NAGESH S ANGCHEKAR
(CA,CIA,CISA),Ex Deloitte(HUL),Ex Saint Gobain,Ex -Kennametal
Mumbai
Summary
Versatile professional with cross-functional experience across Enterprise Risk Management,GRC,Internal Audits & Finance Controlling, ensuring strong controls & compliances throughout to minimize risk; and act as an early warning system for businesses to mitigate & manage risks better. Designed and implemented a holistic GRC framework covering governance, operational, IT, and third-party risks. Developed board-level risk appetite statements, integrating strategic and operational risk dashboards. Honored with the prestigious award at the 3rd Annual Audit & Risk Summit for groundbreaking contributions to audit processes and risk management methodologies. Led the company to achieve the distinguished Golden Peacock Award for Risk Management, acknowledging our excellence in Enterprise Risk Management (ERM) practices & strategies in 2020. Proven track record in delivering Risk based Internal Audit & Enterprise Risk Management (ERM) engagements; with an aim to provide management an independent appraisal & objective assurance of effectiveness of risk management, governance and internal controls. Innate excellence in collaborating with C-Suite, Senior Leadership & Audit Committee’s in decision-making process and stronger governance processes.
Overview
21
21
years of professional experience
Work History
Principal Consultant
PKF Sridhar & Santhanam-(Client-Tata Group, Bombay Dyeing, Fly 91)
Mumbai, India
09.2025 - Current
- Lead and manage multiple internal audit, assurance and risk advisory engagements, ensuring timely completion, quality of deliverables and compliance with firm methodology.
- Managing ERM Engagements,Microsoft Dynamics Implementation,DPDP and other consulting engagements
- Develop engagement plans, risk assessments and detailed audit programmes based on understanding of client business, processes and key risk areas.
- Act as key client contact during assignments – coordinate fieldwork, manage expectations, handle queries and support closure of audit issues.
- Guide and supervise audit team members; provide on-the-job training, technical guidance and performance feedback.
- Coordinate with partners on scoping, resource planning, fee estimates and engagement profitability.
- Use data analytics and technology-enabled procedures to enhance coverage, identify anomalies and improve audit efficiency.
- Support business development through proposal inputs, preparation of pitch materials and participation in client discussions where required.
- Contribute to internal knowledge building by developing checklists, templates, training materials and industry-specific best practices.
Founder
IntelliRIM
01.2025 - 08.2025
- Conceived, designed, and developed IntelliRIM, a proprietary AI-powered Integrated Risk Management (IRM) platform integrating enterprise risk, compliance, internal controls, and analytics into a single ecosystem.
- Built predictive risk models, RPA-enabled control testing, and real-time dashboards, enabling continuous assurance and proactive risk management.
- Designed IntelliRIM to align with COSO, SOX, ISO 27001, and FCPA frameworks, making it adaptable across industries.
- Strengthened capabilities in AI audit analytics, workflow automation, and scalable GRC design—insights now ready to be applied in corporate leadership roles.
- Positioned IntelliRIM as a next-generation GRC solution for organizations seeking to move from reactive audits to predictive, technology-enabled governance.
DGM-Group Assurance
Indus Towers Limited
10.2017 - 12.2024
- AI-powered continuous auditing platform integrating IoT tower data, ERP transactions, and contract management systems, reducing audit cycle times by 25%
- Deployed RPA bots to automate 75% of ICFR and operational control testing, cutting manual workload by 60% and improving accuracy.
- Designed and implemented a holistic GRC framework covering governance, operational, IT, and third-party risks.
- Championed a company-wide risk culture transformation program.
- Developed and executed a comprehensive risk-based audit plan covering operational, financial, IT, and compliance areas.
- Provided quarterly risk intelligence briefings to the Board and Audit Committee, directly influencing strategic decisions.
- Provided quarterly reports and recommendations to the Audit Committee and Board of Directors on key risk exposures.
- Partnered with quality teams to align GRC controls with TQM and Deming Prize readiness frameworks.
- IT Security, Cyber Security and IT Infrastructure Audits and led several Cyber Security reviews which include Cyber maturity assessment, preparedness testing as well as vulnerability and recommend adequate Security controls.
- Conducted thorough investigations & implemented robust fraud prevention & detection programs, safeguarding the organization against financial irregularities.
- Provided strategic counsel to Circle CEOs & Regional Directors, offering insights into revenue enhancement, cost reduction opportunities, process simplification & automation initiatives. Collaborated closely with IT & National Function Heads to address circle-specific challenges and optimize operational efficiency.
- Orchestrated update meetings & delivered comprehensive reports on audit status & assurance activities to the CEO & Management Committee, ensuring alignment with corporate governance standards. Spearheaded critical activities such as Annual Internal Audit planning, Enterprise Risk Management (ERM), Internal Financial Controls (IFC), and Audit Committee presentations.
- Conducted meticulous reviews of function-specific Key Performance Indicators (KPIs) for five circles on a monthly basis. This involved monitoring high-cost projects, inventory management, network uptime, dispute resolution, and compliance status. Ensured prompt closure of high and medium audit points and effectively managed Ombudsman cases and IFC compliance issues.
