Rakesh Aerath

CEO

Bengaluru, Karnataka, India29 yrs 3 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Over 25 years of leadership experience in technology services.
  • Expert in driving business growth and client satisfaction.
  • Innovative leader with a focus on operational excellence.
Stackforce AI infers this person is a seasoned leader in technology services with a focus on B2B solutions.

Contact

Skills

Other Skills

Pre-salesOutsourcingBusiness AnalysisIT StrategyProgram ManagementSoftware Project ManagementBusiness IntelligenceOffshoringPMOManagement ConsultingTeam ManagementService DeliverySolution ArchitectureTransition ManagementChange Management

About

A professional business leader with 25+ years of experience in leadership roles in Client management, Delivery management, Innovation, Business development, Finance, Operations and member management in large companies. Currently, Rakesh is President, Asia Pacific in CGI responsible for providing technology and business services for our global clients. Rakesh plays a key role in defining and driving strategy for our APAC business. Over the years, Rakesh has held various leadership roles and he has excellent experience of working closely with clients/partners globally.

Experience

29 yrs 3 mos
Total Experience
7 yrs 3 mos
Average Tenure
13 yrs 2 mos
Current Experience

Cgi

7 roles

President

Promoted

Oct 2023Present · 2 yrs 7 mos

  • Responsible for our operations in Asia Pacific region

Chief Operating Officer, Asia Pacific

Oct 2022Oct 2023 · 1 yr

  • Responsible for ensuring that our global delivery centers in India, Malaysia and the Philippines continue to scale up and efficiently deliver high-value services to our clients across the world as we continue to grow rapidly.

Senior Vice President and Business Unit Leader

Oct 2017Oct 2022 · 5 yrs

  • Responsible for managing IT Services business for Banking, Financial Services and Insurance sectors. Key focus of the role is to drive business growth, excellence in delivery, client and member satisfaction and overall P&L responsibility for the business unit. Rakesh is also the Innovation leader for APAC SBU, responsible for driving a culture of innovation within the organisation.

Senior Vice President and Business Unit Leader

Promoted

Dec 2016Oct 2022 · 5 yrs 10 mos

  • Responsible for Business Unit management for multiple large industry sectors like Manufacturing, Retail, Transport & Logistics, Energy & Utilities, Oil & Gas, Government and Healthcare with focus on business growth, excellence in delivery, client and member satisfaction and overall P&L responsibility for the business unit.

Vice President and Business Unit Leader

Oct 2015Nov 2016 · 1 yr 1 mo

  • Responsible for Business Unit management for multiple large industry sectors, focus on business growth, excellence in delivery, client and member satisfaction and overall P&L responsibility for the business unit.

Vice President - Consulting Services

Promoted

Jan 2013Sep 2015 · 2 yrs 8 mos

  • Responsible for Application Services business for multiple large sectors like Manufacturing, Retail, Distribution, Energy &Utilities, Public Sector and Healthcare. This includes all application development, systems integration projects and outsourced application management services for global clients. In this role he is responsible for overall P&L of the business, excellence in delivery, growth of business and client/member satisfaction.

Vice President - Application Development

Sep 2012Dec 2012 · 3 mos

  • Responsible for Application development/System integration project deliveries across technology and industry sectors (like MRD, Healthcare, Energy &Utilities and public sector etc.) from India to global clients.

Logica

6 roles

Director-Professional Services & Innovation

Jan 2012Nov 2012 · 10 mos

  • Rakesh was responsible for Professional Services business across all industry sectors(Telecom, Financial Services, Energy & Utilities, Trade, transport, industry and Public Sector) and technology horizontals(Like SAP, Oracle, Microsoft) in India. In this role, Rakesh was responsible for excellence in delivery, growth of business, close alignment of global delivery centre with professional services business in client countries. Rakesh works in close collaboration with regional PS stream leaders, technology boards, sector leaders, sales and account management teams and global service lines to deliver professional services Projects/Programmes from India. As part of the management team Rakesh was responsible for driving various initiatives within Logica India, like Managing people and Enhancing client value priority. Rakesh was part of the Global Innovation Board for Logica group and as Head of Innovation for India he was also responsible for driving innovation within India business.

