ANKIT SARAF Phone: +91 99203 41798

Mumbai Email: ankitsaraf22@yahoo.co.in

SYNOPSIS
 19 years of work experience in Fund Raising, Treasury, Banking, M&A, Project Finance and Investor Relations
 Management Graduate from Indian School of Business (ISB - Hyderabad) and a qualified Chartered Accountant
PROFFESSIONAL EXPERIENCE

Ambuja Cements Limited, Mumbai Feb ’18 to till date

Vice President and Head – Corporate Finance
Treasury, Banking, Trade Finance and Corporate Insurance
 Leading and supervising full spectrum of Corporate Finance including Trade Finance, Credit Lines, Investments,
Banking Operations & Relations, Working Capital, Forex & Hedging, Liquidity & Cash Management and Credit Ratings
 Launched various innovative programs for vendor and channel financing in collaboration with fintech companies
 Ascertaining implementation of proper internal control and risk management measures along with ensuring compliance
 Managing corporate insurance function for risk identification and mitigation, policy negotiation and claims management
 Implemented various digitalisation and automation projects for ease of operations and better MIS & reporting
Investor Relations (IR) and Business Analytics
 Managing relationship with institutional investors and analysts and representing the company in various IR events
 Preparation of investors deck and development of external messaging; ensuring effective communication of company's
financial and operational performance to institutional investors and analysts
 Initiated and leading the process of conducting quarterly performance benchmarking (vis-a-vis competitors)
 Acting as a feedback loop by providing external perspective to internal stakeholders; additionally providing insights to
the management from analyst reports and updates on key sector developments
Project Finance, M&A and Special Projects
 Conducted financial feasibility and prepared business plan for setting up manufacturing unit (project capex ~INR
3,000crs), the project was subsequently approved
 Managed entire activities related to accounts, finance and MIS for capex projects as project finance controller
 Analysis and execution of various M&A, Divestment, JV and Strategic Alliance opportunities
o Achieved alliances for two assets in key geographies, leading to the company's capacity enhancement by ~4%
o Pursued and led acquisition opportunities for inorganic growth of the company
 Execution of various ad-hoc projects: annual business risk assessment study, energy mix analysis
Omkar Realtors & Developers, Mumbai Oct ’14 to Feb '18
Deputy General Manager – Finance
Corporate Finance, Project Finance and Strategic Alliances – Execution and Management
 Spearheaded and executed multiple fund-raising initiatives involving equity, structured and debt instruments; managed
end to end process from showcasing deals, negotiating, structuring transactions and documentation
 Managed relationship with investors, bankers and rating agencies through regular interactions, apprising on project /
company developments and ensuring compliance fulfillment
 Led evaluation of new projects and conducting feasibility study to determine financial viability of the project
 Participated in evaluation and execution of strategic alliances (Joint Ventures (JV) and Joint Developments (JD))
Budgeting and MIS
 Led a team handling budgeting and costing function ensuring proper budget management and cost controls
 Effected and streamlined the MIS function ensuring accurate and timely management reporting in a coherent format
Corporate Strategy and Special Projects
 Handled setting up new line of businesses – evaluated multiple businesses, facilitated TEV report, assessed plant
locations, analyzed industrial initiatives and achieved financial closure
Binani Industries Limited, Mumbai Mar ’11 to Oct ’14
General Manager – Corporate Finance and Strategy
Capital Raising, Strategic Finance and Debt Reorganisation
 Handled capital raise of INR 1,200crs via equity / quasi equity instruments; prepared financial model and information
memorandum; facilitated vendor due diligence; assessed transaction structures and presented deal to investors
 Participated in debt reorganisation of EUR 120mn for a foreign subsidiary; the transaction involved intricate structure
entailing sale and lease back of precious metals
M&A, Joint Ventures and Strategic Alliances
 Executed strategic alliances with cement plants in India and Oman, led the entire transaction coordinating through
various internal and external stakeholders
 Evaluated and pursued various acquisition opportunities in cement sector in diverse geographies; managed end to end
process from target screening, valuation, due diligence, negotiation and documentation
Growth, Operational and Marketing Strategy – Formulation and Execution
 Assessed cement industry in various geographies and devised strategy for global growth of cement business;
developed strategic roadmap identifying potential geographies and growth opportunities
 Conducted feasibility study and developed business plan for setting up Greenfield and Brownfield cement plants
 Formulated and assisted execution of revenue optimization strategy through critical analysis of logistics mix, product mix
and sales channel mix
 Instrumental in devising action plan for turning around an ailing foreign unit; recommended various alternatives working
out plausible options and scenarios
Suzlon Energy Limited, Mumbai Apr ’08 to Feb ’11
Sr. Manager – Corporate Development and M&A
Strategic Finance and Capital Market Transactions
 Executed restructuring of outstanding FCCBs worth USD 500mn; transaction resulted in reduction in liability by USD
110mn and involved fresh issuance of FCCBs worth USD 146mn
 Instrumental in successful completion of the USD 108mn GDR issue; managed entire issuance process of preparing
documents as per regulation and coordinating with bankers and lawyers
 Accomplished the secondary placement of 35% depository interests in Hansen Transmissions International NV through
an accelerated book build process
 Assisted in the debt refinance exercise involving both rupee and foreign currency facility of USD 2.9bn
M&A and Divestments - Deal Structuring and Execution
 Evaluated several global wind farm development proposals and executed investment to the tune of USD 30mn
o Led the entire acquisition process from sourcing, analyzing, structuring to executing
o Understood tax structures of various jurisdictions and designed tax friendly transaction structures
 Assessed alternatives and devised strategies to attain controlling stake and accomplish management control of a
German subsidiary having market cap of Eur 1.1bn
 Managed acquisition of controlling stake in an Indian public listed company having an enterprise value of INR 900crs
o Performed valuation analysis and constructed financial models using DCF and comparable
o Led negotiations with bankers, lawyers and counter parties and coordinated the due diligence process
 Performed financial analysis and prepared information memorandum for divestment of a 45 mw wind farm
Corporate Strategy and Development
 Launched and established the global wind farm development and ownership business; designed and formulated the
business structure in coordination with consultants and internal team
ICICI Bank Limited, Rajasthan (India) Sep ’02 to Jan ’07
Regional Manager – Private Banking, Rajasthan
 Managed directly and through a team of 10 people, advisory for gamut of financial products to key banking relationships
 Initiated, launched and developed private banking division in two cities (Kota & Bikaner) of Rajasthan
 Sourced and managed one of the largest money market mutual fund portfolios; built models to evaluate and analyze risk
and return associated with various investment products
EDUCATION
Indian School of Business (ISB) Hyderabad, India
Post-Graduate Program in Management - Dual Major in ‘Analytical Finance’ and ‘Strategy & Leadership’ Apr ’08
Institute of Chartered Accountants of India (ICAI) Jaipur, India
Chartered Accountant - three years of intensive training in Corporate Law, Taxation, Audit and Accounts May ’02
Commerce College, University of Rajasthan Jaipur, India
Bachelor of Commerce (B. Com.) Jul ’00