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Independent Directors Services for SME’s
     Risk Consulting & Management




Riskpro India Ventures (P) Limited
        New Delhi, Mumbai, Bangalore




                      1
Who is Riskpro… Why us?


                 ABOUT US                                                    MISSION
   Riskpro is an organisation of member firms
    around India devoted to client service                   Provide integrated risk management
    excellence. Member firms offer wide range                 consulting services to mid-large sized
    of 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 for
    Mumbai, Delhi and Bangalore and alliances                 complete Governance, Risk and Compliance
    in other cities.                                          (GRC) solutions.
   Managed by experienced professionals with
    experiences spanning various industries.




         VALUE PROPOSITION                                            DIFFERENTIATORS
   You get quality advisory, normally delivered
    by large consulting firms, at fee levels                  Risk Management is our main focus
    charged by independent & small firms
                                                              Over 200 years of cumulative experience
   High quality deliverables
                                                              Hybrid Delivery model
   Multi-skilled & multi-disciplined organisation.
                                                              Ability to take on large and complex projects
   Timely completion of any task                              due to delivery capabilities
   Affordable alternative to large firms                     We Hold hands, not shake hands.

                                                      2
RiskPro Highlights

                          Large talent pool of risk experts, consultants and
                          associate partners in India with deep domain skills for
                          domestic and global clients

                11 service locations across Indian region with key
                offices in New Delhi, Mumbai and Bangalore


                               Deep expertise in consulting with over 200 years
                               of cumulative consulting experience



                Operating Groups:    Risk-Advisory,   Consulting,
                Training & HCMS


                              Service Lines : Credit, Operational, Fraud Risks,
                              ERM,    Regulatory Compliance,        Outsourcing
                              Management, Corporate governance

                We are fastest growing risk consulting company
                and     have realistic plans to capture coming
                opportunities while competing with Big - 4’s for
                superior, unmatched, low cost services to our
                clients




                                                3
Risk Management Advisory Services

           Basel II/III Advisory               Corporate Risks                            IT Risk Advisory
              Market Risk                        Enterprise Risk Assessment                IS Audit
              Credit Risk                        Fraud Risk                                Information Security
              Operational Risk                   Risk based Internal Audit                 IT Assurance
                                                 Operations Risk                           IT Governance
SERVICES


               ICAAP
                                                  Forensic services




           Operational Risk                    Governance                                 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 Risk
              Insurance Risk


                              Training                                                 Recruitment
                     Banking – E Learning
                     Corporate Training                                           Virtual Risk Managers
                     Regular Risk Management Training                             Full Time Risk Professionals
                     Online Training material                                     Part time Risk Professionals
                     Workshops / Events                                           Risk Managers on call – free
                     ISO standards- 31000



                                                            4
Riskpro’s Network Presence




                                          New Delhi



                                     Agra
                      Jaipur


              Ahmedabad
                                                        Kolkata
               Mumbai


                           Pune

                                            Hyderabad
               Bangalore


                                            Chennai


                                  Salem



                                              5
Independent Director- Definition & Context

    Independent director shall mean a non-executive director of the
     company who does not have any material pecuniary relationships or
     transactions with the company, its promoters, its directors, its senior
     management or its holding company, its subsidiaries and associates that
     may affect independence of the director.
    Is not related to promoters or persons occupying management positions
     at the board level or at one level below the board.
    Has not been an executive of the company in the immediately preceding
     three financial years.
    Is not a partner or an executive or was not partner or an executive during
     the preceding three years.
    Is not a material supplier, service provider or customer or a lessor or
     lessee of the company.
    Is not a substantial shareholder of the company i.e. own more than 2
     percent of the voting shares.
    * As per SEBI guidelines              6
Indian SME Industry Prologue



             Small and Medium Enterprises (SMEs), particularly in
             developing countries, are the backbone of the nation's
             economy. They constitute bulk of the industrial base and
             also contribute significantly to their exports as well as to
             their Gross Domestic Product (GDP). In India, Micro, Small
             and Medium Enterprises (MSMEs) contribute 8% of it’s
             GDP, 45%of the manufactured output and 40% of
             exports. It provides employment to about 70 million people
             through 30 million enterprises.

             The MSME Sector is the largest generator of employment
             in the Indian economy. It forms a major portion of the
             industrial activity.




