ABHISHEK VINOD PURANIK, CFA
Corporate Finance And Treasury
Summary
Over 16 years experience in corporate finance, treasury management, mergers and acquisitions across refining, petrochemicals, telecom, retail, real estate, hotels, solar and wind. Led financing of over USD 50 billion through bonds, loans and export credit agency backed financing for growth projects and new businesses.
Proven track-record of strategic planning and decision making through raising large liquidity globally, treasury and cashflow management, working capital, mergers and acquisitions, risk and compliance.
Demonstrated relationship-building skills through active engagement with international lenders and investors, leading international rating agencies and reputed international law firms.
Recognized for leadership skills through selection in Reliance's prestigious Career Acceleration Program to groom young leaders for senior leadership roles.
Overview
13
13
years of professional experience
Work History
Vice President, Treasury
Reliance Industries Ltd
Mumbai
01.2011 - Current
- Tied-up over USD 50 billion financing in last 13 years across products (loans, bonds), markets (US, Europe, Asia, Middle East) and currencies to fund growth projects and new businesses
- Led many first landmark issuances out of Asia - First free for life perpetual bond, USD 4 billion jumbo bond issuance out of Asia, largest term loan, first schuldschein loan and many more.
- Actively manage relationships with over 70 lenders and investors across the globe . Manage one of the largest export credit agency (ECA) relationships for any corporate globally - with 17 ECAs
- Track-record of effectively negotiating documentation with reputed international law firms
- Achieved the following through proactively monitoring market trends and efficient financing strategy -
- Increased the average life of debt for the company from 3 years to over 7 years
- Reduced cost of debt by ~2% through impeccable market timing
- Optimized the debt mix across fixed/floating instruments and currencies through treasury management
Education
Chartered Financial Analyst - Finance
CFA Institute
Charlottesville, United States Of America 06.2009 - 2012.06
MBA - Finance
SP Jain Institute of Management & Research
Mumbai, India 06.2005 - 2007.04
Bachelor of Management Studies - General Management And Specialization in Finance
Mulund College of Commerce, Mumbai University
Mumbai, India 06.2001 - 2004.04
Skills
Analytical Decision Making
undefinedAccomplishments
- Impeccable market timing in USD 4 billion bond issuance helped achieve significant liquidity at sub 4% for 10, 30 and 40 years. This resulted in savings in interest cost of ~USD 1 billion
- Raised USD 5 billion from term loans in 2023 amidst geopolitical tensions and heightened market volatility. This was largest loan out of Asia in 2023. 55 banks participated in this loan - largest lender group since 2000.
- Successfully led the financing in relation to acquisition of majority stake in Mandarin Oriental, New York by Reliance. Achieved savings in interest cost of over 1.25% and increased maturity of debt by 5 years.
- Successfully led the financing in relation to acquisition of Stoke Park, United Kingdom
Awards and Accolades
- Received Letter of Appreciation from Mr. Mukesh Dhirubhai Ambani, Chairman & Managing Director, Reliance Industries Limited for outstanding work in issuing the landmark USD 4 billion jumbo issuance.
- Recognized as 'Top 40 Finance Professionals Under 40 in India' by Mizuho Bank.
- Received numerous 'Best Issuer' and 'Best Deal Awards' from leading publications such as IFR Asia, Finance Asia, The Asset, TXF etc. for landmark transactions.
Timeline
Vice President, Treasury
Reliance Industries Ltd
01.2011 - Current
Chartered Financial Analyst - Finance
CFA Institute
06.2009 - 2012.06
MBA - Finance
SP Jain Institute of Management & Research
06.2005 - 2007.04
Bachelor of Management Studies - General Management And Specialization in Finance
Mulund College of Commerce, Mumbai University
06.2001 - 2004.04
Similar Profiles
Manoj NaikManoj Naik
GM Operations - Special Processes & Greenfield Projects at Reliance Industries LtdGM Operations - Special Processes & Greenfield Projects at Reliance Industries Ltd
Yogikiran J ParmarYogikiran J Parmar
Lead Maintenance - Mechanical at Reliance Industries LtdLead Maintenance - Mechanical at Reliance Industries Ltd
Raviranjan KumarRaviranjan Kumar
Project Manager at Reliance Industries LtdProject Manager at Reliance Industries Ltd