Adactin appoints Avinash Peter as CFO to drive APAC growth

Adactin has appointed Avinash Peter as Chief Financial Officer as the company seeks to advance its finance operations in the Asia Pacific region.

Peter, based in Sydney, will be responsible for the further development of Adactin's finance function, focusing on operational excellence and strengthening internal controls to support the company's ongoing regional expansion.

He is recognised in the industry for building accounting, tax, compliance, and internal control functions, as well as overseeing merger and acquisition activity. His expertise includes scaling technology companies and implementing complex business transformations, particularly in high-growth environments and within private equity frameworks.

Navneesh Garg, Chief Executive Officer at Adactin, welcomed the appointment, stating,

"Avinash Peter brings terrific skills to our finance and accounting team from his experience in being instrumental in scaling companies and providing the finance vision, strategy and leadership to help organisations reach their full potential. With Peter at the finance helm, I'm confident we'll be well positioned to meet our growth goals moving forward and support delivering long-term value to our customers and industry partner vendors."

Peter's previous experience includes more than 16 years at Civica, an international IT multinational, where he held several senior roles driving financial and operational change. Beginning his tenure in core accounting, he later led Financial Control across the Asia Pacific region and then assumed the role of Finance Director for the company's Education, Libraries and Singapore divisions.

In his most recent post as Finance Director for Civica in Australia, New Zealand, and Singapore, a position he held for over six years, Peter led the implementation of new financial systems, developed pricing and business transformation strategies, and worked closely with global consulting firms on tax and audit matters. He was also responsible for facilitating three private equity sales during this period.

Avinash Peter described his new role at Adactin as an opportunity to contribute to the company's strategic trajectory and long-term ambitions. He said,

"I'm honoured to join Adactin and look forward to working with the leadership team to help advance the company's strategy and support its continued momentum as a category leader in IT services. I'm confident that the Adactin offering and the team have substantial runway for growth and are poised for incredible success."

Peter began his finance career as an Assistant Accountant at News Magazines and holds a Master of Accounting degree from Macquarie University. He is also a Certified Practising Accountant.

Adactin continues to focus on its growth objectives in the technology services sector, emphasising the importance of strong financial management and governance structures as it seeks to expand its presence across public sector agencies and commercial enterprises in the region.