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    A 9.9 MEDIA PUBLICATIO

    CFO LOUNGE

    PIZZA METROPOLITIANPIZZA P. 42

    IN PRACTICE

    CFO - AN ENABLER ORINHIBITOR? P. 26

    VOLUME 04

    ISSUE 0275

    FEBRUARY 2013

    THE MOST DEFINITIVE LIST OF INDIAS FUTURE CFOS.

    ADJUDGED AND CHOSEN AFTER EXTENSIVE INTERVIEWSBY A JURY OF 40 LEADING CFOS

    CFONext 100Special

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    ILE:

    L

    J

    26

    EELS:

    S

    IS

    E42

    I

    IK:KEKI

    IS

    Y10

    ISSE

    L

    E

    1

    4

    I

    I

    A9.9M EDIAPUBLICATION

    71%Believetheircurrentjobofferspotentialforhigherroles

    19%Arelooking forachangeofjob 25%

    CFOsfeelincreasingworkloadimpactsjobeffectiveness

    Feelinternalbureaucracystressesthemthemost

    32%

    OftheC FOsareengagedintheirjobs

    81%

    Feellongterminitiativesarebelowaverage

    50%15%

    58%Changeforthebetter

    30%Staythesame

    12%Changeforworse

    ExpectationofOrganisationsPerformnce

    CFOPROFILEAMLANDATTAMAJUMDAR,CFO,ABBP.26

    ITHINKKEKIMISTRY,VC&CEO,HDFCBANKP.1 0 ONWHEELSTATASAFARISTORMEP.42

    VOLUME04ISSUE0175

    JANUARY2013

    F ee lthe ircompensationisabov eaver age

    HappyAreIndiasCFOs

    How

    128CFOsrevealsecretsofworkrelatedhappinessandhowtheyviewtheirjobs

    Decision-making attherightlevelisa criticalaspectoftopmanagementrolesTW&CFOIndiaSurvey

    TherealstresscomesfromtheinternalredtapewhichisanembarrassmentforaC FOSeniorCFOofamanufacturingfirm

    IN PRACTICE

    26IS THE CFO AN ENABLEROR INHIBITOR

    To overcome a firms internal obstacles to innovation,CFOs must be able to create and manage dual financial

    systemsoperational excellence as well as innovation

    simultaneously, which requires fundamentally different

    mindsets, processes and metrics

    32 PUNISH BRIBERY OR PERISHAS A NATIONThe Indian government needs to adopt a zero tolerance

    policy to bribery and corruption and clean up the countrys

    image, if we really want to be a global power

    36NEED FOR MULTI-LAYEREDPROTECTIONNatalya Kaspersky, CEO InfoWatch and Co-Founder of

    Kaspersky Lab, talks about how enterprises need to manage

    new age threats

    COVER DESIGN ATUL DESHMUKH

    AD INDEX Zenith Computers IFC | Canon 03 | Falcon (Expo 2020 Dubai) 05 | Bharti Airtel IBC | Bank of India BC

    CFO INSIDEFEB RUARY | 20 1 3

    FUTURE FINANCE LEADERSUNVEILED!CFO India presents the most definitive list yet ofIndias top future CFOs, who were nominated bytheir seniors and peers and finally interviewedand judged by the nations leading CFOs

    COVER STORY06

    EVENT REPORTA THUMPING SUCCESS

    The CFO NEXT100 saw thenations leading CFOs present

    to honour and encourage 100

    of the brightest future finance

    stars. A report

    CFO LOUNGE

    42 M&E | PIZZA METROPOLITIAN PIZZA

    44 GIZMOS | LENOVO THINKCENTRE

    EDGE 72Z

    46 TRAVEL | THE RESORT

    REGULARS

    04 LETTERS TO THE EDITOR48 NOT JUST THE LAST WORD

    42

    38

    CFO LOUNGETRAVEL46A SEASIDEGETAWAYWithin Mumbai and yet, far

    from the madding crowd, The

    Resort on Madh-Marve is ideal

    for a weekend break or offsites

    and conferences

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    IS OUR POWERFUL financial community building a succession

    pipeline to make sure that once they move on, there are enough

    bright young stars who will keep the India growth story shining

    bright? Does the country have enough able next-in-line CFOs, those

    who can make any transition in the CFO role feel seamless? And if

    so, who are these men and women?

    We set out on this seemingly impossible task of identifying andhonouring 100 such next-future CFOs a project no one had thought

    of, let alone take up, before. Amazingly several hundred CFOs gave

    us their complete backing and nominated over 350 bright young

    executives who they felt had the skill and temperament to become

    CFOs one day.

    Screening of application forms, an initial shortlist, grueling inter-

    views with our 40-member jury comprising award-winning CFOs

    and three leadership workshops later we finally had 100 winners.

    Senior and mid-level finance professionals from across 9 Indian

    cities and three other nations made it to the final 100. And giving a

    resounding vote of confidence to the status and credibility that CFO

    India has achieved in its three years of existence 95 per cent of

    the winners turned up in person to collect the awards in a glittering

    ceremony in Mumbai.

    Most importantly, for the first time, the nation clearly has a defini-

    tive and credible list of 100 future CFOs. While you read about each

    of them in this special issue (see the cover package: 100 Stars of

    Tomorrow on Page 06) , watch this space in the months to come as

    well. We are willing to stake our reputation to say that many of these

    future CFOs would find their way into the magazine as Chief Finan-

    cial Officers, very soon.

    We hope you feel proud to read about the huge talent we have in

    the countrys finance fraternity today. The future of our companies,

    are in good hands. Let us know your thoughts.

    On a different note, this is also my last issue as the Editor of CFO

    India. I hope, even as I move on, my connection with the magazine

    and with the CFO community will continue in one way or the other.

    The magazine of course will remain the same, and in fact continue

    to give you better and better content in the issues to come.

    Star-Rise!

    FROM THEMANAGINGEDITOR

    DHIMAN [email protected]

    22 C F O I N D I A F E B R U A R Y 2 0 1 3

    SUBSCRIBER SERVICES:

    Call +91-120-4010999

    VISIT CFO INDIAS WEBSITE

    www.cfo-india.in

    MANAGING DIRECTOR: Dr. Pramath Raj Sinha

    EDITORIAL

    EDITOR: Anuradha Das MathurMANAGING EDITOR: Dhiman Chattopadhyay

    ASSISTANT EDITOR: Purva Khole

    SUB EDITOR: Radhika Haswani

    DESIGN

    SR. CREATIVE DIRECTOR: Jayan K Narayanan

    SR. ART DIRECTOR: Anil VK

    ASSOCIATE ART DIRECTORS: Atul Deshmukh & Anil T

    SR. VISUALISERS: Manav Sachdev & Shokeen Saifi

    VISUALISER: Baiju NV

    SR. DESIGNERS: Raj Kishore Verma, Shigil Narayanan,

    Suneesh K & Haridas Balan

    DESIGNERS: Charu Dwivedi, Peterson PJ, Midhun Mohan,

    & Pradeep G Nair

    MARCOM

    ASSOCIATE ART DIRECTOR: Prasanth Ramakrishnan

    DESIGNER: Rahul Babu

    STUDIO

    CHIEF PHOTOGRAPHER: Subhojit Paul

    SR. PHOTOGRAPHER: Jiten Gandhi

    THE CFO INSTITUTE

    EXECUTIVE DIRECTOR: Deepak Garg

    NATIONAL HEAD, CFO INDIA: Seema Menon

    ASSISTANT BRAND MANAGER: Nisha Anand

    ASSISTANT MANAGER: Dr Leena Narain

    ASSISTANT MANAGER - CORPORATE INITIATIVES: Deepika Sharma

    SALES & MARKETING

    SENIOR VP SALES & MARKETING: Krishna Kumar KG

    ASSISTANT REGIONAL MANAGER (SALES): Rajesh Kandari

    (+91-9811140424)

    NATIONAL MANAGER (EVENTS & SPECIAL PROJECTS):

    Mahantesh Godi (+91-9680436623)

    ASSISTANT BRAND MANAGER: Arpita Ganguli

    SOUTH: Vinodh Kaliappan (+91-9740714817)

    WEST: Sachin N Mhashilkar (+91-9920348755)

    PRODUCTION & LOGISTICS

    SENIOR GENERAL MANAGER (OPERATIONS): Shivshankar Hiremath

    MANAGER OPERATIONS: Rakesh Upadhyay

    ASST. MANAGER - LOGISTICS: Vijay Menon

    EXECUTIVE LOGISTICS: Nilesh Shiravadekar

    ASSISTANT PRODUCTION MANAGER: Vilas Mhatre

    LOGISTICS: MP Singh, Mohamed Ansari

    OFFICE ADDRESS

    Nine Dot Nine Interactive Pvt Ltd

    Office No. B201-B202, Arjun Centre B Wing, Station Road,

    Govandi (East), Mumbai 400088 INDIA.

    Published, Printed and Owned by Nine Dot Nine Interactive Pvt Ltd.

    Published and printed on their behalf by Kanak Ghosh.

    Published at Bungalow No. 725, Sector - 1, Shirvane, Nerul,

    Navi Mumbai - 400706

    Printed at Tara Art Printers Pvt ltd., A-46-47, Sector-5

    NOIDA (U.P.) 201301

    All rights reserved: Reproduction in whole or in part without written

    permission from Nine Dot Nine Interactive Pvt Ltd is prohibited.

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    44 C F O I N D I A F E B R U A R Y 2 0 1 3

    LETTERSCFO INDIA

    FEBRUARY 2013

    02.13 Your voice can make a change:Share your viewpoint onwhats happening in the community and your feedback on themagazine [email protected] CONNECTING FACTORAs I read the Cover Story, there were a lot of happy

    realisation moments. I have to appreciate the effortstaken by Towers Watson and CFO India in coming

    up with the survey and pointers that were revealed in

    this survey. The survey is structured well and brings

    out a lot of important factors like the various factors

    that cause stress, the reward points for professionals

    amongst others. The survey focuses the key issues

    faced by many of us in the community and I hope it

    would be taken up by everyone in the right manner for

    the overall improvement of the community for a better

    and greater tomorrow.

