USMAN qureshi MBa; cpa,ca
EXECUTIVE Summary
An experienced global finance and operations executive in diverse roles and business
environments. Delivered outstanding value across industries including the telecom, banking,
manufacturing and oil and gas sectors. Proven capability of translating vision into strategy with
solid delivery of results. Extensive international experience in over 40 countries globally
including Canada, U.S., U.K. and several countries in South America, Europe and Asia.
Key competancies
Business Planning Mergers & Acquisitions
Financial Reporting Strategy
Performance Management Transformation
Education
Executive Development Programs – Harvard and INSEAD Business Schools, US & Europe
MBA – London School of Business, U.K. (Ranked no.1 by Financial Times in 2010)
CPA, CA Institute of Chartered Accountants of Ontario, Canada
B.Comm. (Bachelor of Commerce) – Hailey College
SUMMARY OF EXPERIENCE
Director Strategic Planning & Programs, GTI, Royal Bank of Canada (2013
Present)
Chief Financial Officer (CFO), Warid Telecom (2011 2012)
Director Finance, Operations & Process Re engineering, Mobilink (2003 2010)
Internal Auditor, Société Internationale de Supervision Financière (SISF) (1998 2002)
Manager, Pricewaterhouse Coopers (PwC) LLP (1993 1997)
MAJOR ACCOMPLISHMENTS
Initiated the transformation of PMO managing 79 Projects valuing over $100 million
for Global Technology Infrastructure (GTI) at the largest financial institution in Canada
Co led the development of the Target Operating Model for $850 million Tech. Infra.
Led operational excellence with annual savings of $25 45 million
Led a $750 million debt restructuring deal with local and foreign lenders
Led the valuation on a $1 billion M&A transaction
Involved in new strategic start ups creating value in excess of $600 million
Championed projects with capex of over $110million that yielded pay back of 3 years
E mail accmne@r.postjobfree.com LinkedIn : ca.linkedin.com/pub/usman-azhar-qureshi/b/436/6a0/
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Evaluated and advised the CEO and board on not to purse a MVNO offer
Led logistics operations with monthly inventory turnover averaging $65 million
Pioneered a BPO creating significant opportunities
Managed supply chain processes identifying efficiencies of over $2 million in 3 years
Re engineered organization processes creating value of $20 million from 2004 06
Created distribution model for franchisees facilitating working capital of $3 million
Designed customer registration process facilitating aquisition of 7 8 million new subs
Implemented best in class revenue assurance preventing $10 20 million annual leakages
Unearthed a $1 million fraud in a newly acquired subsidiary in Spain.
Completed fixed assets verification of $1 billion in an oil & gas company
EXPERIENCE
Director Strategic Planning & Programs, Global Technology Infrastructure, T&O
Royal Bank of Canada
2013 - Present
The Royal Bank of Canada, RBC Royal Bank or RBC Financial Group is the largest financial
institution in Canada, as measured by deposits, revenues, and market capitalization. The bank
serves 18 million clients and has 80,100 employees worldwide.
Tasked to run Global Technology Infrastructure as a business, leading a team of 56
Led the Efficiency Management Program delivering annual savings in excess of $46M
Initiated the transformation of the PMO managing portfolio of 79 Projects valuing $100M
Co led the development of Target Operating Model embedding strong business alignment
Initiated the development of Performance Management dashboard with the focus on
operational resiliency, productivity and efficiency
Re designed the IT Planning process covering people, processes and technology
Guided Vendor Management practices compliance with the enterprise VM framework
Improved internal communications by setting up and coaching a professional team
Chief Financial Officer (CFO)
phone 416-***-****; Toronto, Canada
e mail accmne@r.postjobfree.com
Warid Telecom
2011 2012
Warid Telecom had 13m subscribers, $400 million annual revenues and $2.2 billion investments
Established strong financial governance framework with strong reporting and controls
Strengthened management reporting mechanism
Optimised working capital management through credit stretch and optimized collection process
Initiated restructuring of finance division in line with industry best practices
Managed short term cash flows based on targets set by the Board
Preparation of business plans for various strategic options available to the company
Facilitated the re structuring of over $ 750 million debt with international and local lenders
including the execution of a major hedge unwind transaction
Prepared and validated business plans for the debt restructuring exercise
Drove operational excellence through companywide performance improvement initiatives
Cultivated a culture of internal customer focus and business partner role within finance
Led a team of 190 staff in the Company
Mobilink, A Vimpelcom Telecom Company
Mobilink had 33 million subscribers, $1.1 billion in annual revenues and $3.5 billion of capital
investment. Vimpelcom’s turnover is $20 billion with 181 million subscribers in 20 countries
Director Finance Planning, Budgeting, Reporting & Business Excellence 2009 2011
Guided corporate strategy, risk policies, annual budgets and business plans
Prepared long term strategic business plans and budgets and presented to the Board
Prepared monthly financial reporting, budgets, market analysis, industry trends and KPI’s
Reviewed investment appraisals of all new projects, initiatives, acquisitions and ad hoc deals
Director Finance Operations and Revenue Assurance 2007 – 2008
phone 416-***-****; Toronto, Canada
e mail accmne@r.postjobfree.com
Managed operations including supply chain, logistics & procurement
Developed best in class revenue assurance system
Director Business Process Re engineering 2005 – 2006
Modeled credit and collections reducing bad debts with minimal customer dissatisfaction.
Re designed call centre processes increasing customer satisfaction and agent utilization
Re designed the cell site acquisition and build out process
Director Internal Audit 2003 2004
Established Internal Audit and Fraud Prevention function; reviewed processes & controls
Internal Auditor
Société Internationale de Supervision Financière S.A. (SISF) 1998 2002
A Swedish group ‘Kinnevik’ with investments in telecom (Millicom International & TELE 2),
media (MTG), newspapers (Metro), call centres (Transcom), paper pulp and packaging
(KORSNAS)
Executed internal audit, due diligence and consultancy assignments across the globe
Reviewed revenue assurance functionality identifying $3 million leakage in revenues
Resolved missing transactions dispute of GBP 400,000 for Hard Rock Café London
Manager
PricewaterhouseCoopers (PwC) LLP 1993 1998
Serviced a diverse client base in the technology, oil and gas, telecom and manufacturing sectors
Worked on statutory audits and other assurance engagements
Prepared internal control memorandums, management letters and representation letters
Maintained books of accounts and prepared financial statements in accordance with IFRS
affiliations & interest
Avid Golfer
Actively pursuing Board Memberships for Small Companies / Not for Profit Organisations
phone 416-***-****; Toronto, Canada
e mail accmne@r.postjobfree.com
ReFERENCES
Available upon request
phone 416-***-****; Toronto, Canada
e mail accmne@r.postjobfree.com