Ashutosh Agarwala

Ashutosh Agarwala Email and Phone Number

Independent Director | Insolvency Professional | Board Advisor | Business Turnaround | Financial Restructuring @
Ashutosh Agarwala's Location
Mumbai, Maharashtra, India, India
Ashutosh Agarwala's Contact Details

Ashutosh Agarwala work email

Ashutosh Agarwala personal email

n/a
About Ashutosh Agarwala

Enriched with >30 years of hands-on experience, and have extensively cultivated & maintained relationships with professional contacts and associates. Have effective communication & presentation skills.Proven capability of building & leading competent teams to perform & succeed under demanding circumstances. Have travelled worldwide with good insights of various business practices & social cultures.Well-conversant with the formulation, articulation and deployment of actionable business strategies for enhancing the operational performance & for accomplishing the sustainable future growth.Consistent record of success in translating strategy into implementable & understandable projects, and development of the projects from initial concept to ground breaking stage.In-depth understanding of detailed evaluation of investment proposals and mobilization of financial resources while minimizing financing risks and costs through optimal funding structures & strategies.Good exposure to negotiating, structuring & concluding acquisitions after fair valuation & due diligence besides initiating and finalizing strategic collaboration & partnering for harnessing synergies.Management & Administration of Operations under uncertain business environment through practical judgment and decisive leadership besides fostering business improvement & operational excellence initiatives.