    Richa Sharma,AVP Finance, Pinnacle Industries,

    Noida

    MORE ON ENTREPRENEURSHIPI have been a regular reader of the magazine and

    would like to suggest that the magazine should have

    more entrepreneurial stories which are inspiring to

    the finance community. Till date the VA Tech Wabag

    story which had appeared during mid 2012 is fresh in

    my mind and is a great one not just for reading but

    learning too. I hope we could have more such stories

    in the months to come.

    SN Rao,Head Finance, SP Solar, Vadodara

    ADVICE NEEDEDWhile flipping through the January issue of CFO

    India, I came across a report on cloud computing. Iam very keen to know about the initiative that you took

    with Microsoft. I would like to know about the survey

    because at our organisation we are contemplating on

    moving our system to Cloud because of the benefits

    heard from many senior professionals. It would be

    great if we could get an overall picture about the

    environment so that it would make decision making

    easy for us.

    Sunil Nair, COO, SunCity Pvt Ltd, Orissa

    MORE ABOUT GROUP MAGAZINES

    I like the issue and I am keen to know about the othermagazines published by the group and its availability

    on news stand or if there is any kind of subscription

    that I can avail.

    PL Rai, CEO, Rai Group, Hyderabad

    I firstly would say a big thank you for sending me the

    copy of the magazine and look forward for the same

    in the time to come. I liked the way the magazine

    is structured and the stories are presented. In the

    January issue I really enjoyed reading David Lims

    article where he explains about negotiations and

    concessions through simple day to day examples at

    the workplace.

    Atul Joshi,Finance Controller, PVR Chemicals,

    Ahmedabad

    CorrigendumWe regret an error in the CFObook of the January issue of CFOIndia where we wrote about Giri Giridhar and wrongly mentionedhim being elevated to the board of HDFC Standard Life as EDand CFO.

    Thank you!:

    :

    :

    A9.9MEDIAPUBLICATION

    71%Believe their

    current job offerspotential forhigher roles

    19%Are looking for achange of job 25%

    CFOs feel increasingwork load impactsjob effectiveness

    Feel internalbureaucracy stresses

    them the most

    32%

    Of the CFOsare engaged in

    their jobs

    81%

    Feellongterm

    initiativesarebelowaverage

    50%

    15%

    58%Change

    forthebetter

    30%Staythesame

    12%Changefor

    worse

    ExpectationofOrganisations

    Performnce

    CFOPROFILE

    AMLANDATTAMAJUMDAR,CFO,ABB P.26

    ITHINK

    KEKIMISTRY,VC&CEO,HDFC BANK P.10

    ONWHEELS

    TATASAFARISTORMEP.42

    VOLUME04ISSUE0175JANUARY2013

    Feeltheircompensationisaboveaverage

    Happy AreIndias

    CFOs

    How

    128CFOs reveal

    secrets ofwork relatedhappiness andhow they viewtheir jobs

    Decision-making at

    the right levelis a critical

    aspect of topmanagement

    rolesTW& CFOIndia Survey

    The real stresscomes from

    the internal redtapewhich is anembarrassment

    for a CFOSeniorCFOofamanufacturingfirm

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    WHEN YOU RUN THE NUMBERS,DUBAI MEANS BUSINESS.

    [email protected]

    SEE THE FILM AT VISION.AE/VIDEOS/NUMBERS

    EXPO2020DUBAI.AE

    GALLERIES PART

    OF DUBAIS VIBRANT

    ART SCENE

    PEOPLE VISITED

    ART DUBAIIN 2012

    PER CENT OF MIDDLE

    EASTERN ART IS TRADED

    HERE. WELCOME TO THE

    REGIONS ARTISTIC HUB

    54

    22,00070

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    66 C F O I N D I A F E B R U A R Y 2013

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    77F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    FUTURE FINANCE

    LEADERSUNVEILED!

    O

    ne day, as we discussed how critical succession

    planning had become for the continued success of

    any corporation we figured it would be good to ask

    the Chief Financial Officers how they themselves

    viewed succession planning. Then came the Eureka moment:

    why not find out how skilled and capable our future CFOs real-

    ly are? Can we do something constructive that will help India

    Inc find out who the top financial superstars of tomorrow are?

    It was no easy task mind you! The success of the entire pro-

    cess depended on the level of engagement, involvement and

    support our friends in the CFO community gave us.

    After receiving over 300 nominations and we put the list

    through an extensive age, experience, completed-CV and rec-

    ommendation re-check filter before 166 names were short-

    listed. These 166 finance executives were then interviewed

    by at least one and in many case two of the 40 jury members

    all of them leading Indian CFOs and many of them past

    winners of the prestigious CFO100 Roll of Honour. Once the

    interviews were done, shortlisted candidates had to attend at

    least one of the three leadership workshops or the webinar we

    hosted thereafter. A combination of their jury score, participa-

    tion in the workshop and their overall track record were then

    added to arrive at the final score.

    Finally in a glittering ceremony in Mumbai we recognised

    and honoured Indias first CFONEXT100 winners, in the

    presence of several CFOs and eminent guests. We did not

    want this list to remain only with those present on that day.

    So as you turn the pages, you will know who Indias future

    finance superstars are.

    As the Chief Guest for the awards ceremony Vice Chairman

    and MD of HDFC Mr Keki Mistry said: they are not just stars

    of tomorrow. They are stars today!

    CFO India presents the most definitive listyet of Indias top future CFOs,who werenominated by their seniors and peers andfinally, interviewed and judged by the nationsleading CFOs who sat on the jury

    DHIMAN CHATTOPADHYAY

    DESIGN BY ATUL DESHMUKH

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    88 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Charanjit Attra

    Executive Director

    3i Infotech Limited

    Jaimin Bhatt

    President & Group CFO Kotak

    Mahindra Bank Limited

    Giri Giridhar

    President - Finance

    Wockhardt Ltd

    Ravi Gupta

    Senior Vice President - Finance

    Jubilant Food Works (Dominos

    Pizza)

    Sathya Kalyanasundaram

    Finance & Operations DirectorTexas Instruments India Private

    Limited

    Anil Khandelwal

    Director - Finance & Strategy

    L T Foods Limited

    Rajesh Pasari

    Chief Financial Officer

    NetAmbit InfoSource &

    e-Services

    Sugata Sircar

    Managing Director

    Gujarat Gas Company Limited

    Ganapathy Subramaniam

    Chief Financial Officer

    Hathway Cable & Datacom Ltd

    Shailendra Tandon

    Director & CFO, Asia Pacific

    Healthcare Advisors

    EminentJury Members40 of Indias financeleaders who interviewedthe future leaders

    S Varadarajan

    Executive Director -

    Finance - V A Tech Wabag

    Limited

    Badri Sanjeevi

    Chief Financial OfficerPeople Group

    Deepak Harlalka

    Chief Financial Officer

    Raychem RPG Pvt Ltd

    M M Miyajiwala

    Advisor - MD

    Voltas Limited

    Revathy Ashok

    Chief Financial OfficerTSI Ventures

    Vibha Padalkar

    Chief Financial Officer

    HDFC Standard Life Insurance

    Company Ltd

    Devraj Doss

    Chief Financial Officer

    Diageo India Pvt Ltd

    Neeta Revankar

    Chief Financial Officer

    Sasken Communication

    Technologies Limited

    Ajay Seth

    Chief Financial Officer

    Maruti Suzuki India Limited

    Rupa Vora

    Director - Chief Financial

    Officer - Fund Initiatives IDFC

    Robin Banerjee

    Chief Financial Officer

    Bilcare Research

    R D S Bawa

    Chief Financial Officer

    Television Eighteen India Ltd

    Urmil KhuranaRegional Director - Finance

    Starwood Hotels & Resorts

    Pratibha Advani

    Chief Financial Officer

    NIIT Technologies Limited

    Rajesh Magow

    Chief Financial Officer

    MakeMyTrip India Pvt. Ltd.

    Rishi GuptaChief Financial Officer

    & President, Financial

    Information Network &

    Operations Pvt Ltd (FINO)

    S N Mukherjee

    Chief Financial Officer

    IL&FS Engineering &

    Construction Company

    Vardhan Dharkar

    Chief Financial Officer

    KEC International Limited

    Gautam Sen

    Director - Finance

    Rashtriya Chemicals and

    Ferlilisers Limited

    Yogesh Dhingra

    Director - Finance & Chief

    Operating Officer

    Blue Dart Express

    88 C F O I N D I A F E B R U A R Y 2013

    Rostow Ravanan

    Chief Financial Officer

    Mindtree Consulting

    Rajesh Ghonasgi

    Chief Financial Officer

    Komli Media India Pvt Ltd

    Natarajan RanganathanCOO & CFO, Helion Advisors

    Private Limited

    Jatin Kapoor

    Chief Financial Officer

    Phillips Carbon Black

    Aloke Ghosh

    CFO, Mahindra Holidays &

    Resorts India

    Anup VikalGroup CFO and Head IT

    & Strategy, InterGlobe

    Enterprises Limited

    Girish Bhat

    Chief Financial Officer

    Gammon India

    Gopal Mahadevan

    Chief Financial Officer

    Thermax Ltd

    Sujit Sircar

    Chief Financial Officer

    iGATE Global Solutions Ltd

    Sonal Shrivastava

    Chief Financial Officer

    Lafarge India Pvt. Ltd.

