SUNDERKRISHNAN S. V.
Mumbai
Summary
Senior executive with over 30 years of leadership experience in risk management, governance, and digital transformation. Proven track record of leading large insurers, foreign banks, and global consultancies-including 2 Big Four firms-across both government and multinational environments. Skilled at managing complex stakeholder relationships, implementing effective risk frameworks, and guiding large-scale digital initiatives. Known for integrity, building cohesive teams, and navigating strategic change in regulated sectors.
Overview
25
25
years of professional experience
Work History
Chief Executive Officer
Clarimonde Solutions
09.2024 - Current
- Leading consulting projects in risk management, digital initiatives, and privacy compliance across diverse industries
- Collaborating with leading law firms on privacy and data protection initiatives
- Member of the Executive Committee for the Insurance Infotech Association of India
Chief Risk Officer
Life Insurance Corporation of India (LIC)
12.2023 - 09.2024
- Managed enterprise-wide risk strategies for India's largest insurance institution
- Integrated real-time risk identification tools across 2,400 branches, divisions, and subsidiaries
- Led digital transformation initiatives within LIC's risk management function
Chief Risk Officer
Reliance Nippon Life Insurance
05.2006 - 12.2023
- Oversaw Risk, Compliance, Internal Audit, Claims, Legal, Information Security, and Fraud Prevention teams for over 17 years
- Served twice as Acting CEO, guiding organizational strategy and operational governance
- Managed an investment portfolio exceeding INR 30,000 Crore, guiding risk-based investment decisions
- Led implementation of analytics-driven fraud detection systems and achieved multiple ISO certifications (31000, 27001, 22301)
Senior Vice President & Head of Corporate Audit Services
DSP Merrill Lynch
06.2005 - 05.2006
- Led internal audits and operational controls in coordination with Asia HQ (Hong Kong)
- Participated actively in committees focused on process enhancements and internal controls
Senior Vice President & Head of Information Systems Audit
ING Vysya
04.2003 - 06.2005
- Conducted IT audits for banking and insurance entities, reporting to global headquarters in Amsterdam and Hong Kong
- Supported Basel III implementation and SOX compliance, presenting to RBI and global leadership
Principal Consultant (IT)
ICICI Infotech & Other Firms
04.2002 - 03.2003
- Delivered strategic IT consulting for Commercial Bank of Qatar, Tata Informatics, and SIFY
- Evaluated technology infrastructure and recommended governance improvements
Head of Internal Audit, Risk Management & Compliance
Credit Lyonnais Bank
04.2000 - 03.2002
- Implemented integrated risk management practices aligned with RBI guidelines
- Led risk-based audits across Treasury, Corporate Banking, and Trade Finance operations
Education
Chartered Accountant (CA) -
Institute of Chartered Accountants of India
Certified Information Systems Auditor (CISA) -
ISACA, USA
Checkpoint Certified Cyber Security Professional -
(CCSA)
Enterprise Risk Management (ERM) -
Asia Institute of Management
Bachelor of Commerce & Economics -
B.Com
Inter Company Secretary -
-
Skills
- Enterprise Risk Management (ERM)
- Digital Transformation & Technology Integration
- Corporate Governance & Compliance
- Audit & Internal Controls
- Cybersecurity & Data Privacy
- Strategic Stakeholder Management
- Regulatory Engagement & Liaison
Awards And Professional Engagements
- Best Professional of the Year - ICAI
- Best CRO of the Year, Multiple Industry Forums
- Chairman, GRAB - ISACA India; President, ISACA Mumbai Chapter
- Standing Committee Member, Finance & Investments, IRDAI
- Core Committee Member, Life Insurance Council (Paperless Insurance) & Insurance Information Bureau of India
- Treasurer, Friends of Max and Rotary Clubs
- UNESCO Team Trophy, MMK College
Professional Highlights
- Led risk transformation initiatives as Chief Risk Officer at LIC and Reliance Nippon Life, significantly enhancing governance and risk culture.
- Played a central role in India's largest insurance FDI, facilitating Reliance Nippon's stake sale to Nippon Life Insurance.
- Recognized as 'Best Professional of the Year' by ICAI and repeatedly awarded 'Best CRO of the Year' by industry bodies.
- Held senior leadership roles across Asia, Middle East, and European financial institutions, successfully driving compliance and risk management initiatives.
Timeline
Chief Executive Officer
Clarimonde Solutions
09.2024 - Current
Chief Risk Officer
Life Insurance Corporation of India (LIC)
12.2023 - 09.2024
Chief Risk Officer
Reliance Nippon Life Insurance
05.2006 - 12.2023
Senior Vice President & Head of Corporate Audit Services
DSP Merrill Lynch
06.2005 - 05.2006
Senior Vice President & Head of Information Systems Audit
ING Vysya
04.2003 - 06.2005
Principal Consultant (IT)
ICICI Infotech & Other Firms
04.2002 - 03.2003
Head of Internal Audit, Risk Management & Compliance
Credit Lyonnais Bank
04.2000 - 03.2002
Certified Information Systems Auditor (CISA) -
ISACA, USA
Chartered Accountant (CA) -
Institute of Chartered Accountants of India
Checkpoint Certified Cyber Security Professional -
(CCSA)
Enterprise Risk Management (ERM) -
Asia Institute of Management
Bachelor of Commerce & Economics -
B.Com
Inter Company Secretary -
-
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