Event theme:
“Exponential Opportunities in Experiential Times”

Evolution in consumer behaviour is changing the face of retail. The biggest driver of the change is the consumers’ need to consume ‘experiences’ in a dynamic environment. Consumers, coupled with leaps in technology, and changes in policy environment are redefining retail as we know it.

Are we prepared to leverage the exponential opportunities that have been unleashed? Are we prepared to ensure that consumer experiences are secure and free from fraud? How do we continue to ensure that the adoption of the Goods & Services Tax (GST) translates into a hassle-free experience for businesses and end consumers? Finally, how CFOs and finance professionals in retail, learn to harness the true power of the digital economy in retail? Answers to all this and more discussed only at the RAI Retail CFO Summit 2018.

About RAI

Retailers Association of India (RAI) is the unified voice of retailers in India. A not for profit organization, RAI works with all stakeholders for creating the right environment for the growth of modern retail industry in India. We encourage, develop, facilitate and support retailers to modernize and adopt best practices that will delight customers.

About CFO Summit

Factors like leaps in technology, rise of digital channels, entry of foreign players and increase in business costs are all affecting a company’s financial health. They are raising new challenges for Chief Finance Officers (CFOs) who have to not just mitigate the risks and ensure profitability but also adopt to the changing roles. RAI’s CFO Summit focuses brings together CFOs and other finance professionals in retail and CEOs to discuss all that matters in achieving sustainable business growth.

Attendee Profile

  • MDs, CEOs, CFOs, Group CFO, Group Finance Director, Director Finance, Head of Finance, Group Finance Manager, Independent Store Owners, Investments and Venture Capital

Objective of CFO Summit

To share the Best Case Practices in the field of Finance in the Retail Industry

To provide a platform to discuss and engage industry experts on how finance can contribute to growth

Create opportunities for stakeholders to showcase their products & services to grow the Industry

To discuss and evaluate innovation in finance

To provide an opportunity for industry to network, interact and learn

Speakers 2018


  • Anil is a Partner with Deloitte Haskins & Sells LLP and leads the Retail sector for Deloitte in India.  He is a part of the M&A Tax group and has over 18 years of experience in handling matters pertaining to Indian tax and regulatory. 
Anil has been involved in providing tax structuring services and tax due diligence for various retail clients including listed companies in India and Private Equity /Venture Capital investors. He also specialises in group restructuring involving mergers, demergers, spin offs and post-merger integration and cross border acquisitions.

    Anil Talreja

    Partner, Deloitte India

  • Over 22 years of post-qualification experience in the field of Accounting, FP&A, Business Strategy formation & implementation, IPO, Investors Relations, Corporate Governance, Financing & Treasury, Taxation, MIS, Budgeting/AOP, Establishing Process and Controls, Automation, Enterprise Risk Management, Audits & Investigations and matters relating to commercial & business operations. 

He has worked with top companies like Jubilant Foodworks Ltd., Radico Khaitan Ltd., Shaw Wallace Co. Ltd., HFCL Communication Ltd., Jindal Poly Films Ltd.

    Arvind Vats

    Chief Financial Officer, Spencer’s Retail Ltd.

  • With a background software engineering, Ashvin is passionate about technology and design. He works with technology providers, Startup ecosystem players, CXOs and CDOs of established companies to design and deliver disruptive new products and services.
				Driving the Retail 3.0 transformation at one of the biggest pan India retailers that is deliver a tangible impact to the bottom line.
				Digital transformation for a Retail organization to build a new experiential channel on the mobile web
				Design the customer experience digital platform to help a multinational consumer
				products company that includes RPA, social collaboration and UX design.
				Build one of the largest personalization and recommendation engine for a large B2C travel portal
				Built a digital go-to market model for a high end fashion retailer leveraging cutting edge fit technologies, retail design reimagining the customer experience
				Re-architect the the digital supply chain for a food retailer consolidation the warehousing and distribution architecture platform to accelerate speed to market
				M.B.A. in Marketing & Strategy from Kellogg School of Management, Chicago, USA

    Ashvin Vellody

    Partner, Deloitte India

  • Ashwin Khasgiwala is a Chartered Accountant and has over 18 years of experience in the fields of Finance, Accounting, Compliance, Business Process & Information Technology. He has worked in Deloitte for 1 year and for over 17 years in Reliance Group in various senior positions. Currently he is a Director and Chief Financial Controller of Reliance Retail Limited which is a subsidiary of Reliance Industries Limited.

