1. 6th Annual
Post event report
Navigate through uncertainty - achieve sustainable growth
September 13th - 14th 2012, JW Marriott Hotel, Mumbai, India
www.cfostr ategiesin.com
2. 6th Annual
Introduction
Naseba thanks you for your support
I would like to thank you for participating at the 6th Annual CFO Strategies Forum India on September 13th and 14th 2012 at the
JW Marriott Hotel in Mumbai, India.
The forum was hosted under the theme ‘Navigate through uncertainty - achieve sustainable growth’. During the two days you
listened to revealing panel discussions, insightful keynote presentations and attended interactive workshop sessions on topics
relevant to the theme. Furthermore, you shared points of view and experiences with your finance peers.
This forum hosted nearly 130 C-level executives, directors, executive vice presidents, presidents as well as managing directors in
the field of finance from the leading companies in India.
This post-event report gives you a breakdown and reference guide to the proceedings and also provides you with information on
our upcoming events.
I hope that the insights you have gained by attending our event will help you to navigate through these uncertain times and achieve
sustainable success - on a personal as well as a professional level.
On behalf of naseba, I would like to sincerely thank our Gold sponsors, Host Analytics and IBM, and Silver sponsors Bloomberg
and India Insure - as well as our distinguished speakers and delegates who committed their time and support to this event.
Your contribution made the 6th Annual CFO Strategies Forum India a great success and I am looking forward to hosting you
again during our 7th edition on September 12th and 13th 2013.
Kind regards,
Karin Gabriel
Event Producer
3. 6th Annual
Overview
Day one:
The forum’s theme - ‘Navigate through uncertainty - achieve sustainable growth’ - was broken down into three levels:
1. ECONOMIC: Global and national
2. CORPORATE: Functional
3. PERSONAL: Career
The forum opened with a keynote speech by Nitin Jaiswal, Head of Sales ASEAN at Bloomberg LP, analysing the current
economic situation of India and why the country is currently facing a ‘seven year itch’. Dr Paritosh Basu, Group Controller at Essar
Group, then shared the best strategies for a risk management oriented approach for IP and listing of equity shares.
Following this, Indranil Pan, Chief Economist at Kotak Mahindra Bank; Dr Paritosh Basu; R Kannan, Head of Corporate
Performance Management at Hinduja Group; and Nitin Jaiswal discussed how to master financial risk management.
The afternoon began with workshops - the first featured Keri Brooke, Vice President of Marketing at Host Analytics, who offered
her insights on how CFOs can use cloud for corporate performance management. David Hatt, Asia Pacific Solutions Manager at
IBM, then provided valuable input on how to transform the office of finance through analytics. Prashant Tewari, Country Manager
- Business Analytics India/South Asia at IBM and Rejesh Shewani, Technical Sales Leader for the company in India and South
Asia, demonstrated how CFOs can improve performance insight and forecasting.
With a keynote speech named CFOs and HR: Money can’t buy you happiness; but perhaps a happy employee? Vippin Chandra,
Director at India Insure Risk Management began the corporate section of the two days - focusing on the day-to-day job of a
CFO. Following this, Homi Khusrokhan, Senior Adviser at Tata Capital Ltd, shared his insights alongside with Amrita Chowdhury,
Associate Director at Harvard Business School and R Kannan on corporate governance.
Day two:
The morning of the second day included an analysis of the link between technology and finance. Following this, Jyotsna Sharma,
CFO and Vice President IT at NRB Bearings Ltd; Satish Pendse, President at Highbar Technologies Ltd; Tarun Bhargava,CFO
at Future Corporate Resources Limited; and Gulshan Dua, Country Controller and Freescale Seminconductor at India Pvt Ltd,
analysed from different angles how technology can support CFOs in fulfilling their financial goals.
The rest of the day was dedicated to topics focusing on the CFO as a person. Minocher Patel, India’s leading motivational speaker
and success/image coach presented the key to being a successful leader in today’s world.
Jyotsna Sharma provided an empowering insight how CFOs can become CEOs, before a panel discussion entitled Leaders
need a vision: CFO - from controller to business partner to transformation agent. What is demanded from you now? concluded
the forum. The panel was led by Bhaswar Mukherjee, Director Finance at Hindustan Petroleum Corporation Ltd;
Nina Chatrath, Senior Partner - Leadership Consulting at Transearch; R Shankar Narayan, CFO at Bennett Coleman & Co Ltd
as well as S Varadarajan, Executive Director and Group CFO at VA TechWabag and Giri Giridhar, President Finance at
Wockhardt Ltd.
