Narayanan A Email & Phone Number

Mumbai, Mh, In

Teams In Mumbai, Gurgaon, Krakow And Dubai

I have been a financial controller since August 2012, for the Bank in India and 5 other legal entities. Since Jul 2017, I am also the Head OA for countries which use HUB (40 countries) as a GL, where I am responsible for the teams in India, UAE and Krakow, Poland (team size 275+). From Aug 2012 to Oct 2014, I double hatted as the Finance Chief Operating Officer for India, leading a team of close to 50 staff. Prior to Aug 2012, I was heading the financial accounting and reporting team. I have spent 6 months in Hong Kong in the financial control and finance COO teams. I have spent 3 weeks in Mauritius & Malaysia as CFO as a leave coverHead of OA – Since August 2019 (from Aug 2017 – Jul 2019 Co Head) (responsibilities include)- Functional oversight for accounting and controls, leading a team of 275+ staff, over countries, which use HUB as a GL across HSBC, spread over 3 regions HBAP, MENA and HBEU and 40 countries- OA lead for the Valuation in Resolution (ViR) project, which involves working with other Global Process Owners and Risk Stewards in designing the policies and process to ensure successful implementation- Ensure that control framework within HUB countries are standardised and consistent and in line with FIM- Ensure projects / standards such as IFRS 9, IFRS 16, etc is implemented consistently and correctly amongst all countries.

Mumbai

Financial Controller (FC), India – Since Aug 2012 (responsibilities include)- Accounting Risk Steward for India Bank, which includes financial and regulatory reporting, accounting policy and capital management with close interaction with tax, business finance and ALCM heads. Maintain a strong financial control environment. Drive regulatory changes within the Bank- As functional responsibility for other legal entities – planning, directing and controlling activities of finance of these entities. Direct responsibility to plan and manage the activities which cover all areas of finance including the aforementioned plus tax, business finance, ALCM and accounts payable.- Assist the CFO in providing strategic decision support to the CEO and Heads of Businesses and Functions. Have a direct and close engagement with all EXCO members (Board equivalent) of the Bank.- Regular engagement with the Reserve Bank of India (RBI), Bank’s regulators, managing relationship with the auditors and whenever required with the rating agencies.- Chairing the RWA Monitoring Group and the Report Governance Group of the Bank.- As finance COO, I was responsible for review of current practice and procedures and provide robust and effective control over finance related processes.- Lead, motivate, inspire and coach a team of diverse, aspiring and energetic professionals.

Mumbai, India

Responsible for a team of 50 Finance staff covering 5 legal entities that provide a full scope of Banking, Asset Management, Broking and Internal Audit services. My role is as the Financial Controller for these entities and Chief Operating Officer for Finance, reporting directly to the Chief Financial Officer for India. I cover the following areas for the Banking entity: all Financial Reporting & Accounting policy; Regulatory Reporting & Capital Management; Financial Controls including Balance Sheet reconciliations and Sarbanes-Oxley compliance; Finance Systems; and Cost Management for Finance. I am a member of the Asset & Liability Committee, and I Co-Chair the Risk Weighted Asset Oversight Committee. The Bank has total assets in excess of $20 billion and a pre-tax profit in excess of $700m. For the non-Banking entity, my role covers all areas of Finance including the aforementioned plus Tax, Planning and Accounts Payable.

Hong Kong Sar

I was on a short time assignment with the external reporting team on year end disclosures and implementation of three lines of defence for finance teams in the FIN COO team in ASP region.

Mumbai, India

I joined as VP and head of financial accounting and reporting in Oct 2005 and got promoted to SVP in Apr 2010. Responsibilities included:- Reporting to the Head Office in lines with IFRS and RBI in line with their guidelines and Indian GAAP- Advising the Bank on accounting treatment for all new products under various GAAP’s- Controlling the General Ledger of the Bank

Mumbai, India

Mumbai

I worked as a Manager in the Mumbai audit practice of KPMG managing their financial services clients. My profile primarily included managing the HSBC and Deutsche groups in India.My experience included:- Managing the audits of HSBC Bank and Deutsche Bank in India and various other subsidiaries of these two banking groups which involved primary dealership, asset management companies and equity broking houses.- Financial due diligence assignments of certain banks which involved revaluing the net asset value of these banks for valuation purposes.I have also performed a few financial due diligence assignments of certain banks in India and Indonesia, which involved revaluing the net asset value of these banks for valuation purposes.