Head - Telecom & Innovation, India

Promoted

Jan 2008Dec 2011 · 3 yrs 11 mos

  • Rakesh was responsible for delivery of all projects/programmes to telecom operators and network equipment manufacturers globally from India. Rakesh's responsibilities included, ensuring scope, quality, schedule and cost of delivery is as per client and Logica expectations, Managing people to ensure high staff engagement index, low attrition, managing cost and high staff survey scores, work closely with the sales team globally to provide pre-sales support to grow the business.

Delivery Manager- Acision

Jun 2005Dec 2007 · 2 yrs 6 mos

  • Rakesh was responsible for managing the delivery of the largest account with more than 300 staff from India, the delivery was managed 100% from offshore with high margin. It was one of the most profitable accounts for Logica and client satisfaction score was high. Rakesh built an excellent relationship with the client and our KPI based performance measurement became a benchmark within the client organisation to measure other global delivery centres including their own R&D centres.

Senior Staff Manager

Promoted

Oct 2004Jun 2005 · 8 mos

  • Rakesh was responsible for managing all the staff related responsibilities like performance management, career development, coaching & mentorship, training, recruitment, implementation of retention strategies, managing staff allocation conflicts and managing attrition within the business unit with the help of staff and line managers. Rakesh was part of the management team of the business unit and was working closely with central functions like HR and resourcing. Through effective mentorship and other initiatives Rakesh successfully brought down the attrition significantly.

Solution Consultant- Cards & EFT

May 2002Oct 2004 · 2 yrs 5 mos

  • Rakesh was responsible for Logica’s strategy in cards/EFT solutions; Rakesh was focussed on creating Logica’s end to end market offering in this space. Rakesh managed pre-sales consulting, business consulting for clients, partnerships with product vendors, conducting functional workshops for clients and training sales/technical staff on business aspects of cards/EFT business. This was a global role and Rakesh was responsible for supporting the countries to sell and help them deliver the solutions to major banks and card processors. Rakesh was expected to work 50% in pre-sales/business development globally with the sales team and 50% with the regional delivery teams. Rakesh was a key member of the FS-International Line of Business (ILoB) in Logica. Rakesh played a key role in winning and delivering a large deal for Luottokunta, Finland to implement a new national Electronic Fund Transfer switch and Smart Card infrastructure (EMV compliant) in Finland.

Product Manager

Nov 1998Apr 2002 · 3 yrs 5 mos

  • Rakesh was responsible for end to end management of the product, like defining product roadmap, managing user group meetings, product marketing, functional workshops with clients or prospects, pre-sales support globally to the sales team, creating investment cases etc. Rakesh was working closely with the project manager to ensure that new releases are as per agreed scope and timelines. Rakesh was earlier responsible for transitioning the product from UK to India and setting up the product center in Bangalore. Rakesh provided all the functional expertise to the team and managed the transition of Card Issuer system. After the transition he took responsibility of defining the requirements and managing the development of merchant acquiring system. Rakesh was responsible for new release management, global deployment and support for all clients of QCards.

Hdfc bank

Assistant Manager- Head Card Center Operations

Jan 1997Nov 1998 · 1 yr 10 mos · India

  • Rakesh was responsible for setting up and managing the cards centre operations for the bank, Rakesh was responsible for defining & managing various processes like card issuance, pin mailer issuance, settlements, reconciliation, branch support, in-house card printing and implementing new processes and systems. Rakesh reduced the turnaround time of card issuance from 10 days to 5 days by improvements in various systems and processes. Rakesh was a key member of new product implementations in the bank, like Base 24 EFT switch an ACI product and I-Flex retail banking system now part of Oracle

Arvind mills

Management Trainee-Finance

Jun 1996Dec 1996 · 6 mos · India

  • Rakesh was responsible for daily reporting of business to the President, Rakesh was focussed on daily cash flow management, quarterly cash flow projections, receivables management and banking operations by liaising with the bank.

Aker kvaerner

Design Engineer-Instrumentation & control

Jul 1992Jun 1994 · 1 yr 11 mos · India

  • Rakesh was responsible for making the technical specifications of an RFP document for procuring process control/automation equipments for chemical/petrochemical plants. Rakesh was responsible for technical evaluation of the offers of various vendors and for the final selection of equipments for the plants. Rakesh was also involved in making of engineering documentation procedure manual for ISO 9001 certification. Rakesh was selected as the “BEST TRAINEE Engineer” out of 30 trainees who joined the company from various leading engineering schools.

Education

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

MBA — Finance

Jan 1994Jan 1996

COEP Technological University

BE — Instrumentation & Control

Jan 1988Jan 1992

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