4. 6th Annual
Speakers
Nitin Jaiswal Prashant Tewari
Head of Sales, ASEAN Country Manager - Business Analytics,
Bloomberg India/South Asia
IBM
Indranil Pan Rajesh Shewani
Chief Economist Technical Sales Leaders - Business
Kotak Mahindra Bank Analytics, India/South Asia
IBM
Dr Paritosh Basu Vippin Chandra
Group Controller Director
Essar Group India Insure Risk Management
R. Kannan Homi Khusrokhan
Head of Corporate Performance Senior Advisor
Management Tata Capital Ltd
Hinduja Group
David Hatt Amrita Chowdhury
Asia Pacific Solutions Manager Associate Director of Education
IBM Harvard Business School Research
Center
Keri Brooke Jyotsna Sharma
Vice President Marketing Chief Financial Officer & VP IT
Host Analytics NRB Bearings Ltd
5. 6th Annual
Speakers
Satish Pendse Nina Chatrath
President Senior Partner - Leadership Consulting
Highbar Technologies Ltd Transearch
Tarun Bhargava R. Shankar Narayan
Chief Financial Officer Chief Financial Officer
Future corporate Resources Limited Bennett Coleman & Co Ltd
Gulshan Dua S. Varadarajan
Country Controller Executive Director & Group Chief Financial
Freescale Semiconductor India Pvt Ltd Officer
VA Tech Wabaga
Minocher Patel Giri Giridhar
Internationally acclaimed & India's leading President Finance
motivational speaker and success/image Wockhardt Ltd
coach
Ecole Solitaire
Bhaswar Mukherjee
Director Finance
Hindustan Petroleum Corporation Ltd
6. 6th Annual
Attendee list
Managing Director 20 Microns Limited
Vice President Finance Aarti Drugs Limited
Vice Chairman Aarti Industries
Vice President Finance Aditya Birla Carbon
Chief Financial Officer and Regional Head,
Ahmednagar Forgings Limited
Finance Accounts and IT
Chief Financial Officer AIG
Vice President, Finance Allcargo Logistics Limited
Vice President Finance and Controller American Tower India Tower Corporation Limited
Chief Operating Officer Antwerp Diamond Bank
Director, Corporate Accounts AOS Studley India
Chief Financial Officer Aramark India Private Limited
President, Finance and Corporate Affairs Arshiya International Limited
Senior Vice President, Finance Asia Motor Works Limited
Chief Financial Officer Astral Poly Technik Limited
Head-Finance BalmerLawrie-Van Leer Limited
Chief Financial Officer Bennett Coleman & Co Limited
Chief Financial Officer Berggruen Hotels Private Limited
Finance Director Bristol-Myers Squibb India Private Limited
General Manager (Maharashtra Circle) Finance BSNL
President Corporate Finance Binani Industries Limited
Executive Vice President, Finance Binani Industries Limited
Chief Financial Officer Birla Carbon
Chief Financial Officer BNP Paribas
Finance Director BNP Paribas
Vice President Treasury Ceat Limited
Group Chief Financial Officer City Group Company, KSC
Chief Financial Officer Cleartrip
Chief Financial Officer Creative Mark Engineering Solutions Private Limited
Chief Financial Officer D-Link (India) Limited
Finance Controller Dow Chemical International Private Limited
Finance Controller Eaton Corporation
Internationally acclaimed and India's leading
Ecole Solitaire
motivational leader
Chief Financial Officer Elecon Engineering
Vice President Finance Endress+Hauser (India) Private Limited
Vice President, Finance Enercon India Limited
Group Controller Essar Investments Limited
Chief Financial Officer Federation Of Indian Chamber Of Commerce And Industry
Country Controller and Company Secretary Freescale Semiconductor India Private Limited
Chief Financial Officer Future Value Retail Limited
Chief Financial Officer Gammon India Limited
Chief Financial Officer Gammon Infrastructure Projects Limited
Vice President, Finance Gujurat Heavy Chemicals Limited
7. 6th Annual
Attendee list
Associate Director, Education Harvard Business School India
Chief Economist & Senior Vice President HDFC Bank
Assistant Vice President, Finance HDFC Securities Limited
President Highbar Technologies Limited
Head Corporate Performance Management Hinduja Group
Chief Financial Officer Hindustan Colas
Chief Financial Officer Hindustan Construction Company
Vice President, Accounts Hindustan Construction Company
Director Finance Hindustan Petroleum Corporation Limited
Director , Finance IDFC Asset Management Company Limited
Chief Financial Officer IL and FS Financial Services Limited
Senior Vice President, Banking and Finance Jain Irrigation Systems Limited
Chief Financial Officer K Sera Sera Limited
Chief Financial Officer Kokuyo Camlin Limited
Chief Economist Kotak Mahindra Bank
Head, Finance Kuoni Business Travel India Private Limited