    Bhavin Ashar

    Regional Director - Finance

    Perrigo API India Pvt Limited

    COVER STORY

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    99F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Aself-starter whocontinuously strivesfor performance excel-

    lence, Parul believes she

    is focused, resilient and

    influential leader with a

    track record of successfully

    managing and delivering

    Next FinanceSuperstars

    Indias

    An exclusive list of the winners of theCFONext100, these awardees are the next in linefinance leaders. They are all set to shape India Incspowerful future. A look

    Ms Parul Shah

    Head Group Treasury, HCC

    financial solutions includ-

    ing capitalisation and cash

    flow management, merger

    & acquisition activities forover 16 years. A Chartered

    Accountant by profession,

    she has led the team under

    project finance, corporate

    treasury, borrowing and

    investment programme for

    the company. Parul started

    her career with A F Fergu-

    son & Co, then at Albright

    & Wilson co. Ltd and later

    moved to Hindustan Con-

    struction co ltd.

    She believes success is

    just not defined by promo-

    tions, but by the sense of

    fulfillment that you feel

    when a job is accomplished

    well. As a woman, she

    believes the question is

    not of choosing between a

    career and the family, the

    issue is to make sure one

    strikes a desired balance.

    Give me a fishand I eat for a

    day. Teach me tofish and I eat fora lifetime

    Being part of financeleadership team in ITcompany having presence

    in over 20 countries, Rahulhas been instrumental

    in business restructuring

    including transition to

    branch model prevalent in

    IT industry. He has lead

    legal, taxation and financial

    due-diligence along with

    building strategies on busi-

    ness synergies s in various

    strategic and inorganic

    initiative in several geogra-

    phies. He has implemented

    innovative business models,

    accounting policies, hedg-

    ing strategies, global cash

    management policies,

    process automation and

    governance practices to

    address the expectation of

    investor community. He

    has also implemented poli-

    cies for transition of busi-

    ness of the company to its

    self owned and developed

    SEZ with strict compliance

    to government laws.

    Rahul Verma

    General ManagerCorporate Finance, GlobalTax Head, NIIT

    Impossibleis nothing fora man withpositive attitudeand strongdeterminationand unwaveringtrust on God

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    1010 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Nidhish Moghe

    Head - Finance, Bausch &Laumb india

    You cannotbelieve in Goduntil you believe

    in yourself

    After having workedwith companies deal-ing with automotive parts,

    steel, FMCG and healthcare

    sectors for 19 years, and

    handled all streams of

    Corporate Financial Man-

    agement and Reporting

    Nidhish has taken over the

    role of Head Finance for

    Bausch and Lomb India.

    Here he looks after finan-

    cial reporting and controls,process automations and

    outsourcing, tax and SOX

    compliances and business

    partnering areas, which

    involve participating on

    bundling deals, pricing

    agreements and financ-

    ing arrangements for the

    customers. This went a

    long way in strengthening

    company credibility in mar-

    ket. Previously he has alsoworked with Goetze, Shaw

    Wallace, SAIL, Perfetti Van

    Melle and Britannia Indus-

    tries on various Finance

    roles covering Transfer

    Pricing Assessment, SAP

    Implementation, Product

    Costing, Treasury etc.

    Vikas Bajaj

    Aditya Pandey

    Sumit Agarwal

    Mohan Kumar

    Director Finance SharedServices, Finance, Control& Legal Affairs, SchneiderElectric India

    DGM Finance,Bilcare

    VP Finance,Zovi.com

    Finance Controller, DiageoIndia Pvt Ltd

    At Schneider, Vikas isinto the mutualisation/globalisation of finance.

    His role includes setting up

    the global shared services

    for Schneider Electric in

    India with post acquisi-

    tion integration of finance

    functions of acquired

    companies in India. Along

    with this, he is also Finance

    Process Excellence for Asia

    Pacific and manages statu-

    tory and group audits.

    Prior to this, when he was

    at COLT, he was responsi-

    ble for running prestigious

    Company Programs in

    India as COLT Ambassador.

    I

    n his current role, Aditya is

    looking after the MIS, costcontrol and management,

    raising loans for project

    and short term loans and

    treasury. Prior to this, he

    was with DB Corp where

    he was the AGM Finance.

    When he joined DB Group,

    he was assigned to analyse

    the advertisement debt-

    ors after this, for the next

    three months, there was

    extensive touring to almostall the editions. After their

    analysis they came to a

    conclusion that advertise-

    ment needs a policy for bill-

    ing and tecovery. A policy

    was made and introduced

    within a month after set-

    ting department.

    Sumit is a well-roundedfinance professionalwith exposure to non-

    finance roles that include

    strategy, business develop-

    ment and partner rela-

    tions, operations and HR.

    In his current role at Zovi.

    com, Sumit is responsible

    for business finance and

    negotiations, funds and

    cost management, finan-

    cial planning/analysis and

    reporting, legal/regulatory

    compliance and control-

    lership. He has more than

    10 years of diverse experi-

    ence in various functions of

    accounts and consultancy,

    IT & ITES and Mobile/

    E-commerce companies.

    I

    n his current role of a

    Finance Controller, Mohanis handling a gamut of

    finance portfolio including

    order to cash, purchase to

    pay, record to report, finan-

    cial accounting and supply

    chain finance. Before this,

    he was working as Associ-

    ate Director Finance with

    Walt Disney, here he was

    Head - Finance for the

    retail businesses in India.

    At Disney he set up newbusinesses, did drafting

    and implementing SOPs,

    designing IT setup for retail

    business apart from the

    regular finance function.

    Earlier he has been with

    Aditya Birla Retail Ltd and

    Colgate Palmolive India Ltd.

    Rohit Goel

    CA, Texas Instruments,Malaysia

    Believe inyourself andhave faith inyour abilities

    years. He then took up an

    MBA degree followed by abrief stint at Merrill Lynch

    on the Institutional Equities

    Sales Trading desk. After

    Merrill Lynch, he returned

    back to TI India as a Financial

    Planner and was responsible

    for cost forecast and analysis

    for a few business groups

    here. Later after this, he

    moved TI Malaysia on an

    expatriate assignment which

    he is currently working on.

    He is currently responsible

    for operations finance, areas

    covering forecast and analy-

    sis for materials and other

    source costs at TIs manu-

    facturing facility in Kuala

    Lumpur. Along withan MBA,

    Rohit is an Electronics and

    Communication Engineer

    which he has pursued from

    IIT Roorkee.

    Having spent considerableyears with Texas Instru-ments (TI), Rohit first joined

    TI as a Design Engineer and

    worked on semiconductor

    chip design for a couple of

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    1111F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Saurabh Bhala

    General Manager Finance, Godrej AgrovetLtd (GAVL)

    You cannotbelieve in God

    until you believein yourself

    Having been associatedwith Godrej AgrovetLtd since early 2008,

    Saurabh is the Business

    Finance Controller and

    independently handles

    the key business units of

    GAVL. In addition to this,

    he also handles finance

    for their four key group

    companies. Prior to this, he

    was with a pharma major Bristol Myers Squibb India

    Pvt. Ltd. At the pharma

    major, he was the Finance

    Analysis Manager and was

    responsible for long term

    business planning and MIS.

    He started his career as a

    Manager Finance and a

    Company Secretary with

    Johnson Matthey Chemi-

    cals where he was made

    the Finance in Charge.After this stint, he moved

    to the steel giant JSW

    Steel Ltd where his scope

    of work widened, with this,

    he was handling corpo-

    rate accounts.He started

    his career with Johnson

    Matthry Chemicals.

    Vikash Haritwal Shrinivas Kulkarni

    Customer Finance ManagerColgate Palmolive

    Head Business Finance,EMC India

    W

    ith more than seven

    years of experiencein finance and accounts,

    auditing, taxation, receiv-

    able management, MIS,

    commercial operations

    and MIS reporting, Vikash

    is presently working with

    Colgate Palmolive India Ltd.

    Adept at handling day to

    day cash and accounting

    functions in co-ordination

    with internal / external

    departments for smoothfinancial operations. Deft in

    handling SAP implementa-

    tion activities. He has han-

    dled the implementation

    of process enhancement

    measures and improved

    the working efficiency of

    the organisation.

    Saurabh Dharadhar Shailesh Nadkarni

    Head - Accounts andCompliance, MahindraInsurance Brokers

    Deputy General Manager,Thermax

    In his current role at Mahin-dra Insurance Brokers,Saurabh is in charge of the

    accounts, compliance, taxa-

    tion and vigilance functions

    of the company. He is the

    member of the Operating

    Committee of the Financial

    Services Sector - Mahindra

    Group. He has been with

    the company since 2003

    wearing various hats like

    Manager Accounts &

    Compliance, Manager

    Accounts. Prior to this, he

    was associated with Trent

    Ltd where he was incharge

    of finalisation of corporate

    accounts and direct as well

    as indirect taxation.

    Shailesh has been withThermax since 1994. AtThermax he has been over-

    seeing Banking, Foreign

    Exchange Management

    and Investment Manage-

    ment. He has enhanced

    fund based and non fund

    based limits. He has also

    streamlined banking opera-

    tions including Cash Flow

    Management and has been

    instrumental in complet-

    ing rating exercise as per

    BASEL-II requirements.

    He has received LAA+ for

    long term debt and A1+ for

    short term debt and for-

    mulated and implemented

    Foreign Exchange Manage-

    ment Policy.

    S

    hrinivas is an accom-

    plished finance profes-sional with over 16 years

    of diverse work experience

    in the field of finance and

    accounts. He has built

    and developed business

    finance functions to deliver

    results and has an excel-

    lent track record of suc-

    cessful partnership and

    influence at senior levels.

    He has work in varied roles

    such as financial account-ing, planning and analysis,

    Mergers & Acquisitions,

    Revenue and Pricing,

    etc. At EMC India, his char-

    ter is to grow and develop

    a Business Finance Func-

    tion to enable effective

    scaling of India operations.