    Ashwin Khasgiwala

    Director & Chief Financial Controller, Reliance Industries Limited

  • Arunkumar Nath

    CFO & Director Finance - South Asia, Levi Strauss & Co

  • Bibek Agarwala, a Chartered Accountant and Company Secretary is currently engaged with Raymond Group as CFO for Lifestyle Business. He is a Business Transformation Leader with 20 years of rich experience in Corporate Finance & Strategy, Treasury & M&A Operations, GST & Taxation, Shared Services & Business Process Management, Procurement & Commercials, Technology and Digital Initiatives with well-known Manufacturing, Retail and Service Industries such as Dabur, Pernod Ricard and PwC.

    Bibek Agarwala

    CFO – Lifestyle Business, Raymond Group

  • Anil is a Partner with Deloitte Haskins & Sells LLP and leads the Retail
sector for Deloitte in India. He is a part of the M&A Tax group and has over 18 years of experience in handling matters pertaining to Indian tax and regulatory.
Anil has been involved in providing tax structuring services and tax due diligence for various retail clients including listed companies in India and Private Equity /Venture Capital investors. He also specialises in group restructuring involving mergers, demergers, spin offs and post merger integration and cross border acquisitions.

    CP Toshniwal

    Executive Director, Future Lifestyle Fashions Ltd. (FLFL)

  • <p>Dinesh Maheshwari is currently the Chief Financial Officer of Future Retail Ltd. (FRL). He is a qualified Chartered Accountant.</p>
  <p>He started his journey with FRL in December 2004 and has over 22 years of rich managerial experience post qualification. He has also worked with other corporate houses viz S.R. Batliboi & Co., IIT Capital Services Ltd., and Mukwano Industries Ltd.</p>
<p>He has Strong domain knowledge of Finance, Accounts, Taxation, and Corporate Restructuring and commercial functions.</p>

    Dinesh Maheshwari

    CFO, Future Retail Ltd.

  • I’m , a Chartered Accountant and a thorough professional in finance, brings forth a rich experience of Eighteen years in Finance and Commercial, Business & sales Operations, IT systems implementation, mergers & acquisitions, internal controls , statutory & legal Compliances. 
			Having been a part of the top management of companies across various industries namely Retail, Telecommunication, manufacturing  and consulting, I  comes with a diversified profile and previously served as the CFO and Head of Commercial, Legal and Secretarial at BlackBerrys(Men’s Apparel Brand having a turnover of 800 Crores INR). I was  also instrumental in setting up the E commerce business for BlackBerrys.
			Prior to Blackberrys, I  served as the Chief Financial Officer and Director-Finance  at Carrefour India – The second largest retail chain in the world, and was instrumental in setting up their the retail business in India,  streamlining financial & business  processes and formulating the liquidation and exit strategy for the company at the time of business closure.

    Hement Gupta

    COO & CFO, The Mandhana Retail Ventures Ltd

  • John Matheson joined OneDelta as a Board Advisor in September 2016 and following
			the incorporation of the holding company in Singapore, was appointed as Chairman.
			John is an intellectual property lawyer by training and runs a regional consultancy in
			Singapore which advises on ethics & compliance, legal & trade policy. His geo-focus is
			India and ASEAN.
			He previously spent 19 years with Intel Corporation, including roles as Associate
			General Counsel in the Hong Kong and Singapore offices and head of the Global Public
			Policy team for India and ASEAN. He has managed Intel’s regional legal team and
			legal operations across Asia Pacific and Japan including serving for ten years on Intel’s
			Geo Investigation Team handling ethics and compliance.