- Held monthly meetings with circle leadership teams to provide insights into critical issues identified during assurance activities, audits & special assignments. Offered valuable support and guidance to business functions to facilitate informed decision-making.
- Formulated comprehensive risk-based audit programs, evaluated audit areas, and recommended measures to enhance controls, thereby contributing to improved organizational governance.
- Supervised & maintained the quality of work, deliverables & timelines of audits conducted by in-house teams and external partners. Ensured adherence to audit standards & regulatory requirements throughout the audit process.
- Significant Highlights:
- Led the design and deployment of an AI-driven continuous monitoring framework for a portfolio of telecom towers. Integrated IoT sensor data (vibration, power usage, access control logs) with ERP lease and billing systems. AI models identified:
- Unbilled tenant equipment, recovering INR 80 mn in missed revenue.
- Diesel theft patterns, saving INR 50 mn in operational costs.
- Structural safety risks at three towers, enabling preventive maintenance before failure. Transitioned the audit approach from periodic, sample-based reviews to full-population, 24/7 monitoring, significantly improving fraud detection, compliance adherence, and operational uptime.
- Spearheaded the implementation of a comprehensive company fraud control framework & compliance programs, ensuring adherence to regulatory standards & ethical practices.
- Led risk and compliance integration following major acquisitions, standardizing policies across all business units.
- Collaborated closely with senior leaders across various departments to instill a values-based compliance culture, fostering engagement, communication, and training initiatives.
- Championed accountability initiatives throughout India, promoting greater business transparency, fostering a speak-up culture, and reinforcing trust in the company among employees & business partners.
- Developed & executed a robust communication & training strategy to fully embed the desired compliance culture within West India, ensuring widespread understanding & adoption of compliance policies & procedures.
- Led end-to-end investigations into company-level non-compliance, fraud, process failures, data leakage & misconduct, demonstrating a proactive approach to addressing organizational challenges.
- Successfully resolved complex cases of corruption, malpractice & internal frauds involving employees, associates & business partners, safeguarding the company’s reputation & integrity.
- Conducted comprehensive training sessions for employees, associates & business partners on the Code of Conduct and related policies, facilitating annual certifications to ensure ongoing compliance.
- Managed the sustenance of the Internal Control over Financial Reporting (ICFR) framework with over 95% effectiveness for approximately 4 years, overseeing a wide range of controls & control owners.
- Monitored & maintained compliance with over 100 policies & procedures through rigorous internal audits, financial controls testing, self-assessment checklists, authority matrices, segregation of duties (SOD), and awareness initiatives.
Chief Internal Auditor (CIA)
Kalpataru Group Assurance
08.2014 - 09.2017
- Served as the Chief Internal Auditor (CIA) for PSIPL, a prominent company within the Kalpataru group, overseeing internal audit operations & ensuring compliance with regulatory standards & best practices.
- Recognized with the Best Performance Cash Reward(AGM Kalpataru -Real Estate) in 2014-15 by the Managing Director for successfully conducting special fraud investigations & leading recovery assignments, demonstrating exceptional dedication.
- Established ERM governance model integrating COSO principles into global operations.
- Conducted comprehensive operational reviews of Kalpataru Group Companies in India & Overseas, spanning diverse business verticals such as construction & infrastructure, power transmission & real estate, contributing to enhanced operational efficiency & performance metrics.
- Selected for the prestigious Kalpataru Leadership Management Program within a remarkable timeframe of 1.5 years, showcasing outstanding leadership potential and professional excellence.
- Led numerous independent fraud investigation assignments across group companies, demonstrating adeptness in identifying & mitigating risks & ensuring compliance with internal policies & regulatory requirements.
- Provided invaluable support to the Board & Management in fulfilling corporate governance responsibilities, including the establishment of an Enterprise Risk Management Framework (ERM) & the development of functional risk registers with comprehensive risk profiling across strategic, operational, financial, reputational, and compliance domains.
- Offered critical advice & monitoring on key internal control issues & significant operating risk exposures, fostering a culture of risk awareness and accountability at all organizational levels.
- Spearheaded initiatives to improve corporate governance practices, including the implementation of control frameworks, approval matrices & whistleblower programs, emphasizing the importance of information governance & security.
- Contributed to the development of standard operating procedures (SOP) and a robust control environment within the organization, conducting gap analyses of existing controls and implementing remedial measures to enhance efficiency and effectiveness.
- Cultivated strong relationships with leaders across the organization, proactively identifying areas for improvement & driving initiatives to optimize organizational performance & strategic outcomes.
- Significant Highlights:
Deloitte Haskins and Sells(Hindustan Unilever Ltd)
04.2014 - 08.2014
- Handled $6 Billion client (HUL) with 80 manufacturing and office locations.
- Responsible for managing the internal audit ,Internal Financial Control process improvement ,preparation of Audit Committee presentation and managing team of 18 chartered accountants and closely working with Chief of Internal Audit of HUL
Finance Controller
Kennametal India Ltd.
