STOCK TITAN

SS Innovations Appoints Naveen Kumar Amar as Chief Financial Officer

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

SS Innovations International (NASDAQ:SSII), a developer of surgical robotic technologies, has appointed Naveen Kumar Amar as its new Chief Financial Officer, effective September 24, 2025. Amar succeeds Dr. Vishwa Srivastava, who served as Interim CFO since July 2025 and will continue as CEO of Asia Pacific.

Amar brings over 25 years of global finance leadership experience and has been recognized as one of India's top financial executives by Forbes India, Forbes Asia, and other prestigious organizations. His expertise spans financial accounting, reporting, planning, corporate finance, and both U.S. and Indian GAAP. Prior to joining SSII, Amar provided virtual CFO services and held senior positions at SpiceXpress, Munch Ado India, and other global companies.

Loading...
Loading translation...

Positive

  • Appointment of highly experienced CFO with 25+ years of global finance leadership
  • New CFO brings expertise in both U.S. and Indian GAAP, essential for global operations
  • Recognition as one of India's top financial executives by Forbes and other publications

Negative

  • Multiple CFO changes within a short period (July 2025 to September 2025)

News Market Reaction

-1.59%
1 alert
-1.59% News Effect

On the day this news was published, SSII declined 1.59%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

FORT LAUDERDALE, Fla., Sept. 26, 2025 (GLOBE NEWSWIRE) -- SS Innovations International, Inc. (the “Company” or “SS Innovations”) (Nasdaq: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announced the appointment of Naveen Kumar Amar as the Company’s Chief Financial Officer, effective September 24, 2025. Mr. Amar is assuming the Chief Financial Officer role, on a permanent basis, from Dr. Vishwa Srivastava, who has served as the Company’s Interim Chief Financial Officer since July 2025. Dr. Vishwa Srivastava will continue in his capacity as the Company’s Chief Executive Officer – Asia Pacific.

Mr. Amar brings to SS Innovations more than 25 years of global finance leadership experience spanning a wide range of industries and geographies. During his career, he has amassed expertise in financial accounting and reporting, planning and analysis, budgeting, forecasting, corporate finance, treasury operations, governance, internal controls, and both U.S. and Indian GAAP, among other areas. He has been recognized as one of India’s top financial executives by various publications and organizations, including Forbes India magazine, Forbes Asia magazine, CFO India Forum, and Chartered Institute of Management Accountants, London.

Dr. Sudhir Srivastava, Chairman of the Board and Chief Executive Officer of SS Innovations, commented, “Amar brings to SS Innovations a strong track record of building best-in-class finance operations, effective cross-functional teams, and successful businesses across diverse industries and geographies. We are thrilled to welcome a seasoned financial executive of his caliber to our leadership team as we expand the global presence of our advanced, cost-efficient SSi Mantra surgical robotic system.”

Mr. Amar added, “I am honored to be joining SS Innovations at this exciting stage in its journey to democratize access to advanced surgical robotic care and I look forward to helping the team drive growth and deliver sustainable long-term shareholder value.”

Most recently, Mr. Amar has provided virtual CFO services to clients based in the United States, Canada and the United Kingdom. Among his previous positions, Mr. Amar served as Head of Finance & Commercial for SpiceXpress, the cargo division of SpiceJet; Global CFO for Munch Ado India Private Ltd., a software enterprise technology provider; Senior Vice President – Finance & Compliance and Company Secretary for MSD Wellcome Trust Hilleman Laboratories Private Ltd., a global vaccine manufacturer; Chief Financial Officer – India & Australia and Company Secretary for EDirect Proprietary Ltd., a telecommunications provider; and India Manager – Financial Consolidation and Company Secretary for GE India.

Mr. Amar graduated with a Bachelor of Commerce degree from the University of Delhi and received a post graduate diploma in Business Management from All India Management Association’s Centre of Management Education. In addition, he earned the Chartered Accountant designation from the Institute of Chartered Accountants of India as well as the Company Secretary designation from the Institute of Company Secretaries of India.

About SS Innovations
SS Innovations International, Inc. (Nasdaq: SSII) develops innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger segment of the global population. The Company’s product range includes its proprietary “SSi Mantra” surgical robotic system and its comprehensive suite of “SSi Mudra” surgical instruments, which support a variety of surgical procedures including robotic cardiac surgery. An American company headquartered in India, SS Innovations plans to expand the global presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions. Visit the Company’s website at ssinnovations.com or LinkedIn for more information and updates.

About the SSi Mantra
The SSi Mantra surgical robotic system is a user-friendly, modular, multi-arm system with many advanced technology features, including: 3 to 5 modular robotic arms, an open-faced ergonomic surgeon command center, a large 3D 4K monitor, a touch panel monitor for all patient related information display, a virtual real-time image of the robotic patient side arm carts, and the ability for superimposition of 3D models of diagnostic imaging. A vision cart provides the table-side team with the same magnified 3D 4K view as the surgeon to provide better safety and efficiency. The SSi Mantra utilizes over 40 different types of robotic endo-surgical instruments to support different specialties, including cardiac surgery. The SSi Mantra has been clinically validated in India in more than 100 different types of surgical procedures.

Forward Looking Statements
This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations’ future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Investor Contact:
The Equity Group
Kalle Ahl, CFA
T: (303) 953-9878
kahl@theequitygroup.com

Devin Sullivan, Managing Director
T: (212) 836-9608
dsullivan@theequitygroup.com

Media Contact:
RooneyPartners LLC
Kate Barrette
T: (212) 223-0561
kbarrette@rooneypartners.com


FAQ

Who is the new CFO of SS Innovations (NASDAQ:SSII)?

Naveen Kumar Amar was appointed as the new CFO of SS Innovations, effective September 24, 2025.

What experience does SS Innovations' new CFO bring to the company?

Naveen Kumar Amar brings over 25 years of global finance leadership experience, expertise in financial accounting, reporting, and both U.S. and Indian GAAP. He has been recognized as one of India's top financial executives by Forbes.

Who did Naveen Kumar Amar replace as CFO at SS Innovations?

Amar replaced Dr. Vishwa Srivastava, who served as Interim CFO since July 2025 and will continue as CEO of Asia Pacific.

What are SS Innovations' (SSII) main business operations?

SS Innovations is a developer of surgical robotic technologies focused on making robotic surgery affordable and accessible globally, particularly with their SSi Mantra surgical robotic system.

What were Naveen Kumar Amar's previous positions before joining SS Innovations?

Prior to joining SSII, Amar provided virtual CFO services and held senior positions including Head of Finance at SpiceXpress, Global CFO at Munch Ado India, and senior roles at MSD Wellcome Trust Hilleman Laboratories.
SS Innovations

NASDAQ:SSII

SSII Rankings

SSII Latest News

SSII Latest SEC Filings

SSII Stock Data

1.15B
32.89M
83.05%
0.18%
0.04%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
India
FORT LAUDERDALE