Vivek Pai
Ft. Lauderdale,USA
Summary
Senior global operations executive with 32 years of experience, including 30 years in the global mutual funds and private funds, with deep expertise across fund accounting, operations, administration oversight, ETF operations. Proven track record leading global teams (500+), optimizing operating models across onshore/offshore locations, driving large-scale cost transformation, strengthening governance frameworks, and implementing efficient oversight of complex fund structures including Private Equity, Venture Capital, Hedge Funds, Master-Feeder structures, CITs, 529 Plans, and ETFs. Recognized for strategic leadership, solution oriented approach, talent development, risk reduction, client relationship management, regulatory influence, and the ability to build scalable operations aligned to business growth.
Overview
17
17
years of professional experience
Work History
Vice President / Treasurer – Global Fund Administration & Oversight
Franklin Templeton Investments
06.2015 - Current
- Treasurer for US ETFs and oversight for global ETF operations, including NAV production, reconciliations, tax, financial reporting, and third-party administrator management.
- Governance and operational oversight of Private Equity, Venture Capital, Master-Feeder structures, Hedge Funds, CITs, and 529 Plans.
- Oversight of India and Asia funds, ensuring operational quality, regulatory alignment, and efficient fund administration practices globally.
- Leadership of multi-regional teams across the US, Europe, Asia (India, Singapore and Japan) with responsibility for delivery, risk management, and relationship management with audit, legal, compliance, and portfolio management groups.
- Significant cost transformation through creation of dedicated private funds operations teams; renegotiated administrator and audit engagements to reduce audit and admin costs.
- Established a new ETF Operations hub in Hyderabad, consolidating NAV oversight, reconciliation, tax, and reporting functions to create a high-efficiency, single-point operational center.
- Delivered material cost efficiencies by optimizing the global operating model and balancing workloads between higher-cost onshore teams and lower-cost India locations.
- Strengthened governance and risk frameworks for private markets operations, improving audit outcomes and stakeholder satisfaction.
Vice President – Global Fund Administration & Reporting / Delivery Head, Hyderabad Operations
Franklin Templeton Investments
06.2009 - 05.2015
- Led India AMC and Middle East funds administration and reporting, ensuring timely NAV delivery, compliance with local regulations, and strong fund governance.
- Delivery Head for Hyderabad global teams (500+ employees) overseeing the local teams, talent development, operations health, and cultural alignment with Franklin Templeton global leadership.
- Acted as the 'face on the ground' for global leaders, ensuring familiarity to local practices, culture, performance management, and operational continuity.
- Strengthened staff retention, engagement, capability building, and cross-functional mobility across large multi-disciplinary teams.
- Key contributor to AMFI regulatory committees, representing industry perspectives to shape regulatory recommendations for SEBI.
- Successfully led and stabilized large, diverse operational teams functioning under a dual reporting model (local + global).
- Enhanced workforce capabilities and supported global transformation initiatives that relied heavily on offshore execution excellence.
Education
Chartered Accountant India (ICAI) - CPA equivalent
Institute of Chartered Accountants of India
Mumbai07-1994
Bachelor of Commerce -
Skills
- Private Funds Operations
- ETF Operations
- Fund Accounting, Reporting
- Operating Model Transformation
- Cost Optimization
- Global Team Leadership
- Vendor Management
- Audit Oversight
- Talent Development
- Strength-based Leadership
- Strategic Problem Solving
- Business Partnership
- Client Service
Location
Ft. Lauderdale, Florida, Mumbai, Maharashtra
Languages
- Hindi
- Konkani
- Marathi
- Gujarati
- Kannada
- English, Fluent
- Hindi, Proficient
- Konkani, Proficient
- Marathi, Proficient
- Gujarati, Familiar
- Kannada, Familiar
Phone
+1-954-612-3313, +91 98923 00118
Board Committee Roles
- Director on the Boards of multiple Cayman-domiciled funds
- Member – Global Valuation Committee
- Former leader of AMFI committees contributing to SEBI regulatory recommendations
Timeline
Vice President / Treasurer – Global Fund Administration & Oversight
Franklin Templeton Investments
06.2015 - Current
Vice President – Global Fund Administration & Reporting / Delivery Head, Hyderabad Operations
Franklin Templeton Investments
06.2009 - 05.2015
Chartered Accountant India (ICAI) - CPA equivalent
Institute of Chartered Accountants of India