Tushar Giri
Colaba
Summary
STRATEGIC LEADER | CEO / COO | ORGANISATIONAL TRANSFORMATION Seasoned and decisive executive with 25+ years of distinguished leadership in Defence, Maritime, and Professional Institutional sectors, including a proven track record as an Indian Navy Commander and Executive Director. Spearheaded enterprise-wide transformations, driving record-setting financial growth, significant membership turnaround, and operational excellence. Expert in governance, fiscal strategy, large-scale program management ($7.5B+), and global repositioning. Recognised for integrity, strategic vision, and building high-performance cultures that deliver sustainable value and market leadership.
Overview
26
26
years of professional experience
1
1
Certification
Work History
Executive Director
Institute of Actuaries of India (IAI)
09.2023 - 04.2025
- Led a comprehensive institutional turnaround, driving unprecedented growth and global repositioning for India's actuarial apex body.
- Orchestrated a 7-year membership decline reversal, adding +2,500 new members (from 8,095 to 10,220) in under 12 months.
- Achieved record-breaking 16% YoY growth in qualified actuaries, setting a global highest actuarial benchmark.
- Delivered highest-ever revenue and surplus in IAI’s history (FY 24-25) through disciplined fiscal strategy and resource optimisation.
- Developed and executed 'Mission 33000 Actuaries by 2028' strategic roadmap, successfully achieving Phase I targets in FY 24-25.
- Spearheaded institutional turnaround, implementing structural reforms, fortifying governance frameworks, and driving strategic repositioning.
- Modernised examination systems, operations, and member services, instituting globally benchmarked decision-making and HR reforms.
- Enhanced IAI's global engagement and reputation through strategic partnerships, academic exchanges, and representation across diverse forums.
- Pioneered the pilot introduction of Actuarial Science into school curricula (Classes 9-12), expanding the talent pipeline.
Senior Surveyor (Defence Projects)
Indian Register of Shipping
10.2020 - 09.2023
- Drove critical defence project compliance and operational efficiencies for a leading global classification society.
- Served as sole Defence SPOC for Engineering shipbuilding approvals, ensuring 100% compliance with complex contract and build specifications.
- Secured prime shipbuilding contracts at premier shipyards, overhauling QA/QC frameworks to align with stringent defence and international standards.
- Streamlined plan approval processes, reducing timeframes by 75%, significantly enhancing classification efficiency and project delivery.
- Recognised for out-of-turn promotion to Head of Department within 3 years, reflecting exceptional performance and leadership.
Commander (Engineering Operations & Projects)
Indian Navy
01.1999 - 07.2020
- Led large-scale engineering, logistics, and operational programs for the Indian Navy, commanding complex projects and extensive infrastructure.
- Program Manager for $7.5 Billion warship construction at Mazagon Dock Limited, overseeing end-to-end execution of a critical national defence asset.
- Directed strategic technical advisory for optimal utilisation of high-cost assets across the Western Seaboard, ensuring peak operational readiness.
- Achieved 100% battle-ready status for a major warship within 28 days post-mothballing, demonstrating exceptional operational leadership.
- Orchestrated 50+ innovative ship/submarine repair operations, including leading crisis-response flood relief efforts (2005).
- Managed 800-acre logistics and engineering infrastructure, optimising resource allocation and generating $4 Million in savings.
- Led the training and development of 1,500+ personnel and mentored 500+ cadets (including international officers), cultivating a high-performance engineering force.
- Successfully secured GoI approvals for revised cost estimates for a critical Greenfield Project.
Education
PG Diploma - Foreign Trade
World Trade Centre
Mumbai06.2020
PG Diploma - Management
JBIMS
Mumbai10.2013
B.Tech - Mechanical Engg.
JNU
New Delhi08.1999
Skills
- Strategic Vision & Governance
- Enterprise-wide Financial Management & Growth
- Large-Scale Program & Project Leadership ($75B)
- Operational Excellence & Lean Transformations
- Global Stakeholder Engagement & Industrial Relations
- Talent Development & High-Performance Cultures
- Data-Driven Decision Making & Performance Improvement
- Ethics, Compliance & Risk Mitigation
Certification
- PRINCE2 Practitioner, Axelos UK - 2020
- Six Sigma Black Belt, IASSC - 2020
- Qualified Ship's Diving Officer, Indian Navy - 2001
- Basic Para Jumping Course, Indian Air Force - 2004
Awards
Commendation, Commander-in-Chief - Gas Turbine Replacement (2003), Hydraulic Repairs (2002), Appreciation Letter, Pune District Administration- Lonavala Flood Relief (2005)
RESEARCH & POLICY INITIATIVES
- Co-authored 'Morale & Belonging' study for the Indian Navy, influencing force retention and engagement strategies.
- Drafted policy on 'Asset Optimisation for Sustainable Operations,' contributing to long-term resource management for a Warship Squadron.
- Designed strategic frameworks for people engagement and organisational growth, fostering a high-performance culture.
- Co-drafted 07 SOPs including HR processes, Financial administration and Governance.
Timeline
Executive Director
Institute of Actuaries of India (IAI)
09.2023 - 04.2025
Senior Surveyor (Defence Projects)
Indian Register of Shipping
10.2020 - 09.2023
Commander (Engineering Operations & Projects)
Indian Navy
01.1999 - 07.2020
PG Diploma - Foreign Trade
World Trade Centre
PG Diploma - Management
JBIMS
B.Tech - Mechanical Engg.
JNU