Chetan Garga: Managing Director and Country Head in bangalore, KA
Chetan Garga
Managing Director and Country Head
bangalore | IN
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Work experience
Allstate Insurance
Managing Director and Country Head | 11/2012 - Current
to a scale of 4600+ over 6 years with $100 M revenues
• Thought Partnership in setting up a Claims Operations hub across business areas and affiliates and bringing Technology collaboration to digitize the customer experience
• Board member of the India organization setting in place new governance practices for Board level review and reporting across the organization
• Grew the India organization far beyond the original Business plan across breadth, depth, scale and pursuing new areas to create additional value
• Delivered stronger results than plan across cost, quality, delivery and talent metrics
• Formulated an agenda on Transformation, Employee engagement and Operational excellence to bring additional value
• Spearheading startup engagements in India - in dialog with few prospects which have global relevance for the organization
• Engaging the organization in community activities and social initiatives
• Chair of the NASSCOM GCC Council in Bangalore. Past member of Regional Council
• Invited for thought leadership forums and panel discussions with visiting CXO's and to share leadership lessons with leading academic Institutions
SunGard Global Services
SVP | 08/2009 - 11/2012
• Responsible for providing Product Engineering and Services (Consulting, BPO) across SunGard's Banking, Treasury, Wealth Management and Retirement suite of products
• Managing teams across India, China and Tunis in a follow the sun model with a focus on Operational Excellence
• Managing a team to develop and deploy an open source Micro Finance solution as part of a Social initiative which won the prestigious Computerworld Laureate award in 2012 for creating and deploying IT for economic benefit across 500 nominations
Northern Trust
Senior Vice President and member of India Board | 01/2006 - 06/2009
Set-up back office operations for a US based Wealth and Custody Financial Institution in Bangalore
• Developed the BPM strategy and business case for the organization influencing various stakeholders with a time-line to migrate processes while managing business risk
• Participated in Vendor selection for Technology and Operations activities and managed them through a strong governance framework working with global stakeholders
• Built the India BPM center as part of the management team of 4 (only management team member on the ground during the initial period) to a size of 1800 at the time of leaving
• De-facto CAO of the India Organization responsible for Finance, HR, BCP, Legal, Compliance and Transitions
• Managed BCP - ensuring all teams had Global BCP plans, testing, simulation via table top exercises and built various tools to ensure that the operations were suitably de-risked
• Promoted to Senior Vice President within 10 months of joining
• Developed the HR organization including competency framework, policies, compensation structure and recruited 350+ staff over 15 months with attrition levels of less than 7%
• Receive Chairman's 'Absolute Quality Award' for building the India Organization
Financial Institutions in the IT
Managing Partner | 01/2004 - 12/2005
Started a Consulting firm to offer services to Financial Institutions in the IT / BPO areas
• Working with a North American Financial Institution to setup a governance framework and manage the IT and Operations back office vendors
• Developed the India strategy comprising both marketing and organization for a US based consulting firm which provides Cross Cultural training
Tata Consultancy Services
Global Head - Capital Markets and Investment Banking Practice | 08/2002 - 12/2003
Reporting to the Head of the Banking Practice with responsibilities for:
• Creating a strategic roadmap to develop a mature practice from a nascent form to accelerate the organizations revenues by creating growth and value engines
• Developing clearly articulated and concrete offerings (consulting, product and partnerships) to create opportunities to address client needs
• Developing solution maps for clients across the Investment Banking, Asset & Wealth Management domains and investigating partnership and alliance opportunities
City Consultants London (CCL)
Consultant - Client Connectivity | 01/2002 - 07/2002
This was a short assignment during which I helped CCL define their strategy in the fast developing area of client connectivity and set-up strategic partnering relationships with the likes of TRACE and Heliograph - leading vendors in the European space. I also wrote a paper on internal crossing platforms for Broker Dealers during this period.
Société Générale
Head | 09/1999 - 09/1999
of Strategic Development', including e-Business Development reporting to Dec 2001 the Global CIO with primary responsibilities being:
• Assessing and monitoring e-business investments (new & historical) as well as set-up an environment to accelerate / incubate ideas with the active support and participation of Business Lines and other functions.
• Represented the Organization on the European FIX Steering Committee
• Investigating potential strategic alliances and providing thought leadership to Senior Management in areas of new technologies, business models, unforeseen competitors offering new ways of doing business, co-opetition etc.
• Managing global transversal initiatives like Innovation, Change, Knowledge Management, e-learning, e-procurement of contractors and corporate portals
SG Securities
1.Global Program Manager | 06/1993 - 09/1998
of an Equity Order Management System (OMS) commissioned for global deployment in all sales and dealing centers with a $10 Million annual budget. These included direct execution on leading exchanges, program and algorithmic trading, internal crossing, directing trades to various pools of liquidity among other complex features.
2. Associate Director - in charge of all front office developments for Asian subsidiary of SG Securities (originally Crosby Securities). This included MIS and other systems for users in Sales, Dealing and Research departments and for senior management.
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