Venkat Kailasam

Bio

Venkat has over 18 years of experience in audit and banking areas. Venkat joined Ernst & Young (EY), Riyadh, Saudi Arabia in the year 1996, where he handled audits of local and multinational companies such as General Electric, Metito Group and Saudi American Bank (an affiliate of Citibank N.A), and Gulf International Bank, Riyadh. Venkat then joined Saudi American Bank (an affiliate of ex-Citibank N.A) in the year 2002. From 2002 until Oct 2008, Venkat handled various assignments such as investment compliance and the implementation of Basel II operational risk for the consumer bank businesses, preparation of the bank’s financial statements, Treasury Business Support Manager role where he handled the accounting and reporting of hedges, employee option plans, transfer pricing, capital adequacy ratio calculation and was instrumental in the implementation of BASEL II and IFRS 2 / IFRS 7 accounting standards. In 2008, Venkat became the CFO of Samba Capital, a subsidiary of Samba Financial Group, which provides asset management, brokerage and investing banking services. Venkat is an Associate member of The Institute of Chartered Accountants of India since June 1994.