29 Years of Professional Experience

MAJOR ACHIEVEMENTS

1. Started career with Tata Iron & Steel Co., Ltd., after getting Ranks both in C.A. and I.C.W.A., Professional Courses.
   
   
2. Entered Profession of Cost & Management Consultancy in 1983 and got expertise over 35 Industries on all the aspects of Cost Control, Cost Reduction and Corporate Management, given services to more than 100 Companies.
   
   
3. Associated with Government of India on the following Committees as Member:
   
   • As Member of Informal Advisory Committee of Department of Company Affairs – associated with development of Cost Accounting Record Rules for various Industries
   • Developed Cost Accounting Record Rules for Banking Industry on behalf of Institute of Cost and Works Accountants of India.
   • Prasar Bharati Restructuring Committee (2005 – 2006)
   • Expert Group on Transfer pricing – Dept. of Company Affairs (2002)
     
     
4. Associated with Government of Andhra Pradesh on many High Level Committees. Some of them are:

   Chairman:

   • Expert Committee on Urban Cooperative Banks
   • One Man Committee on Review & Audit of AP TRANSCO Claims

   Member:

   • TTD Investment Committee - Tirupathi
   • Expert Committee on Restructuring of Co-op. Credit Institutions
   • Fiscal Reforms Implementation Committee
   • Restructuring Committee on State Level PSUs etc.,

   Held various Board Level positions in the Industry. Presently Director on the Boards of:

   • IDBI Bank Ltd.,
   • LIC Housing Finance Ltd.,
   • Special Invitee – Board of Supervision – NABARD
   • IFCI Ltd.,
   1. On the Board of UTI Bank Ltd.(presently AXIS Bank Limited) (1999 - 2004) and IDBI (since 2001) and has been Chairman of Audit Committees at both the Institutions, contributed in strengthening Internal Control Systems and in ensuring their compliance.
      
      
   2. Associated as Trustee on the Board of UTI during 2002-03 at the time of streamlining Organization.
      
      
   3. As Chairman of the Expert Committee on Urban Co-op. Banks (UCBs) in A.P., analysed the performance of more than 140 UCBs. Recommendations of the Committee are well received / accepted, being implemented by the concerned agencies.
      
      
   4. As Chairman of SWIL Ltd. (Presently Jhagadia Copper Ltd.,) (as FI’s Nominee), successfully overseen the completion of Rs. 1200 Cr. Copper Project, with substantial savings in the final phase.
      
      
   5. Member, Advisory Committee – Administrative Staff College of India, Hyderabad
      
      
   6. Associated with “State Financial Accountability Assessment of AP Government” under the World Bank Scheme
      
      
   7. Earlier held Directorship on the Board of “Andhra Pradesh Industrial Development Corporation Limited”, Hyderabad, earlier.
      
      
   8. Conducted several Special Audits/Investigations on behalf of Central Excise Department & Banks
      
      
   9. Instrumental in getting Cultural Change in several Companies in getting Systems Approach and Cost Consciousness. “COST REDUCTION IS POSSIBLE ONLY BY BRINGING AWARENESS AT SHOP FLOOR LEVEL”.
      
      
   10. Implemented Cost Reduction Programmes in various Large and Medium Industries.
       
       
   11. Developed various modules on Cost Reduction in many industries to name a few Caustic Soda, Aluminium, Cement, Paper, Textiles, Ceramics, Milk Dairies, Edible Oils, Ferro Alloys and successfully implemented them.
       
       
   12. Conducted several Management Development programmes for Top Level Management Personnel.
       
       
   13. Presented papers in various seminars conducted by ICAI, ICWAI and ICSI.

CAREER SLOGAN

“ACHIEVE EXCELLENCE THROUGH VALUES - GROWTH THROUGH INTEGRITY, COMMITMENT AND SINCERITY WITH HIGH PROFESSIONAL ETHICS”.