    As General Manager(Finance) for NIIT Tech-nologies Ltd, Rupesh

    handles the finance and

    accounting function for

    international subsidiaries

    Rupesh Deorah

    GM Finance, NIIT

    Even if youreon the righttrack, youll getrun over if you

    just sit there

    across Europe, APAC and

    USA, engages with busi-ness heads in high-value

    commercial bidding to

    conducting status review of

    big contracts, financial and

    commercial due-diligence

    for inorganic growth

    initiatives and preparing

    blueprints for integration

    to driving automation pro-

    cesses which gives him an

    adrenalin rush. After com-

    pleting his CPA from US,

    he joined PricewaterHouse

    Coopers. At PwC, he was a

    key team member in large

    US GAAP and IFRS conver-

    sion assignments across

    industry segments. Later at

    Nicholas Piramal India Ltd,

    he handled the Finance and

    Accounting function and

    was responsible to prepare

    the company for US listing.

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    1212 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Surajit Chakrabarty

    CFO, RED BUSinesses

    Sometimeslife knocks youon your ass...get up, getup, get up!!!Happinessis not theabsence ofproblems, itis the abilityto deal withthem

    With a finance expe-

    rience of over 14odd years in almost all

    areas of corporate finance,

    Surajit has worked in

    diversified sectors such as

    E-Commerce, Information

    Technology, Advertising,

    Manufacturing (Chemicals).

    He is presently heading

    Finance and Corporate

    Affairs at Pilani Soft Labs

    Pvt. Ltd. (redBus.in) which

    is the largest bus ticketing

    companies. Here he leads

    the entire gamut of finance

    function including setting

    up of a sound enterprise

    wide operating procedures

    and processes, finalisation

    of accounts, budgeting,

    MIS, taxation etc. Prior to

    this, he has been associ-

    ated with the Rediffusion

    Group for eight years.

    Amit Jain

    Aditya Khanna

    Rajesh Nanivadekar

    Ajay Patel

    Head Finance & Planning Birla Sun Life InsuranceCompany

    Associate,Avendus Capital

    Finance Controller,Perrigo

    Senior Manager Accounts,Mahindra & Mahindra

    In his current role, Amitmanages accounts andfinancial control, financial

    planning and analysis,

    business analytics and

    market intelligence, inves-

    tor relations, investment

    operations and procure-

    ment. Prior to this, he has

    worked with IDBI Federal

    Life Insurance Company,

    Pulsar Knowledge Centre,

    Max India Ltd and CARE

    amongst others. At his stint

    with CARE, he worked as a

    Senior Rating Analyst and

    along with it was respon-

    sible for evaluation of all

    types of debt instruments

    and related obligations.

    I

    n his current role at

    Avendus Capital, Adityaidentifies contacts and

    establishes relationship

    with entrepreneurs and

    potential strategic/financial

    investors. He is also into

    liaison to the manage-

    ment of companies and

    responsible for creating

    pitch books / information

    memorandums. Along

    with being responsible for

    creating detailed financialmodels for strategic and

    financial investors, he

    advises companies on LOI

    preparation, due diligence

    and transaction structur-

    ing. Prior to this, he has

    been with Ernst and Young

    and Evalueseve.

    With more than 14years of experience,Rajesh has been with Per-

    rigo since late 2010. Here

    he looks after the day-to-

    day accounting activities,

    month end closing, report-

    ing and MIS, Internal &

    External Audit, Direct &

    Indirect taxation and Inter-

    national Accounting. He

    began his career with M/s.

    A. J. Shah & Co. where he

    was introduced to capi-

    tal markets and broking

    houses. He then moved

    on to join M/s. UTI Securi-

    ties Limited and M/s. Man

    Financial Sify Securities

    Limited which took him to

    the accounting profession.

    A

    t Mahindra & Mahin-

    dra, Ajay handles theentire responsibility of

    plant accounts and cost-

    ing. He changed leader

    for SAP migration (Single

    Server) for Auto Sector

    and also played lead role in

    SAP Changes for Revised

    Schedule. He also has

    been involved in cash flow

    management, plant bud-

    geting and controlling and

    the co-ordination of vari-ous audits be it statutory,

    internal or tax audit. Prior

    to working with M&M, he

    has worked with CA firms

    wheere he was introduced

    to taxation, audit and

    Company Law amongst

    many others.

    Abhishek Agarwala

    Financial Controller,Wockhardt

    Take a simpleview of life, keepyour eyes open

    and get on withit

    & Opex management,

    Investor Relations- Corpo-

    rate and other duties. He

    has had an opportunity

    to work with two telecom

    giants namely Vodafoneand Idea Cellular. Cur-

    rently he is associated with

    Wockhardt Ltd where he

    is the Financial Controller-

    Domestic & Emerging Mar-

    kets. Here he is responsible

    for entire finance function

    of the business and also is a

    part of the Corporate Inves-

    tor relations team and has

    a lot to do with the Cor-

    porate Finance function.Before becoming the Finan-

    cial Controller at Wock-

    hardt, he was working as

    the Global Head- FP&A for

    Wockhardt Limited. Besides

    this, Abhishek also enjoys

    analysis numbers in differ-

    ent way numerology.

    Having worked onvarious assignments,Abhishek has performed

    the role of a Financial Con-

    troller, Global Head- FP&A,

    Vertical Head- Capex

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    1313F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Dinesh is Senior Man-ager (Finance) at MarutiSuzuki India Limited with

    an overall experience of

    11 years in different areas

    of finance. He has worked

    extensively in the Treasury

    & Forex functions at Maruti

    Suzuki for more than eightyears and is currently

    involved in the Income Tax

    and Transfer Pricing compli-

    ances of the company. He

    is also a member of impor-

    tant cross-functional teams

    within the company contrib-

    uting to new business proj-

    ects and HR initiatives. Prior

    to this company, he was

    associated with Pricewa-

    terhouseCoopers as Senior

    associate in their Global Risk

    Management Solutions divi-

    sion, undertaking internal

    audit assignments for differ-

    ent clients. He has attended

    several national and inter-

    national training programs

    and has an expertise

    in IFRS, Transfer Pricing,

    Treasury Management and

    Financial Markets.

    Dinesh Gandhi

    Senior Manager Finance,Maruti Suzuki India Ltd

    Excellence isnot a skill, it is anattitude

    Anupam Jain Amit Seth

    VP Finance,Kraft Foods India

    DGM Accounts andFinance, Gammon India

    I

    n his current role, at Kraft

    Foods, Anupam man-ages financial analysis,

    strategic planning and

    commercial operations for

    India, Vietnam and export

    markets. Prior to Kraft, he

    has worked with Standard

    Chartered Bank in Dubai

    where he was involved

    managing business plan-

    ning, cost and investment

    decisions, while laying out

    strategic glide path forconsumer banking business

    in Middle East, South Asia

    and Africa. Prior to this, he

    has spent a considerable

    amount of time with P&G

    at various levels in India,

    Singapore and Thailand for

    over seven years.

    Arvind Talan Dinesh Prajapati

    Deputy Manager Financeand Accounts, Mahindraand Mahindra Ltd

    Vice President Treasuryand Corporate Affairs -Mahindra & MahindraFinancial Services Ltd

    Currently heading theconstruction equip-ment business since August

    2012, he used to head the

    agri business for four years

    before this. Arvind handles

    the annual arrangement

    of fund / non funded

    based working capital and

    demergers. He implement-

    ed IFRS and XBRL. In this

    role he has also assisted

    business cases for several

    business and marketing

    arrangements and negotia-

    tions for cost savings with

    various vendors. Prior to

    that, he spent nine years

    with Indian Farmers Fertil-

    iser Cooperative Limited.

    Prior to joining M&MFSL,Dinesh worked as anAuditor in steel com-

    pany. Joined M&MFSL

    in 1995 and is amongst

    the first few employees

    who helped the set up of

    operations. He has over

    16 years of experience

    in accounting, treasury,

    MIS and budgeting, sys-

    tem implementation and

    functional specification,

    Risk Management, project

    implementation functions.

    He is currently heading the

    Treasury function, Investor

    Relationship Cell and Risk

    Management team.

    A

    t Gammon India,

    Amit is responsiblefor financial due diligence

    at the time of taking over

    of business for company,

    reviewing and working on

    improvement of working

    capital management of

    projects. Along with this,

    he is also into reviewing

    of the financial statement,

    analysing cost for projects,

    dealing with bankers and

    preparation of financialstatement amongst other

    responsibilities. Prior to

    this, he has worked with

    various firms and handled

    several accounts like Hin-

    dustan Lever, Sandoz Pri-

    vate Ltd and a few promi-

    nent ones.

    Currently positionedas the Vice PresidentFinance and Tax with TCS

    e-Serve Ltd with additional

    charge as Treasurer for its

    100 per cent subsidiary

    Deepak Kamath

    Vice President Financeand Tax, TCS e-Serve Ltd

    Winners dontdo differentthings but

    do thingsdifferently

    TCS eServe International

    Ltd, Deepak is responsible

    for financial accounting,

    reporting and control, Trea-

    sury Management, Taxa-

    tion Planning and Manage-ment, business strategy

    support and profitability

    analysis etc. When he start-

    ed off, he started his career

    with CFL Pharmaceuticals

    Limited and then joined

    Hoechst Marion Roussel

    which is now known as

    Sanofi India Limited. Here

    he was the Senior Executive

    for Production Account-

    ing. During the formationof Aventis Pharma Limited,

    he was promoted as Site

    Finance Controller for the

    Goa operations. In January

    2006, Deepak joined Ciba

    India Limited and in March

    2007 took over as India

    Finance Controller.

