Anil Verghese
Banker
Mumbai
Summary
Looking for a consulting role with Hybrid ,flexible working hours aligning Banking,Finance ,Change and People skills. Versatile Managing Director with proven skills to perform multiple roles successfully using relationships, acquired skills and ability to provide results within agreed timescales without compromising on quality and while managing risks.
Overview
36
36
years of professional experience
8
8
years of post-secondary education
2
2
Certifications
Work History
Managing Director
AC FZE
01.2016 - Current
- P&L responsibility of 600 million dollar turnover company in UAE
- Establishing relationships with Banks in UAE , Saudi ,Hong Kong & Bahrain for Trade finance products
- Implemented robust financial controls and reporting systems, ensuring accurate forecasting and budget management
- Optimized resource allocation for improved efficiency and profitability across all departments
- Enhanced risk mitigation protocols proactively addressing potential hazards before it became critical incidents
Director & Head - Client Due Diligence
Standard Chartered Bank Singapore
01.2014 - 01.2015
- Lead Client Due Diligence Gap Remediation for Wholesale Bank across 50 countries and 1400 senior RMs
- Managed KYC operations for Singapore and Malaysia with 80 staff
- Facilitated cross-functional collaboration for improved decision-making processes within organization
- Oversaw operations and provided corrective feedback to achieve daily and long-term goals
- Strengthened internal controls by reviewing existing policies and procedures, ensuring compliance with regulatory requirements
Director & Head Core Banking Singapore & Malaysia - Wholesale Banking
Standard Chartered Bank
09.2010 - 12.2014
- Lead and successfully executed two Transformational and Strategic Projects in USD 18 million of implementing Core Banking Change for Corporate Banking in Singapore in Singapore and Malaysia ( McKinsey quote of USD 120 million).This was done on almost no major negative Corporate Client impact. Awarded CEO award for Singapore and Malaysia and appreciated by Central Banks of both countries.
- Performed Stakeholder management,Business communications with CEO of Bank ,Board members and internal stakeholders to ensure resources both hard and soft and hurdles are managed successfully.
- Established culture of continuous improvement by fostering open communication channels and empowering employees to voice their ideas
- Strengthened internal controls by reviewing existing policies and procedures, ensuring compliance with regulatory requirements
- Facilitated cross-functional collaboration for improved decision-making processes within the organization
Director – Strategy & Client Service Group, South Asia
Standard Chartered Bank
01.2005 - 08.2010
- Established a Client Coverage Service that led to over USD 300 million in P&L
- Manage Corporate Call centers across India, Nepal , Sri Lanka and Bangladesh.
- Performed think tank member role working with Global Heads of Service, Client Coverage and Treasury based in Singapore and London.
- Piloted process improvement for Corporate banking and Supply chain using 6 sigma re-engineering teams.
- Led Culture change program for South East Asia working with Co Heads of Corporate banking , CEOs and Board .This resulted in hard and soft dollar benefits.
Director & Retail Liabilities Head (W), Head -Employee Banking, India
Standard Chartered Bank
01.2003 - 12.2004
- Architected cross sales of retail banking products like Priority Banking, Mutual Funds, Insurance, mortgage, Personal loans, Corporate credit cards to Medium and Large Coporate
- Lead - 500 Sales Team to cross sell Retail Banking products
- Increased sales revenue over 300% in most P&l roles in Wealth Management by aligning Sales and Service to Market segments. Continuously designed products to suit market requirements eg. Cash intensive business or FX sensitive markets.
V P & Head - Priority Banking West, Wealth Management, Retail Banking
Standard Chartered Bank
01.2001 - 12.2002
- Led and managed Acquisition, deepening and service of Priority Banking Accounts( Rs 20 million plus) for Western Region
- Increased revenue of Branch Books by cross selling, Current accounts Savings accounts ,Mutual Funds and Insurance products to High Net worth customers focusing on catchment based products and service.
- Lead 60 Branch staff and 200 Sales Agents to Acquire and grow business.
Asst Vice President- Wealth and Retail Products
Citibank, NA
Mumbai
08.1990 - 07.2001
- Established Sales Team of 400 officers to acquired Liabilities, Deposits and HNI accounts across Western India
- Increased new account acquisition across 20 cities by Hiring, Re-segmenting & grow Liability portfolio using mix of RM and Sales Agents and evolving Sales Strategies, new Product developments, collaboration between Corporate banking, Treasury and other Retail Products.
- Increased new account acquisition from 1000 to 7000 accounts per month.
- Championed diversity initiatives within organization, promoting inclusive work environment that attracted top talent from various backgrounds.
- Developed long-term strategies for business growth, resulting in increased revenue and market share over a five-year period.
Sales Manager-Large Accounts
HCL Infosystems Ltd.
08.1988 - 07.1990
- Performed frontline selling of Office Automation products in Major Accounts like Income Tax, Customs, Police, Court, Navy , Research Institutes, Bombay Municipal Corporations
- Awarded "Best Sales Person" for two years amongst 300 highlight qualified Sales staff.
Education
Chartered Banker - Banking And Financial Support Services
01.2013 - 08.2015
MBA, Marketing Management -
04.1986 - 10.1988
BSc, Chemistry, Physics, Maths - Bachelors of Science
04.1982 - 05.1985
Skills
Corporate Banking & Retail Banking
Trade Finance
Client Relationship Building
Change Management
Process Improvement
International Business
Wealth Management
Legal - Arbitration Case Management
Sales Management
Finance Management
Project Management
Certification
Harvard – Negotiations
Professional Visual Artist
My website - anilvergheseart.com
Instagram- @anilvergheseart