Ankit Kansal

CEO

Basel, Basel, Switzerland13 yrs 6 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Led finance workstreams for Sandoz spin-off.
Drove performance for $9bn revenue region.
Built high-performing teams in healthcare finance.

Stackforce AI infers this person is a Healthcare Finance Leader with extensive experience in corporate financial planning and analysis.

Contact

Skills

Core Skills

Financial Planning And Analysis (fp&a)Project ManagementCorporate Fp&aStrategic Finance PartnerFinancial PerformanceFinancial PlanningBanking

Other Skills

Intercultural SkillsTeam LeadershipTransfer PricingBusiness Case DevelopmentCapital AllocationProject TrackingManagement ControlBudgetingBalance sheet managementRisk ManagementStorytellingBig-Picture ThinkingDigital financeInternational Financial Reporting Standards (IFRS)Stakeholder Management

About

I am currently working as Executive Director for Partnerships for the established brands portfolio of Novartis (~$15bn revenue). I bring close to 13 years of experience across BD&L, commercial finance and insights, planning and forecasting, reporting, accounting, project management and treasury. Previously I have served in a leadership role as the Head of Commercial Finance for Europe ($9bn sales) and led several finance workstreams in the spin-off of Sandoz (generics business) from Novartis. Over the years I have developed a solid understanding of healthcare markets across US, China and Europe, and across therapeutic areas. These experiences have given me the opportunity to build and lead high performing teams to create value for stakeholders by identifying growth opportunities, driving operational excellence, and anticipating & mitigating risks. I am committed to developing and empowering my teams, fostering a culture of collaboration, innovation, and excellence. I hold an MBA in Finance (ISB) and a B.Tech in Electrical Engineering (IIT) from globally recognized institutes in India.

Experience

13 yrs 6 mos

Total Experience

6 yrs 9 mos

Average Tenure

11 yrs 8 mos

Current Experience

Novartis

5 roles

Executive Director, Commercial Partnerships for Mature brands

Promoted

Apr 2024 – Present · 2 yrs 1 mo

Building an innovative commercial partnership to drive the performance of mature late life cycle brands

Financial Planning and Analysis (FP&A)Corporate FP&AIntercultural SkillsTeam LeadershipTransfer PricingBusiness Case Development+42

Sandoz Spin off project team, Group FRA (Financial reporting and accounting)

Jun 2022 – Mar 2024 · 1 yr 9 mos

Lead for Sandoz spin off Finance workstreams related to
TDSA (transitional distribution services agreement) - prepared accounting and reporting guidance in line with IFRS10 and IFRS15. Identified opportunity for contract renegotiation to create value upside
Authorized Generics (AGx) transfers - executed AGx branded drugs transfer and supported RxGx workstream with reporting set up, APP preparation, contract review, funds flow alignment and auditor engagement
Reporting accuracy / Balance sheet disentanglement prior to Global spin off - led Novartis- Sandoz balance sheet disentanglement prior to Global spin off and supported the preparation Day 0 cash settlement plan with treasury
Managed balance sheet reviews and monthly closings for Sandoz division, ensured compliance with IFRS and internal controls

Corporate FP&AInternational Financial Reporting Standards (IFRS)Project ManagementLeadershipStakeholder ManagementProject Tracking+3

Head Commercial Finance, Region Europe

Promoted

Jul 2019 – May 2022 · 2 yrs 10 mos

Led the Regional BPA team of ~$9bn revenue region, reaching and solidifying #1 market share position for Novartis
Led all financial reporting and planning deliverables including monthly reporting, budgeting, strategic plan, rolling forecasts
Provided financial decision support and guidance to 7 RE direct reporting units (EU5 + 2 clusters)
Demonstrated cross-functional influence (marketing, medical, access) to drive strategic projects, guide investment and resource allocation decisions, and monitor implementation
Represented Region Europe finance in multiple leadership teams to influence company decisions and priorities. Brought in external focus and mindset in decision making

Corporate FP&AStrategic finance partnerManagement ControlFinancial PerformanceTeam LeadershipAnalytics+3

Finance Head, Region Europe Ophthalmology

Jul 2018 – Jul 2019 · 1 yr

Finance head for ~$2bn revenue Ophthalmology disease area in Region Europe, Pharma Division

Corporate FP&AFinancial PerformanceProblem SolvingExecutive Presentation SkillsBusiness Case DevelopmentLeadership+2

Senior Manager, Global Business Planning and Analysis

Jun 2014 – Jun 2018 · 4 yrs

Led the business analyses, performance management and decision support for Innovative Medicines and later Pharma Business Global CEO and CFO, managing full P&L ($20bn revenue)
Drove all global finance presentations including Budget, Business Reviews, and Rolling Forecasts to senior management of Pharma BU, Innovative Medicines Division and Novartis Group
Global contact as a Business Analyst (BA) for US and China, analyzed P&L, in-market performance, identifying gaps and recommending corrective actions, anticipating Risks & Opportunities, building and challenging growth cases
Contributed to the success of wider team by provided peer-to-peer coaching to other business analysts
Delivered consistent quarter over quarter margin expansion while securing launch investments for Entresto and Cosentyx and overcoming Glivec and Diovan loss of exclusivity
Promoted on fast track holding three different roles of increasing responsibility: Financial Analyst (Jun’14 – Feb’16), Manager (Mar’16 – Dec’16) and Senior manager (Jan’17 – Jun’18)

Corporate FP&AAd Hoc AnalysisCapital AllocationExecutive Presentation SkillsIntercultural SkillsFinancial Planning+3

Citi

Graduate Management Associate, India Corporate Treasury

Jun 2011 – Apr 2013 · 1 yr 10 mos · Mumbai Area, India

A 24 month development program with cross functional training in Market Instruments, Liquidity and Interest Rate Risk Management, and Sales and Operations.
As part of the India Corporate Treasury, worked on Bank Liability Strategy and Funds Transfer Pricing.

BankingProject TrackingBalance sheet managementRisk Management