Satish Vasan

Led the product requirement process for Nordea Bank’s Finnish Mobile applications. These applications targeted all retail customers and covered personal banking functionality such as payments, transactions, loans and cards

Joint project-lead on defining Trade Finance’s future strategy – “Doing the Right Things” as part of their overall transformation programme Structured and led the analysis of the Nordea Operations Centre (Poland) business case as relating to Payment Operations. This included critical review of all inputs, model assumptions as well as design of communication material

Team leader for a group of communication specialists. Main tasks involved operational planning and coordination of communication activities between Nordea Group and the division. Responsible for setting and driving the annual agenda for the division’s management team. Represented the division in Group wide forums and being the management partner to the Head of the Transaction Products division.

Led a study to understand the profitability of the product portfolio across the Nordic region. The project involved liaising with financial controllers, regional sales managers and senior management. The final report provided input into portfolio rationalisation and platform redesign decisions Program manager for the “Business Excellence” initiative, which focused on building the leadership team’s skills to take Nordea Operations from Good to Great.

Jointly led a strategy paper with the finance department analysing global capital management options. The key conclusion was that while ROE would be improved in the short term through credit default swaps (CDS), there was significant risk in renewing these instruments since prices were too low and could be repriced upwards. This was borne out in the markets during late 2007

• Evaluated the impact of off-shoring middle office and back office functions on the division’s (BPA) operational efficiency and strategic risk. Involvement included hands-on management of consultant teams (who were advising on outsourcing), business case development and financial analysis

Responsible for formulating Private Bank’s growth strategy for their high-value clients. The project involved portfolio analysis, banker interviews and workshops with senior executives

Directly involved in defining the Group’s value proposition to its clients as well as to the bank via a series of workshops, diagnostics and working sessions with senior executives

Directly involved in the bidding process for a USD$200m beverage company and a $15m bakery business in Eastern Europe. Personally responsible for formulating market, competitor and company projections, model building and benchmarking of cost assumptions Individually led the building of a beverage business strategy for Central Eastern Europe and Africa. Formulated the regional business proposition by coordination with regional marketing, operations and senior management.

Coached winners of the top+ Star Award (for EVA improvement) to present their projects at a Best Practice Sharing Event in Boca Raton, Florida. Subject areas included Asset management and Total Business improvement Conducted Activity Based Cost analysis of customer base for IT services. The main goal was to identify EBIT improvement opportunities while maintaining service levels

Responsible for business development with special emphasis on valuation, financial and operational projections to obtain venture capital and private investor funding. Involved in all aspects of running a start-up including recruiting, liaison with suppliers, potential investors and office management.

Led the implementation of Class A Sales & Operational Planning Process (S&OP) in the Retail Non-Frozen Food division with 4 months. This success led to the adoption of the S&OP process across the entire company. • Responsible for the coordination and planning of production and inventory management across 3 factories and outsourcing. Devised inventory reduction scheme which saved AUD$2.5m.

Retail Funds Management - Planned and implemented a sales stimulation program for sales channels that contributed to the achievement of 30% growth over and above the market. Printing industry - Redesigned the production and raw material procurement process for a multinational in the printing industry generating operational savings of AUD$ 1.8m per year.

Corporate Finance and Banking (Dean's Honours List)

Computer Science

Mechanical & Manufacturing (Graduated Top of class)