    John E. Matheson

    Chairman, OneDelta Synergies Singapore Pte. Ltd

  • Mohana Sundaram G, is the Chief Controller of Aditya Birla Fashion and Retail Limited, part of Aditya Birla Group, a 44 Billion Dollar enterprise with presence across multiple sectors across the globe.
Mohan has been with the company for over 11 years. Aditya Birla Fashion and Retail Limited (ABFRL) is the leader in branded fashion apparel industry in India with market leading brands in the country. ABFRL is India’s first billion-dollar pure-play fashion powerhouse.
Mohan currently looks after the Management Assurance, Taxation and Accounts for ABFRL, in addition to overseeing the Commercial function for New Businesses initiatives of ABFRL.
Prior to joining the Aditya Birla Group, Mohan has worked for Titan, Oyzterbay and Future Group.
Mohan is a Cost Accountant, Company Secretary and M.Com, with over 30 years of work experience including a stint UK. He has worked in diverse roles across manufacturing and retail industries, in the Finance function in Commercial, Accounts, Costing, Secretarial and Legal.

    Mohana Sundaram G,

    Chief Controller, Aditya Birla Fashion and Retail Limited.

  • Mr. Naveen Golchha, is working as Chief Financial Officer with Major Brands (India) Pvt. Ltd. Chartered Accountant by profession he joined Major Brands (India) Pvt. Ltd. in September 2006 and has completed seven years now. He started his career as a practicing Chartered Accountant and moved in to the Industry to explore better prospects. His work experience is diversified from manufacturing industry to film production and is now associated with retail industry for the last 5 years.

    Naveen Golchha

    CFO, Major Brands (India) Pvt. Ltd.

  • Nitin Khanna presently holds the designation of Chief Financial Officer (CFO) for Inorbit Malls (India) Pvt. Ltd., a K Raheja group company. As a leader of the financial and commercial operations, Mr. Nitin Khanna is accountable for the Strategic financial planning, Controls, financial risk management, Supply Chain, Legal & statutory compliance of the organization. 
			Nitin is a Chartered and Cost accountant and brings in 22 years of experience in Strategic Financial Planning, Risk Management, Accounting, Finance & Taxation,  Internal Control and Statutory compliance . Before joining Inorbit malls, Nitin was CFO (India & Mauritius) for VF Corporation, a fortune 500 company. He has experience in working for MNCs for more than a decade. He was instrumental in drawing up Supply chain strategy in Castrol. He was part of Global Internal controls team in BP. Apart from this he has had the opportunity to implement ERP in Blue Star, setting up branches in Blow Plast and solving old Tax matters in Indo Rama.

    Nitin Khanna

    Chief Financial Officer, Inorbit Malls (India) Pvt. Ltd.

  • Prashant is a Partner with Deloitte Haskins & Sells LLP and leads the Indirect Tax services in India. He is based in Mumbai and has 34 years of post-qualification experience. Prashant serves clients mainly in the Consumer Business space viz. Consumer Product Companies, Retail, Wholesale & Distribution, Travel, Hospitality & Leisure companies.
Prashant also leads the GST initiative in Deloitte India and is working with many Apex chambers on making suggestions for GST implementation.
He has been consistently named in the list of leading indirect tax advisors by International Tax Review (ITR) World Tax for past several years. He has also been named in the list of leading tax advisors by ITR for last few years including in 2016
Prashant has also assisted the Maharashtra Government in implementing VAT in the State.

