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Sony increases its stake in Sony Financial
MUMBAI: Sony Corporation has raised its stake in Sony Financial Holdings from 63 per cent. The latter is the holding company for Sony’s financial services business. However, the total per cent of stake that Sony will now hold in its financial department is still unknown.
The company bought 9 million shares on Tuesday for 2,144 yen each in an off-market transaction. Sony Corporation already holds 274,050,000 shares in the company.
The ¥19.3 billion (around 170 Million) acquisition will boost net income for Sony’s shareholders with the goal of raising corporate value for both the Sony Group and Sony Financial.
The company also said that it’s desirable for Sony Financial to maintain its listed status, and secure transparent management and independent financing
The Financial division which was founded in 2004 is headquartered in Tokyo, Japan, and owns and oversees the operation of Sony Life Insurance, AEGON Sony Life Insurance (50 per cent joint venture with Aegon N.V.), SA Reinsurance Ltd. (50 per cent joint venture with Aegon; British Bermuda), Sony Life Singapore, Sony Assurance, Sony Bank, Sony Payment Services, SmartLink Network Hong Kong Limited, Sony Lifecare and Lifecare Design.
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Boeing appoints Barun as head of FP&A for global engineering function
Seasoned finance leader to steer budgets and strategy across global centres
BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.
Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.
In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.
Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.
The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.
His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.
A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.
His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.
