Finance experts Mr.A.K.Rajwade and Mr. Krishna Majithia addressed the students.
The first session was conducted by Mr A.K. Rajwade. Mr Rajwade threw light on various aspects of risk management and the current financial environment. He also spoke about the history of banking and the economic philosophies that has led to the financial crisis in recent times. A never before linkage among diverse perspectives of history, philosophy, economics, mythology and finance was explained in a lucid manner.
Mr. Rajwade has worked with State Bank of India from July 1957 to October 1976 specializing in industrial finance and international banking. He has been working as an independent consultant in forex, interest rate and derivatives risk management for more than two decades. He is consulted by Corporates and Hedge Funds on Treasury Management. He is a part of The Expert Group on Development of the Foreign Exchange Markets in India (1995) and Committees on Capital Account Convertibility (1997 and 2006) appointed by the Reserve Bank of India, Advisory Council of Currency Derivative Segment for MCS Stock Exchange Ltd and the Executive Committee (Futures and Options Segment), National Stock Exchange.
The second Diksha session was conducted by Mr. Krishna Majithia, the Director, Head of Market Risk Management for India, Sri Lanka and Bangladesh at Citibank.
Mr.Majithia's talk traced a series of events leading up to the current financial situation with the discussion leading up to the steps that would have to be adopted by the practitioners of financial management to deal with the after effects of this financial downturn. The objective of the talk was to make students aware of the latest developments and issues in the industry. The students found the session to be very engaging, Lucid and a very comprehensive coverage of the financial crisis was given.
He is responsible for ensuring and implementing Citigroup's policies on market & liquidity risk management for all the businesses and legal entities in these three countries. This includes establishing appropriate limits & controls for market risk across Forex rates & equities and asset liability management. He is a Chartered Accountant by background and has been with Citibank for about 17 years.
Says SJMSOM, "We have a strong belief in continuous 'knowledge creation' and transmission to the budding managers and leaders. Dikshas are a good medium for corporate interaction wherein students get to discuss a myriad of issues with the speakers leading to an informative and introspective session. This is a part of the continuous endeavor by the school to bring forth various issues and to attempt to find answers to them."
