Ajay Kumar Venkatasubramanian is an independent management consultant responsible for driving LIBOR transition in APAC consisting of 13 countries at major bank. In this role he leads teams focused on the operational, technology, finance and risk aspects of the LIBOR transition. The regional role involves coordinating responses from this bank to surveys and questionnaires from regulatory bodies in APAC (viz. Monetary authority of Singapore, Hong Kong Monetary Authority, Bank Negara Malaysia, Bank of Thailand etc.) articulating the bank’s progress, exposures and other key challenges.

Ajay has in-depth experience in lead roles in regulatory transformation initiatives in international banks based in APAC. He works closely with CxO stakeholders of these banks in facilitating key high-impact decisions and providing steer to cross-functional teams and task forces of more than 15 members assembled for special purposes and achieving difficult and time critical objectives.

In his several years of experience in the financial services industry, he has worked independently, in prominent consulting firms and at leading banks. His work focuses on key areas in the banking industry such as digital transformation and analytics, regulatory and financial crime initiatives and operational excellence projects. He has published his thought leadership through articles, IEEE publications and point of view presentations throughout his career. He is an avid reader with well-informed views on major trends in the banking and technology sectors.

 

Professional Achievements:

  • Recommended growth strategy to improve wealth advisory market share by 3% for a local bank in a new geography.
  • Proposed market-entry strategy by assessing the Thailand market and recommended products, client segments, revenue models & pricing.
  • Managed a consulting engagement to deliver a regulatory remediation sponsored by the CEO, at a Private Bank within a challenging 7-month timeline.

Recommended a joint-venture business model for Daimler Financial Services to enter the Indonesian captive finance market.