                                       7
Indian SME’s Environment

   MSME sector in India is highly heterogeneous in terms of the size of
    the enterprises, variety of products and services produced and the
    levels of technology employed.
   More than 94% of SMEs are unregistered, with a large number
    established in the informal or unorganized sector.
   86% present of total business firms belong to the informal sector, i.e.
    Proprietorship and Partnership dominated by family run businesses.
   Lack of professional strategic outlook in managing efficiently run
    business model.
   Need for industry professionals involvement for removing historical
    redundant corporate business management practices while overseeing
    and implementing best practices…




                                         8
Need for Independent Director’s – SME’s (Family Run Businesses)

    Corporate governance abuses that have come to light in the recent
     past have alarmed both the investors and the regulators about the
     manner in which corporate boards function.
    Public scrutiny has grown immensely on how the promoters govern
     their businesses.
    Independent directors have largely been passive and at times even
     riddled with conflicts of interest.
    Corporate governance in present times makes it paramount upon
     family businesses to induct ‘truly’ independent directors on their boards
     to allow objective evaluation of the management’s performance and
     well-being of the company without any conflict of interest or undue
     influence of interested parties.
    Inclusion of experienced professionals as independent directors on the
     board has gained importance not only for the stakeholders or minority
     shareholders but also for the promoters.
                                         9
Current Scenario & Future Outlook – SME Boardroom




      • Conventional boardroom with family                  • Paradigm shift in functioning of a professionally
    members/promoters business discussions                  managed board with independent director’s role
                                                                                as a coach
  • Absence of a true professional guide with right
    blend of business ethics and guiding growth               • Inculcating objective view point to the board
              strategy with experience
                                                            • Introducing a fresh & innovative perspective into
   • Need for a mentoring coach helping develop                                business DNA
    long-term plans allowing business to function
                efficiently & profitably                             • Balancing element between
                                                             shareholders/promoters as objective judges of
  • Lack of direction to stakeholders and family run                        disagreements
       promoters on business strategic vision
                                                                 • Induction of business knowledge while
                                                                       challenging current thinking



                                                       10
Typical Board Governance Structure


                                                              Shareholders


                                                      Board of Directors




                                                                                                                                               Information and Communication
                   • Achievement of strategic objectives and value creation
                   • Fulfil responsibilities and duties in law and prescribed functions
   Chairman




                                                                                                                 Key Areas of Responsibility
   Board                               Strategy
                    Board Operations




   Meetings
                                       Corporate Policies & Procedures
   Corporate
   Secretary                           Board Governance Instruments
   Reporting &
   Disclosure                          Monitoring and Evaluation


   Governance    Board Committees                                                         CEO & Management
   System and
   Controls      Audit                       Remuneration         Other                    Executive         Internal Controls
                 Committee                   Committee            Committees               Committee         & Assurance




                                                                11
Independent Director’s at SME- Understanding Key Elements




                  • Enrichment                                                                        • Introducing




                                                                                 SME Future Roadmap
 Value Addition




                                               Qualities
                                 of   Talent               • Knowledgeable                                               Diversity
                    Pool                                                                                policy
                                                           • Sensitive                                • Appoints         directors
                                                                                                        through an independent
                  • Mentoring                                                                           and objective process
                                                           • Objective
                                                                                                      • Establishes appropriate
                                                                                                        board committees
                  • Objectivity in Business                • Inquisitive
                    External Perspective                                                              • Sharing information in a
                                                                                                        timely    fashion     with
                                                           • Forthright                                 independent directors
                  • Oversight
                                                                                                      • Develops and follows a
                                                           • Available                                  code of conduct
                  • Bridge family branches                                                            • Adopts a consultative
                                                           • Prepared                                   approach     in    setting
                                                                                                        meeting agendas
                                                           • Good Team-workers                        • Records and shares
                                                                                                        minutes of the meeting




                                                                           12
Role of Independent Director’s

    Independent directors have emerged as the cornerstones of the
     worldwide corporate governance movement.
    Increased presence in the boardroom has been hailed as an effective
     deterrent to fraud and mismanagement, inefficient use of resources,
     inequality and unaccountability of decisions.
    Most significant instrument of compliance with corporate governance.
    They contribute to the board by constructively challenging the
     development of policy decisions and company strategies.
    They scrutinize the performance of the management and hold them
     accountable for their actions. Their independence, on account of lack
     of affiliation which is likely to prejudice their decisions, allows them to
     fulfill these tasks more efficiently.