Ashutosh Agarwala's Current Company Details
Excedor Resolvency Private Limited

Excedor Resolvency Private Limited

Independent Director | Insolvency Professional | Board Advisor | Business Turnaround | Financial Restructuring
Ashutosh Agarwala Work Experience Details
  • Excedor Resolvency Private Limited
    Non-Executive Director
    Excedor Resolvency Private Limited Oct 2020 - Present
    Mumbai, Maharashtra, India
    Excedor Resolvency Private Limited is a recognized Insolvency Professional Entity (IPE) with Recognition No. IBBI/IPE/119, promoted by experienced and qualified Insolvency Professionals (IPs), and has the professional expertise and relevant experience to provide entire spectrum of support services as are envisaged under the provisions of Insolvency & Bankruptcy Code, 2016. Besides the Insolvency Resolution Process for Corporates and Individuals, Excedor has the requisite capabilities to handle Corporate Liquidation and Individual Bankruptcy Processes also. Its highly diverse team comprising of Chartered Accountants, Company Secretaries and other professionals can extend assistance in statutory compliances, claims management, transaction advisory, performance management, business restructuring, and other business services.
  • Insolvency And Bankruptcy Board Of India (Ibbi)
    Insolvency Professional
    Insolvency And Bankruptcy Board Of India (Ibbi) Jul 2018 - Present
    Mumbai Area, India
    Insolvency Professional (IP) certified by Insolvency and Bankruptcy Board of India (IBBI) with Registration No. IBBI/IPA-001/IP-P01123/2018-19/11901 with authorization to undertake the functions of Resolution Professional, Liquidator and Bankruptcy Trustee under the Insolvency and Bankruptcy Code, 2016 (IBC). Handling Insolvency Proceedings in an objective and efficient manner and performing the duties as per the provisions of IBC and other applicable rules and regulations, for maximizing and preserving the value of the stressed assets for the benefit of the creditors. Currently empaneled as an Insolvency Professional with various Banks like SBI, IDBI, BOB and others, and have proven expertise of successfully managing various assignments for them.
  • Professional
    Board Advisor
    Professional Sep 2017 - Present
    Mumbai Area, India
    Providing the services of "Board Advisor" or "Business Partner" to proactively or reactively assist in the financial and commercial evaluation of opportunities to improve business performance, or develop the business in new areas and directions. We are not limited to passive performance reporting or analyzing but actively contribute to the thought process of business and commercial design. That entails working with other areas of the business, including marketing, operations, IT, HR and most importantly with the CFO, CEO and the Board of Directors, and put together Business plans and cases, and helping translate these into strategic projects.As a Board Advisor or Business Partner, we are more like a catalyst for new ideas and change, a collaborator (in jointly solving problems or addressing opportunities) or a consultant; above all we will be the organization’s conscience, reminding the CEO/Directors not to overlook issues. Our core activities for a advising and partnering role with the business are:- ensuring transparency of financial performance across the business- working to achieve breakthroughs and continuous improvements in business performance with line managers- jointly identifying and evaluating growth opportunities, acquisitions, integration, or the turnaround of a particular business area- efficiently and effectively allocating resources, particularly in terms of investment and costs assessing and evaluating key business and financial risks, and testing risk-reward equation- focusing further on economic value added throughout the business and in all decision-making- managing the finance function on a lean basisAs a Board Advisor or Business Partner we implant myself in the client’ organizations and may be co-opted onto strategic project teams as a member or even team leader or it may involve working in parallel with a group of managers to produce a business case for investment or change, such as outsourcing or automation.
  • Kroll
    Senior Advisor
    Kroll Oct 2018 - Apr 2020
    Mumbai Area, India
    Retained as "Senior Advisor" by Kroll (Duff & Phelps),a diversified global financial advisory services firm with turnover of USD 1 billion, having full suite of skills to provide Financial Restructuring & Turnaround Management services across the entire business cycle. Its global team brings to engagements an array of complementary technical and industry expertise for true "added value" to its clients across broad range of industries. Has successfully handled various large mandates relating to restructuring advisory and insolvency resolution, and had been instrumental in developing the restructuring business of Kroll (Duff & Phelps) in India.
  • Essel Infraprojects Ltd.
    Group Cfo
    Essel Infraprojects Ltd. Sep 2016 - Sep 2017
    Mumbai Area, India
    Oversee the management and coordination of all fiscal reporting activities including revenue/expense and balance sheet reports, reports to funding agencies and annual financial statements in accordance with IGAAP & Ind-AS standards with other required supplementary schedules and information. Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits. Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters. Work with Business Teams to prepare the operating budget and ensure programmatic success through cost analysis support, and compliance with all contractual and statutory requirements. Participate in analyzing new business, specifically assist the CEO in identifying new funding opportunities, drafting of prospective budgets and determining cost effectiveness of proposals. Monitor banking activities and ensure adequate cash flow to meet the opex and capex needs. Oversee business insurance plans and health care coverage analysis and maintenance of the inventory of all assets.
  • Reliance Power Limited
    President Finance & Cfo
    Reliance Power Limited Jun 2014 - Sep 2016
    Mumbai Area, India
    Working as President Finance & CFO at Reliance Power Limited, a listed entity with asset base of more than INR 50 billion and engaged in power generation through Thermal Power Plants and Solar Power Plants with aggregate capacity of about 6 GW. The Company has recently commissioned largest integrated coal-based thermal power plant of 4000 MW power generation and 20 million tonnes coal mining capacities. Managing the preparation and finalization of financial statements based on IGAAP/Ind-AS and establish/upgrade the Internal Financial Controls (IFC) and General Information Technology Controls (GITC) for ensuring accurate and timely financial reporting. Planning and optimizing the direct and indirect taxes and filing of returns. Formulating the Risk Management Framework for assessing & mitigating the financial risks through foreign currency and interest rate hedges and also protecting the industrial assets by taking adequate insurance coverage. Arranging the working capital facilities and monitoring and controlling the cashflows of the Company including the accounts payables and receivables position. Ensuring timely payment of all debt obligations and investing surplus cash in the liquid and safe securities. Supervise the viability analysis of investment proposals and preparation of Information Memorandum/Placement Document and mobilize equity and debt funds for the capital-intensive projects though public issuance or private placement. Interact with the Analysts and Investors to update on the financial results and important events.Involved in all the general management affairs as the senior most executive of the Company and have a direct reporting to the Apex Management comprising of the Group Directors.
  • Essar Steel India Ltd.
