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I have extensive experience in the financial services/banking industry having worked in India, Hong Kong and the United States for global FIs. I have deep & wide domain expertise in financial risk management and Pvt Equity. My focus is on shaping the risk strategy and appetite across the firm for balance sheet optimization and enhancing risk-adjusted financial returns. Responsible for managing and mitigating risks on an enterprise wide basis and defining the risk policies and procedures. Traveled extensively to cover global markets for key financial products. Wide exposure & experience of having covered major countries of the APAC region. Have participated at the board level at a tier 2 regional bank in Japan and a large pan-Asian reinsurer based in Singapore. I have experience and deep professional interest in all aspects of corporate debt workouts, restructuring and recapitalization. My particular focus area is cross-border restructuring.Mentor a large team of associates, I also extensively interact with external stakeholders like the regulators, auditors, rating agencies and business partners.I closely follow Basel 3+ and Solvency II and Capital Planning (CCAR and ICAAP) and their implementation within client institutions. I believe that a sound risk strategy is critical to driving the "safe and secure" growth of the business and to ensure meticulous compliance to the rules & regs. This is especially important in the post "GFC" world given that the financial services sector has wider global linkages and multi-jurisdictional exposure. Personally, I am a jazz music (cool, smooth styles) aficionado, a weekend runner and when possible travel to the mountains.All opinions & comments expressed are purely personal.Specialties: Risk management, investment management
Acrux Associates
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Founder And Principal - Consulting And AdvisoryAcrux AssociatesGurugram, Hr, In
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Founder & Principal - Consulting And AdvisoryAcrux Associates Dec 2016 - PresentDelhi Ncr AreaAdvisory and knowledge application on matters of Governance, Risk and ComplianceCorporate Debt Restructuring: evaluate and establish sustainable level of serviceable debt in the multi-dimensional context of the financial compulsions & constraints of various stakeholders, requisite modification to existing transaction documents, regulatory requirements (e.g, SDR, S4A, JLF) and the legal framework (e.g., the Insolvency and Bankruptcy Code, SARFAESI, RDDBFI, Indian Stamps Act, Depositories, as amended, etc.)Recapitalization: across the capital structure to strengthen balance sheet and align debt repayment obligations to projected cash flow available for debt servicingRestructuring Mandates: work with various stakeholders to enhance intrinsic value of the firm by drafting and implementing a plan for improving liquidity and long-term profitabilityInsolvency Process: ensure compliance with procedural work pertaining to a formal Insolvency ProcessInterim Management: work with the Insolvency Professional and/or Chief Restructuring Officer to preserve value during Process and timely fulfillment of fiduciary obligationsLiquidations: proactively work with official liquidator to enhance residual value realization for stakeholdersCross border restructurings: work with partners to represent foreign stakeholders for maximizing recoveries from Indian assets and similarly outbound for Indian stakeholders N.B.: for abundant clarity and full disclosure, I am a licensed Insolvency Professional as per licensing requirements stipulated by the Insolvency and Bankruptcy Board of India
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Group Chief Risk OfficerIifl (India Infoline Group) Sep 2015 - Nov 2016Mumbai, IndiaIIFL is an Indian diversified financial services conglomerate founded and headquartered in Mumbai, India. IIFL Holdings Ltd is the ultimate parent of the Group and is listed on the National Stock Exchange of India and on the Bombay SE. Market cap in Sept'15 is ca. USD 1 bn. Group has three major lines of business - Financing, Wealth & Asset Management and Agency businesses. It is one of the top 5 retail brokerage house in India and has a well established institutional equities arm. It is one of the largest wealth managers in the country. IIFL has offices all over India and 9 offices globally. Approx 13000 professional employees. As the Group Chief Risk Officer, I lead the Enterprise Risk Management function across the Group. This spans oversight of the entire Risk universe impacting Group companies over organizational & strategic matters, financial assets, physical assets, IT and operational infrastructure, liquidity risks, third party & supply chain, regulatory and reputational risks. I am the convener of the Group Enterprise Risk Management Committee and also work with various committees of the Board of Directors at our parent company and operating entities. I also have concurrent responsibility (from 1st March 2016) as the CEO of IIFL Asset Reconstruction Company Ltd.Views and opinions expressed on LinkedIn are my own. -
Grc Leader & ProfessionalBfsi Sector Jul 2015 - Aug 2015Hong KongTook a reading & research sabbatical in India/Hong Kong 1) Reading & researching topics in GRC (Governance, Risk, Regulation & Compliance) with a focus on the BFSI (Banking, Financial Services, Asset Management, Insurance) sector2) Learning about "Big Data" Analytics using the Apache Hadoop open source platform (involves "unlearning" the conventional RDBMS tools that I grew up with!)3) Actively pursuing and making investments primarily across Asian financial markets and in multiple asset classes.
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Evp & Chief Risk OfficerGe Capital Services India Aug 2010 - Jun 2015New Delhi Area, India
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Managing DirectorCredit Suisse Private Equity Asia, Hong Kong 2007 - 2010
Rakesh Mital Skills
Rakesh Mital Education Details
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St. Xaviers High School, Delhi -
Wb National University Of Juradical SciencesA (88.5% Marks, Ranked First In The Batch)
Frequently Asked Questions about Rakesh Mital
What company does Rakesh Mital work for?
Rakesh Mital works for Acrux Associates
What is Rakesh Mital's role at the current company?
Rakesh Mital's current role is Founder and Principal - Consulting and Advisory.
What is Rakesh Mital's email address?
Rakesh Mital's email address is r_****@****hoo.com
What is Rakesh Mital's direct phone number?
Rakesh Mital's direct phone number is +120365*****
What schools did Rakesh Mital attend?
Rakesh Mital attended Delhi University, St. Xaviers High School, Delhi, Wb National University Of Juradical Sciences.
What are some of Rakesh Mital's interests?
Rakesh Mital has interest in The Internet Kind, Economic Empowerment, Politics, Education, Science And Technology, Jazz Music.
What skills is Rakesh Mital known for?
Rakesh Mital has skills like Strategy, Management, Financial Risk, Enterprise Risk Management, Finance, Leadership, Financial Services, Auditing, Investment Banking, Capital Markets, Portfolio Management, Credit Risk.
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