                                          13
Our Value Proposition-
‘We link Right People as professional decision mentors for your organization’



                                                                                • Corporate governance
     • Qualified Industry professionals
                                                Riskpro                           management expert advisory &
                                                                                  oversight
     • Subject matter experts in
       corporate governance                                                     • Prepare & publish enterprise
                                                                                 mission statement
     • Plethora of industry wise
      experience in managing SME’s/       • Large unmatched database of         • Enterprise policy statement to
      mid sized companies                   prospective experienced senior       manage business growth engine
                                            professionals for recruitment
                                                                                • Enterprise succession planning
                                          • Systematic   assessment       of
                                           needs,      comparing        the     • Management structure and
                                           company’s strategic plan with an      level of professional qualification
                                           up-to-date profile of the skills      relevant to industry
                                           and experience of the current
                                           board.                               • Stakeholder relations
                                                                                 management
                                          • Understanding of the specific
                                           needs of the board and an            • Legal and statutory compliance
                                           insight into the unique nature of
                                           a company — its people, its
                                           products and its strategy

                                          • SME industry interface services
                                           with right resources for the right
     Independent                           corporates

                                                                                         SME’s
       Director

                                                                 14
How you Benefit- Independent Director Onboard


                                    Clear articulation of         Protect and facilitate
  Promoting transparent and
                                  responsibilities among        exercise of shareholder’s
  efficient market as per laws
                                    various authorities                   rights




                                    Encourage active co-
                                     operation between             Timely and accurate
   Equitable treatment of all
                                 corporation, stakeholders,      disclosures on material
   shareholder’s including
                                   with an opportunity to           matters regarding
     minority and foreign
                                 obtain effective redress for   ownership and governance
                                  violation for their rights




                                                                 Better governance
   Strategic guidance of the      Effective monitoring of        leading to higher
           company               management by the board           profitability &
                                                                     revenues



                                                15
Riskpro Clients                                                                                    Our Clients


Banking/
Insurance




Corporate
MNC




Banking
Intl




Consulting
IT / Others




                      *Any trademarks or logos used throughout this presentation are the property of their respective owners
                                                      16
Team Experiences                                                                                          Our 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
                                                                     17
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 in
                  Operational 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 and
                  abroad.
                 Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young
                  Kuwait, 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. Major
                  clients include banks, investment companies, manufacturing organizations,
                  aviation etc.


                                                      18
RESUMES - Our team                                                                                 Credentials


                     Co-Founder - Riskpro
 Casper Abraham

                     PGD (Electrical & Electronics & Computer Programming)
                     30 years of experience in Information & Communications Technology (ICT) Solutions
                      for 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, Systems
                      Modeling & Balanced Scorecard
                     Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,

                     Sr Vice President – Risk Management
                      MBA, 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/ Lending
                      operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting &
                      Housing finance in BFSI industry having successfully led key business strategic
                      engagements 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, Corporate
                      Risk management.
                     Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance.



                                                             19
RESUMES - Our team                                                                              Credentials


                    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.



                                                            20
RESUMES - Our team                                                                               Credentials

                       Head – Taxation Risk Advisory
 Rajesh Jhalani

                       B.Com, FCA
                       Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra
                        and 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 of
                        India etc.

                    President – Banking & Financial Services
                       A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics),
 Sivaramakrishnan




                        CWA, CAIIB
                       Combined experience of 25+ years in corporate banking, risk management,
                        international trade finance, development of risk rating models, project finance, credit
                        monitoring and NPA management
                       Since 2006 conducting open / in-house training on the above domains to all Top
                        public/ new and old private sector banks, top MNC banks (India and abroad), leading
                        NBFCs 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 Award
                        continuously two years during his tenure; widely travelled abroad for business
                        relations, seminars, offering training, investor meetings, NYSE listing and for
                        processes involving establishment of representative Office in USA


                                                             21
RESUMES - Our team                                                                           Credentials

                  Executive Vice President – Risk Management ( Banking & Financial Services)
                     A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable
                      domestic and international experience
 Kashi Banerjee



                     An aggregate experience of 24+ years across industry, mainly BFSI in several
                      functional areas including Retail and Commercial Banking, Corporate Lending, team
                      member of the Business Process Re-Engineering project (BPR); conceptualizing and
                      setting up shared services centres for centralized operations for the Bank in India.
                     Management through ERM framework overseeing all key areas of the business
                      through various Operational Risk tools like KRI / RCSA matrices. Managing of major
                      project implementation of Basel II and Compliance risk framework
                     Directing, reviewing and advising Board of Directors on various compliance issues and
                      representing the bank to the Central Bank regulatory offices.
                     Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai
                      Holdings ( 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, USA


                                                          22
RESUMES - Our team                                                                                                    Credentials

                        Executive 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 areas
                            including Wholesale Credit Risk, Operational Risk, Trade Finance , Retail Banking and Islamic Financial
                            Services.
                           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 banking
                            entities in the Middle East.
                           Key strength includes Corporate Credits, Risk Management in IT, implementation of Risk Management
                            module in core banking Bank’s Policies, procedures, Country Risk. Played an active role in 3 core banking
                            software implementations
                           Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat Bahrain and BMI Bank
                            Bahrain as AGM Risk Management.