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    1414 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Ravi Kannan

    Finance Director,Heidelberg India

    Winners dontdo differentthings. They

    do thingsdifferently

    Aprofessional Charteredand Cost Accountant,Ravi has over twenty years

    of experience in finance,

    accounts, operations and

    management. He is cur-

    rently associated with Hei-

    delberg India, as a Finance

    Director. His role involves

    strategic business plan-

    ning and development and

    financial services includingraising funds for customers

    through finance partners,

    project appraisals and deal

    negotiations for customer

    financing, controllership

    and MIS. His expertise lies

    in Strategic and Tactical

    Financial Planning, P&L

    Management / Budget-

    ing, bank negotiations and

    Relationship Management,

    profitability and productiv-ity improvements, systems

    and process develop-

    ment, among others. Ravi

    has worked for various

    industries like consumer

    durables, process industry,

    light engineering and print-

    ing solutions.

    Gautam Tarkunde Joydeep Chatterjee

    Head Strategy andPlanning InterGlobeEnterprises

    Corporate Controller Finance, SRF Ltd

    As a Strategy andPlanning Head at

    InterGlobe, Gautam is

    responsible for formulat-

    ing the Groups strategic

    roadmap and work closely

    with portfolio companies

    through their life cycle to

    develop and implement

    their strategy through port-

    folio restructuring plans like

    M&A, divestment, JV for-

    mation and new businessincubation. Prior to this, he

    has o worked with Bharti

    Airtel here he conceptu-

    alised and created a road

    map for the Finance Centre

    for Shared Services, an ini-

    tiative for restructuring the

    finance function.

    W

    ith more than 19

    years of experience,Joydeep is currently the

    Corporate Controller-

    Finance in SRF Ltd.

    He also is the Head of Inter-

    nal Audit portfolio. Prior

    to this, he was the CFO

    of Medica Superspeciality

    Hospitals Pvt Ltd. Also he

    was the CFO and the Head

    of Distribution of the News

    Broadcasting Company

    Business of the ABP Group.He had joined ABP Group

    in Calcutta as a Manage-

    ment Trainee and over a

    career spanning 13 years

    with the Group, across its

    Print, Radio and Electronic

    media businesses, held

    leadership positions.

    V. Suryanarayanan Ranjit Nair

    Senior Vice President &Global Head of BusinessFinance & Tax, Mphasis Ltd

    Head Finance,Company Secretary, AditiTechnologies

    At Mphasis, which is abillion dollar IT servicescompany, Suryanaraynan

    handles budgeting, fore-

    casting, FP& A for the com-

    pany including the investor

    relations. He also manages

    the global pricing for all

    deals, global direct and indi-

    rect tax for the company.

    With more than 25 years of

    experience, he started his

    career with Escorts as EA

    to the MD and also worked

    in SANMAR Group. Before

    Mphasis, he was VP & CFO

    for AIG captive in India.

    Before AIG he was the VP&

    CFO for the captive of Deut-

    che Bank.

    In his current role at AditiTechnologies, Ranjit man-ages all financial commer-

    cial and secretarial func-

    tions across all its global

    locations. Ranjit has over 15

    years of experience in Cor-

    porate Finance with strate-

    gic and operational roles.

    Ranjit had served as the

    Head FP&A of IntelliGroup

    Inc. where he played a piv-

    otal role in the operational

    turnaround of the organisa-

    tion. He coordinated the

    due diligence process that

    led to NTT Data acquisition

    of Intelligroup. At NTT-

    DATA, Ranjit served as the

    Sr. Director FP&A.

    With a post qualifica-tion experience of 16years, Gurvinder is a part

    Gurvinder Gandhi

    General Manager -Accounts & Finance,

    Mitsubishi Electric India

    Lets not chasethe rainbow; ifwe want to runwith big guys, weneed to get outoff the porch

    of Mitsubishi Group that

    manufactures contempo-rary electrical and elec-

    tronic products, air con-

    ditioning systems, power

    amd energy systems,

    automotive equipment,

    building systems, semi con-

    ductor and devises, space

    systems, transportation

    systems, public systems,

    factory automation sys-

    tems, etc. At Mitsubishi,

    he handles M&As, transac-

    tions, implemented SAP

    system, managed of trea-

    sury and foreign exchange

    risk, international taxation,

    financial planning, analy-

    sis and Global Reporting,

    establishment of Corporate

    Governance practices. Prior

    to this, he was with Canon

    India Pvt Ltd, as Head of

    Accounting and Finance.

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    1515F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Jagannathan Chakravarthi

    Finance Controller,MindTree Ltd

    Deivathalaagathueninum

    muyarchimeivaruthacoolie tharumin Tamil meanseven if godgrace is notsupporting ushard work willhelp us to win

    With over 15 yearsof finance andaccounting experience in

    the manufacturing, IT ser-

    vices and telecom industry.

    He started his career as aSenior Internal Auditor with

    Ashok Leyland. At Mind-

    tree, Jagannathan handles

    financial reporting, taxa-

    tion, business planning and

    all accounting processes.

    At Bharti Airtel, he was into

    business planning, pricing,

    new product performance,

    cost efficiency, financial

    reporting and all account-

    ing process for TN andChennai circle. While he

    was with HCL from 2002

    2006, he was into business

    planning, project profitabil-

    ity and revenue monitoring

    for the insurance vertical

    and financial reporting and

    all accounting processes.

    Having worked for overeight years, Aakarshanstarted his career in the

    US with General Electric as

    financial analyst respon-

    sible for profitability of

    one of the key accounts.

    His financial model helpedrenew the contract for five

    years. After working for a

    year he took a transfer with

    GE Money in India as FP&A

    Manager. He was instru-

    mental in implementing

    automated financial models

    for corporate reporting,

    vendor management and

    increasing productivity.

    After a four year stint with

    GE, Aakarshan joined

    HSBC-London as Opera-

    tional Risk & SOX Manager

    where he was responsible

    for adherence to Opera-

    tional Risk Framework and

    SOX requirements by the

    HSBC businesses across all

    countries in Europe and

    support the European Con-

    trol team for Operational

    Risk Management.

    Aakarshan Mookim

    Country General Manager,Agilent

    Be a chess-player instead ofbeing a chess-piece

    Vaishali Rajadhyaksha Mustafa Ali

    Financial Controller - WillisProcessing Services (India)Private Ltd

    Group Head & Sr VP RM&A, Indosat

    AChartered Accoun-tant with more than

    16 years of experience in

    finance and operations

    management, Vaishali has

    an experience in streamlin-

    ing business operations to

    drive growth and increase

    efficiency and profit along

    with a strong aptitude in

    developing and implement-

    ing financial controls. In her

    role, she has been respon-sible for financial compli-

    ance, best practices and

    controllership initiatives.

    Also, she has also repre-

    sented the organisation for

    various Direct Tax, Transfer

    Pricing and Indirect Tax

    matters till Tribunal level.

    Nitesh Bhandari Aveek Sinha

    Financial Controller,Gujarat Gas CompanyLimited

    Finance Director, JonesLang LaSalle

    In his current role as aFinance Controller ofGujarat Gas Company

    Limited, Nitesh looks after

    the finance and accounts,

    customer billing, planning,

    budgeting and forecasting,

    tax (both direct and indi-

    rect), treasury, insurance

    and financial feasibilities.

    Prior to working with Guja-

    rat Gas Company where

    he has been working since

    2002, he has worked for

    GlaxoSmithKline Phar-

    maceuticals as Assistant

    Manager - Finance from

    1998 to 2002. As a life

    philosophy, he believes in

    celebrating life.

    Along with beingthe Finance Direc-tor, Aveek also heads the

    finance team of JLL in

    Bangalore. In 14 years of

    his career, he has worked

    in the field of commercial

    finance, financial planning

    and analysis, manufactur-

    ing finance and audit. He

    started his career with

    Exide Industries Limited in

    the Internal Audit division

    and then moved to GE

    (General Electric Health-

    care vertical) where he

    spent nine years in various

    roles across business verti-

    cals, manufacturing opera-

    tions, financial planning

    and analysis.

    M

    ustafa in his current

    role at Indosat, han-dles revenue management

    and operations, revenue

    assurance, billing, credit

    and risk, credit control,

    fraud and exposure man-

    agement, program man-

    agement. Prior to this he

    has worked with MTS India

    where he was the Director

    Finance and Commercial .

    He has spent a considerable

    amount of time with COLTTechnology Services where

    he served as the Associate

    Director& Head of Billing,

    Revenue Services & Pro-

    gram Management. He has

    also worked with Tata Tele-

    services, Bharti Airtel, HFCL

    and Coopers & Lybrand.

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    1616 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Anil Jain

    Vice President Finance,Tata Teleservices

    Perfection isnot attainablebut if we chase

    perfectionwe can catchexcellence

    ACommerce graduatefrom Lucknow Univer-sity (1977) and a Chartered

    Accountant, Anil has been

    been in professional prac-

    tice for almost five years.

    After this, his first industry

    job was with Modi Cham-

    pion as an Accounts Offi-

    cer. Then he was with Sona

    Steering Systems , CeatTyres and then moved to

    the telecom sector and

    worked with Escotel, RPG

    Cellcom (Chief Manager)

    and Spectranet (GM). Anil

    has been with Tata Tele-

    services since 2001 as a Sr

    Manager and then moved

    up and as the Vice Presi-

    dent Finance. During his

    25 years experience, he has

    handled core accounting,finance, Shared Services

    operations, Revenue Assur-

    ance and various significant

    special projects. At Tata

    Teleservices, his responsi-

    bilities include Special Proj-

    ect on Automation through

    SAP and Internal Audit.

