Treasury heads are the unsung heroes ensuring liquidity, managing risks, and optimizing cash flows. This article delves into the careers and contributions of the leading 30 treasury heads in India:

1. Brejesh Chalill (Head of Treasury and Market Sales, Axis Bank): As the Executive Vice President and Head of Treasury at Axis Bank, Brejesh exemplifies financial acumen and strategic foresight. Apart from his industry accomplishments, Brejesh’s efforts to positively impact the society by empowering underprivileged children have garnered him respect and admiration. Chalill has played a pivotal role in managing foreign exchange, Interest Rate swaps, and navigating complex financial landscapes to ensure the company’s robust financial health.

2. Isha Goel (Head – Treasury Settlements APAC, Mercedes-Benz Research and Development India): Isha Goel’s leadership as the Treasury Settlements Head at Mercedes-Benz R&D has been instrumental in fortifying the company’s financial framework. With over 17 years of experience in corporate finance and a keen eye for detail, Isha has adeptly managed Business relations, corporate governance and credit risk management enhancing the company’s financial resilience.

3. Venkatesh B (Head- Treasury, Five-Star Business Finance Limited): A chartered accountant from the ICAI, Venkatesh B heads the treasury operations for Five Start Business Finance. Venkatesh’s innovative strategies and dedication have ensured that his company remains agile in its financial operations, adeptly managing External Audits, Reporting of Corporate Finances and Accounting.

4. Harsimran Sahni (Executive Vice President, Head Treasury, Anand Rathi Global Finance Limited): At Anand Rathi Global Finances, Harsimran Sahni serves as the guiding force behind its treasury operations. Known for his strategic insights and proactive risk management, Sahni has a Master’s degree from IIFT Delhi and over a decade of experience in the Financial Services Sector. He has significantly contributed to streamlining corporate finances, equity research, and portfolio management.

5. Punit Ajan (Head – Corporate Treasury, KPMG India): Punit Ajan’s tenure as the Head of Corporate Treasury at KMPG has been marked by his exceptional skill in managing the firm’s diverse financial needs. Alumnus of the ICAI, Punit has a stellar professional background featuring roles at prestigious companies like PWC and EY. Pillai’s expertise in Hedge Accounting, Financial Reporting and treasury functions have been crucial in supporting the company.

6. Vasan VMS (Head- Treasury, Sonata Software): Vasan brings a wealth of experience to his role as the Treasury Head at Sonata Software. His effective leadership and proficiency in Forecasting, Financial Planning and Cash Management have played a vital role in fortifying the company’s financial position, ensuring stable cash flows, and mitigating potential financial risks.

7. Purnima Bhartia Banka (Head- Treasury, Sitara (SEWA Grih Rin Limited)): At Sitara, Purnima Bhartia Banka has established herself as a dynamic Head of Treasury, renowned for her strategic approach to financial management. Alumnus of the reputed Indian Institute of Planning and management, Purnima’s innovative techniques in treasury management and her adept handling of Investor relations have significantly contributed to the company’s sustained financial success.

8. Alok Singh, (Group Head Treasury, CSB Bank): With almost two decades of experience, Alok Singh is the Group Treasury Head at CSB Bank. Known for his exceptional leadership and deep understanding of financial markets, Alok is a distinguished professional specialising in Pricing of Structured products. Alok’s strategic initiatives in Derivatives and his proactive approach to mitigating risks have been instrumental in reinforcing the bank’s financial stability and growth.

9. Dipesh Kaien (Head Treasury India, OakNorth): A certified financial analyst, Dipesh Kaien is at the helm of OakNorth’s treasury operations. A Post Graduate from MDI Gurgaon, Dipesh’s expertise in enterprise risk management, currency hedging and transfer pricing has been pivotal in ensuring the company’s robust financial health.

10. Monish Tanna (Head- Treasury, Sanofi): Monish Tanna’s role as the Head of Treasury at Sanofi has been marked by his strategic acumen and comprehensive knowledge of financial management. Tanna’s innovative strategies in Treasury management and his adept handling of operational risks, corporate finances and foreign exchange make him a brilliant treasurer and an asset to any organization.