    Director & Cfo
    Essar Steel India Ltd. Mar 2013 - Jun 2014
    Mumbai Area, India
    Worked as Director Finance & Chief Financial Officer at Essar Steel India Limited, the flagship company of USD 25 billion Essar Group, having capacity of ~10 million tpa of molten steel and is amongst the leaders in the flat steel products in India. Was overseeing the financial planning as well as business operation of various Divisions of Steel Business with aggregate invested capital of more than USD 5 billion and was accountable for its targeted performance.Contribute fully to the development of company strategy across all areas of the business, challenge assumptions and facilitate decision-making by the management and also provide financial analysis and guidance on all activities, plans, targets and business drivers. Manage company policies regarding capital requirements and lead the initiatives for raising short and long term financing involving inter-alia structuring of deals, negotiation of documents and disbursement of funds. Establish a high level of credibility and manage strong working relationships with external parties including bankers and advisors. Was a Director on the Board of Directors with direct reporting to the Managing Director.
  • Jindal Steel & Power Ltd.
    Director (Finance) & Cfo
    Jindal Steel & Power Ltd. Jul 2010 - Mar 2013
    New Delhi Area, India
    Worked as Director - Finance & Chief Financial Officer with Naveen Jindal Group at its power business and later in its steel business. Jindal Steel and Power Ltd (JSPL), a listed company, is one of the leading producers of steel in India and has been amongst the top wealth creators with market capitalisation of more than USD 5 billion. Jindal Power Limited (JPL) is a subsidiary of JSPL engaged in generation of power having footprint across the entire spectrum of value chain from power generation to power transmission. Was entrusted with responsibility of the entire Finance & Accounts Function in this role and also participated in key decisions in Procurement & Contracting as well as Business Development matters. Was a member of the Leadership Team and contributed to all critical business initiatives with direct reporting to Managing Director & CEO.
  • Gmr Group
    Chief Financial Officer - Strategic Finance
    Gmr Group Sep 2007 - Jul 2010
    Mumbai Area, India
    Worked as Chief Financial Officer - Strategic Finance in this premier entrepreneurial organization, engaged in development and management of infrastructure, both locally and globally. GMR Infrastructure Limited is the listed flagship company of the GMR Group with market capitalisation of about US$ 5 billion from airport infrastructure, energy generation, road transportation and other core sectors. Headed the dedicated Branch Office at Mumbai for all Financial Functions & Relations of GMR Group. Had direct reporting to Corporate Chairman & Group CFO in this senior level position.
  • Aditya Birla Group
    Vice President - Strategy & Business Development
    Aditya Birla Group Oct 2003 - Sep 2007
    Mumbai Area, India
    Identification and Evaluation of potential large scale Greenfield and acquisition opportunities; coupled with mobilization of resources and forging of alliances for their successful implementation. Leading the installation & construction of greenfield projects as also structuring & concluding of acquisition transactions. Finalizing and executing contracts with various process engineering and project management consultants, and directing market research and analysis.
  • Nagarjuna Fertilizers And Chemicals Limited
    Head - Business Strategy & Corporate Planning
    Nagarjuna Fertilizers And Chemicals Limited Feb 2002 - Oct 2003
    Hyderabad Area, India
    Analyze the business landscape for potential consolidation & diversification opportunities; Guide the preparation of written proposals in respect of grassroot projects and/or takeover targets for decision-making. Initiate & formalize strategic partnerships & collaborations and obtain statutory clearances and mobilize financial resources.
  • United Phosphorus Ltd
    General Manager - Corporate Planning
    United Phosphorus Ltd May 1998 - Feb 2002
    Mumbai Area, India
    Supervise & Coordinate the annual Operations Planning & Budgeting exercise as per the agreed activities calendar. Participate in business strategizing, and also oversee the implementation of various critical projects & programs upto the desired standards. Mobilize requisite financial resources based on the capital expenditure requirements, and also interact with various agencies to arrange the funds. Conceptualized this agricultural portal venture Agrinet Solutions Limited and also formulated its Business Strategy and translated it into bankable Revenue Model. Managed day-to-day affairs of this profit center as COO under theoverall control of the Board of Directors
  • Refer Corporate Services Ltd.
    Business Consultant
    Refer Corporate Services Ltd. Aug 1994 - May 1998
    Mumbai Area, India
    • Assisted Companies in raising Structured Finance through equity, debt and other hybrid instruments while minimizing financing risks and costs; and also prepared Techno-Economic Feasibility Reports for this purpose.• Raised Start-up & Scale-up Venture Capital for innovative businesses with good prospects by supporting formulation of bankable strategy blueprint, and identifying initiatives required to achieve targeted growth. • Handled Turnkey Project Consultancy mandate for Bulk Drugs Plant involving capital outlay of about Rs. 10 crores including concept development, funds mobilization, team recruitment and project execution as per defined criteria.• Prescribed Custom Solutions for Business Problems having significant impact on bottomline performance besides rendering day-to-day managerial assistance till the assured outcomes are accomplished.
  • Icici Bank
    Manager
    Icici Bank May 1988 - Aug 1994
    Mumbai Area, India
    • Assessed economic viability of project proposals of various reputed companies like Reliance, Cipla, Arvind and others with large capital outlays, taking into account marketing, technical, commercial, financial and other factors.• Designed the optimal business financing structure using suitable financial instruments for capitalization of various concerns besides undertaking impact analysis of relevant internal & external business risks. • Negotiated and Executed various legal contracts for financial assistance and ensured compliance with them, and also reviewed operational & financial performance of assisted companies periodically to preserve the moneys.
  • Shriram Fertilizers & Chemicals
    Officer
    Shriram Fertilizers & Chemicals May 1984 - May 1986
    New Delhi Area, India
    Received on-the-job training in all functions including chemical plant operations and independently handled the chemical plant running and maintenence.

Ashutosh Agarwala Skills

Strategy Business Strategy Mergers And Acquisitions Management Investor Relations

Ashutosh Agarwala Education Details

Frequently Asked Questions about Ashutosh Agarwala

What company does Ashutosh Agarwala work for?

Ashutosh Agarwala works for Excedor Resolvency Private Limited

What is Ashutosh Agarwala's role at the current company?

Ashutosh Agarwala's current role is Independent Director | Insolvency Professional | Board Advisor | Business Turnaround | Financial Restructuring.

What is Ashutosh Agarwala's email address?

Ashutosh Agarwala's email address is as****@****lps.com

What schools did Ashutosh Agarwala attend?

Ashutosh Agarwala attended Indian Institute Of Management Bangalore, Indian Institute Of Technology (Banaras Hindu University), Varanasi.

What skills is Ashutosh Agarwala known for?

Ashutosh Agarwala has skills like Strategy, Business Strategy, Mergers And Acquisitions, Management, Investor Relations.

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