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1 Risk Management Advisory Construction and Engineering Riskpro, India

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  • 1. Risk Management AdvisoryConstruction and EngineeringRiskpro, India1

2. 2 3. Riskpros Network PresenceNew Delhi AgraJaipurAhmedabadKolkata Mumbai PuneHyderabad BangaloreChennaiSalem3 4. Who is Riskpro Why us? ABOUT USMISSION Riskpro is an organisation of member firmsaround India devoted to client service Provide integrated risk managementexcellence. Member firms offer wide range consulting services to mid-large sizedof services in the field of risk management.corporate /financial institutions in India Currently it has offices in three major cities Be the preferred service provider forMumbai, Delhi and Bangalore and alliances complete Governance, Risk and Compliancein other cities.(GRC) solutions. Managed by experienced professionals withexperiences spanning various industries. VALUE PROPOSITIONDIFFERENTIATORS You get quality advisory, normally deliveredby large consulting firms, at fee levelsRisk Management is our main focuscharged by independent & small firmsOver 200 years of cumulative experience High quality deliverablesHybrid Delivery model Multi-skilled & multi-disciplined organisation.Ability to take on large and complex projects Timely completion of any taskdue to delivery capabilities Affordable alternative to large firms We Hold hands, not shake hands.4 5. Governance, Risk and Compliance (GRC) Need of today Increasing complexity in the regulatory and compliance requirements Global regulatory Global reach of companies and related compliance Drivenissues HITECH- Health industry, Solvency II-InsuranceCompliance All Listed companies required to comply with SEBI Regulatory intervention in role of Independent Directors Eg. Clause 49 Investors expectations and protection Stepping stone to Enterprise Risk Management Competitive PressuresBest Practices Manage internal scams and external frauds Quality conscious 5 6. Risk Management Advisory Services Basel II/III Advisory Corporate RisksInformation Security Market Risk Enterprise Risk Assessment IS Audit Credit Risk Fraud Risk Information Security Operational Risk Risk based Internal Audit IT Assurance ICAAP Operations Risk IT Governance Forensic servicesSERVICES Operational RiskGovernance Other Risks Process reviews Corporate Governance Business/Strategic Risk Policy/ Process Review Business Strategic risk Reputation Risk Process Improvement Fraud Risk Outsourcing Risk Compliance Risk Forensic Accounting Contractual RiskTrainingRecruitment Banking E Learning Virtual Risk Managers Corporate Training Full Time Risk Professionals Regular Risk Management Training Part time Risk Professionals Online Training material Risk Managers on call free Workshops / Events6 7. Challenges that companies face today ADVISORYIntroduction of GST, IFRS, and Direct Tax Code Redeployment of human capital across the organizationA lot of regulations are set to change in the next few As companies are addressing cost cutting measures, there isyears. These are sweeping changes and companies in a lot of internal movement to absorb excess manpower inIndia need to be geared up with many internal andsales and operational departments. But these movementstechnological changes before things are done.come at a hidden cost. The cost of loss of knowledge in the old role and the time taken to gain experience in the new role.Frauds are ever-increasing Regulatory environment continues to be complexBanking and manufacturing companies alike are facedInterpretation of complex regulations makes compliance towith a challenge to combat internal and external these regulations difficult. Future changes in regulations addfrauds. With default rates increasing for the consumer to the complexity and uncertainty. And companies are notsegment, the credit card industry is taking a big hit as prepared for this.well. Corporate governance has taken a toll with theSatyam fiasco.Uncertainty in the global and local marketsFinally, competitionThe financial and liquidity situation across the globe We can never forget that competition is always a concern forcontinues to be gloomy. Although recovery seems notany company at any point of the economic cycle.far away, whether