13th-16th February 2020

Colombo, Sri Lanka

A marked slowdown in India’s economic growth in the context of shifting geo-political equations, trade wars and continuing stress within the Chinese economy, calls for a re-examination of business strategies. IMA India’s 24th Annual CFO Roundtable in February 2020 in Colombo, Sri Lanka aims to set the context for what CFOs should expect from 2020, a year that promises uncertainty but also the possibility of an upturn.

Sponsors

Associate Sponsor

Agenda


7:30pm

Pool side

  • Welcome Dinner
Come together over dinner to kick-off the 2020 offsite, a weekend of shared learning or – as we prefer to call it – collective wisdom

10:00am–10:30am

At the Grand Ballroom

  • Registration

10:30am–12:00pm

R Gopalakrishnan , CEO Mindworks, Executive Director, Tata Sons (retired)

  • Change, Personal Excellence
    and Success
Successful CFOs are involved in all aspects of the business while focusing at the same time on becoming better managers, strategists, problem solvers and leaders. How should CFOs balance business objectives and personal goals? What attributes do they need to inculcate to be able to manage dilemmas and make effective decisions?

R Gopalakrishnan is one of India's best known and most experienced business leaders with a career spanning almost 50 years in companies like Unilever and the Tata Group. Subsequently, he became a prolific writer, churning out books on management and history, and in his third innings as the CEO of Mindworks, he mentors leaders. Engage with Gopal as he shares experiences and lessons drawn from a long and illustrious career on how to be an effective manager and leader.

12:00pm–1:15pm

Suhasini Haider, Diplomatic Editor, The Hindu

  • Decoding India’s Politics
India’s political landscape is undergoing perhaps one of its most intriguing phases in memorable history. In 2014, the BJP ended a 24-year streak of coalition governments and followed this up, in 2019, by breaking an even older record of a single-majority party coming back to power. Entrenched ideologies were challenged, power equations were reset and a whole new cohort of voters, ideologues and thought processes suddenly came into the mainstream. As one would expect, this is creating social and cultural upheavals. At the state level, the picture is a lot more nuanced with some regional parties emerging stronger and others fading away. Inevitably, this is impacting policy making and implementation. What do these trends imply for decision making in the future?

As a senior journalist from one of India’s most respected media houses, Suhasini Haider brings an astute perspective to the table. She will decode India’s political fabric and attempt to make sense of this complex web of contrasting phenomena.

1:15pm–2:15pm

Luncheon

  • Luncheon

2:15pm-3:45pm

Rahul Bhasin, Managing Partner, Barings Private Equity Partners

  • Living Fully and Longer
(This will be hosted as a joint session with spouses)
Healthy living and a balanced lifestyle are about a lot more than complicated diets, rigorous exercise routines, ‘balancing work and life’, and so on. It begins with a firstprinciples-based understanding of how the human body functions – why it weakens and how it can be strengthened. Disillusioned with the conflicting and often ineffective advise thrown about by self-styled experts and even medical doctors, Rahul Bhasin has invested considerable time and energy researching this subject. He will share insights from his work that can help us all live better and longer..

4:30pm-7:00pm

A visit to the Buddhist Temple

  • A visit to the Buddhist Temple
Enjoy an evening visit to Gangaramaya Temple – an eclectic mix of Sri Lankan, Thai, Indian and Chinese architecture. The temple not only serves as a place of worship but is also a centre of learning.

7:30pm-9:00pm

PRADEEP SANGWAN , FOUNDER AND PROMOTER, HEALING HIMALAYAS FOUNDATION

  • Inspiring Change
(This session will be hosted over snacks and cocktails)
Pradeep Sangwan is an adventurist who trekked the Himalayas as a youngster and was appalled to see the mounds of litter left behind by careless travellers, and by the official apathy he encountered. He founded the ‘Healing Himalayas Foundation’ with a mission to restore India’s prized mountain range to its pristine glory. The idea took birth a decade ago and today, several campaigns later, his organisation has cleared almost 400,000 kg of waste from the Himalayas. Pradeep will share the challenges he faced and the successes he achieved in his difficult but fulfilling journey.

9:00pm

Crystal Ballroom

  • Dinner

9:00am–10:00am

Adit Jain, Editorial Director, IMA India

  • The Economy: India in the Context
    of a Changing World
The Indian economy is in the midst of a firm recession which, by all accounts, will take a few quarters to play itself out. It is important to understand the factors that have led to this state of affairs and, consequently, the drivers that can bring the economy out of its slump. Is the next phase of growth round the corner or will the wait be longer? What indicators would constitute reliable signs of revival?