11. Ashhish Vaidya (Head- Treasury, DBS Bank): A Chartered Accountant from the ICAI, Ashhish Vaidya is a seasoned professional with over 28 Years of experience in the Banking and Finance Sector. Under Ashhish’s stewardship as the Head of Treasury, DBS Bank has fortified its financial strategy with precision. His adept management of Derivatives, Treasury and Investment Banking mastery has been pivotal in ensuring sustained financial stability and growth of the Bank.

12. Saurabh Goel (Head – Treasury & Trade Finance, Jindal Stainless): Saurabh Goel’s strategic foresight as the Treasury Head at Jindal Stainless has been instrumental in navigating the company through complex financial landscapes. His innovative approaches to working capital management and trade finance have significantly contributed to the company’s robust financial health.

13. Ankit Arora (Head of Investor Relations and Treasury, Arvind Fashions Limited): Arvind Fashions thrives on the financial acumen of Ankit Arora, the Head of Treasury and Investor relations. Arora’s expertise in Corporate Finance, Capital Markets and Financial Modelling has been crucial in maintaining the company’s competitive edge in the global markets.

14. Sanjukta Bandyopadhyay (Head of Treasury, NSDL Payments Bank): Sanjukta Bandyopadhyay’s role as the Treasury Head at NSDL Payments Bank is marked by her strategic insights and meticulous planning. With over 15 years in the Banking Sector, Sanjukta is a reputed finance professional and a treasurer. Her efforts in streamlining Portfolio and Cash flow management processes are a testament of her unwavering commitment to her work

15. Giriraj Ajmera (Head of Treasury & Corporate Finance, IndiGrid): As the Head of Treasury at IndiGrid, Giriraj Ajmera brings exceptional skills in Fund Raising and Asset Management. An outstanding Chartered Accountant, Giriraj has career stints at Bharat Petroleum and Raymond. His strategic foresight has been essential in supporting the company’s financial needs, ensuring growth and operational efficiency.

16. Sunil Anjana (Head- Treasury, Home First Finance Company): Alumnus of the SP Jain Institute of Management and Research, Sunil Anjana is the Treasury Head at HFFC. He excels in financial Research and Derivatives. His strategic vision and proficiency have fortified the company’s financial position, ensured stable cash flows, and mitigated potential financial risks effectively.

17. Nitin Chaturvedi (Head- Treasury, Adani Group): At Adani Group, Nitin Chaturvedi’s dynamic approach as the Head of Treasury has been pivotal. With over two decades of experience at top firms like JPMorgan Chase, Citibank India and others, Nitin is a skilled chartered accountant and a dedicated professional. With a master’s from the Boston University, Chaturvedi’s innovative techniques in portfolio management and adept handling of Treasury and Investments have significantly contributed to the company’s sustained financial success.

18. Amit S. (Head- Treasury, YES Bank): Amit S., the Treasury Head at YES Bank, is celebrated for his exceptional leadership. A certified chartered accountant from the ICAI, His strategic initiatives in Account Management and Business Analysis have reinforced the bank’s financial stability and growth.

19. Punish Oberoi (Head – Banking and Treasury, SpiceJet Limited): Leading SpiceJet’s treasury operations, Punish Oberoi has adeptly managed Fund Raising, Audit Closure and Investor Relations. A Level 3 Certified Financial Analyst, Punish has expertise in Equity Research, Corporate Finance and Enterprise Valuation which has been crucial for the company’s financial health.

20. Aiwin Joshy (Corporate Finance Head – Treasury & Fundraising, LeadSquared): Aiwin Joshy, as the Head of Treasury at LeadSquared, has distinguished himself with strategic acumen. Tenures at firms like Wipro and EY, Aiwin is a brilliant chartered accountant and an established financial analyst. His expertise in Business process improvement, financial reporting, Taxation and M&A has bolstered the company’s financial stability.

21. Ruchir Agarwal (Head of Treasury, Airtel Payments Bank): Ruchir Agarwal’s tenure as the Head of Treasury at Airtel Payments Bank has been characterized by his strategic management of the bank’s financial operations. With over 18 years of experience, spanning companies like Bank of America and DBS Bank, Ruchir has an MBA from the prestigious IIFT. His adept handling of Derivatives, Risk Management, and Trade Finance has been critical to the group’s expansive growth.

22. Kanchan Raitani (Head Treasury, Indifi): At Indifi, Kanchan Raitani spearheads the treasury operations with a keen eye for financial detail. Chartered Accountant from the ICAI has over a decade of experience in the industry. Her strategic initiatives in managing cash flow and Banking operations have played a crucial role in the company’s financial health.