Chief Financial Officer Laxmi Diamond Private Limited
Group Chief Financial Officer Manipal Technologies Limited
Chief Financial Officer Mantri Realty Limited
Chief Financial Officer Manugraph India Limited
Group Chief Financial Officer and Finance Director Mastek Limited
Director Finance Mazagon Dock Limited
Chief Financial Officer Meu Cabs
General, Treasury MIRC Electronics
Chief Financial Officer Neptune Developers Limited
Chief Financial Officer and Compliance Officer Nesco Limited
Vice President, Finance Netmagic Solutions Private Limited
Vice President, Finance and Accounts Network 18 Media
Senior Vice President Nielsen
Chief Financial Officer Nirmal Lifestyle Limited
Chief Financial Officer and Vice President IT NRB Bearings Limited
Associate Director Finance and Company Secretary NycomedPharma Private Limited
Financial Controller Oberoi Realty Limited
Chief Financial Officer Omkar Realtors Developers
President, Finance P C Jewellers Limited
Head, Finance and Accounts Petron Engineering Construction Limited
Director Finance Rashtriya Chemicals And Fertilizers
Chief Financial Officer Rediff.com India Limited
Chief Financial Officer Reliance Cement Company Private Limited
Vice President, Head Business Commercial, DTH and IPTV Reliance Communications
Chief Financial Officer Reliance Infrastructure Limited
Vice President Reliance Life Sciences Private Limited
Head, Accounts and Taxation Reliance Media Works Limited
Head of Treasury and Shared Services Reliance Retail Limited
8. 6th Annual
Attendee list
Chief Financial Officer Reliance Retail Limited
Chief Financial Officer RohaDyechem Limited
Executive Director Rolta India Limited
Head Finance Roots Corporation Limited
Associate Vice President, Group Corporate Finance RSB Transmission
Senior Director Accounting and Taxation Sanofi India Limited
Vice President Finance Saurashtra Cement Limited
Director Finance Scope Chemicals
Customer Care Associate and Chief Financial Officer Shoppers Stop Limited
Chief Financial Officer Siemens Enterprise Communications Private Limited
Managing Director Sizer Metals Private Limited
Director Solutia Chemicals India Private Limited
Country Lead and Director Solutia India
Chief Financial Officer and Vice President, Finance Styrolution ABS (India) Limited
Senior Vice President Sun Apollo
Chief Operating Officer Svasti Microfinance
Senior Adviser Tata Captial Limited
Chief Financial Officer Tata Motors Finance Limited
Chief Financial Officer Techprocess Solutions Limited
President and Chief Financial Officer Thomas Cook India Limited
Senior Partner, Leadership Consulting Transearch
Head Finance, IWG VA Tech Wabag
Executive Director and Group Chief Financial Officer VA Tech Wabag
Chief Financial Officer VVF Limited
Senior Vice President , Finance Welspun Global Brands Limited
President, Finance Wockhardt Limited
9. 6th Annual
Event testimonials
“It is a very good platform to connect with colleagues and understand the industry’s potential.”
CFO, Meru Cabs
“Well organised event with the right content presented in the perfect format.”
CFO, Antwerp Diamond Bank
“naseba’s organisation of the event was very good and the list of topics chosen and the speakers were appropriate for the
audience.”
Head of Corporate Performance Management, Hinduja Group
“The CFO Summit was an excellent opportunity to meet and share ideas with Indian finance leaders.”
Vice President International, Host Analytics
“It has been a pleasure coordinating with naseba for this event. Very well organised and we hope to get considerable mile-
age from the event.”
Vice President, India Insure
“The event gives the opportunity to get updated knowledge and expert opinions on current topics related to the CFO and
challenges to business.”
CFO and Vice President Finance, Styrolution ABS IndiaLtd
“This 6th Annual CFO Strategies Forum was like an art of living and learning sessions for today’s finance professionals to
help them cope with uncertainties while keeping the performance of the organisation intact.”
Assistant Vice President Finance, HDFC Securities Ltd
“Frank and open discussions with panel members on key topics which affect finance and control.”
Vice President and Head of Commercial Business, Reliance Communications
“Excellent platform for sharing knowledge and experiences, while providing ample opportunities to network.”
Controller, Eaton Corporation
“Excellent event merged with the opportunity to be exposed to the business solutions for improving effectiveness.”