this recovery reverses all thenegative impact and brings India Inc to the mid 2008period is a question.7 8. Risks and Challenges of Construction Industry Biggest challenge for construction business is the reduction in uncertainty and delays in project execution Project Risk Requires full integration of the project components for timely Managementcompletion Inadequate project feasibility Political environment Labour availability, skills and shortages External Regulatory challenges factors Government rules and laws may impact future cashflows Effective project integration Pressures on timelines Large size projects add to project uncertaintyInternal Coordination challenges with consortium partners, and other thirdFactorsparty vendors Internal Project development processes and internal controls Project financing and commercials8 9. Feasibility Study Construction IndustryPhase / Risk Factor Riskpro OfferingsPolitical and security risk Anticipate, plan for and gain competitive advantage from theanalysisvariety of local political environment, regulatory requirements fororganisations and security related risks across different regionalJurisdictionsDue diligence Understand the business environment dynamics and ensure anelaborate due diligence supports new business initiativesThreat & risk assessment &Identify and prioritize the most relevant threats and key political,Project Feasibility security and social issues to the project before initiation of newprojects and ventures.Business risksThe competition landscape, business feasibility review andbusiness assessment plans.Regulatory environmentScan of the regulatory environment with cross functionalcompliance requirements and linkages to global regulatory bestpractices9 10. Riskpro ClientsOur ClientsBanking/InsuranceCorporateMNCBankingIntlConsultingIT / Others*Any trademarks or logos used throughout this presentation are the property of their respective owners10 11. Team ExperiencesOur Experiences Our team members have worked at world class Companies *Any trademarks or logos used throughout this presentation are the property of their respective owners 11 12. RESUMES Our team Credentials Co-Founder - Riskpro CA, CPA, MBA-Finance (USA), FRM (GARP) Manoj Jain Over 10 years international experience 6 years in Bahrain and 4 years USA 15 years exp in risk management consulting and internal audits, Specialization inOperational Risk, Basel II, Sox and Control design Worked for Ernst & Young (Bahrain), Arab Investment Company (Bahrain),Navigant Consulting(USA), Kotak Mahindra Bank (India) and Credit Suisse(India) Sox Compliance project for Fannie Mae, USA ( $900+ Billion Mortgage Company) Co- Founder - Riskpro CA (India), MBA (Netherlands), CIA (USA) Rahul Bhan Over 15 years of extensive internal and external audit experience in India andabroad. Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and YoungKuwait, Deloitte Netherlands and KPMG India. Worked with clients in a wide variety of industries and countries including trading,retail and consumer goods, NGO, manufacturing and banking and finance. Majorclients include banks, investment companies, manufacturing organizations,aviation etc.12 13. RESUMES - Our teamCredentials Co-Founder - Riskpro Casper Abraham PGD (Electrical & Electronics & Computer Programming) 30 years of experience in Information & Communications Technology (ICT) Solutionsfor Retail, Garments, Manufacturing, Services Industries. Has created Companies, Divisions, Products, Brands, Teams & Markets. Consulting in Business, Technology, Marketing & Sales & Strategic Planning. Advisory, Training, Workshops & Implementation in Systems Thinking, SystemsModeling & Balanced Scorecard Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA, Sr Vice President Risk ManagementMBA, PDFM,NSE-NCFM, PMP, CSSGB,ISO 9001:2000 I.A,GARP-FBR, ITILV3,CPP-BPM Hemant Seigell Professional with 17 years of rich experience into diverse Consumer finance/ Lendingoperations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting &Housing finance in BFSI industry having successfully led key business strategicengagements across multi-product environment in APAC, Australia and US regions. Worked with GE, ABN AMRO Bank, Citigroup, Accenture, Deutsche Postbank Highly skilled and expert Trainer in Risk areas across Credit, Fraud, Operational, CorporateRisk management. Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance. 13 14. RESUMES - Our teamCredentials Head - Insurance Risk Advisory services B.sc, Associate of Indian Institute of Insurance Licensed Category A Insurance surveyor R. Gupta 26 years of experience in Insurance advisory services, Loss adjusting for large corporates,Claims management. Has assessed more than 4500 high value insurance claims across various industry sectors. Risk management inspection Valuations of fixed assets for insurance purpose. Head - Human Capital Management Nilesh Bhatia Chartered Accountant, Lead Assessor ISO 9000, Six Sigma Trained, Trained on Situational Leadership, Trained on interviewing skills and Whole Message Model. Over two decades of international, multi-cultural experience in finance and human resources viz. internal audit, accounting operations, accounting process review & re-designing, risk management, business solutioning, six sigma projects, talent acquisition, talent retention, organization design/redesigning, compensation and appraisal processing, employee and customer satisfaction surveys, knowledge management and finance services. Worked with Citicorp/MGF, India Glycol, Delphi, American Express India, American Express USA, Fidelity International and Macquarie Global Finance Services India.14 15. RESUMES - Our teamCredentials Head Taxation Risk Advisory Rajesh Jhalani B.Com, FCA Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotraand Mehrotra Over 19 years of experience in the field of Audit, Taxation, Company law matters. Major clients served are NTPC, BHEL, Bank of India, PNB, Airport Authority ofIndia etc.President Banking & Financial Services A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics), SivaramakrishnanCWA, CAIIB Combined experience of 25+ years in corporate banking, risk management,international trade finance, development of risk rating models, project finance, creditmonitoring and NPA management Since 2006 conducting open / in-house training on the above domains to all Toppublic/ new and old private sector banks, top MNC banks (India and abroad), leadingNBFCs and corporates in manufacturing and financial services space; Worked on IFC(World Bank) funded projects for MSMEs in India and abroad Worked for Bank of Baroda and ICICI Bank bestowed Top Performer Awardcontinuously two years during his tenure; widely travelled abroad for businessrelations, seminars, offering training, investor meetings, NYSE listing and forprocesses involving establishment of representative Office in USA 15 16. RESUMES - Our teamCredentialsExecutive Vice President Risk Management ( Banking & Financial Services) A hands-on banking professional {BSc (Mathematics), CAIIB} with considerabledomestic and international experience Kashi Banerjee An aggregate experience of 24+ years across industry, mainly BFSI in severalfunctional areas including Retail and Commercial Banking, Corporate Lending, teammember of the Business Process Re-Engineering project (BPR); conceptualizing andsetting up shared services centres for centralized operations for the Bank in India. Management through ERM framework overseeing all key areas of the businessthrough various Operational Risk tools like KRI / RCSA matrices. Managing of majorproject implementation of Basel II and Compliance risk framework Directing, reviewing and advising Board of Directors on various compliance issues andrepresenting the bank to the Central Bank regulatory offices. Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and DubaiHoldings ( subsidiary)Consultant Information Security & IT Governance Anjay Agarwal LLB, CA, CISA, CWA, CS, CFE and others Over 15 years of experience in the field of Audit, Taxation, Investigations. Specializing in the field of Systems Audit, Cybrex Audit, Computer Crime Investigations, IS Forensics International Committee Member of Governmental and Regulatory Agencies Board and Academic Relations Committee of ISACA, USA16 17. RESUMES - Our team CredentialsExecutive Vice President Risk Management ( Banking & Financial Services) Vijayan Govindarajan Professional Risk Manager with considerable domestic and international experience An aggregate experience of 30 + years across industry, mainly Banking in several functional areasincluding