Saturday, August 2, 2025

Truecaller appoints a new Chief Financial Officer

- Advertisement -

Truecaller appoints a new Chief Financial Officer

Caller identification app Truecaller on Thursday said it has appointed Odd Bolin as its new Chief Financial Officer (CFO).

Bolin will join the management team in Stockholm and oversee the financial management and operations to support the company’s growth, and to prepare the firm for an initial public offering (IPO), a statement said.

This is the second senior hire by the company in the past two months to strengthen the management team, it added.

Prior to Truecaller, Bolin was the Group CFO at Sinch, a global leader in cloud communications for mobile customer engagement where he helped take the company public and led half a dozen international acquisitions, including Sinch’s USD 130 million acquisition of Mblox in 2016.

He has also been Group CFO at intellectual property firm Zacco, mobile games developer G5 Entertainment, and IT consultancy Cybercom. Previous to that, Bolin was a stock market analyst and M&A advisor.

“As Truecaller is preparing for an IPO, Odd will play a key role in the process. We have strong confidence in Odd’s expertise and previous experience in taking high growth companies public, and we believe that he will add great value to the company and the management team,” Truecaller CEO and co-founder Alan Mamedi said.

The Swedish company had 267 million active users globally at the end of 2020. India is the biggest market for the company with 195 million users.

“Truecaller is a success story that I’m very excited to be a part of, and I’m eager to support the company in taking it public. I think we’ve only just scratched the surface of our potential. There is still tremendous opportunity to expand our footprint globally,” Bolin said.

The company said its active user base grew 25 per cent in 2020 – rising from 213 million active users at the beginning of the year to 267 million active users globally at the end of 2020, while also becoming profitable and cash flow-positive.

“India contributes a majority of users and revenue for Truecaller. Currently, Truecaller has 195 million active users in India alone,” it added.

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

DBS Bank India Appoints Ambuj Chandna and Santanu Mitra to Key Roles

DBS Bank India has made two pivotal senior-level appointments...

TCS to invest $300 million in a foreign country, will hire 220 people by 2023

Tata Consultancy Services (TCS) has announced plans to expand...

Citi Group in India is hiring for various roles; Check the details here

An American multinational investment bank and financial services corporation,...

Govt notifies EPF scheme under PM Gareeb Kalyan Yojna

The labour ministry on 10th April, Friday notified the...

Pravin Rao to retire on Dec 11, Infosys drops COO role & splits the task

India's second-largest IT services company, Infosys has said that its...

Google is on hiring spree, Student Researcher 2024, last date Jan 12

An American multinational technology company, Google in India for...

Bandhan Bank Welcomes Partha Pratim Sengupta as MD & CEO

Bandhan Bank has announced the appointment of Partha Pratim...

Deloitte is hiring for WFO and Hybrid jobs; Check Details here

An international professional services company, Deloitte is hiring people for various...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/