Adit Jain will provide an analysis of India’s economic trajectory and an opinion on how things are likely to shape up in the coming months. He will also offer a perspective on how CFOs can adapt to maintain growth and protect margins in this environment. Adit is IMA’s Editorial Director and has authored over a thousand pieces on business and policy issues over the years

10:00am–11:00am

Suman Srivastava, Founder and Innovation Artist, Marketing Unplugged

  • Digital Transformation: Rewriting
    the Rules
The digital world is rewriting the rules of marketing, brand building and customer outreach, and it becomes critical for CFOs, as the ultimate custodians of corporate success, to understand the evolving paradigm. New learnings in the field of consumer behaviour tell us that the traditional AIDA funnel model (Attention-Interest-DesireAction) does not always describe customer journeys accurately. They often go from start to finish in an irregular and non linear fashion. They can be illogical and emotional. As behavioural economist Amos Tversky said, “Don’t worry about artificial intelligence. Focus on natural stupidity”.

Suman Srivastava, Founder and Innovation Artist at Marketing Unplugged, will provide a perspective on some of these principles and what they mean for brand building. Prior to founding Marketing Unplugged in 2011, Suman was the CEO of Euro RSCG India and the Chief Strategy Officer for Euro RSCG Asia Pacific. In 2016, he authored a book, Marketing Unplugged: Spotting the Elephants in the Room.

11:00am–11:30am

Discussion Break

  • Discussion Break

11:30am–1:00pm

C2FO

  • The Liquidity Challenge:
    Hard Choices for CFOs
The liquidity crisis at non-bank lenders and higher interest rates seem to have rattled chief financial officers of India Inc. Tightening liquidity is pushing up the cost of borrowing. Going forward, apprehensions over geopolitical issues, rupee depreciation, input price pressures, and state and general elections are likely to make matters worse. The problem is aggravated for SMEs that, according to the latest report by alternate lender C2FO, have been struggling to access funds due to prevailing conditions.

The discussion will be led by an expert from C2FO who will outline how liquidity is coming to the forefront as a key factor for determining business success; how the liquidity scenario will change in the next five years; and how businesses are navigating this environment.

1:00pm–2:00pm

Luncheon

  • Luncheon

2:00pm–3:00pm

Armstrong Pame , Director, Youth Affairs & Sports, Government of Manipur

  • The Miracle Man
IAS officer Armstrong Pame has made news for all the right reasons quite a few times. In 2012, he built a 100-km road connecting Manipur, Nagaland and Assam without any financial aid from the government. Since then he has kept busy with his many initiatives, a recent one starting when he decided to invite school students to his house every Friday for dinner. The ‘Miracle Man’ as he is fondly referred to, wanted to listen to their dreams and visions and have them express their desire about how they wished to see their district in the days to come. His marvellous initiatives earned him the honour of ‘India’s Most Eminent IAS Officer’. In 2018, he even made it to the list of the 100 most influential future leaders. Listen to the man himself as he talks about his experiences and achievements, and importantly his drive to achieve despite myriad challenges. The

3:30pm–7:00pm

Leisurely Visit to Mount Lavinia

  • Leisurely Visit to Mount Lavinia
Famed for its ‘Golden Mile’ of beaches, Mount Lavinia had until now escaped most of the damaging industrialisation of neighbouring cities and urban centres. Enjoy the walk at the beach; experience the sunset; and reminisce the colonial era architecture

8:00pm

South Lawns

  • Dinner

9:00am-10:30am

VS Parthasarathy , Group CFO & Group CIO, Mahindra & Mahindra Limited (M&M)

  • Evolving role of the CFO
Today, the role of a CFO has evolved and expanded into four types. The ‘accounting expert’ is good at reporting and closing books. The ‘deal maker’ is good at restructuring balance sheets and executing M&A transactions. The ‘operational steward’ understands the drivers of the business, while the ‘strategist’ uses his/her financial perch to help the management team drive strategy and outcomes. In addition to these tasks, today’s CFOs are assuming new responsibilities. Issues such as technology transformation, talent oversight and outsourcing arrangements, which allow their organisation to be highly efficient and scalable, have diversified the CFO’s job. The coming years will present new challenges and complexity on account of slowing growth, increasing regulation and tightening liquidity, ultimately putting new demands on the CFO. What do CFOs need to do to create value in such challenging times? What skills are needed by CFOs in the future? How can CFOs future-proof the Finance function?

VS Parthasarathy (Partha to all), in his role as Group CFO & Group CIO, Mahindra & Mahindra Limited (M&M), facilitates Mahindra Group in accomplishing its vision of being amongst the top 50 most admired brands in the world. Starting his career at Modi Xerox as a Management Trainee, he rose to become Associate Director at Xerox leaving in his wake many achievement. He joined Mahindra & Mahindra in 2000 and completed eventful stints in HR, Finance, M&A, IT and International Operations before being selected to the prestigious post of CFO of M&M. Partha will talk about how the shape and responsibilities of the CFO role will evolve in the future and what do CFOs need to do to take advantage of the opportunities.