    Atul Tandon

    Ritu Gupta

    Sonali Gupta

    Shweta Agrawal

    Finance Controller,AstraZeneca

    Sr Manager Finance andHOG- Strategic FinanceTATA Power DelhiDistribution Limited

    Head CompanyControlling and SharedService Center, EricssonIndia Pvt Ltd

    Senior Vice President, IDFCAlternatives Limited

    With over 13 years ofwork experience,in his current role, Atul

    manages managing alli-

    ance relationship from

    the finance perspective,

    planning and the decision

    support for the business

    units in India.Prior to this

    he has worked with Aditya

    Birla Group and later with

    ITC Ltd., in the areas of

    Internal Audit, Unit Com-

    mercial Finance and usiness

    Finance. During his stint at

    ITC, Atul has been closely

    associated with roll out and

    ramp up of the e-choup-

    al model and was respon-

    sible for inter-division rela-

    tionship management.

    Being associated with thecompany for ten yearsnow, Ritu had joined the

    company after completing

    her CA in 2002. At Tata

    Power Delhi Distribution,she

    has had exposure to various

    areas like treasury, revenue,

    finance and accounts, bud-

    geting, and cost control

    among others. In her new

    role as HOG- StrategicFinance, she will handle

    the regulatory and financial

    growth aspects of

    the organisation. In the

    future, her strategy would

    be to reduce the gap and

    create a win-win situation

    for all stakeholders.

    In her current role atEricsson India, Sonalihandles internal as well as

    corporate audit, statutory

    audit, GL Variances for

    all balance-sheet related

    accounts, integration of

    business with other units

    and budgets and monitor-

    ing. In addition to this, she

    is also responsible for the

    Sourcing Service Delivery

    function in Region India

    and Sri Lanka. Prior to this,

    she has also worked with

    American Express India and

    PwC on various assign-

    ments for a total period of

    almost seven years.

    A

    fter spending over

    13 years of experi-ence, Shweta manages all

    aspects of finance, audit

    and compliance. Currently,

    Shweta is working with

    IDFC Alternatives where

    her responsibilities involve

    effectively managing

    finance, accounts, audit,

    compliance, investor rela-

    tions for the company.

    She has been proactively

    involved in additionalfunctions such as imple-

    mentation of ERP system,

    tax planning and manage-

    ment and risk manage-

    ment. In the past she has

    also worked with Voyager

    Investments and the Edel-

    weiss Group.

    Salil Ravindran

    Associate Vice-President,M&A and Corporate

    Finance, iGATE

    A ship is safein harbor, butthats not whatships are buildfor

    for M&A, corporate report-

    ing and business financemanagement globally. Salil

    is a Chartered Accountant

    with 15 years of well-

    rounded experience in

    Accounting & Finance (US

    GAAP and Indian GAAP),

    Tax (US and India), SOX,

    Investor Relations (both

    US & India), Mergers &

    Acquisitions, Budgeting

    and planning functions in

    leading companies across

    industries. He played a key

    role in the largest leveraged

    buyout in the IT industry

    that of Patni Computer

    Systems Ltd by iGATE Corp.

    He has also set up the

    Investor Relations function

    for iGATE in the US. Prior to

    iGATE, Salil has worked for

    Infosys, Reliance Communi-

    cations and Vedanta.

    Currently heading Merg-ers & Acquisitionsand Corporate Finance at

    iGATE, Salil is responsible

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    1717F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Jyoti Sanduja

    Assistant Vice President,Genpact

    The thingalways happensthat you really

    believe in & thebelief in thething makes ithappen

    Vice President with Gen-

    pact as Finance lead for

    the Insurance & Financial

    Services unit. Prior to this,

    Jyoti was the FP&A lead for

    compensation and ben-efits for Genpact globally

    in addition to preparation

    of financial accounts for

    Board and Investors review,

    , ensuring service delivery

    along with controllership,

    financial discipline on clos-

    ing and reporting and driv-

    ing productivity and cost

    efficiency by continuous

    monitoring and improving

    profitability. In the past shehas worked with CITI Finan-

    cials where she looked after

    portfolio analysis, policy

    decision making, reducing

    deleinquencies by imple-

    menting credit and risk

    tools in addition to under-

    writing mortgage loans.

    Manoj comes witha 25 year old richexperience with the lead-

    ing industrial houses in

    diverse segments like RPG

    Group, Anand Group,Escorts Group (Escotel

    Mobile Communication

    Limited),Subros Limited,

    Super Cassettes Industries

    Limited(T-Series Group). He

    is currently associated with

    Jaypee Group as an Addi-

    tional General Manager-

    Finance & Accounts with

    Jaypee Sports International

    Limited and the company

    owns Buddh International

    Circuit at Greater Noida,

    one of the best Formula

    1 racing circuit in the

    world. In his current role,

    he is heading the finance

    and accounts function of

    sports operations at Jay-

    pee Sports International

    Limited as well as Real

    Estate Sports City, Jaip-

    rakash Associates Limited.

    Manoj Dembla

    Additional GeneralManager Finance and

    Accounts, Jaypee Group

    Winners dontdo differentthings, theydo thingsdifferently

    Vartul Jain Prashant Khanchandani

    Head of Strategy &Planning (HME), SamsungIndia Electronics

    Deputy General Manager Treasury with Mahindraand Mahindra FinancialServices Limited

    In his current role, VartuIpartners with the busi-

    ness head and staff to drive

    operating performance and

    act as champion for stra-

    tegic initiatives. He is into

    driving profitable growth

    by analysis of results and

    key metrics while advis-

    ing the business head on

    risks and opportunities,

    as well as recommending

    actions. This role serves asa business partner to the

    operating team to drive

    and support business ini-

    tiatives, growth, business

    strategy, and profitability.

    Prior to this he has worked

    with Wipro GE Healthcare

    and GE International.

    Divya Singhania Siddharth Khaitan

    Regional Chief Accountant- South Asia, J. C. PenneyPurchasing Corporation

    Head - Decision Supportand Planning, Bharti Airtel

    In her current role, Divya isresponsible for all verticalsof finance and accounting

    for the South Asia region.

    As an integral part of her

    role, her major responsi-

    bility is the development

    and maintenance of an

    appropriate financial envi-

    ronment around key opera-

    tions through implementa-

    tion of systems, procedures

    and controls that are in

    compliance with the overall

    group policies and minimise

    financial and commercial

    risk. Prior to this, she has

    been with BBC World India

    Pvt Ltd, American Express

    among other names.

    With over 14 years ofwork experience,Siddharth is currently head-

    ing the Decision Support

    and Planning vertical across

    India and South Asia for

    Bharti Airtel, Consumer

    Business. During his stint

    with Bharti Airtel, he has

    handled multiple roles

    during his long stint with

    Airtel. He was the Head

    - Finance for Delhi circle,

    Regional Controller for

    Western Region and has

    also had an international

    stint as the CFO for a tele-

    com venture based out of

    Channel Islands, UK. His

    previous stint has been

    with Tata Steel.

    In a career spanning over10 years, he has handledvarious assignments includ-

    ing Treasury & Corporate

    Finance, Financial Control

    and Risk Management.

    Prashant specialises in Bank

    Finance and Structured

    Finance space. Prashant is

    an MBA (Finance and Strat-

    egy) from the Indian School

    of Business, Hyderabad, aCA from the Institute of

    Chartered Accountants of

    India. Prior to his stint with

    Mahindra and Mahindra

    Financial Services Ltd, he

    was associated with Tata

    Motors Finance Limited in

    the past.

    AChartered Accountantwith over 14 years ofexperience, Jyoti is cur-

    rently working as Assistant

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    1818 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Khushru Sidhwa

    Senior Vice President Audit, Risk Management& Compliance, HDFCStandard Life Insurance

    Motivation

    gets youstarted, Habitkeeps youwinning,Attitude decidesyour paceand, Valuesdecide yourdestination

    With 17 years of expe-rience in the financialservices industry, Khushru

    joined HDFC Standard Life

    Insurance. Since then, he

    has been active in strength-ening the audit function,

    introducing new facets

    of risk management and

    driving distinct compliance

    initiatives. Along with this,

    executing internal audits,

    identifying and monitoring

    key risks, IRDA compliance

    etc form part of Khushrus

    core work portfolio. Prior

    to this, Khushru was Direc-

    tor Audit & Risk ControlReview at Fullerton India

    Credit Company, where

    he set up the Audit and

    Risk Review verticals and

    was part of the leadership

    team.His previous experi-

    ence also includes stints at

    Deloitte and Ernst & Young.

    Francis Vidhayathil

    Tushar Kotecha

    Rahul Kedia

    Phaneendra Burli

    VP Finance, Core Education& Technologies Ltd

    Head Accounts &Taxation, Birla Sun LifeInsurance Co. Ltd.

    Finance Controller,Nivea India

    VP - Finance & CFO,Member - Founding Team,Fashionara Enterprises

    With over 15 years ofexperience in thefinance sector, Francis is

    currently managing project

    financing, investor relations

    and fund raising at Core

    Education & Technologies

    Ltd. Prior to Core, he was

    working as a Senior Man-

    ager with Capgemini India

    where he was involved in

    implementing an effective

    offshoring strategy for cost

    efficiencies and also played

    the role of a Controller for

    outsourcing services from

    India. He has also worked

    with Tech Mahindra and

    Mahindra and Mahindra

    for almost eight years in his

    total work experience.

    With over 14 yearsof experience in

    corporate finance, Tushar

    has been associated with

    Birla Sun Life Insurance for

    over four years now. He

    has worked with various

    sectors like construction, IT,

    financial services and com-

    panies like Hindustan Con-

    struction Co. Ltd. (HCC),

    Accenture, WNS Global

    Services Ltd. His work areasinclude Financial Reporting,

    Financial Processes, Statu-

    tory compliance, corporate

    direct and indirect tax,

    International Tax, Transfer

    Pricing Policies, Financial

    Controls, Tax Planning and

    Structuring amongst others.

