Mr. Udayan Maroo
Mr. Udayan Maroo is a respected Finance professional with nearly 4 decades of experience. Mr. Maroo was CFO Reliance Communications and Finance Director and Company Secretary, at Gharda Chemicals Ltd. In his 3 plus year stint as CFO of the Rs. 22,000Cr Reliance Communications, in addition to routine CFO responsibilities, Mr. Maroo was involved with Investor Relations and restructuring of Group companies.
Mr. Maroo commenced his career at PC Hansotia and Co (Deloitte Haskins and Sells) with whom he worked for 6 years, before a very successful 28 years stint with Gharda Chemicals. At Gharda, Mr. Maroo was intimately involved in successfully scaling up this technocrat led company to sales of over Rs. 1000Cr. Mr. Maroo has to his credit, the tax-beneficial establishment and responsibility of operations of overseas branches and companies, valuation and structuring of IPR rights, successful negotiation of sale of a large division to a multi-national company, raising foreign currency loans, hedging of forex risks, establishment of an EOU, unique Bank approvals for the inter-changeability of local and overseas credit limits and obtaining global coverage for the company’s credit risk. Several of these initiatives were done for the first time ever in an Indian context. Mr. Maroo was also involved in evaluation of overseas acquisitions and investment in a Joint Venture at Gharda and successful takeover of the joint venture company.
Mr. Maroo was appointed as a member of two high power committees formed by the Institute of Chartered Accountants of India. He is an adjunct faculty at the prestigious Management School S.P. Jain Institute of Management and Research. Mr. Maroo is a Founder Trustee of a trust which provides rural infrastructure for education, hygiene, health and encourages economic independence among rural women.