SS Innovations appoints Naveen Kumar Amar as CFO to enhance global finance operations and support surgical robotics expansion.
Quiver AI Summary
SS Innovations International, Inc. announced the appointment of Naveen Kumar Amar as Chief Financial Officer, effective September 24, 2025, succeeding Dr. Vishwa Srivastava, who will remain the CEO for Asia Pacific. Amar brings over 25 years of finance experience across various industries and has been recognized as a leading financial executive in India. His prior roles include senior financial positions at companies like SpiceXpress and MSD Wellcome Trust Hilleman Laboratories. Dr. Sudhir Srivastava, Chairman and CEO, expressed enthusiasm for Amar's addition to the team as the company expands its global presence with its surgical robotic technologies, particularly the SSi Mantra system. Amar conveyed his excitement about contributing to the company's mission of democratizing access to advanced surgical care.
Potential Positives
- SS Innovations appointed Naveen Kumar Amar as the Chief Financial Officer, adding over 25 years of global finance leadership experience to the executive team, which is expected to strengthen the company's financial operations.
- Mr. Amar's background includes high-level financial roles in diverse sectors, which may enhance the company’s strategic direction and financial governance.
- The appointment signals the company's commitment to expanding its global presence and improving its advanced surgical robotic systems, positioning SS Innovations for future growth in the healthcare technology market.
Potential Negatives
- Transitioning to a new Chief Financial Officer on a permanent basis may indicate instability within the finance leadership, especially coming just months after the previous CFO took on the interim role.
- Mr. Naveen Kumar Amar's recent position providing virtual CFO services raises questions about his hands-on experience and commitment to a single organization, which could affect investor confidence.
- Dr. Vishwa Srivastava's dual role as CEO – Asia Pacific while also having recently served as interim CFO may create concerns regarding the effectiveness of leadership focus and potential conflicts of interest.
FAQ
Who is the new CFO of SS Innovations?
The new Chief Financial Officer of SS Innovations is Naveen Kumar Amar, effective September 24, 2025.
What experience does Naveen Kumar Amar bring to SS Innovations?
Naveen Kumar Amar has over 25 years of global finance leadership experience across various industries and has been recognized as a top financial executive.
What is the role of Dr. Vishwa Srivastava at SS Innovations now?
Dr. Vishwa Srivastava will continue as the Chief Executive Officer for the Asia Pacific region after serving as Interim CFO.
What is the mission of SS Innovations International, Inc.?
SS Innovations aims to make robotic surgery affordable and accessible to a larger segment of the global population.
What is the SSi Mantra surgical robotic system?
The SSi Mantra is a modular, user-friendly surgical robotic system used in various procedures, including robotic cardiac surgery.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SSII Insider Trading Activity
$SSII insiders have traded $SSII stock on the open market 14 times in the past 6 months. Of those trades, 14 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SSII stock by insiders over the last 6 months:
- BARRY F COHEN (COO - Americas) has made 14 purchases buying 4,726 shares for an estimated $44,488 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SSII Hedge Fund Activity
We have seen 13 institutional investors add shares of $SSII stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BARCLAYS PLC added 66,759 shares (+inf%) to their portfolio in Q2 2025, for an estimated $393,210
- FORUM FINANCIAL MANAGEMENT, LP added 58,469 shares (+inf%) to their portfolio in Q2 2025, for an estimated $344,382
- UBS GROUP AG added 51,189 shares (+inf%) to their portfolio in Q2 2025, for an estimated $301,503
- GEODE CAPITAL MANAGEMENT, LLC added 20,786 shares (+inf%) to their portfolio in Q2 2025, for an estimated $122,429
- ALTI GLOBAL, INC. added 20,555 shares (+inf%) to their portfolio in Q2 2025, for an estimated $121,068
- MARINER, LLC added 14,840 shares (+inf%) to their portfolio in Q2 2025, for an estimated $87,407
- GLOBAL RETIREMENT PARTNERS, LLC added 5,001 shares (+inf%) to their portfolio in Q2 2025, for an estimated $29,455
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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
[email protected]
Devin Sullivan, Managing Director
T: (212) 836-9608
[email protected]
Media Contact:
RooneyPartners LLC
Kate Barrette
T: (212) 223-0561
[email protected]