AJAY JAYAKUMAR
Management Consulting
Summary
Experienced Business Consultant with 13+ years at a Big 4 firm focusing on corporate governance and process transformation projects for government and private entities in the GCC region. Successfully managed complex initiatives in financial services, real estate, construction, and retail industries. Skilled in conducting governance and internal control reviews for Qatari banks to ensure regulatory compliance. Proficient in organization-wide assessments, target operating model development, and customized business process solutions for organizational success.
Overview
14
14
years of professional experience
2011
2011
years of post-secondary education
4
4
Languages
Work History
Associate Director
KPMG
10.2023 - Current
- Led the Governance work stream for an International airline based in Qatar. The project included defining the corporate governance framework ,developing the Delegation of Authority for the organization covering all support and operational departments.
- Led the business process improvement initiative for the for a state owner railway company in Qatar focussing on Head office functions. The project included conducting a gap assessment and updating the policies and procedures of the organization in alignment with leading practices.
- Led the ESG reporting maturity assessment for a government real estate company in Qatar. The project included assessing the ESG reporting governance structures and reporting process maturity.
Manager
KPMG
10.2018 - 10.2023
- Led the delivery of an engagement for an Energy Bank in Qatar requiring to be registered under the Qatar Financial Centre. The project included developing the bank's strategic business plan, corporate governance framework, organization structure and policies and procedures for all the controlled functions of the bank in line with the rules and regulations stipulated by the Qatar Financial Centre Regulatory Authority. This also included developing the Anti-Money Laundering and Combating the Financing of Terrorism policies and procedures manual for the bank in line the Financial Action Task Force (FATF) recommendations on Combating Money Laundering and the Financing of Terrorism.
- Led a workstream as part of a large-scale business transformation engagement for a major conglomerate in Qatar with operating companies across diversified sectors such as construction, real estate, hospitality, entertainment, manufacturing and maritime. The engagement included conducting a gap assessment (including a process compliance review), developing the Target Operating Model, the To-Be organization structure, To-Be policies and procedures and the delegation of authority matrix for all core and non-core functions within the operating companies.
- Led a large-scale business transformation for a government owned primary construction material provider in Qatar. The engagement included conducting a gap assessment (including a process compliance review) and designing the To-Be organization structure, To-Be policies and procedures and delegation of authority matrix for the company's core and non-core functions.
Senior Consultant
KPMG
10.2016 - 09.2018
- Led a cross-functional team assisting the Qatar Central Bank to conduct a Supervisory Review and Evaluation Process (SREP) of the governance and internal process controls for multiple departments within Qatar National Bank, focusing mainly on controls in place to mitigate credit risks within banks.
- Developed the operational policies, processes and procedures for the Investment and Treasury Department of an Investment Bank in Bahrain. This included processes relating to direct investments and investments in externally managed funds.
- Developed the operational policies, processes and procedures for the Asset Management Department of an Investment Bank in Bahrain. This included processes relating to buy-side research, portfolio management and trading and administration.
- Conducted a Robotic Process Automation (RPA) audit of multiple finance processes within a Qatari Public Shareholding Company in the maritime and logistics sector.
- Developed the critical policies across all departments and business units of the largest Toyota dealership in Qatar.
Consultant
KPMG
10.2015 - 09.2016
- Provided outsourcing contract remediation support for one of the largest banks in Qatar, which included analyzing the outsourcing relationship with the external service provider and assisting the client in identifying key areas of leverage potential.
- Designed the organization structure and To-Be policies and procedures for the mall operations of a renowned retailer in Qatar.
- Designed the organization structure and To-Be policies and procedures for the construction business of a government owned real estate establishment in Qatar.
- Designed the organization structure and To-Be policies and procedures for the case management system of an International Court and Dispute Resolution Center in Qatar.
- Designed the organization structure and To-Be policies and procedures for the construction business of a leading family business in Qatar.
Associate Consultant
KPMG
10.2013 - 09.2015
- Designed the Target Operating Model (TOM) for the debt syndication unit of a government owned development bank in Qatar. The project also included development of the operational policies, processes and procedures for the debt syndication unit.
- Designed the organization structure and To-Be policies and procedures for a premier retail conglomerate in Qatar, mainly focusing on retail mall operations.
- Designed the organization structure and To-Be policies and procedures for a government postal services organization in Qatar.
- Conducted a market study on the affluent banking sector for Qatar National Bank, which included conducting a detailed assessment of the market size, growth trends and competitive dynamics of the segment. The engagement also included a competitive assessment of the value propositions offered by banks in this segment.
- Designed the Delegation of Authority Matrix for the Real Estate and Administration Departments of a premium automobile distributor in Qatar.
- Designed the operational policies, processes and procedures for the Property Management and Facilities Management Department of a major real estate developer in Qatar.
- Conducted a feasibility Study for setting up of a contract catering facility with specific focus on the institutional and executive meals segment.
- Developed the business plan and market entry strategy for a major Chinese Information and Communications Technology (ICT) company looking to enter the ICT sector in Qatar.
Research Analyst
KPMG
12.2011 - 09.2013
- Conducted a feasibility study for an established real estate developer in Qatar, focusing on market study, competitive analysis and identification of market opportunities for the client.
- Conducted a feasibility study for a fast food chain in Qatar, focusing on market study, competitive analysis, revenue pool analysis and identification of market opportunities for the client.
- Conducted a feasibility study for setting up slaughterhouses for a government meat manufacturing company in Qatar, focusing on market study, demand assessment and projections.
- Conducted a feasibility study for the setup of a Bowling Centre in Qatar, focusing on market study, competitive analysis and identification of market opportunities for the client.
- Developed the operational policies, processes and procedures for an established government media house in Qatar, covering a holding company and seven operating companies.
- Developed the operational policies and procedures for the Property Management Department of a government subsidiary in Bahrain.
Education
MBA - Finance
Dr. D. Y. Patil University
IndiaBachelor of Commerce - undefined
Sacred Hearts College
Skills
- Business process compliance assessment
- Internal controls analysis
- Experience in corporate governance frameworks
- Target operating model design
- Derive operational strategies from business models
- Organizational structure design
- Process architecture development
- Project management
- C-suite relationship management
- Strong analytical skills
- Exceptional business communication skills
- Team collaboration and leadership
- Stakeholder engagement
- Program coordination
Personal Information
Date of Birth: 05/11/88
Position Held
- 01/01/23, Present, Associate Director, KPMG Qatar
- 01/01/18, 12/31/22, Manager, KPMG Qatar
- 01/01/16, 12/31/17, Senior Consultant, KPMG Qatar
- 01/01/15, 12/31/15, Consultant, KPMG Qatar
- 01/01/13, 12/31/14, Associate Consultant, KPMG Qatar
- 01/01/11, 12/31/12, Research Analyst, KPMG Qatar
Timeline
Associate Director
KPMG
10.2023 - Current
Manager
KPMG
10.2018 - 10.2023
Senior Consultant
KPMG
10.2016 - 09.2018
Consultant
KPMG
10.2015 - 09.2016
Associate Consultant
KPMG
10.2013 - 09.2015
Research Analyst
KPMG
12.2011 - 09.2013
Bachelor of Commerce - undefined
Sacred Hearts College
MBA - Finance
Dr. D. Y. Patil University
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