    Prashant Deshpande

    Partner, Deloitte India

  • <p>Member of Institute of Chartered Accountants of India for  more than  29 Years

Profile  of  professional work experience:    Finance, Accounting, Strategy, Risk Management, Commercial,  Governance and Compliance, Information Technology and Taxation (IT & T) and Supply Chain experience  across  Retail, Engineering, FMCG and IT Hardware and Services Sectors with  many Indian and Global MNC Companies such as Murugappa Group, Unilever (earlier Hindustan Lever),TVS Group.
<li>Helps  businesses create,  monetize  and sustain value through initiatives on all aspects viz.,  Strategic Planning,  Business Acquisitions and divestitures
Recently (in 2016) facilitated strategic  unlocking of Value in brands business of Arvind thro’ FDI / Private Equity investment in several million USD
Leads initiatives  in Integrated Supply Chain Demand and Supply Planning and Distribution,  Outbound Logistics  in Retail Fashion Apparel Industry with the Theme of  “Delivering Delight to Customers” 
Actively pursues Total Quality Management practices in Warehousing and Distribution
Drives  Turnaround and Profitability improvements, Total Cost Management,  Change Management Initiatives in Existing and New Businesses
Risk  Assessment and providing Safeguards in Key Risk Areas
Leveraging and Integrating IT Systems and processes, from implementation of end to end ERP and BI  (Mfg pro, Oracle  and SAP).  
Has been Active Member of  many Industry working Groups and Chambers/ Associations for  improving policy awareness and for providing voice of members with the various Authorities for proactive policy formulation and implementation;  
Represented Textile Manufacturers and Retailers in the GST Textile Committee deliberations and held many Awareness workshops for Industry and Trade jointly with Government of India, CBEC and State Govt. representatives.
<li>Follows closely the current developments and best practices in Finance Function including Regulatory framework, Accounting Standards/ IFRS and Compliance/ Governance.

    S Kannan

    Executive VP & CFO, Arvind Lifestyle Brands Ltd

  • Venkat joined Tata Administrative Services in 2001 and was with Tata Sons Limited as a part of the group finance team. He thereafter joined Trent as CFO from May 2008. He has been recently appointed to the Board and is currently Executive Director (Finance). 
<br />
He oversees the accounting, secretarial, legal & strategy functions and has anchored Negotiation of defining strategic alliances for Trent in recent years, including the JV with Tesco Plc for the Star Bazaar business and the JV with Inditex for Zara stores 
In India.

    Venkatesalu P.

    CFO, Trent Limited

  • Originally from Jaipur, born and brought up in a joint family culture, happily married since 93’ to Renu a Cost Accountant and are proud parents of Aayushi (pursuing article ship for CA) & Anmol (preparing for Pre-Board).<br />
During the last 23+ years of work experience spanned across companies like Tata, GE, Monsanto (Solutia) Chemical business, Filtration business of Pall, Retail business within B2B & B2C segment of Office Depot & Skechers, developed diverse competencies in controllers’ role, successfully lead the support functions comprising of Accounts, Finance, Legal Compliance, Logistics, IT, operational management and in the last about 12+ yrs in Strategic Management Role.

    Vinay Gupta

    CFO, Skechers South Asia Pvt. ltd.

Partners 2018

  • Knowledge Partner
  • Corporate Governance Partner
  • Business SpendTech Partner
  • Expense Management Partner
  • Gifting Partner
  • Business Networking Partner
  • Magazine Partner
  • Digital Marketing Partner

  • Charity Partner

Partners 2017

  • Knowledge Partner
  • Gold Partner
  • Luxury Partner
  • Employee benefits Partner
  • Procure-to-Pay Partner
  • Real Estate Partner
  • Associate Partner
  • Associate Partner
  • Digitization Partner
  • Event Partner
  • Gifting Partner
  • Gifting Partner
  • Business Networking Partner
  • Magazine Partner
  • Digital Marketing Partner
  • Digital Marketing Partner

  • Charity Partner


Contact Us

For More information: Kiran Shetty, +91 9920364370 Avinash Chaudhary, +91 9833382232 Daxata Deshpande, +91 9819399938


Retailers Association of India (RAI)111/112, Ascot Centre, Near Hotel ITC Maratha, Sahar Road, Sahar, Andheri (E), Mumbai - 400099.