President, Arshiya International Ltd
10. 6th Annual
Attendee breakdown by job title
41% Group Chief Financial Officer & Chief Financial Officer
18% Senior Vice President Finance & Vice President Finance
16% Executive Director Finance & Director Finance
5% Others
6% Head of Finance
5% President Finance
4% General Manager
3% Managing Director
2% Chief Operating Officer
Breakdown of attendees by sector
Automotive 3%
Banking/investment/trading 5%
Cement 2%
Chemicals 9%
Clothing and accessories 2%
Communication/media 3%
Diversified industries - conglomerates 2%
Energy 6%
Professional & financial services 7%
Food 2%
Hospitality/travel 5%
Industrial machinery 2%
Information technology & telecom 14%
Infrastructure 2%
Logistics 3%
Manufacturing/engineering 15%
Metals 2%
Pharmaceutical manufacturers 8%
Real estate 6%
Retail 2%
0 3 6 9 15
11. 6th Annual
Photo gallery
THE CURRENT ECONOMIC SITUATION - ‘THE SEVEN YEAR ITCH’
Nitin Jaiswal (Head of Sales ASEAN, Bloomberg)
RISK MANAGEMENT ORIENTED APPROACH FOR IPO AND LISTING OF EQUITY SHARES
Dr Paritosh Basu (Group Controller, Essar Group)
12. 6th Annual
Photo gallery
MASTERING FINANCIAL RISK MANAGEMENT
Indranil Pan (Chief Economist, Kotak Mahindra Bank) - R. Kannan (Head of Corporate Performance
Management, Hinduja Group) - Nitin Jaiswal (Head of Sales ASEAN, Bloomberg) - Dr Paritosh Basu
(Group Controller, Essar Group)
CFO PERFORMANCE INSIGHT AND FORECASTING
Rajesh Shewani (Technical Sales Leaders - Business Analytics, India/South Asia, IBM) and
Prashant Tewari (Country Manager - Business Analytics, India/South Asia, IBM)
13. 6th Annual
Photo gallery
TRANSFORM OFFICE OF FINANCE THROUGH ANALYTICS
David Hatt (Asia Pacific Solutions Manager, IBM)
THE CLOUD, THE CFO AND CORPORATE PERFORMANCE MANAGEMENT
Keri Brooke (Vice President Marketing, Host Analytics)
14. 6th Annual
Photo gallery
CFOS AND HR: MONEY CAN’T BUY YOU HAPPINESS; BUT PERHAPS A HAPPY EMPLOYEE?
Vippin Chandra (Director, India Insure Risk Management)
CORPORATE GOVERNANCE: FIND A CHANCE IN THE CHALLENGE
Amrita Chowdhury (Associate Director of Education, Harvard Business School Research
Center) - R. Kannan (Head of Performance Management, Hinduja Group) -
Homi Khusrokhan (Senior Adviser, Tata Capital Ltd)
15. 6th Annual
Photo gallery
SMARTER ANALYTICS FOR THE OFFICE OF FINANCE
David Hatt (Asia Pacific Solutions Manager, IBM)
CFOS AND IT: FINANCE AND INFORMATION TECHNOLOGY - THE COLLABORATIVE TRENDS
Tarun Bhargava (Chief Financial Officer, Future corporate Resources Limited) - Gulshan Dua (Country
Controller, Freescale Semiconductor India Pvt Ltd) - Jyotsna Sharma (Chief Financial Officer & VP IT,
NRB Bearings Ltd) - Satish Pendse (President, Highbar Technologies Ltd)
16. 6th Annual
Photo gallery
THE ART AND SCIENCE OF SURVIVAL AND SUCCESS AS A LEADER: HAPPY LEADERSHIP
Minocher Patel (Internationally acclaimed & India’s leading motivational speaker and success/image
coach, Ecole Solitaire)
CFOs LADDER UP, CFO TO CEO
Jyotsna Sharma (Chief Financial Officer & VP IT, NRB Bearings Ltd)
17. 6th Annual
Photo gallery
LEADERS NEED A VISION: CFO – FROM CONTROLLER TO BUSINESS PARTNER TO
TRANSFORMATION AGENT. WHAT IS DEMANDED FROM YOU NOW?
Giri Giridhar (President Finance, Wockhardt Ltd) - Bhaswar Mukherjee (Director Finance, Hindustan
Petroleum Corporation Ltd) - Nina Chatrath (Senior Partner – Leadership Consulting, Transearch) -
R. Shankar Narayan (Chief Financial Officer, Bennett Coleman & Co Ltd) - S. Varadarajan (Executive
Director & Group Chief Financial Officer, VA Tech Wabag)
NETWORKING OPPORTUNITIES