Devidu Anand Venkateswaran, Management Consultant

Devidu Anand Venkateswaran

Management Consultant

Baker Tilly

Location
Kuwait - Al Kuwait
Education
Diploma, Finance, Operations & Technology
Experience
23 years, 11 Months

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Work Experience

Total years of experience :23 years, 11 Months

Management Consultant at Baker Tilly
  • Kuwait - Al Kuwait
  • My current job since January 2016

• Responsible for:
- Define Short, Medium & Long term strategy & roadmap for execution.
- Program Management for Business Process & Operational Transformations via Target Operating Models, Lean Six Sigma, BPM & Shared Services.
- Organizational Re-structuring, Change & Leadership Stakeholder Management.
- Define & Document Process, Policy & Procedures.
- Digital Journey Fulfillment: Techno-Functional consulting, BPR, Improve Process Effectiveness, Service Delivery Improvement, Reduce cost per transaction, Maximize Customer Convenience Quotient & Increase market share
• Scope of Domain Engagements: BFSI, Insurance, Retail, ICT, Telecom

Program Management, Transformation & Operational Process Excellence Lead at Commercial Bank Of Kuwait
  • Kuwait - Al Kuwait
  • August 2009 to December 2015

Business Process Management & Transformation

o Leading 3 interdependent value adding teams:
 Business Process Management - Process Re-engineering (BPR) & Automation, Lean Six Sigma Quality initiatives

 Program Management Office - Tech / Ops role focusing on system related implementations & change management

 Policy & Procedure documentation - Maintain bank’s Intellectual Capital Database (ICD) based on ISO standards.

o Strategy deployment and support senior management & Exec committee to execute projects aligned to long term vision.

o Define annual project pipeline with a 3 to 5 year road map to achieve Operational Excellence & Technology optimization.

Program head - Managed & successfully implemented Kuwait Electronic Cheque Clearing System implementation on 14th June 2015

Established “iSPEED”, a turnaround working model for Commercial Bank of Kuwait. Scope: Improve Bank wide - Business Process Management, Operational Excellence, Change Management, Operations Standardization & Consolidation, Program Management, Define ‘Measurements’ requirements bank wide (KPI’s & KRI’s), Balance Scorecards & Strategy Plan execution.

Completed a bank wide process mapping exercise as Re-engineer, Consolidate & Standardize Key revenue impacting processes, optimize the technology platform. Process scope: Operations, Wholesale Payments, Retail Loans, CASA & Treasury

Re-designed & Centralized Remittance process from 53 branches to a scan & image based central processing model.

Successfully moved from SWIFT alliance to SWIFT lite2 on could - Pioneering effort in Kuwait.

Change Mgmt, Management Information & Internal Control

o Provide support via projects to SBU heads & MANCOM with the with focus to improve processes & technology efficiency

o Define bank wide performance analysis (MIS) & reporting model - Internal & Regulatory for senior management.

 Program Manager – Bank wide Process Management, BPR & Transformation at Gulf Bank
  • Kuwait - Al Kuwait
  • June 2009 to July 2012

Designed & Implemented the Swift Remittance processes within the core banking application.

Led the Pioneer “We Promise” campaign at Gulf Bank and achieved break through cycle time improvements in customer facing delivery of Remittances, credit cards, Debit cards and Consumer loans. (http://www.e-gulfbank.com/eng/aboutUs/newsroom/articles/20111114WePromise.jsp) - Designed and launched the ‘We Promise’ campaign, a process improvement initiative for Cards & Loans - A pioneering effort in Kuwait market.

Process improvement within retail bank for ‘Account Opening’ & ‘Retail Lending’ through Workflow implementation

Redefined central archival process & implemented scan based solutions to reduce space and storage cost by 45%

BPR within Treasury back office, Central Operations, Corporate Banking, Call Centre to improve process efficiency & service levels.

BI on biz performance levels, Strategic inferences against biz specific projected budgets & local / regional market intelligence reports for the senior management (CXO team)

Manager - Special Projects & Operational Excellence at Alghanim Industries
  • Kuwait - Al Kuwait
  • December 2007 to June 2009

Set up the Process Excellence (PEX) team within Alghanim focusing on BPR & Lean Six Sigma.

Set up “Alghanim SSC” - The first captive ‘Shared Services Centre’ for IT & Finance operations in GCC focused on reducing operational expenditure & to achieve process excellence.

