Komerz has appointed Shahid Sadiq as Group Chief Financial Officer, bringing on board a senior finance leader with more than two decades of experience across marketing communications and global business operations.
Sadiq joins the company from WPP, where he served as Global CFO of WPP’s Specialist Communications and PR division. Over the course of his career, he has also held senior finance and operational roles at Geometry Global and McCann Worldgroup EMEA.
At Komerz, he will oversee group finance, capital allocation, investment strategy, fundraising, governance, performance management and investor relations, as the company looks to scale its AI-powered commerce ecosystem.
Ramesh Krishnamurthy, CEO of Komerz, said: “Shahid's appointment marks another significant milestone in Komerz's evolution. As we continue to grow and strengthen our global presence, his experience leading complex international organisations and delivering disciplined growth will be invaluable. We are building for the long term, and Shahid brings the financial leadership needed for the next stage of our journey."
Siddharth Shankar, COO of Komerz, stated: "Komerz is creating a new kind of commercial growth platform, combining brands, technology, data and distribution within a single ecosystem. Shahid brings world-class financial and operational expertise that will help us accelerate growth, integrate acquisitions effectively, and continue building a category-defining business."
Shahid Sadiq, Group CFO of Komerz, added: “Komerz is building a highly differentiated platform at the intersection of commerce, distribution, AI and performance-led growth with a clear vision and significant opportunities ahead. The opportunity to help scale this globally, through disciplined investment, profitable expansion and strategic acquisitions, is extremely compelling. I look forward to working with the leadership team to build a world-class omni-channel distribution business for brands.”