                            Specialist Risk Consultant – ERP & IT Compliance
 Gourav Ladha




                            SAP 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, etc
                            Specializes 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 Services
                            Worked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services




                                                                           23
RESUMES - Our team                                                                                      Credentials

                         Vice President & Head – IT Risk Advisory
 Ravikiran Bhandari

                         Over 14+ Years of Experience in Information Security and Risk Management & CISM
                          certified
                         Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide at
                          Bangalore 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 about
                          leading ethical hackers in India and published several articles in Print and Online Media
                         Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, Joint
                          Ventures across several countries in the world including US, UK, China, Germany

                          Vice President – Legal Risk Advisory
 Aashish Shrivastav




                      

                         B.B.A. LL.B. (Hons.)
                         About half a decade experience in legal services to client’s with respect to Contract
                          and Commercial Laws, Joint Ventures, Inbound & Outbound Investments, Private
                          Equity Investment Transactions, Real Estate & Infrastructure, Energy and General
                          Corporate.
                         Have advised various social enterprises and start ups in setting up business in
                          India.
                         Worked for the leading law firms of India such as FoxMandal Little.



                                                                  24
RESUMES - Our team                                                                                       Credentials

                        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.



                                                                  25
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 with
                        Rolls-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, Indian
                        corporate houses
                       Worked with McNally Bharat Engineering Company Ltd for 4 years


                       Vice President – Riskpro India
                       B. Com, ACA, Dip. IFRS
 Priti Tawari




                       Over 6 years of extensive audit and industry experience in all aspects of Finance, Taxation,
                        Audit, Legal, Company Secretarial, Statutory compliances and due diligence, Internal
                        Control, Budgets, Cash flows, Forecasts, MIS Reporting, HR, Expatriate & Office
                        Administration, Payroll, IT, Project Accounts, etc.
                       Worked with Price Waterhouse Coopers for 3 years in audit & assurance for reputed
                        MNCs, Indian corporate houses.
                       Engage in own practice since 2010 specialize in outsourcing of finance department in mid
                        size MNCs and consultation in Indirect Taxes and Management Reporting



                                                                26
RESUMES - PARTNERSHIPS
                     Specialist Risk Consultant – Business Continuity
Andrew Hiles

                     Founder and 15-year Chairman of Survive, the first international user group for Business
                      Continuity professionals
                     Founding director and first Fellow of the Business Continuity Institute
                     Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, and
                      Business 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 for
                      lifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine,
                      2004, Washington DC.

                     Specialist Risk Consultant – Enterprise Risk Management
Chris E. Mandel




                     Highly skilled risk and insurance professional with 25 years of experience designing,
                      developing and implementing large, global corporate risk management programs for Fortune
                      500 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/Tricon
                      Global and American National Red Cross
                     Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty Mutual
                      Insurance Co.
                     2004 Risk Manager of the Year – 2007 recipient of the Alexander Hamilton Award for
                      “Excellence in ERM” (at USAA) – former President, Risk and Insurance Management
                      Society, Inc.

                                                            27
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
                      Arbitrator’s Panel of Indian Council of Arbitration



                                                                   28
Key Contacts
Corporate                     Mumbai                     Delhi                       Bangalore
 Riskpro India Ventures (P)   Manoj Jain                 Rahul Bhan                  Casper Abraham
          Limited             Director                   Director                    Director
                              M- 98337 67114             M- 99680 05042              M- 98450 61870
       info@riskpro.in        manoj.jain@riskpro.in      rahul.bhan@riskpro.in       casper.abraham@riskpro.in
       www.riskpro.in
                              Shriram Gokte              Hemant Seigell              Vijayan Govindarajan
                              EVP - Risk Management      SVP – Risk Management       EVP – Risk Management
   C 561, Defence colony                                 M- 99536 97905              M- 99166 63652
                              M- 98209 94063
     New Delhi 110024         shriram.gokte@riskpro.in   hemant.seigell@riskpro.in   vijayan.govindarajan@riskpro.in