    At Nivea, Rahul is intoanalysing existingsystems and procedures,

    designing internal controls,

    tax compliance, revenue

    generation and other

    activities. At Novartis, he

    prepared and monitored

    the budget for India, imple-

    mented the internal control

    system (based on SOX) and

    stated the MIS dashboard

    agents across India. At Tata

    Steel where he worked as

    a Manager for Finance and

    Taxation and was involved

    in Cross Border Merger and

    acquisition, finalisation of

    accounts, capital planning

    and evaluation of CAPEX

    proposals to reduce ETR.

    After handling financialoperations for over

    17 years in the engineer-

    ing, consumer durables,

    FMCG, retail, apparel and

    e-commerce industry, Phan-

    nendra is currently the CFO

    and VP Finance of Fash-

    ionara Enterprises. As a part

    of founding team, he was

    involved in company forma-

    tion, ensured compliance

    to all statutory and regula-tory requirements. He has

    worked on finalisation of

    accounts as per I/US GAAP,

    company incorporation,

    treasury operations, statu-

    tory compliance/licenses,

    financial planning and

    analysis amongst others.

    Rupesh Acaharya

    Director Finance, IDFC

    If we wontthink aboutfuturegenerations,they will neverforget us

    not only preparation and

    audit of the Accounts butalso direct and indirect

    taxation across all business

    segments. Additionally

    he also holds the control-

    lership role in expense

    management area and is

    responsible for the MIS,

    budgeting and business

    planning of the company.

    He has a 16 year experi-

    ence spread across manu-

    facturing, IT and financial

    services. He has worked for

    NOCIL, Patni Computers

    Ltd and ICICI Securities Ltd

    amongst others. Here he

    was associated with the

    setting up and managing

    of teams across financial

    accounting, Cash Manage-

    ment, budgeting, MIS,

    management accounting

    and taxation areas.

    Having been associatedwith IDFC since 2008,Rupesh is currently heading

    finance and accounts func-

    tion. His role encompasses

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    1919F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Giridhar Chitlangia

    Senior Vice President,Aditya Birla Retail Ltd

    If you havechoices, thenchoose the best,

    if not then dothe best

    tor combined with strong

    relationship management

    skills. A keen analyst with

    exceptional abilities in liais-

    ing with banks, financial

    institutions and otherexternal agencies; he has

    the capability of laying

    the strategic road map for

    the business and bringing

    in the requisite processes

    and resources to ensure

    the attainment of business

    objectives. A Chartered

    Accountant with over 19

    years of post qualification

    experience in the areas

    Commercial & Finance,Strategy & Planning, Risk

    Management, financial

    reporting, treasury, cost-

    ing, taxation, cost control,

    Legal & Compliance etc. He

    is currently the Head

    Finance & Commercial for

    the supermarkets business.

    GBS Naidu Peeyush Jain

    General Manager F&A Aster Private Ltd

    Deputy General Manager,Accounts & Direct Taxation,FAG Bearing India

    A

    t Aster, Naidu handles

    finalisation of busi-ness unit accounts includ-

    ing audit, project costing,

    working capital manage-

    ment, systems develop-

    ment/improvement, MIS

    reports, budgeting, annual

    business plan, cash flows

    and taxation matters. He

    has over 21 years of experi-

    ence in manufacturing,

    power infrastructure and

    green field projects. Hehas handled finalisation of

    accounts, audit, taxation,

    raised funds for working

    capital/term loans, liasion-

    ing with banks, treasury

    management, corporate

    debt restructuring and sec-

    retarial matters.

    Gulshan Dhingra V Narayanan Iyer

    Sr Manager Finance, M/SYKK India Pvt Ltd

    Senior Director Finance,IDFC

    Afinance professionalwith over 20 yearsof experience in Costing,

    Accounting, indirect and

    direct taxation, Purchase

    and Stores Finanace & Taxa-

    tion, Gulshan in his current

    role looks after finalixation

    of accounts in compliance

    with the local accounting

    standards and US GAAP.

    He has worked with World

    Tax Ltd where he handled

    insurance, Sales Tax regula-

    tion and legal formalities.

    In his stint with Vardhaman

    Spinning, he established a

    complete costing system

    for the weaving mills and

    helping the management in

    the decision making.

    With 18 years of expe-rience in diverse firms Stock Exchange, Foreign

    Bank and NBFCs, that have

    witnessed high growth and

    rapid technology deploy-

    ment across business

    areas. Naraynan has been a

    financial controller for the

    last ten years and has had

    an opportunity of working

    across Fixed Income and

    Treasury Business, capital

    markets, corporate lending,

    retail and transaction bank-

    ing, asset management,

    BPOs & KPOs. At IDFC, he

    successfully navigated both

    the financial control and

    operations space in the last

    three years.

    With over 13 years ofexperience, Peeyush

    is currently with FAG Bear-

    ing India Ltd which is a

    part of the German MNC

    Schaeffler Group. In his

    current role, he handles

    general plant accounting,

    accounts closing, accounts

    business process, audit

    and direct taxation. He has

    been with Caparo Engi-

    neering India Pvt Ltd fora year, Parag Copigraph,

    Pinnacle Industries, Indo

    Micronutrients in the past.

    During his tenure he has

    also designed and imple-

    mented systems to ensure

    smooth functioning of

    accounting operations.

    Giridhar is a strategicplanner possessing theability to understand busi-

    ness dynamics and provide

    solutions for the same.

    He is an astute negotia-

    From a managementtrainee at ABB in 1994to Vice President Corporate

    Tushar Shroff

    VP Corporate Finance,Zydus Cadilla

    I do not have towin every medalto be successful,but my work tostrive the successwill make mesuccessful

    Finance at Cadila, Tushars

    journey for last 18 yearsin the field of the finance

    profession has been very

    exciting and challeng-

    ing. His career with ABB

    for nine years gave him a

    strong platform to under-

    stand and work through

    the systems and processes,

    with the responsibility of

    managing the business

    with the business head, as

    a business and finance con-

    troller. At Piramal Health-

    care he bagged an oppor-

    tunity to strive some of

    M&A deals for its domestic

    formulation and contract

    manufacturing business. At

    Cadila Healthcare Ltd,in his

    current role, he is primar-

    ily responsible for group

    treasury and international

    transfer pricing.

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    2020 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Ajay Pai

    Dibendu Das

    Finance Manager, Cadbury

    Asst Vice President - Financein IL&FS Environmental

    Infrastructure & Services Ltd

    All our dreamscan come true,if we have thecourage to

    pursue them

    Where thereis will there is asway

    Europe during his career.

    He is currently working

    as Finance Manager with

    Cadbury where he provides

    finance support to the

    integrated supply chainand capacity expansion

    business verticals. He is in

    chrage for operational bud-

    geting, cost management,

    capital investment decisions

    and management report-

    ing. Prior to Cadbury, Ajay

    has worked with Deloitte

    and PwC. During this, he

    handled consulting and

    assurance assignments for

    consumer goods, pharma-ceutical and financial ser-

    vice industry. He believes

    that being successful in life

    should be a mix of personal

    and professional achieve-

    ments. Also, he would like

    to contribute to education

    and poverty alleviation.

    Waste Management arm

    of IL&FS. Here he overlooksthe finance and accounts

    department. He has been

    with IL&FS since 2007,

    since then he has taken

    charge of the accounting

    and control function, direct

    and indirect taxation, MIS

    budget and costing, finan-

    cial projections of existing

    and future projects and

    handling banking relations

    and insurance. Prior to this,

    he has worked with SAIL

    for more than 12 years at

    its factory location, corpo-

    rate office and ,arketing

    office. During the tenure

    in SAIL overlooked vari-

    ous functions like Costing,

    Budgeting, Accounting and

    Excise. Prior to SAIL worked

    as Management Trainee

    with BEML for one year.

    Ravi Anantharamiah V Arulmozhi

    Controller GE Healthcare,South Asia

    Deputy General Manager Group Corporate (Global),VA Tech Wabag

    A

    fter beginning his

    career with Tata Steelat Jamshedpur in 1992 in

    the steel costing division,

    Ravi served Motorola in its

    paging service operations

    as its Commercial Finance

    Manager. In 2000, he took

    up the role of Finance Head

    for Tyco Fire & Security India

    where he was involved with

    acquisitions and setting up

    of new businesses. In 2004

    he joined GE Healthcareat its Global Supply Chain

    entity as Controller and

    later as its CFO. In 2008

    he took up the current

    role of where he has been

    responsible for building the

    controllership organisation

    for healthcare in India.

    Having spent overseven years at VA

    Tech Wabag, Arulmozhi

    is involved in the direct

    and coordinate business

    units financial planning

    and budget management

    functions. He recommends

    benchmarks for measuring

    the financial and operating

    performance of the busi-

    ness unit, monitors and

    analyses monthly operat-ing results against budget.

    He is also responsible for

    preparation of financial

    outlooks and financial

    forecasts. He also works

    closely with the CEOs of all

    subsidiaries in Europe and

    functional heads of India.

    Dibendu is currentlythe Asssistant VicePresident - Finance in IL&FS

    Environmental Infrastruc-

    ture & Services Ltd which

    is the Environment and

    Ajay has more than 12years work experiencein corporate finance, man-

    agement consulting and

    assurance. He has worked

    extensively across North

    America, Asia Pacific and

    Pradeep Shetty V Rajalakshmi

    Senior Vice President,Scrabble Entertainment Ltd

    VP Finance,VLCC

    With 17 years in Busi-ness Operations,distribution management,

    finance and strategy,

    Pradeep is a strong believer

    of team work, characters,

    ethics, values and integrity.

    Pradeeps core competency

    lies in the media and enter-

    tainment industry wherein

    he was responsible for set-

    ting up broadcasting distri-

    bution business and finan-

    cial module. He has been

    with Apollo International

    Ltd., STAR India Pvt. Ltd,

    and Reliance Broadcasting.