12:30pm-2:00pm

Samudra Ballroom

  • Luncheon and Close



Children are welcome to join the Partners Programme in the daytime activities (except formal conclave sessions). As indicated at the time of registration, dinner functions are however ‘adults only’ and we would request you to ensure that alternate arrangements have been made– please contact the hotel for baby-sitting facilities if required. The programme mentioned above is intended to provide a holistic set of activities that are both entertaining and interactive. This is however completely optional – partner participants are welcome to plan independent of this programme if desired. Please inform the IMA team of the same if so. All speakers, sessions and timings are tentative and subject to ongoing confirmation. Dress Code : Informal/smart casual, also for the evenings.


SPEAKERS

DAYS

SESSIONS

PARTICIPANTS



Speakers


R Gopalakrishnan

CEO Mindworks, Executive Director, Tata Sons (retired)



Suhasini Haider

Diplomatic Editor, The Hindu



Rahul Bhasin

Managing Partner, Barings Private Equity Partners





Pradeep Sangwan

Founder and Promoter, Healing Himalayas Foundation



Adit Jain

Editorial Director, IMA India



Suman Srivastava

Founder and Innovation Artist, Marketing Unplugged



C2FO

TBD



Armstrong Pame

Director, Youth Affairs & Sports, Government of Manipur



VS Parthasarathy

Group CFO & Group CIO, Mahindra & Mahindra Limited (M&M)







Partners' Programme


0:00pm

TBD

  • TBD
TBD

0:00am-0:00am

TBD

  • TBD
TBD

0:00am-0:00pm

TBD

  • TBD
TBD

9:00am–11:00am

TBD

  • TBD
TBD

TBD

11:00am–11:30am

Discussion Break

  • Discussion Break

11:00am–1:00pm

TBD

  • TBD
TBD

1:00pm

Luncheon and Close

  • Luncheon and Close



Children are welcome to join the Partners Programme in the daytime activities (except formal conclave sessions). As indicated at the time of registration, dinner functions are however ‘adults only’ and we would request you to ensure that alternate arrangements have been made– please contact the hotel for baby-sitting facilities if required. The programme mentioned above is intended to provide a holistic set of activities that are both entertaining and interactive. This is however completely optional – partner participants are welcome to plan independent of this programme if desired. Please inform the IMA team of the same if so. All speakers, sessions and timings are tentative and subject to ongoing confirmation. Dress Code : Informal/smart casual, also for the evenings.

IMA Conferences

IMA’s Roundtables are an unrivalled hub of high-quality insight and invaluable networking. Our speakers, a mix of visionaries and industry stalwarts, ensure that these platforms are among India’s leading meeting grounds for industry Every summer for the last five – and every winter for the last twenty two years - we have taken a close group of a 100 of our members to an offsite location to brainstorm the near to medium term outlook for our operating environment.

Agenda

The Roundtable will think through prospects for India, the economy, and for its businesses. It will consider the global environment and the most crucial issue of big economic shifts as the world’s financial and fiscal environment changes, and as geo-politics remains in flux. India is in the year before the country’s next general elections already and the Forum will think through how India’s political environment, on the basis of which policy direction will be set, might pan out in our states, and at the Centre. At a secular, no less important level, digitalisation is changing organisational structures; and talent pool expectations. It will ask of new – and renewed - promises from leaders as shifts in how organisations will be formed and built transform the nature of leadership. Everything changes. Nothing changes. That is the operating paradigm and knowing what to sustain, and what to change, is the key.

About the Host City

Colombo, Sri Lanka‘s bustling commercial hub, is located on the country’s west coast and with a population of between 800,000 and one million (estimates vary) is by far the country’s biggest city, as well as the most developed. Its natural harbour at the mouth of the Kelani River was a magnet for successive traders and conquerors – initially the Arab merchants, then Portuguese, Dutch and British imperialists.

The city is a jarring mix of old and new, with a central cluster of high-rise office blocks and hotels overshadowing red-tiled colonial-era buildings and sprawling street markets which overflow with high-piled fruit and vegetables, colourful silks and cottons, and deliciously fragrant spices. On its crowded streets stand places of worship, symbolic of Sri Lanka‘s multiethnic heritage: graceful Buddhist viharas (temples), for instance, stand close to extravagant temples encrusted with Hindu statuary, along with Muslim mosques with minarets scattered along Colombo’s streets.

Get in Touch

    We would love to hear from you.