                              Sivaramakrishnan                                       Ravikiran Bhandari          VP – IT
                              President – Banking & FS                               Risk Advisory
                              M- 98690 19311                                         M- 99001 69562
                              smaran.iyer@riskpro.in                                 ravikiran.bhandari@riskpro.in

Ghaziabad / Noida             Chennai                    Kolkata                     Gurgaon
Siddhartha Ghosh              R. Muralidharan            Kashi Banerjee              Nilesh Bhatia
EVP - Finance                 EVP – Risk Management      EVP – Risk Management       Head – Human Capital Mgt.
M- 9810058072                 M- 95660 77326             M- 98304 75375              M- 98182 93434
Siddhartha.Ghosh@riskpro.in   murali@riskpro.in          kashi.banerjee@riskpro.in   nilesh.bhatia@riskpro.in

R Gupta - Insurance Risk                                                             Asok Sit
M- 98101 07387                                                                       EVP – Telecom Risk Advisory
                                                                                     M- 98105 03463
                                                                                     asok.sit@riskpro.in
Pune                          Salem                      Ahmedabad                   Hyderabad / Agra
M.L. Jain                     Chandrasekeran             Maulik Manakiwala           Phanindra Prakash (Hyderabad)
Principal – Strategy Risk     Recruitment franchisee     Member Firm                 Member Firm
M- 98220 11987                M – 94435 99132            M – 98256 40046             M- 95500 61616
mljain@riskpro.in
                                                         Gourav Ladha                Alok Kumar Agarwal (Agra)
Priti Tawari                                             Sap 29
                                                             Risk Advisory           Member Firm
M- 9011054085                                            M- 97129 52955              M- 99971 65253

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Independent director sme services 2013

