lndrajit Banerjee, aged about 66 years, is a Chartered Accountant and has a corporate career spanning over 35 years. Over the last 20 years of his corporate career he played a key role in senior leadership positions, principally in Ranbaxy, Cairn India, Lupin and Indian Aluminiuim (Indal), dealing with unique business criticalities which led to the organisations realising their potential values.
He has a B. Com. (Hons) degree from St. Xavier's College, Kolkata. In his early career at Brooke Bond India Ltd and Indal, his focus was on establishing sound financial management systems in complicated business environment which also facilitated businesses to improve their competitive position. Since then, he has played the role of CFO/Executive Director in companies that experienced difficult business situations of varying nature in complex shareholding situations.
Between 1982 and 1999 he was at Indal, of which the final two years he was Chief Financial Officer, where he played a key role in the strategy formation and risk management in the company during the transformation stage. He joined Lupin Ltd in 2002, where he addressed the critical liquidity challenges faced by the company and led the entry of a set of private equity investors that helped re-brand the company. In 2007, he joined Cairn India ltd, where he guided the financing of the country's largest greenfield upstream onshore oil and gas development project which was the first large project of its size and complexity in India. He was also President and CFO, and a Member of the Executive Committee, at Ranbaxy Laboratories Ltd between 2011 and 2015, where he helped the company sustain itself through its most challenging times and played a critical role in the process leading to the merger of the company with Sun Pharma, later leading the integration of businesses and processes of the merged entity post-merger. In all the organisations where he has held key managerial positions, he has focused on enhancing stakeholder value while ensuring superior systems and processes that respect good governance practices.
Since 2015 he has engaged in certain specific management consultancy services, including business structuring and planning, management of growth situations, management of crisis situations through cash flow monitoring, prioritisation of operational requirements and bank relationship management, financing of working capital and establishment of Risk Management processes in multi-business and multi-regional organisations, business and financial process integration for existing organisations as well as for merging entities.