N Shridhar

With more than 25 years of experience, an expert in the execution of complex transformational initiatives for top companies with clear focus on driving profitability for organizations by spearheading their evolution from conservative business models to a more process driven and customer-centric models that streamline and align business functions.

 

With a keen understanding and deep knowledge of key industries, market changes and market needs, has in leadership roles directed the strategy and business model of companies towards profitable growth that successfully facilitate this transition to realize maximum business value.

 

Active and well networked with HNI’s in Mumbai, Delhi and Bangalore. Is an accredited member of the Director’s club, a program certification from KPMG, Board Evaluation committee, UK and SP Jain essentially as an Independent Director. Has vast experience as Group Director & CFO, raising capital, taking companies public, setting up an investment companies and enhancing operational effectiveness and efficiencies.

 

Given his Business as well as Finance Leadership roles across different industry verticals like FMCG/consumer space/Financial Services, Real estate and Hospitality and in organizations like State Bank of India, Bharat Heavy Electrical Ltd, Asian Paints and Unilever Group at Ponds India Ltd, Coca-Cola & Britannia, his experience spans across various facets of Finance & Business Strategy including M & A.

 

He has excellent networking and relationships with Merchant Bankers, Local and International lawyers, Regulatory Agencies, Accounting and Auditing firms and Banks and Institutions cultivated over his senior leadership stint of over 25 years.

 

He was one of the nominees for CFO of the year awards in 2010 as part of IMA nomination process. During his earlier stints, he has been involved with State Bank of India, Bharat Heavy Electrical Ltd., Asian Paints and Unilever Group at Ponds India Ltd. He also did program at Wharton Business School on Advance Business and Financial Strategies while he was with Coca-Cola India. Mr. Shridhar has been a guest speaker/lecturer at various forums on topics like corporate governance, financial & management accounting & systems, information technology/ process re-engineering in business / finance etc.

 

He is also a Mentor for start-up entrepreneurs as part of the National Entrepreneurs Network (NEN) out of Bangalore. He is currently mentoring 3 company promoters in the IT/ITES space. He also co-invests and helps start-up technology companies.

 

He is associated with Education and academics and has also been part of the Interview panel for students seeking MBA admissions post CAT with various Institutes. He has been mentoring and guiding students and doing career counseling in his spare time. He is also associated with various NGO’s as part of his contribution for CSR initiatives/social responsibility.

Experience

 

Director, Chief Investment & Strategy Officer, CEO – Infrastructure (Industrial & Logistics) at Hiranandani Group of Companies

January 2015 – Present

 

He was the originator of the largest PE deal in Indian real estate valued at over $1 billion. He was a key person in driving and executing the deal from inception till final hand over of assets. He was instrumental in bringing about the recent turnaround of the group. He drives the Business Strategy & Re-engineering; Operations; Business development functions, Investments/Divestments, Treasury & M&A. across business verticals of Real estate, oil & gas, Infrastructure/Utilities, Industrial & Logistics parks and Energy.

 

Managing Director & CEO at Pegasus FinInvest Advisory Services Ltd.

 

April 2012  – Present

 

He is the Sponsor of “Pegasus India Evolving Opportunities Fund” a SEBI registered social impact fund, having a fund size of $25 million with a green shoe option of additional $25 million. It is formed with a view to support and encourages early stage entrepreneurs and with a clear focus on sustainable and scalable business models. He is building an ecosystem which provides business acceleration and mentoring along with network and relationships to investee companies to help them expand and scale up. His involvement with investee companies gives them an impetus and encouragement as the fund follows the philosophy of “Make it Happen” for the Entrepreneurs.

 

CEO & Group Director (Strategy & Finance) at Real Estate and Hospitality Business

November 2010 – April 2012 (1 year 6 months)

 

He was responsible for Business Strategy, Finance and Project management during a very challenging period. During this period saw the completion of the 5 start hotel project and started operations, ensured all projects were getting executed, raised finances to repay debt, managed investor relations. He was heading the business strategy, M&A & finance function. The chain operated multiple 5 start hotels with an inventory of close to 1500 rooms in India. A new property “Grand Hyatt Goa” was commissioned during his tenure. He also raised fund and navigated the business in a very challenging environment.