  • 1. Independent Directors Services for SME’s Risk Consulting & Management Riskpro India Ventures (P) Limited New Delhi, Mumbai, Bangalore 1
  • 2. Who is Riskpro… Why us? ABOUT US MISSION  Riskpro is an organisation of member firms around India devoted to client service  Provide integrated risk management excellence. Member firms offer wide range consulting services to mid-large sized of 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 for Mumbai, Delhi and Bangalore and alliances complete Governance, Risk and Compliance in other cities. (GRC) solutions.  Managed by experienced professionals with experiences spanning various industries. VALUE PROPOSITION DIFFERENTIATORS  You get quality advisory, normally delivered by large consulting firms, at fee levels  Risk Management is our main focus charged by independent & small firms  Over 200 years of cumulative experience  High quality deliverables  Hybrid Delivery model  Multi-skilled & multi-disciplined organisation.  Ability to take on large and complex projects  Timely completion of any task due to delivery capabilities  Affordable alternative to large firms  We Hold hands, not shake hands. 2
  • 3. RiskPro Highlights Large talent pool of risk experts, consultants and associate partners in India with deep domain skills for domestic and global clients 11 service locations across Indian region with key offices in New Delhi, Mumbai and Bangalore Deep expertise in consulting with over 200 years of cumulative consulting experience Operating Groups: Risk-Advisory, Consulting, Training & HCMS Service Lines : Credit, Operational, Fraud Risks, ERM, Regulatory Compliance, Outsourcing Management, Corporate governance We are fastest growing risk consulting company and have realistic plans to capture coming opportunities while competing with Big - 4’s for superior, unmatched, low cost services to our clients 3
  • 4. Risk Management Advisory Services Basel II/III Advisory Corporate Risks IT Risk Advisory  Market Risk  Enterprise Risk Assessment  IS Audit  Credit Risk  Fraud Risk  Information Security  Operational Risk  Risk based Internal Audit  IT Assurance   Operations Risk  IT Governance SERVICES ICAAP  Forensic services Operational Risk Governance 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 Risk  Insurance Risk Training Recruitment  Banking – E Learning  Corporate Training  Virtual Risk Managers  Regular Risk Management Training  Full Time Risk Professionals  Online Training material  Part time Risk Professionals  Workshops / Events  Risk Managers on call – free  ISO standards- 31000 4
  • 5. Riskpro’s Network Presence New Delhi Agra Jaipur Ahmedabad Kolkata Mumbai Pune Hyderabad Bangalore Chennai Salem 5
  • 6. Independent Director- Definition & Context  Independent director shall mean a non-executive director of the company who does not have any material pecuniary relationships or transactions with the company, its promoters, its directors, its senior management or its holding company, its subsidiaries and associates that may affect independence of the director.  Is not related to promoters or persons occupying management positions at the board level or at one level below the board.  Has not been an executive of the company in the immediately preceding three financial years.  Is not a partner or an executive or was not partner or an executive during the preceding three years.  Is not a material supplier, service provider or customer or a lessor or lessee of the company.  Is not a substantial shareholder of the company i.e. own more than 2 percent of the voting shares. * As per SEBI guidelines 6
  • 7. Indian SME Industry Prologue Small and Medium Enterprises (SMEs), particularly in developing countries, are the backbone of the nation's economy. They constitute bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP). In India, Micro, Small and Medium Enterprises (MSMEs) contribute 8% of it’s GDP, 45%of the manufactured output and 40% of exports. It provides employment to about 70 million people through 30 million enterprises. The MSME Sector is the largest generator of employment in the Indian economy. It forms a major portion of the industrial activity. 7
  • 8. Indian SME’s Environment  MSME sector in India is highly heterogeneous in terms of the size of the enterprises, variety of products and services produced and the levels of technology employed.  More than 94% of SMEs are unregistered, with a large number established in the informal or unorganized sector.  86% present of total business firms belong to the informal sector, i.e. Proprietorship and Partnership dominated by family run businesses.  Lack of professional strategic outlook in managing efficiently run business model.  Need for industry professionals involvement for removing historical redundant corporate business management practices while overseeing and implementing best practices… 8
  • 9. Need for Independent Director’s – SME’s (Family Run Businesses)  Corporate governance abuses that have come to light in the recent past have alarmed both the investors and the regulators about the manner in which corporate boards function.  Public scrutiny has grown immensely on how the promoters govern their businesses.  Independent directors have largely been passive and at times even riddled with conflicts of interest.  Corporate governance in present times makes it paramount upon family businesses to induct ‘truly’ independent directors on their boards to allow objective evaluation of the management’s performance and well-being of the company without any conflict of interest or undue influence of interested parties.  Inclusion of experienced professionals as independent directors on the board has gained importance not only for the stakeholders or minority shareholders but also for the promoters. 9
  • 10. Current Scenario & Future Outlook – SME Boardroom • Conventional boardroom with family • Paradigm shift in functioning of a professionally members/promoters business discussions managed board with independent director’s role as a coach • Absence of a true professional guide with right blend of business ethics and guiding growth • Inculcating objective view point to the board strategy with experience • Introducing a fresh & innovative perspective into • Need for a mentoring coach helping develop business DNA long-term plans allowing business to function efficiently & profitably • Balancing element between shareholders/promoters as objective judges of • Lack of direction to stakeholders and family run disagreements promoters on business strategic vision • Induction of business knowledge while challenging current thinking 10
