Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
More than thirty years of hands-on business management (as CEO/Profit Centre Head) in multi-product/system companies across different continents and with several business diversities. Proven experience in turning around loss making companies, delivering profitable growth from existing companies, setting up Greenfield projects and M&A. Highly skilled in strategic management and financial analyses, with strong people management and communication skills. Particularly committed to moral values and always aligned to business ethics.
As MD&CEO of a 75 years legacy Building Solutions Organization, accomplished 3.5x growth in top line and 4x growth in bottom line in 6 years amidst challenges of pandemic and geo-political disruptions. We converted a single product Indian company to a global multi-business group with a theme of ‘One-Stop Building Solutions’. The growth was fueled by both organic and inorganic acquisitions, including the best flooring organization ‘Parador’ with its base in both Germany & Austria. The HIL group witnessed huge reduction in working capital, improvement of ROCE, expansion in sales (80 countries) and manufacturing (25 plants) footprints, ‘Great place of work’ certification for 4 consecutive times – being the best in in manufacturing and building solutions, employee satisfaction score moving up to 94%, Expansion into 4 new business segments and many more. Leading a strong team was very satisfying. Managing the Board, Investors and all stake holders and growing the companies market cap by 5x was hugely rewarding.
Parador, the best flooring brand in Germany and Austria, and a well known flooring solutions company was acquired and managed by me.
Was on the Governing Body of CMRI (Calcutta Medical & Research Institute), the best known dimensional hospital in Kolkata, BMB (BM Birla Hospital) at Kolkata, the best Heart Institute; and RBH (Rukmani Birla Hospital) at Jaipur.
• Promoter Group’s Executive Committee member at Bargi Group: As a member of the Group’s Exco Team, I report directly to the promoter in London and manage the Group’s wealth across different business areas. Actively involved in expanding the Group by identifying M&A projects and participating in due diligence to close the deal. As P&L Head for multiple businesses and on board of them, responsible for growing their value till profitable exit. • Non-Independent, Executive Director: Board Member of the only listed entity in the Group, Metrod Holdings Berhad, a leading manufacturer of Oxygen Free Copper rod, wire & strip in Malaysia. Provide strategic inputs for the company’s expansion, over look operation, risk management and growth of the company. • President & Global (P&L) Head of ASTA, a world-class global producer of technology-rich high precision solutions to transformer, generator and motor manufacturers. The Group acquired ASTA in 2007 as a small single location business in Austria and I was responsible for managing it as the Global Head & President. ASTA expanded globally to serve customers all across the world with 4 factories (each operating as profit centres) located in Austria, China, India and USA. Tripled EBT by introducing various cost-saving and operational improvement drives. Assumed global market share of 22% and was awarded ‘Best Suppliers Award’ year–on-year by major customers. Exited ASTA after managing for 7 years with a global turnover of $182m and 15% EBIT leaving a global footprint – at 6 times equity.
I joined Crompton Greaves India as the youngest General manager - head of their Power Transformers Plant at Bhopal. This plant was making loss for 10 years since its inception. With my team, we could turn around this plant in a few months and thereafter profitably grow it at an exponential way. We were the first plant in India by any manufacturer to make 765kv Power Transformers. Because of this performance, I was given the full responsibility of Power Transformer business in India – consisting of their biggest plant in Mumbai (T1) and this plant in Bhopal (T3). As a P&L head, I was managing a total business of 250 MUSD with 1200 people reporting to me and delivering very high profitable growth year after year for 3 years with high Return on Capital.