Consolidated IT, Finance and Accounting operations of 22 different businesses across 5 geographies (Kuwait, UAE, Turkey, China and India). Responsible for process standardization, system migrations, workflow implementation and setting up the 150 seat FSSC in Kuwait. FSSC handles USD 2 Billion worth transactions annually. Cost saves USD 240K in 3 quarters.

Manager - Process Excellence & Business Transformation (Wholesale Banking Global Operations) at Standard Chartered Bank
  • India - Chennai
  • June 2004 to December 2007

Program manager for Wholesale Operations standardization within the Shared Services Centre

Re-engineered payments process for 13 countries (APAC & MENA region) to improve process quality, cost & CSAT.

Responsible for project scoping, feasibility study, business plan on the P&L impact at both Hub & Spoke, system re-design, planning for resources and allocation, Process study, ABC & Gap analysis set up infrastructure, migrated systems & process within the agreed timelines, training and deployment.

I handled a team of 30 across 3 geographies.
Project realization: Cost reduction by 60% & processing time reduction by 55%

Associate Manager - Process Development (Consumer Banking, India & Nepal)

Define BPM framework & develop procedures for secured lending products within consumer banking (India & Nepal)

LSS Black Belt project -
o Error reduction in loan on-boarding process. Increased accuracy levels from 72% to 98%

Associate Manager - Process Development at ICICI Prudential Life Insurance Company
  • India - Mumbai
  • January 2004 to June 2004

Define BPM framework & develop procedures for secured lending products within consumer banking (India & Nepal)

LSS Black Belt project -

o Error reduction in loan on-boarding process. Increased accuracy levels from 72% to 98%

Migration Specialist at WIPRO BPO
  • India - Chennai
  • October 2002 to December 2003

Project Member and SME in the Pilot Team. Designed and implemented the work flow management system, designing the MIS reporting model & training of teams on the floor.

Completed the first Six Sigma Green Belt project on re-designing the workflow, which increased the floor productivity per resource by 34%.

Senior Account Executive - Client Servicing at Ogilvy & Mather
  • India - Bengaluru
  • June 2000 to October 2002

Handled the relationship for Monsterindia.com, Coats India, Rubbermaid, Ford India, Satyam Infoway, Reynolds & Apollo Life.com.

Planning & executing product launches & promotional activities.

I was a part of the team that won the ECHO award for Satyam Computers.

Education

Diploma, Finance, Operations & Technology
  • at Harvard Business School (HBS)
  • December 2008

Diploma Certification in Economic Value Add (EVA). The program was designed to train & equip future leader candidates to understand the business impacts on the balance sheet bottom line achieved via consolidation & standardization of Operations & Technology complimenting the Financial projections. Course material designed to train on concepts & application of same via practical real life situations picked from the organization with senior management support & guidance from the professors & facilitators from Harvard Business School (HBS)

Bachelor's degree, Commerce, Accounts, Economics
  • at university of madras
  • June 2000

Major subjects: Commerce, Financial Accounts, Economics, Allied subjects: Business Law, Mathematics, Statistics

Diploma, Information Technology
  • at Tata Infotech
  • June 2000

Master Diploma in Information Technology

Specialties & Skills

Workflow Design
Shared Services Implementation
Partner Relationship Management
Business Process Excellence
Program Management
Microsoft Excel
Minitab
Microsoft Visio
Microsoft Powerpoint
Microsoft Projects
Presentation

Languages

English
Expert
Arabic
Intermediate
Hindi
Expert
Tamil
Expert
Malayalam
Expert

Memberships

Operational Excellence Society
  • Member Advisory
  • November 2013

Training and Certifications

Conflict Resolution (Training)
Training Institute:
Institute of Banking Studies
Leadership Management (Training)
Training Institute:
Institute of Banking Studies
FATCA implementation (Certificate)
PMP (Certificate)
Anti Money Laundering (Certificate)
Certified Payment Card Industry Security Implementer (CPISI) (Certificate)
Date Attended:
June 2014
Six Sigma Black Belt (Certificate)
Business Process Re-engineering (Certificate)

Hobbies

  • Ten Pin Bowling
    Professional Ten Pin bowler. Lead the bank's team in Kuwait
  • Speaker
    Present white papers on Process Re-engineering at Operational Excellence forums in APAC & MENA regions for the last 5 years.
  • Singing
    Trained singer (Indian music)
  • Corporate Social Responsibility - on AIDS campaign
    A champion role on spreading awareness on AIDS related campaigns. Professionally trained and practicing on non-profit basis.
  • Pro Bono Consulting
    Free Lance skill based consulting on honorary basis.