  • 11. Typical Board Governance Structure Shareholders Board of Directors Information and Communication • Achievement of strategic objectives and value creation • Fulfil responsibilities and duties in law and prescribed functions Chairman Key Areas of Responsibility Board Strategy Board Operations Meetings Corporate Policies & Procedures Corporate Secretary Board Governance Instruments Reporting & Disclosure Monitoring and Evaluation Governance Board Committees CEO & Management System and Controls Audit Remuneration Other Executive Internal Controls Committee Committee Committees Committee & Assurance 11
  • 12. Independent Director’s at SME- Understanding Key Elements • Enrichment • Introducing SME Future Roadmap Value Addition Qualities of Talent • Knowledgeable Diversity Pool policy • Sensitive • Appoints directors through an independent • Mentoring and objective process • Objective • Establishes appropriate board committees • Objectivity in Business • Inquisitive External Perspective • Sharing information in a timely fashion with • Forthright independent directors • Oversight • Develops and follows a • Available code of conduct • Bridge family branches • Adopts a consultative • Prepared approach in setting meeting agendas • Good Team-workers • Records and shares minutes of the meeting 12
  • 13. Role of Independent Director’s  Independent directors have emerged as the cornerstones of the worldwide corporate governance movement.  Increased presence in the boardroom has been hailed as an effective deterrent to fraud and mismanagement, inefficient use of resources, inequality and unaccountability of decisions.  Most significant instrument of compliance with corporate governance.  They contribute to the board by constructively challenging the development of policy decisions and company strategies.  They scrutinize the performance of the management and hold them accountable for their actions. Their independence, on account of lack of affiliation which is likely to prejudice their decisions, allows them to fulfill these tasks more efficiently. 13
  • 14. Our Value Proposition- ‘We link Right People as professional decision mentors for your organization’ • Corporate governance • Qualified Industry professionals Riskpro management expert advisory & oversight • Subject matter experts in corporate governance • Prepare & publish enterprise mission statement • Plethora of industry wise experience in managing SME’s/ • Large unmatched database of • Enterprise policy statement to mid sized companies prospective experienced senior manage business growth engine professionals for recruitment • Enterprise succession planning • Systematic assessment of needs, comparing the • Management structure and company’s strategic plan with an level of professional qualification up-to-date profile of the skills relevant to industry and experience of the current board. • Stakeholder relations management • Understanding of the specific needs of the board and an • Legal and statutory compliance insight into the unique nature of a company — its people, its products and its strategy • SME industry interface services with right resources for the right Independent corporates SME’s Director 14
  • 15. How you Benefit- Independent Director Onboard Clear articulation of Protect and facilitate Promoting transparent and responsibilities among exercise of shareholder’s efficient market as per laws various authorities rights Encourage active co- operation between Timely and accurate Equitable treatment of all corporation, stakeholders, disclosures on material shareholder’s including with an opportunity to matters regarding minority and foreign obtain effective redress for ownership and governance violation for their rights Better governance Strategic guidance of the Effective monitoring of leading to higher company management by the board profitability & revenues 15
  • 16. Riskpro Clients Our Clients Banking/ Insurance Corporate MNC Banking Intl Consulting IT / Others *Any trademarks or logos used throughout this presentation are the property of their respective owners 16
  • 17. Team Experiences Our 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 17
  • 18. 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 in Operational 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 and abroad.  Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young Kuwait, 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. Major clients include banks, investment companies, manufacturing organizations, aviation etc. 18
  • 19. RESUMES - Our team Credentials  Co-Founder - Riskpro Casper Abraham  PGD (Electrical & Electronics & Computer Programming)  30 years of experience in Information & Communications Technology (ICT) Solutions for 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, Systems Modeling & Balanced Scorecard  Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,  Sr Vice President – Risk Management MBA, 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/ Lending operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting & Housing finance in BFSI industry having successfully led key business strategic engagements 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, Corporate Risk management.  Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance. 19
  • 20. RESUMES - Our team Credentials  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. 20
  • 21. RESUMES - Our team Credentials  Head – Taxation Risk Advisory Rajesh Jhalani  B.Com, FCA  Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra and 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 of India etc. President – Banking & Financial Services  A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics), Sivaramakrishnan CWA, CAIIB  Combined experience of 25+ years in corporate banking, risk management, international trade finance, development of risk rating models, project finance, credit monitoring and NPA management  Since 2006 conducting open / in-house training on the above domains to all Top public/ new and old private sector banks, top MNC banks (India and abroad), leading NBFCs 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 Award continuously two years during his tenure; widely travelled abroad for business relations, seminars, offering training, investor meetings, NYSE listing and for processes involving establishment of representative Office in USA 21
