CFO – Financial Sector
Chief Finance and Risk Officer –
Antwerp Diamond Bank N.V., Mumbai branch
Since September 2012, I am with Antwerp Diamond Bank N.V, Mumbai
branch. ADB is a niche bank set up about 80 years back, focused on
financing the diamond trade. The Mumbai branch is operational in India
since 2002 and the Balance Sheet as at March 31, 2012 was Rs.1,145
crore. The global Balance Sheet of ADB as at December 2011 was Euro
1.8 billion. The parent bank of ADB is KBC Bank, Belgium whose global
consolidated balance sheet as at December 2011 was Euro 285 billion.
KBC Bank is listed on the NYSE Euronext stock exchange, whereas ADB is
not listed.
From January 2007 to September 2012, I was with ICICI Bank
Limited whose consolidated balance sheet as at September 30,
2012 was about Rs.6,000 billion. ICICI Bank is listed on the NYSE,
USA and in India.
• At Antwerp Diamond Bank N.V., Mumbai branch, I am the Chief Finance and
Risk Officer and am responsible for finance, accounts, tax, MIS, compliance,
Middle Office, ALM and risk management. I am also a part of the Branch
Management Committee which is the apex body for the branch and am also
a member in all the other committees. I report to the country CEO and to
the senior management at the Head Office at Antwerp, Belgium.
• At ICICI Bank Limited, I was part of the Executive Director and CFO’s office
and have handled the following responsibilities:
– Management information (MIS)
– Consolidated financial statements for the group which comprises about
35 entities in India and overseas (UK, Canada, Russia, Mauritius)
– Regulatory monitoring at the group and bank-level
– Regulatory reporting for the group and Bank-level
– Accounting and reporting for the NPA portfolio, at the group and Banklevel.
• Rank holder Chartered Accountant with over 20 years of experience in
India and abroad.
– Final ICAI exam of 1992
– Intermediate ICAI exam of 1990.
• Have been in finance leadership roles and in the CFO domain for over 15
years. Worked in multi-cultural / multi-geography work environment,
interacting with top management, throughout my career.
– have worked in UAE, Qatar and Oman with Arthur Andersen & Co. from
1993 to 1995.
– participated in a worldwide training of Arthur Andersen in Spain
– have done an audit assignment in Japan
– worked as part of the Asia Pacific set up of J.P.Morgan and participated
in a worldwide training at NewYork, USA
– worked and visited clients from USA and UK for Intelenet
– led and participated in a training organised by the BSE Training
Institute to South Korea
– Visited ICICI Bank’s subsidiary in Russia
– Visited the Head Office of Antwerp Diamond Bank at Antwerp, Belgium.
• Through my career, have worked in different corporate forms: holding
company, subsidiary, joint venture, standalone company, a cluster of
companies, India operations for a MNC company reporting to the Head
Office abroad.
• Have been associated with beyond 'business as usual' situations: break up
of a joint venture at ICICI Securities (between ICICI and J.P.Morgan),
management and strategy change at IDBI Bank, new set up of Intelenet
Global Services (now called Serco Global), expansion phase of multiplex at
Fun Republic, corporatisation and demutualisation at Bombay Stock
Exchange, consolidation phase at ICICI Bank and shareholding and
management change at my current assignment with Antwerp Diamond
• Winner of the First CFONEXT100 Award 2012.

Business Achiever - Corporate - The Institute of Chartered