AVATI Solutions

Management Team

Dr. Surendra Barsode is seasoned Risk Management professional who has worked as senior management for many banks in Middle East and India during his professional career of 40 years. He currently heads our UAE office and guides the company on a variety of areas covering client management, business development, product R&D and domain expertise. As Head & AGM Risk Management for Saudi Invest Bank (SIB) Riyadh for 6 years until end 2018, he has managed critical areas like Credit Risk, modelling, Operational & Market Risk, ERM, Stress Testing, ICAAP, ILAP, IFRS 9 etc. He was a member of many committees like Board Risk Committee, ERM Committee, Credit Committee, Operational Risk Committee, ALCO and Structured Products Committee. Prior to that he worked as Director, Basel II implementation with Commercial International Bank, Cairo from 2010 to 2012 and Head of Risk Analytics and Basel II program with National Bank of Fujairah, Dubai, from 2009 to 2010. He worked as Principal Consultant, Aptiva Consulting for Risk & Basel Committee guidelines related consulting projects and initiatives across multiple banks in Middle East, UK, Singapore and Kazakhstan from 2006 to 2009. As part of Dun & Bradstreet India, he was Risk Products Architect between 2005-06. His started with State Bank of India, working across functions like branch banking, corporate credit risk, international banking, retail assets, fund management etc. for 22 years from 1980. He is a Ph.D. in Credit Risk Management from Indian Institute of Technology (IIT) Bombay and has completed FRM by GARP and Certified Associate of Indian Institute of Bankers (CAIIB).

Ms. Dipti Raman is a founder member of Avati Consulting Solutions (P) Ltd. and has over 26 years of experience in consulting and product development, largely in the areas of banking and risk management for the BFSI segment. She spearheads Risk management Product business with overall responsibility for technology and development of products, business development, client management and implementation. This included the identification of product areas, conceptualization, design and architectural framework for products, product design and vendor / partner management for product and business development, setting up implementation frameworks, methodologies and processes. As part of management and in her multi-faceted roles in earlier organizations she spearheaded turnkey development of an array of products and solutions in Operational Risk, Credit Risk, ALM, Basel II Reporting, Consolidation and Risk Analytics. In her previous roles with CITIL, Iflex, Oracle and Aptivaa Consulting she has led the product business as a key techno-functional subject matter expert. An engineer by qualification, she is also an alumnus of Indian Institute of Management, Ahmedabad, one of the top B-Schools in Asia and highly acclaimed globally.

Mr. Jignesh Kamdar has over 20 years of experience in the risk management function for financial services industry and specializes in providing consulting to banks for their key risk programs. He specializes in managing large scale risk implementation programs for banks like IFRS 9, Basel II/III implementation, rating model development and implementation, asset liability management and liquidity programs. During his career he has served various clients across geographies some of which include State Bank of India (Largest Indian bank), Al Rajhi Bank, Al Hilal Bank, SAMBA (Leading Banks in Middle East), Arab Bank (Largest Banking Group in Jordan), Banque Saudi Fransi (Calyon Group, France), Housing Bank of Trade and Finance (Large Bank Jordan), Ahli United Bank (Large Bank in Bahrain), National Bank of Canada (Toronto), Life Insurance Corporation of India. He has a successful history of creating and incubating organisation in Risk Consulting & Implementation space that today thrive in the Middle East and Indian markets. He has earlier been part of companies like Deloitte Consulting, ICICI Bank, S&P India and Aptivaa Consulting in various capacities. He is a Chartered Accountant and Chartered Financial Analysis by qualification and an alumnus of S.P. Jain Institute of Management, Mumbai, one of the leading B-Schools in India & globally.

Mr. Gopi Suvanam has more than 15 years of experience in financial analytics and Markets. He has worked for four years in Deutsche Bank in NY and London before venturing into entrepreneurship. He has worked in the role of strategist Advising top-notch institutions around the world on the use of derivatives for investments and risk management. As a strategic market risk expert, he has helped financial institutions across the spectrum of market risk activities from policy formulation, market risk framework, building and implementation of critical market risk systems and also helped develop market risk policies and processes for various financial institutions. Currently, he helps banks develop and build market risk management strategy, market risk monitoring systems, derivative valuation and hedge accounting systems. He has advised RBL Bank, India Infoline (a large private wealth company in India), SBI Mutual Fund (Asset Management Division of the largest bank in India) and Arab Petroleum Investment Corporation (a large multinational investment corporation based out of Saudi Arabia) among others on financial analytics and market risk. He has an MBA from the Indian Institute of Management (IIM) Ahmedabad. He also has a Bachelor's degree in Computer Science from IIT Madras. He is also a visiting faculty at IIM - Ahmedabad.