Wholesale Credit Risk, Operational Risk, Trade Finance , Retail Banking and Islamic FinancialServices. Track record of setting up of excellence in the set-up, and management of credit and operational risk,compliance and credit administration functions in retail, commercial , Islamic Banking and offshore bankingentities in the Middle East. Key strength includes Corporate Credits, Risk Management in IT, implementation of Risk Managementmodule in core banking Banks Policies, procedures, Country Risk. Played an active role in 3 core bankingsoftware implementations Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat Bahrain and BMI BankBahrain as AGM Risk Management.Specialist Risk Consultant ERP & IT Compliance Gourav LadhaSAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access Controls trained (from SAP India)Over 7 years of experience working in the area of ERP/IT Risk advisory, primarily focusing on SAP, for Fortune 500 clients in around 8 countries including US, UK, UAE, Hong Kong, etcSpecializes in SAP Risk & Controls Advisory, SAP Business Process Controls Audit, SAP Security & Segregation of Duties Control Audit, ERP Trainings,Strong Industry experiences ranging from Beverages, Insurance, Energy, FMCG, Pharmaceutical, Retail, Telecommunication to IT ServicesWorked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services 17 18. RESUMES - Our team Credentials Vice President & Head IT Risk Advisory Ravikiran Bhandari Over 14+ Years of Experience in Information Security and Risk Management & CISMcertified Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide atBangalore for 9 years, previously worked at organization like Wipro, Bangalore Labs Multi-sector experience including Banking, Insurance, Finance, Energy, Manufacturing,Retail, Hi-Tech & Telecom, and Automobile Well known Ethical hacker: Was featured in BusinessWorld Magazine in an article aboutleading ethical hackers in India and published several articles in Print and Online Media Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, JointVentures across several countries in the world including US, UK, China, GermanyVice President Legal Risk Advisory Aashish Shrivastav B.B.A. LL.B. (Hons.) About half a decade experience in legal services to clients with respect to Contractand Commercial Laws, Joint Ventures, Inbound & Outbound Investments, PrivateEquity Investment Transactions, Real Estate & Infrastructure, Energy and GeneralCorporate. Have advised various social enterprises and start ups in setting up business inIndia. Worked for the leading law firms of India such as FoxMandal Little.18 19. RESUMES - Our teamCredentials Vice President Riskpro India Phanindra Prakash FCA [India], ACMA [India], CFE [USA], CertIFRS [UK] Over 16 years of extensive consulting experience which includes financial & systems audit, process transformation, implementation of internal controls, SOX compliance, fraud audits & due diligence, US-India taxation Engaged in consulting roles as trusted advisor to finance, internal audit and information technology executives of multiple Fortune 1000 companies with project sites in US, Canada, Europe & Asia Worked with E&Y and Deloitte Consulting in USA Some of the major clients served internationally are GE Capital, UBS, McKesson, Eaton, Imation, Albertsons, EVP and Head Telecom Risk Advisory M.Tech, IIT Kharagpur, India; IES; Doctoral study, research and teaching in Linkoping University/Sweden; Lead Auditor (BVQI). Asok Sit Over 30 years on International experience in networks and mobile Handsets from top global companies /institutes like ISRO, Ericsson, Nokia, Nokia Siemens Networks and based mostly in its head quarter locations in India, EU, USA. Expertise: Setting up capability, behaviour, culture in turning Risk, Quality, Innovation for competitive advantage, customer delight and sustainability; key skill sets are Engagement, Handholding, Coaching, Mentoring and lot of best practices, benchmarking/standards like CMMI, TL9000, Six Sigma, ISO, SAS 70 etc.19 20. RESUMES - Our team Credentials Executive Vice President Riskpro India Siddhartha Ghosh CPA (USA), ACA, ACS, Grad CWA (India), MBA (USA), Associate ICPAS (Singapore) Over 25 years of extensive audit and industry experience which includes 19 years withRolls-Royce India Pvt Ltd at New Delhi