12.2011 - 10.2013
- Audit and Risk Management Head -India Operations
- Oversaw anti-bribery risk assessments in Asia-Pacific high-risk markets, embedding controls into supply chain and procurement processes.
- Integrated anti-bribery policies into global governance framework.
- Led key SOX 404 Implementation projects including ITGC implementation.
- Led a team of professionals providing risk-focused financial and accounting, information technology, and operational audit coverage while also assisting or leading process improvement projects.
- Reported directly to Director Internal Audit-(USA) and successfully excelled in special assignments and controlling responsibilities entrusted by management. Worked with international auditors, on audits within and outside India.
- Played a pivotal role as being a Member of the risk management committee, and Audit Committee and Board meetings.
- Reported to the Audit Committee on a quarterly interval on Internal Audit assignments including risk advisory work, planned reviews, investigations, Interested Person Transactions, Whistle-Blowing and any other ad-hoc activity as required.
- Controlled full audit cycle including risk management and control management over operations-effectiveness, financial reliability and compliance with all applicable directives & regulations.
- Finance Controller-India Operations
- Responsible for leading dynamic areas of Finance & Accounts and active business collaborating with the CEO and business heads, jointly responsible for ensuring delivery of yearly P&L targets.
- Part of senior leadership team responsible for creating long term Business Strategy and evaluating various capex projects.
- Financial accounting, reporting, monthly /quarterly /annual closures.
- Presentation of financials and briefing with Board of Directors.
- Direct and lead financial planning, annual budget and long range strategic business plans.
- Determining financial objectives, designing & implementing systems, policies & procedures in consultation with top management to facilitate internal financial control.
- Supervising the preparation of MIS reports to provide feedback to top management on financial and operational performance viz, inventory management, profitability and more.
- Tracking Profitability of the products, revenue movement and Post facto evaluation and Gap analysis of variances against AOP.
- Managing External and Internal Audits and Sox compliance.
- Account Receivable and payable management.
- Drive innovative strategies along with business teams to enhance profitable business growth opportunities.
Saint Gobain
06.2007 - 11.2011
- 2007: Executive (Internal Audit) (Saint Gobain India Delegation)
- 2008: Manager (Internal Audit) (Saint Gobain India Delegation)
- 2009: Manger Sales (Operations) (Saint Gobain Abrasives)
- 2010-11: Area Sales Manager (Karnataka) (Saint Gobain Abrasives)
- Significant Highlights:
- Internal Audit and Risk Management
- Implemented Audit Intranet to improve efficiency of Audit Department by online audit reports, status & online knowledge bank.
- Successfully executed Risk Based Audit of the following Saint Gobain Group Companies (India) including international assignments along with global Internal Audit team:
- Saint Gobain Glass
- Grindwell Norton
- Saint Gobain Crystals and Detectors
- Saint Gobain Seva Engineering Ltd.
- Saint Gobain India Gyproc Ltd.
- Saint Gobain Sekurit
- Saint Gobain Weber
Manager Internal Audit
RSM International
04.2005 - 05.2007
Education
CIA -
Institute of Internal Auditors of India
Mumbai,India01-2025
CISA -
ISACA
Mumbai01-2006
MDBA -
Symbiosis
Mumbai01-2006
CA -
ICAI
Mumbai,India01-2004
Skills
- Enterprise Risk Management
- Fraud Prevention, Detection & Investigation
- Risk-Based Audit Planning & Execution
- Continuous Monitoring & AI-Driven Audit Analytics
- Process Automation (RPA)
- COSO Framework, IFC, SOX, FCPA, IPPF Standards
- Regulatory Compliance Management
- Continuous Process Improvement/ Transformations & Transitions
- Global Stakeholder Relationship Management
- SOP/ DOA Reviews
- Presentations to Audit Committee
- People Management/ Team Set-up & Stabilization
- Data Analytics ( IDEA, Python, SQL, Power BI)
- IT & Cybersecurity Auditing (ISO 27001, COBIT)
- Fraud Risk Assessment & Forensics
- Governance & Board Engagement
- Audit Planning, Strategy, Methodologies & Standards
- Design & Implementation of Control Risk Governance Framework
Timeline
Principal Consultant
PKF Sridhar & Santhanam-(Client-Tata Group, Bombay Dyeing, Fly 91)
09.2025 - Current
Founder
IntelliRIM
01.2025 - 08.2025
DGM-Group Assurance
Indus Towers Limited
10.2017 - 12.2024
Chief Internal Auditor (CIA)
Kalpataru Group Assurance
08.2014 - 09.2017
Deloitte Haskins and Sells(Hindustan Unilever Ltd)
04.2014 - 08.2014
Finance Controller
Kennametal India Ltd.
12.2011 - 10.2013
Saint Gobain
06.2007 - 11.2011
Manager Internal Audit
RSM International
04.2005 - 05.2007
CIA -
Institute of Internal Auditors of India
CISA -
ISACA
MDBA -
Symbiosis
CA -
ICAI
CONTACT
- +91- 9619184121
- Nagesh.angchekar@gmail.com