Manama, Bahrain

Bahraini Saudi Bank (BSB) is the fourth largest locally incorporated commercial bank in Bahrain with a balance sheet footing of about USD 500million and six branches (position, when I left BSB).There was a complete change in the senior management of the Bank in 2003 and I was a part of the new senior management team in efforts of turning around the Bank after a fraud in 2003.As the Head of Internal Audit, I- was responsible for the overall Internal Audit function of the Bank- report directly to the Audit Committee consisting of five Directors.- was an active member of the Management Committee and IT Steering Committee of the Bank.- was actively involved in all key initiatives of the Bank- was internal advisor for ensuring controls are established.- was the key point of contact on behalf of the Bank with the external auditors- coordinator for any special assignments undertaken by the Bank.- regularly interacted with the regulators of the Bank, the Bahrain Monetary Agency.During my term with the Bank I, with the permission of the regulators and Board of Directors also assumed the role of the Financial Controller, to fill up the position due to the resignation of the then Financial Controller.I was also responsible to set up the IT Steering Committee of the Bank.

Manama, Bahrain

I was working in the banking and finance assurance group and subsequently the Information Risk Management practice of KPMG, Bahrain. I was also supporting the KPMG, Qatar practice for financial services clients. I was involved in finalising audits under International Accounting Standards. I was a member of the KPMG Europe Middle East and Africa (EMA) team of trainers to conduct a 15 day academy to induct new staff and have done these trainings in Europe. I was also involved in advising clients on new accounting standards and training sessions of IAS 32 and 39, both for clients and internally for KPMG staff.A brief summary of my work experience, other than audit is set out below:- I was a member of a team, which performed the Quality Assurance Review of an Integrated Banking Solutions project of Qatar National Bank. The work involved identifying various risks arising within the project life cycle and recommending actions to mitigate those risks and ensure that the project meets it deadlines.- Assist 4 banks in Doha to implement IAS 39. The main focus was on performing credit reviews of the banks portfolio and aligning the provisioning policy of the bank to be in line with IAS. I developed a Microsoft Excel based Tool for calculating the impairment of loans as per IAS 39.- Performed a special study of the Qatar Grindlays Bank’s credit card department which had outsourced its card processing operations. Work also involved giving recommendations to the Bank on usage of the various credit card operations related reports received from the vendor.- Prepared IT policies and procedures manual for the Bahrain Data Centre of Ahki United Bank. The IT polices and procedures were aligned to the good practices being followed in the industry and also with internationally accepted standards.- Audited a card switch company “Benefit Company BSC” and credit card operations company “Arab Financial Services”, which gave me an in depth understanding of end to end card business.

Muscat, Oman

I was working in the assurance division of Ernst & Young as senior in charge of audits. My key clients were:- Central Bank of Oman (the Banking regulator in Oman),- Bank Muscat SAOG (the largest commercial bank in Oman), and- National Bank of Oman SAOGI was the audit in charge having responsibilities of planning and supervising the audits of these banks. I gained experience in the various functions of a Central Bank which primarily included areas such as Clearing House, Treasury and IMF. During the audit of Bank Muscat, my primary focus was on the review of the credit function within the bank, which included their Corporate and Retail divisions.

Mumbai

In KS Aiyar, I worked as trainee for a period of three years for my Chartered Accountancy course and subsequently as an Assistant Manager for a period of one and half years with the above firm.My experience with K.S. Aiyar, was primarily in cement, manufacturing, automobile, banking, textile, chemical and construction industries. Major clients included Associated Cement Companies, Indian Rayon Industries Limites, ABB ABL Limited, Blue Star Limited, ACC Machinery Co Limited, Indian Hume Pipe Limited, Premier Automobiles Limited, Central Bank of India (concurrent audit), Khatau Mills Limited, Jamshri Mills Limited, Dharamsi Morarji Chemical Company Limited and Hindustan Construction Company Limited

Cisa, Information Systems Audit And Control

Fca, Accounting, Finance, Tax, Company Law

Articleship with KS Aiyar & Co (then a member firm of Grant Thornton International)

Bcom, Accounting

Basic Schooling