XLRI hosts the Annual Finance Symposium "GNOSIS 2016"; 6 Alumni industry veterans honoured

Tuesday, November 15 2016, 01:15 AM
XLRI hosted GNOSIS 2016, the Annual Finance Symposium to promote a platform for interaction between academia and industry leaders
Six of the XLRI Alumni and industry veterans were the recipients of ‘GNOSIS Excellence Awards’ for their distinguished contributions and professional achievements in the sector

XLRI-Xavier School of Management, recently hosted GNOSIS 2016 - its Annual Finance Symposium in Mumbai. The symposium is hosted by the Finance Association of XLRI every year to promote a platform for interaction between academia and industry leaders to discuss relevant issues and challenges faced by the industry as well as finding solutions to them. 

P S Jayakumar, MD & CEO, Bank of Baroda delivered the Key Note Address at the summit on “Changing Landscape of Banking and Financial Services”. The event saw a panel discussion on asset quality challenges and capital adequacy issues faced by Indian Banks by 4 eminent panelists including Mr Ananth Venkat who heads the Corporate and Institutional Clients business for South Asia at Standard Chartered; Mr. K P Nair, Deputy Managing Director, IDBI Bank; Mr. Ajay Mahajan, who heads the Corporate Banking function at IDFC Bank Ltd; and Retd Deputy MD of State Bank of India, Mr. M G Vaidyan who looked after the Stressed Assets Portfolio of India’s largest bank. Ms. Ira Dugal, Deputy Editor at Bloomberg Quint moderated the discussion, which saw these top bankers discuss at length various issues they keep facing in addressing these challenges faced by the system. 

Mr Rahul Shukla, Managing Director and Head for Citi Bank’s Corporate Banking Function in India addressed the audience which composed of corporate delegates from more than 10 different banks as well as students from other b-schools in Mumbai participate in huge numbers. Mr. Shukla spoke on the emergence of FinTech and how banks need to adapt and integrate it into their functioning. “This is the best finance conference I’ve ever been to” said Shukla.

Mr Samit Ghosh, Founder & CEO, Ujjivan Financial Services being a Special Guest Speaker on MFIs and Small Finance Banks. He talked about how Ujjivan and other NBFC MFIs are catering to the needs of the underserved and unserved population of the country who do not have access to traditional banking channels. 

The second panel discussion was on FinTech. The Panelists were founder and senior management from financial technology startups which include Mr Vipin Surelia, HEAD –RISK & Compliance, PAYTM; Mr Navin Chandani, CBD, Bankbazaar.com; Mr Mukund Mudras Co-Founder, Heckyl Technologies; Mr Srikanth Meenakshi, Founder & COO, FUNDSINDIA.com; Mr Vinay Mathews, Founder & COO, Faircent, talked about what is it that FinTech startups are doing differently from existing services providers and how do they plan to scale up their existing businesses to achieve economies of scale and start generating healthy returns. 

XLRI Alumni honoured 
Six of the XLRI Alumni and industry veterans were the recipients of ‘GNOSIS Excellence Awards’ for their distinguished contributions and professional achievements in the sector. They are Mr Surojit Shome, CEO DBS India; Mr Sandeep Bakhshi, MD & CEO,  ICICI Prudential Life Insurance; Mr Ananth Venkat, MD, Corp Clients, Standard Chartered; Ms Madhavi Lall, MD & Head-HR, Deutsche Bank India; Mr Deodutta Kurane, President Human Capital, Yes Bank; Mr Animesh Kumar, Head - HR & Brand, IDFC Bank Ltd; and Mr Ernest Louis, MD & CPO India Value Fund Advisors.

XLRI Jamshedpur is one of the 5 B-schools in India who have earned prestigious International AACSB Accreditation apart from IIM Calcutta, ISB, TAPMI and IMT Ghaziabad. XLRI also enjoys the AMBA Accreditation.  

XLRI is one of the top rated private management institutes in India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur. Over the last six decades, it has grown into a top-ranking business school with a wide portfolio of educational programs. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations. XLRI strives to contribute its mite to the professional growth and management of innumerable organizations that serve the public good in a variety of sectors.

Admission process for flagship PGDM 2017-19 at XLRI is open and the candidates can seek admission in this highly ranked B-school by registering for XAT 2017 to be held on January 8, 2017 and applying to XLRI simultaneously. XLRI will shortlist the candidates for the final selection round on the basis of XAT 2017 scores only. The registration & application process for XAT 2017 is open till November 30 without late fee and till December 11, 2016 with late fee.

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