'I am very honored to receive this award, it is a great recognition for the complete finance team at Philips,' Abhijit says. 'Over the past years, the finance function has gone through an incredible transformation. We have made great strides in standardization, simplification, and reaching benchmark cost levels. Winning the CFO Award is primarily a recognition for this success, and for the progress that the entire company has made. I am happy for the team and for Philips.'

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Royal Philips NV published this content on 06 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 June 2019 12:57:04 UTC