MD & Chief Executive Officer - Asset Management

Chief Executive Officer - Asset Management

Principal responsibilities of the CEO :

- The Chief Executive Officer will be responsible for the performance and day-to-day management of the in accordance with the vision and stated objective as approved by the Board of Directors of the company.

- The responsibilities include development and implementation of the annual business plan, including the development and implementation of the long term growth plan of the company.

- CEO will also be responsible for organizing and ensuring an appropriate management structure, including adequate risk and control systems and procedures, appropriate for the and the portfolios under management.

- The organizational structure shall be based on proper segregation of duties, delegated authority and defined areas of responsibility.

- Delegation of investment authority shall be documented through investment mandates in consultation with the Chair and the Board of Directors of the company.

- All such mandates will be essentially presented to the Investment committee for its review and consideration, prior to being brought to the Board Reporting

- The Chief Executive Officer of shall report directly to the Board of the company, and shall execute decisions made by the Board. The Chief Executive Officer shall be entitled to attend the Board's deliberation of matters pertaining to the 's management and share the views with respect to that.

External stake-holder management :

- The Chief Executive Officer shall represent externally in matters falling within the scope of the responsibilities, and subject to the DOA, can enter into agreements and make commitments externally. This includes establishing and representing as an asset acquisition, reconstruction and management company.

- CEO of C- will be the member of COMPANY Leadership Team (CLT) and shall participate in the Strategic decision-making process of the company.

- The peer group of this position includes the leaders of the Investment Banking, Advisory and Debt Syndication verticals. Other peers include the other senior Advisors of the company.

Investment advice :

- The Chief Executive Officer of shall advise the Member of the Board of the company on the strategy and issues concerning investment management / asset acquisition, and will be expected to provide to them a well-founded and documented advice on the company's overall investment strategy and other aspects of investment management.

- Develop along with the leadership team the basis for decisions on asset management and investments to be reviewed and approved by the Board in accordance with the mandate for the Risk and Investment Committee.

- Ensure that relevant expertise and advisory capacity is available to the Board of Directors of the company and the Investment committee as it reviews and evaluates investment / acquisition decisions.

Organization and management :

1. The Chief Executive Officer of shall maintain and develop an appropriate organization to support its asset acquisition / investment strategy including the development of an appropriate organization structure.

2. Create a workplace that respects its employees and partners, working with community stakeholders to ensure effective working relationships, and active engagement with equity and other capital providers.

3. Ensure that the leadership team in the has resources available to provide well-founded research and analysis relating to the proposals being presented to the Board for its advice.

4. Establish internal guidelines to support the integration of social, environmental and corporate governance issues into the investment management process.

5. Strengthen the institutional foundation by ensuring that is a process driven organization. Instill in the team's robust process orientation, such that all decisions are made based on structured processes. Additionally, develop a reset and analytics team that provides the management with well structure and analyzed data for informed decision making.

6. Promote the values associated with operational excellence, project development, workplace safety, environmental best practices, and exemplary business ethics, integrity & entrepreneurship.

7. Systematically plan for the development, retention, and continuity of team's that are capable of achieving long-term sustainable growth. Ensure that succession plan for key critical position is in place for business continuity. Effectively communicate with all employees to keep them enthused and motivated to achieve the goals of the company.

8. Apart from support functions that are the responsibility of the Chief Executive Officer, s/he may utilize the services of third-party providers to achieve the strategic direction. This includes:

a. Establish guidelines to support when outsourcing may be used, together with prudent and thorough selection processes;

b. Perform monitoring and control activities to oversee external service providers, including external investment management institutions.

Planning and management :

1. Prepare and implement the strategic and annual business plans and ensure that these are formally updated on a regular basis, as well as whenever necessary to reflect significant changes; presented to the board of directors of the company for their review and approval

2. Ensure that the management decisions are undertaken in a cost effective manner and propose an annual budget for all activities proposed to be undertaken in each financial year

3. Develop sound strategy on matters concerning changes in the acquisition / investment strategy, including new asset types to be included, investment / acquisition risk, benchmark with the market leader and other players in the market, investment limits and other operating parameters for the acquired assets under management.

4. Contribute to the development of best asset management practice in the field of responsible investment and corporate governance.

5. Define and achieve AUM targets and establish parameters for measurement of performance and reporting to the board.

6. Outline to the board the competitive landscape after careful study of the same and articulate the way to achieve the agreed business goals

7. Lead the organization with an objective of maximizing cash flows, optimizing capital allocation and financial performance while delivering maximum shareholder value.

8. Ensure that the leadership team collectively implements and achieves strategic goals and annual business plans, budget and costs

Communication and external stakeholder management :

1. Act as the principal spokesperson in maintaining and engaging a broad cross- section of stakeholders, including investors, analysts, governments and communities. Effectively prepare for and represent the company in any media or community relations matters or legal proceedings that arise from operation of a business.

2. Effectively communicate all relevant legal and regulatory policies, processes and procedures throughout the businesses, including managing external advisors and holding them to account.

3. Maintain contact with similar 's, regulator, ministry and other institutions. Develop a center of excellence in the field of asset reconstruction and management and share best practice with the industry to establish C- as an institute of eminence.

4. Develop / strengthen the membership/s within the eminent industry and/or business associations or corresponding affiliations with, organizations or groups in India and overseas.

Safeguarding legal interests, risk and compliance :

The Chief Executive Officer shall ensure that the legal interests of C- are protected and pursued. This includes :

1. Safeguarding the assets through appropriate legal means; Mitigate legal risks associated with contracts and documentation across all assets under the management of C

2. CEO of C- will be responsible for establishing a Risk and Assurance organization to ensure internal risk and compliance systems and procedures, appropriate for all the assets and the portfolios under management.

3. Ensuring that the investment mandate and the norms that are set by the Board of C- are regularly monitored for compliance and strictly adhered.

4. Ensure that assets are managed so that they comply with tax and other rules and regulations; their adherence to these obligations are regularly monitored for compliance and reported periodically to the board of C-

5. Establish satisfactory risk systems and control procedures for all assets under management which meet defined standards, including systems for the management of market, credit, counterparty and operational risks, valuation and measurement of returns.

6. Establish and maintain continuity and contingency plans for C-'s business operations.

7. Establish and maintain frameworks for operational risks for C-'s business operations in line with laid down standards and procedures.

8. Establish appropriate requirements and procedures governing the code of conduct of as approved by the Board of Directors of the company.