  • 22. RESUMES - Our team Credentials Executive Vice President – Risk Management ( Banking & Financial Services)  A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable domestic and international experience Kashi Banerjee  An aggregate experience of 24+ years across industry, mainly BFSI in several functional areas including Retail and Commercial Banking, Corporate Lending, team member of the Business Process Re-Engineering project (BPR); conceptualizing and setting up shared services centres for centralized operations for the Bank in India.  Management through ERM framework overseeing all key areas of the business through various Operational Risk tools like KRI / RCSA matrices. Managing of major project implementation of Basel II and Compliance risk framework  Directing, reviewing and advising Board of Directors on various compliance issues and representing the bank to the Central Bank regulatory offices.  Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai Holdings ( 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, USA 22
  • 23. RESUMES - Our team Credentials Executive 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 areas including Wholesale Credit Risk, Operational Risk, Trade Finance , Retail Banking and Islamic Financial Services.  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 banking entities in the Middle East.  Key strength includes Corporate Credits, Risk Management in IT, implementation of Risk Management module in core banking Bank’s Policies, procedures, Country Risk. Played an active role in 3 core banking software implementations  Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat Bahrain and BMI Bank Bahrain as AGM Risk Management.  Specialist Risk Consultant – ERP & IT Compliance Gourav Ladha  SAP 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, etc  Specializes 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 Services  Worked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services 23
  • 24. RESUMES - Our team Credentials  Vice President & Head – IT Risk Advisory Ravikiran Bhandari  Over 14+ Years of Experience in Information Security and Risk Management & CISM certified  Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide at Bangalore 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 about leading ethical hackers in India and published several articles in Print and Online Media  Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, Joint Ventures across several countries in the world including US, UK, China, Germany Vice President – Legal Risk Advisory Aashish Shrivastav   B.B.A. LL.B. (Hons.)  About half a decade experience in legal services to client’s with respect to Contract and Commercial Laws, Joint Ventures, Inbound & Outbound Investments, Private Equity Investment Transactions, Real Estate & Infrastructure, Energy and General Corporate.  Have advised various social enterprises and start ups in setting up business in India.  Worked for the leading law firms of India such as FoxMandal Little. 24
  • 25. RESUMES - Our team Credentials  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. 25
  • 26. 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 with Rolls-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, Indian corporate houses  Worked with McNally Bharat Engineering Company Ltd for 4 years  Vice President – Riskpro India  B. Com, ACA, Dip. IFRS Priti Tawari  Over 6 years of extensive audit and industry experience in all aspects of Finance, Taxation, Audit, Legal, Company Secretarial, Statutory compliances and due diligence, Internal Control, Budgets, Cash flows, Forecasts, MIS Reporting, HR, Expatriate & Office Administration, Payroll, IT, Project Accounts, etc.  Worked with Price Waterhouse Coopers for 3 years in audit & assurance for reputed MNCs, Indian corporate houses.  Engage in own practice since 2010 specialize in outsourcing of finance department in mid size MNCs and consultation in Indirect Taxes and Management Reporting 26
  • 27. RESUMES - PARTNERSHIPS  Specialist Risk Consultant – Business Continuity Andrew Hiles  Founder and 15-year Chairman of Survive, the first international user group for Business Continuity professionals  Founding director and first Fellow of the Business Continuity Institute  Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, and Business 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 for lifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine, 2004, Washington DC.  Specialist Risk Consultant – Enterprise Risk Management Chris E. Mandel  Highly skilled risk and insurance professional with 25 years of experience designing, developing and implementing large, global corporate risk management programs for Fortune 500 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/Tricon Global and American National Red Cross  Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty Mutual Insurance Co.  2004 Risk Manager of the Year – 2007 recipient of the Alexander Hamilton Award for “Excellence in ERM” (at USAA) – former President, Risk and Insurance Management Society, Inc. 27
  • 28. 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  Arbitrator’s Panel of Indian Council of Arbitration 28
  • 29. Key Contacts Corporate Mumbai Delhi Bangalore Riskpro India Ventures (P) Manoj Jain Rahul Bhan Casper Abraham Limited Director Director Director M- 98337 67114 M- 99680 05042 M- 98450 61870 info@riskpro.in manoj.jain@riskpro.in rahul.bhan@riskpro.in casper.abraham@riskpro.in www.riskpro.in Shriram Gokte Hemant Seigell Vijayan Govindarajan EVP - Risk Management SVP – Risk Management EVP – Risk Management C 561, Defence colony M- 99536 97905 M- 99166 63652 M- 98209 94063 New Delhi 110024 shriram.gokte@riskpro.in hemant.seigell@riskpro.in vijayan.govindarajan@riskpro.in Sivaramakrishnan Ravikiran Bhandari VP – IT President – Banking & FS Risk Advisory M- 98690 19311 M- 99001 69562 smaran.iyer@riskpro.in ravikiran.bhandari@riskpro.in Ghaziabad / Noida Chennai Kolkata Gurgaon Siddhartha Ghosh R. Muralidharan Kashi Banerjee Nilesh Bhatia EVP - Finance EVP – Risk Management EVP – Risk Management Head – Human Capital Mgt. M- 9810058072 M- 95660 77326 M- 98304 75375 M- 98182 93434 Siddhartha.Ghosh@riskpro.in murali@riskpro.in kashi.banerjee@riskpro.in nilesh.bhatia@riskpro.in R Gupta - Insurance Risk Asok Sit M- 98101 07387 EVP – Telecom Risk Advisory M- 98105 03463 asok.sit@riskpro.in Pune Salem Ahmedabad Hyderabad / Agra M.L. Jain Chandrasekeran Maulik Manakiwala Phanindra Prakash (Hyderabad) Principal – Strategy Risk Recruitment franchisee Member Firm Member Firm M- 98220 11987 M – 94435 99132 M – 98256 40046 M- 95500 61616 mljain@riskpro.in Gourav Ladha Alok Kumar Agarwal (Agra) Priti Tawari Sap 29 Risk Advisory Member Firm M- 9011054085 M- 97129 52955 M- 99971 65253