    As a Vice President, Pradeep

    is responsible for a leading

    role in Finance and Opera-

    tions on pan India basis

    With over seven yearsof industry experi-ence, at her current role,

    V Rajalakshmi who had

    joined as GM Finance

    handles fund raising

    through borrowings and

    private equity placements

    for the expansion plans

    of the company. She also

    participates in acquisition

    due diligence and closures.

    She has participated in

    strategy piece to build a

    robust budget on a long

    term basis, management

    reporting amongst others.

    Rajalaxmi has dealt with

    all the Big4 Audit Firms for

    statutory, diligence, Inter-

    nal and Risk Audits.

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    2222 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Deepak Sonthalia

    Varun Dhawan

    Head Commercial - RetailStores, Reliance Trends Ltd

    VP - Taxation, Blue DartExpress Ltd

    Withoutambition onestarts nothing.

    Without workone finishesnothing. Theprize will not besent to you. Youhave to win it

    Choose the jobthat you love, foryou cannot besuccessful unlessyou love your

    job

    operations, finance, strat-

    egy and business feasibility

    particularly in the retail

    industry, characterised

    by an entrepreneurial

    approach and perspective.In his current role, Deepak

    manages the annual busi-

    ness plan, optimises retail

    operation costs, oversees

    feasibility assessment of

    proposed properties, per-

    formance tracking/ man-

    agement of geo-dispersed

    and multi-format network.

    Prior to this, he was the

    Finance Controller for Life-

    time Healthcare Pvt Ltd,where he managed their

    operations, finance and

    fund raising through pri-

    vate investment. He directly

    handled expansion, M&As

    and playing a key role in IT

    Implementation ( Oracle

    Retail - Retek).

    tax laws across service

    industries of transporta-tion, logistics and aviation

    sectors. He joined Blue

    Dart in 1999 and is cur-

    rently heading the tax

    function for Blue Dart

    group. In his role as a Tax

    Leader he is responsible

    for overall tax compliances

    and tax advisory for the

    group. He is in charge of

    all corporate taxes, direct

    as well as indirect tax, and

    including tax advisory and

    tax compliances for all

    international transactions

    for the Blue Dart group.

    Additionally he is also

    responsible for leading the

    payroll and compensation

    team and he assists the

    Finance Director and COO

    for various strategic mat-

    ters for the group.

    Varun is a Commercegraduate and a Char-tered Accountant has an

    experience of 14 years in

    With a 12 year experi-ence in managing

    Amrut Palan Vikas Abhyankar

    Financial Controller, INGVysya Bank

    Executive Vice President,HDFC Standard LifeInsurance Company

    W

    ith over 20 years of

    experience in Bank-ing, Amrut is currently

    working for ING Vysya

    Bank as Financial Controller

    since two years now. He

    is responsible for planning,

    financial and regulatory

    reporting, supporting busi-

    ness analytics, MIS, investor

    interaction, capital raising,

    member of the asset liabil-

    ity committee. Prior to this,

    he has worked with HSBCfor 12 years in various roles.

    These roles include man-

    agement of information,

    planning, asset liability

    management, retail bank-

    ing finance, financial con-

    trol, accounting, regulatory

    and capital management

    In his current role at HDFCStandard Life Insurance,

    Vikas is managing account-

    ing and reporting, treasury

    and fund management

    with corporate taxation.

    Before this he has worked

    in FMCG industry for long.

    He has managed a number

    of responsibilities in Finance

    and Commercial func-

    tions in India and abroad

    since he joined CadburySchweppes in 1982. One of

    his posting was as a Finan-

    cial Controller for Cadbury

    Schweppes South East Asia

    Region providing leader-

    ship to Finance functions of

    businesses in five countries

    in the SEA region.

    Alok Agarwal Shalini Khosla

    Associate Vice President ( F& A ), Radico Khaitan Ltd

    Associate Director Finance and Strategy, ColtIndia

    Currently being asso-ciated with RadicoKhaitan Ltd as Associate

    Vice President ( F & A ) ,

    Alok has been with the

    company since 2000. At

    this point, he looks after

    the Banking, Central and

    State Excise, Insurance,

    Investor Relations, Taxation

    along with handling the

    commercial and strategic

    discussions for taking up

    projects. He started his

    career as an Accounts Offi-

    cer in L H Sugar Factories

    Ltd. worked there for three

    years. After this, he moved

    to Kesar Enterprises where

    he managed their entire

    Accounts function.

    Shalini is the Transforma-tion & Change Agentdriving key finance initia-

    tives to achieve best in class

    standards. Along with lead-

    ing and managing diverse

    responsibilities, she drives

    reengineering initiatives

    and manages the Capital

    investment cycle. She has

    implemented measures

    around process, technol-

    ogy, talent and operating

    model to win coveted

    awards and recognitions

    for Colt India. Prior to Colt,

    she was with Genpact for

    four years handling Corpo-

    rate FP&A and Corporate

    Audit functions.

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    2323F E B R U A R Y 2 0 1 3 C F O I N D I A

    COVER STORY

    Himanshu Vasa

    Executive Vice President Group Internal Audit

    Let us makenew mistakes

    the Internal Audit Team at

    Kotak Mahindra Group.

    Himanshu supports the

    Joint Managing Director

    in carrying out vigilance

    activities. As Chief of Inter-nal Vigilance, he is involved

    in investigations of various

    financial and non-financial

    frauds for Kotak Group.

    Himanshu is a member of

    the First Tier Frauds Com-

    mittee, Information Secu-

    rity Committee, Operations

    Risk Management Com-

    mittee and Kotak Initiative

    Team. Prior to joining Kotak

    Mahindra, Himanshu wasDirector - Risk Advisory

    Services with KPMG from

    1997-2005. Here he was

    servicing a number of local

    and global clients in the

    areas of internal audit, risk

    assessment, risk control

    reviews, etc.

    Himanshu has post quali-fication experience of

    over two decades in areas

    of audit, investigations and

    advisory services. As part

    of Group Internal Audit,

    Himanshu Vasa has been

    directly involved in the

    growth and evolution of

    Krishnan Ramchan-dran heads accounts,finance and taxation, sys-

    tems, investor relations,

    administration and opera-

    tions at Kotak Mahindra

    Krishnan Ramchandran

    Chief Operating Officer,Kotak Mahindra Asset

    Management Company

    Life issimple, do notcomplicate it

    Asset Management Com-

    pany. Krishnan is involvedin managing the compli-

    ance requirements of the

    company and actively

    deals with various regula-

    tors. Prior to this, he was

    a practicing Chartered

    Accountant for two years,

    handling Accounting,

    Audit and Taxation matters

    for clients. Since joining

    the Kotak Mahindra group,

    Krishnan has handled

    major assignments like the

    US GAAP implementation

    for the erstwhile Kotak

    Mahindra Finance Limited

    (KMFL) and subsidiary/

    group companies, systems

    development and imple-

    mentation, for the Retail

    Assets Group and KMFLs

    transition to Kotak Mahin-

    dra Bank.

    Satish Kottakota S Ranganathan

    Vice President - BusinessFinance, HSBC GroupService Delivery

    Head FP&A,Tata Telecom

    After spending 16 yearsacross the banking,

    FMCG, IT & ITES industries,

    Satish is currently managing

    financial planning, analy-

    sis, cost management and

    reporting, product/service

    pricing for the business

    services across the world.

    During his stint with Apollo

    Health Street, he managed

    end to end planning, analy-

    sis, supply management,billing and receivables,

    acquisition and integration

    and public offerings. During

    his Coca Cola days where

    he was the Finance Man-

    ager, he managed end to

    end financial management

    of bottling and distribution.

    A

    n Electronics & Com-

    munication Engineerand an MBA, Rangana-

    than has over 16 years of

    experience, in the telecom

    sector, since the 90s. Rana-

    ganathan had joined Tata

    Telecom back in 2002 as a

    Manager, he is currently the

    Head of the FP& A function

    at Tata Teleservices Ltd.

    having joined as a man-

    ager in 2002. Have worked

    across commercial, businessfinance, MIS and revenue

    assurance, regulatory as

    well as operational units,

    business headquarters and

    corporate. Prior to join-

    ing Tata, he was a part of

    Koshika Telecom & Shyam

    Telelink which is now MTS.

    Sushanth Pai Nilesh Mejari

    Program Director Finance,Mindtree Ltd

    Financial Controller, FutureGeneralli

    Sushanth Pai who holdsan experience of 14years is currently positioned

    as the Program Direc-

    tor Finance at Mindtree

    Ltd. Sushanth has been

    with Mindtree since 2005.

    At Mindtree, Sushanth

    handles mergers and acqui-

    sitions, investor relations

    and treasury. Prior to join-

    ing Mindtree, he was with

    GE Capital International

    Services handling Finan-

    cial Planning and Analysis

    for two businesses of GE

    Energy. Before GE Capital,

    he worked at KPMG Cor-

    porate Finance in the areas

    of private equity, valuations

    and divestiture.

    Having spent more thansix years with FutureGeneralli, Nilesh has been a

    member of the companys

    management commit-

    tee, and responsible for

    investment management,

    treasury amd banking,

    finance and accounting,

    compliance and taxation.

    Nilesh also has been one

    of the founding members

    of Future Generalli. With

    a total experience of more

    than 11 years experience

    with the life insurance sec-

    tor, prior to Future Generalli

    India, he has been associ-

    ated with Bharti AXA, ICICI

    Prudential and Life HDFC

    Standard Life Insurance.

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    2424 C F O I N D I A F E B R U A R Y 2013

    COVER STORY

    Devang Gheewalla

    Executive Vice President,Financial Controller, KotakMahindra Bank

    You do notget wha