Rajani Kesari, CFO, Nayara Energy, Strengthening Financial Foundation
With stints at reputed corporate institutions as the CFO, Rajani Kesari has been at the forefront of their financial transformation with a diverse portfolio of projects that have paved the way for financial success
As the CFO of Nayara Energy since January 2023, Kesari has led multiple initiatives that have helped in deleveraging the balance sheet by optimising the interest cost and streamlining the loan and banking portfolio.
In addition, the resolution of various critical matters and optimisation of operational working have been instrumental in strengthening the financial metrics of the company during 2023.
Under Kesari’s leadership, the organisation has seen significant improvement in critical financial ratios. With a vision to enhance the banking portfolio and ensure sufficient cash flows, she led the initiative of expanding the lender portfolio by onboarding multiple domestic and international banking partners using her strong relationships. The number of banks in the working capital consortium has increased by one-third in the last year.
As an integral part of the risk management committee, Kesari plays a critical role in ensuring that Nayara Energy is empowered to mitigate strategic risks arising from any adverse price movement. She has been instrumental in ensuring that Nayara Energy can effectively maintain prices in the domestic market along with other players and minimise the impact due to movement of feedstock.