Senior Partner Consultant
Having taken up engineering at BITS, Pilani, Rajiv, changed course after the first year and is a Chartered Accountant (FCA) from Price Waterhouse. He is also an MBA (with dual specialisations in HR and marketing). His adventurous journey of over 42 years (about 12 in India and 30 overseas in Africa, New Zealand, Russia, the UAE, and the USA) in senior roles has been most fulfilling.
For more than two decades he has been spearheading, transforming, and resuscitating companies in diversified avatars of CEO/Group MD/ED/Advisor/Country Head, straddling a wide canvas of ‘service’ (banking, audit, consultancy, advertising, travel & tourism, hospitality, education), ‘marketing’ (FMCG, healthcare), and ‘manufacturing’ (footwear & accessories, healthcare, food processing, iron & steel, kraft paper, bioenergy) sectors.
Bata Shoe Organisation (world’s largest footwear company) – In Zambia, *Achieved cash savings worth USD 1 million through effective financial management *Adjudged best CFO of Africa region and best participant in BSO’s premier global fast-track senior management programme, in France *Recipient of Special Achievement Award in 1994, in Zlin, Czech Republic, at the Centennial celebrations of BSO; for excellence in financial management under hyper-inflationary conditions and effectively deputising for the MD/Country Head, in managing an 800+ employee organisation, negotiating collective agreements *The only CFO selected from an operating company for constituting a 4-member international team to conduct review of Bata India (BSO’s largest company, worldwide), which helped in its turnaround *Nominated member of the task force (along with members from Rothmans and Standard Chartered) for assisting the World Bank in successfully creating and starting the Lusaka Stock Exchange.
Dentsply (a USA-based, largest dental company in the world): In India, after one year’s operations, it found itself in quite a mess. He was headhunted by KPMG and hired as the Controller and was then promoted to MD in ten months and an Advisor subsequently. He successfully sorted out the unwieldy situation of the company in India. He enthused the demotivated team through excellent interpersonal relations and proper focus on objectives. Presented the ‘trade’ with a clear road map and achieved cash sales worth USD 600K within a short span of 4 days at the Commonwealth Dental and Indian Dental Association Congress. Negotiated and forged exclusive tie-ups with overseas companies.
Culmination: He was selected and appointed CEO of the largest Biomass to Power (32MW) project in Sub-Saharan Africa (Sierra Leone) to resuscitate and turnaround this USD 550m investment of Addax Group (Switzerland), mothballed on account of the falling crude prices and Ebola virus epidemic in 2015. Biomass came from sugarcane bagasse; however, naturally growing elephant grass was also added in the mix to complement and obtain more raw material for generating power for the national grid and for captive consumption. *In a span of one and a half years, the area of sugarcane plantations increased 10 times, from 600 ha to nearly 6,000 ha. By-products from sugarcane crushing (5,000 TPD) were: *Fuel-grade ethanol (100 KLPD)—primarily exported to Europe, owing to compulsory blending mandates prevalent there; *ENA (extra neutral alcohol or potable ethanol) for local and neighbouring countries, the processing of which was commenced by adding specialised filtration equipment, in line with the platinum standards of Diageo; *Roadmap was outlined for white and brown sugar processing; and *Processing of fuel-grade ethanol from cassava, the native crop.