 

Chief Financial Officer at Future Capital Holdings Ltd

May 2006 – November 2010 (4 years 7 months)

 

The then capital arm of Future Group (Now Capital First) having interests in investment advisory services which had close to $ 1 billion of assets under Advisory. The NBFC had three business verticals comprising of alternate asset management, retail financial services and whole sale & corporate lending. He successfully completed the IPO for the company raising Rs.500 crores with 10 % dilution in about 21 months from the setting up of the company. He was a board member in various subsidiaries managing different verticals, subsidiaries and joint ventures. He was instrumental in getting the company ratings and raise large fund to increase the loan book.

 

Chief Financial Officer at Britannia Industries Limited

April 2004 – May 2006 (2 years 2 months)

 

A $ 500 Mn food processing company. He was also responsible for Business Strategy, M & A, Treasury, Planning, Legal & Secretarial, Commercial, Information Technology, operations besides heading the finance function for the company. He successfully managed and completed Buy Back of shares for the company. He successfully implemented a supply chain optimization process which led to annual savings of INR 50-80 crore. He was instrumental in restructuring the supply chain and distribution network which was part of the supply chain optimization process.

 

Director ( Operations Finance) & Chief Financial Officer at The Coca-Cola Company India Bottling

1997 – 2003 (6 years)

 

He was key in consolidating bottling plants across India under one single entity leading to synergies and cost optimization. He was instrumental in structuring equity divestment to comply with FIPB norms along with maintaining management control. He was extensively involved in setting up of the distribution channels and dealing with channel partners. He also played a key role in optimizing the existing distribution channels. He successfully lobbied various state governments and obtained substantial benefits in the form of tax incentives on various Greenfield projects. He led the divestment initiative across the company owned bottling business as well managed large treasury both inbound as well outbound. He set up a very effective supply chain financial model and raised adequate fund in efficient manner.

 

Manage & Head of Finance (Quest International) at Hindustan Unilever Ltd

July 1995 – October 1997 (2 years 4 months)

 

Implementation of ERP systems. Tax Administration and Legal /compliance.

 

Manager (Finance & Commercial) at Asian Paints

1992 – 1995 (3 years)

 

Was leading a team for the commercial implementation of ISO 9002 Quality Standards, Heading Commercial and Finance function, Project Finance and Supply Chain & International Buying. Also complied company to ISO 9002.

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Projects

 

Assisting “Concern India foundation” an NGO supporting Child Education

January 2012 to Present

 

He ran the Mumbai Marathon for the years Jan 2012, 2013 AND 2014, 2019 and collected monies on behalf of the NGO towards contributions for “Girl Child Education” a cause dear to his heart. In 2019, he raised fund to the tune of amount, more than Rs. 6.50 lacs, which made him a “Change Investor”.

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Publications

 

  • Corporate governance, Risk management, use of information technology and the role of CTO /CIO’s, M & A, Capital Markets.

 

  • CFO Connect, risk management and CIO address during the Microsoft conference in Dubai… 2008

 

  • Corp Governance is a most often used word by people who merely like to do “tick in the box”…. It is more about building a culture conducive to right processes, system and more importantly about practicing propriety in business transactions”.

 

  • Risk Management: – while we deal with risks and also the ways to manage them, remember risks can be managed but not entirely wiped out…. “The biggest risk is not taking a risk”.

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Courses

  • SSC, General Studies

Dr. Antonio D’silva, Dadar, Mumbai

  • Bachelor of Commerce (B.Com.), Financial Management and Accountancy

Mulund College of Commerce, Mumbai

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Professional Coursework

 

  • Associate member of Chartered Institute of Management Accountants (ACMA), London.

 

  • Chartered Global Management Accountant (CGMA), UK.

 

  • Post Graduate Dip in Management Studies from Mumbai University, India.

 

  • Associate member of the Institute of Cost & Works Accountants (AICMA), India.

 

  • Post Graduate Diploma in Management Studies from Mumbai University, India.

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Certifications

 

  • Advanced Strategic Financial Management (Wharton School of Business).
  • Incident management and Crisis Resolution, IMCR, The Coca Cola Company.
  • Mentor in NEN-SAP Emerging Entrepreneur mentoring Program.
  • Associate of the Chartered Institute of Management Accountants (CIMA).

 

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