and its associate and parent companies of Rolls-Royce in UK, USA and Singapore in all aspects of Finance, Taxation, Audit, Banking, Legal,Company Secretarial, Statutory compliances and due diligence, Internal Control, ESOP,Budgets, Cashflows, Forecasts, MIS Reporting, HR, Expatriate & Office Administration,Payroll, IT, Retirement Funds Administration, Shared Services, Project Accounts, etc. Worked with Price Waterhouse Coopers for 4 years with reputed MNCs, banks, Indiancorporate houses Worked with McNally Bharat Engineering Company Ltd for 4 years 20 21. RESUMES - PARTNERSHIPS Specialist Risk Consultant Business ContinuityAndrew Hiles Founder and 15-year Chairman of Survive, the first international user group for BusinessContinuity professionals Founding director and first Fellow of the Business Continuity Institute Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, andBusiness Continuity and ICT Disaster Recovery Management Multi-sector experience including Banking, Insurance, Finance, Oil, Gas, Energy,Manufacturing, Retail, Hi-Tech & Telecom Western Press Award for services to business, 1994; BCI/CIR nomination forlifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine,2004, Washington DC. Specialist Risk Consultant Enterprise Risk ManagementChris E. Mandel Highly skilled risk and insurance professional with 25 years of experience designing,developing and implementing large, global corporate risk management programs for Fortune500 firms. Principal Consultant and Founder - Excellence in Risk Management, LLC. (Texas, USA) Co-founder and EVP, Professional Services, rPM3 Solutions, LLC (Maryland, USA). Past experiences include Head of Global Risk Management for USAA, PepsiCo/TriconGlobal and American National Red Cross Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty MutualInsurance Co. 2004 Risk Manager of the Year 2007 recipient of the Alexander Hamilton Award forExcellence in ERM (at USAA) former President, Risk and Insurance ManagementSociety, Inc.21 22. RESUMES - Advisors Credentials Founder partner of Mehrotra and Mehrotra, a 48 year old CA firm in India Mr. MP Mehrorta B.Com, FCA, LLB Over 48 years of experience in audits, taxation, legal matters, loan syndication etc. Trustee of Cochin Port Trust, Member of Task Force for MOUs, Ministry of Heavy Industries & Public Enterprises, Govt. of India, Ex- Member of Central Board of Trustees, Employees Provident Fund Organisation (EPFO), Ministry of Labour, Govt. of India, New Delhi. Ex - Director, Canara Bank Practicing chartered accountant in Delhi CA, ICWA Mr. PK Gupta Over 35 years of professional experience. Trustee, Kargil Shaheed Smarak Samiti Hon. Treasurer, World Academy of Spiritual Sciences (WASS). Panel Arbitrator, International Centre for Alternative Dispute Resolution Arbitrator, Cement Corporation of India Arbitrator, Bombay Stock Exchange Limited Arbitrator, Central Depository Services (India) Limited Arbitrators Panel of Indian Council of Arbitration 22 23. Key ContactsCorporate Mumbai Delhi Bangalore Riskpro India Ventures (P) Manoj Jain Rahul BhanCasper AbrahamLimited Director DirectorDirectorM- 98337 67114 M- 99680 05042M- 98450 61870 [email protected]@[email protected] [email protected] www.riskpro.inShriram GokteHemant SeigellVijayan GovindarajanEVP - Risk ManagementSVP Risk Management EVP Risk Management C 561, Defence colony M- 99536 97905M- 99166 63652M- 98209 94063 New Delhi 110024 [email protected] [email protected] [email protected] Ravikiran BhandariVP ITPresident Banking & FS Risk AdvisoryM- 98690 19311 M- 99001 [email protected] [email protected] / Noida ChennaiKolkata GurgaonSiddhartha GhoshR. MuralidharanKashi BanerjeeNilesh BhatiaEVP - Finance EVP Risk ManagementEVP Risk Management Head Human Capital Mgt.M- 9810058072 M- 95660 77326 M- 98304 75375M- 98182 [email protected] [email protected]@riskpro.in [email protected] Gupta - Insurance Risk Asok SitM- 98101 07387 EVP Telecom Risk Advisory M- 98105 03463 [email protected] Hyderabad / AgraM.L. Jain Chandrasekeran Maulik Manakiwala Phanindra Prakash (Hyderabad)Principal Strategy Risk Recruitment franchisee Member Firm Member FirmM- 98220 11987M 94435 99132M 98256 40046 M- 95500 [email protected] Gourav LadhaAlok Kumar Agarwal (Agra) Sap 23 Risk Advisory Member Firm M- 97129 52955M- 99971 65253