23. Sharad Singla (Head of Treasury, Philips): Sharad Singla’s role as the Head of Treasury at Philips has been marked by his innovative approach to financial management. With career stints at Evalueserve and CRISIL, Sharad has over 16 years of industry experience. His expertise in Capital Market Financing, Foreign Exchange and Derivatives has been vital in maintaining the company’s financial robustness.

24. Neeraj Singh (Head – Treasury, Haier Appliances India Pvt Ltd): Neeraj Singh, as the Treasury Head at Haier Appliances, has demonstrated exceptional leadership in financial management. Education from the Institute of Cost Accountants of India and The Institute of Chartered Accountants of India, Neeraj is a financial expert with strategic vision and proactive Banking and Fund management strategies.

25. Kapil Jain (VP, Head of Treasury & Insurance, Fortis Healthcare): Kapil Jain’s leadership as the Head of Treasury and Insurance at Fortis Healthcare has been instrumental in navigating the company through financial complexities. A master’s degree holder from IMT Ghaziabad and a Certified Financial Analyst, Kapil specialises in Cash Flow Forecasting, Trade Finance and other treasury functions which has been key to the company’s sustained success.

26. Rajesh S Sunar (Executive Director & Treasury Head, Wells Fargo): Rajesh S Sunar, the Treasury leader at Wells Fargo, excels in managing the company’s diverse financial operations. His previous experiences consist of names like Barclays Bank, DBS Bank and ICICI Bank. This outstanding Financial Analyst has expertise in Liquidity Risk and Asset Liability Management, contributing to the organization’s financial stability and growth.

27. Sandipan Amboli (Head of Treasury Markets, Indiabulls Housing Finance Ltd.): At Indiabulls Housing Finance, Sandipan Amboli’s role as the Head of Treasury Markets has been pivotal in steering the company’s financial strategy. An experienced professional with career stints at Edelweiss Financial Services and TCS e-Serve, Sandipan has a master’s from IBS Kolkata specialising in Finance and Banking. His expertise in Financial Risk, Internal Audit and other functions make him an asset to any organization.

28. Utsav Mehrotra (General Manager – Head Treasury, SMFG India Credit): With glowing Academic credentials, featuring top institutes like IIT BHU and IIM Bangalore, Utsav Mehrotra is part of the premier Treasury and fund-raising professionals in the country. The Treasury Head at SMFG India Credit, Utsav has distinguished himself with his strategic financial management skills.

29. Priyank Agarwal (Circle Head – Treasury & Markets Sales, Axis Bank): Priyank Agarwal’s tenure as the Circle Head of Treasury at Axis Bank has been marked by his strategic foresight and financial expertise. Tenures at IndusInd Bank, HDFC Bank, ICICI Bank and L&T, exemplify his financial rigor and expertise. His efforts on Supply Chain Management, SME Banking and FX Options have been vital to the company’s sustained financial health.

30. Soheb Ali Khan (Senior Head Treasury – Markets, Bajaj Housing Finance Limited): Soheb Ali Khan, the Treasury leader at Bajaj Housing Finance, has demonstrated exceptional acumen in financial management. With a comprehensive knowledge of Debt Markets and Treasury Functions, Soheb is a graduate from Indian Institute of Planning and Management. His strategic initiatives in cash and Relationship management have been instrumental in reinforcing the company’s financial stability and growth in the competitive financial services sector.

It becomes clear that these treasury heads not only manage their organizations’ financial health but also play a crucial role in shaping India’s economic landscape. Their unwavering dedication serves as an inspiration for future finance leaders. In recognizing their achievements, we celebrate their contributions to the robust financial foundations that propel Indian companies forward in the global arena.

Disclaimer: The selection process for candidates in this news article involves rigorous evaluation by researchers, considering parameters such as industry influence, online reputation, experience, contributions, education, accolades, and followership. However, subjective criteria may lead to outcome variations, and assessments may not capture every aspect of candidates’ profiles. Selection as winners does not imply endorsement or guaranteeing future performance. Feedback is welcomed for process enhancement as we continuously strive to improve our evaluation methods.

This article is written by Mahesh Kumar Singh, Research and Analytical Manager with IST